Transaction levy rates for securities derivatives increased, raising charges on sale of options and futures effective October. Amendment modifies section 98 Table (serial number 4, column (3)) of the Finance (No.2) Act, 2004 to increase the levy for the sale of an option in ... Summary
Transaction levy rates for securities derivatives increased, raising charges on sale of options and futures effective October.
Amendment modifies section 98 Table (serial number 4, column (3)) of the Finance (No.2) Act, 2004 to increase the levy for the sale of an option in securities and the levy for the sale of a futures in securities, by substituting the prior figures and words with higher figures and words, effective from the 1st day of October, 2024.
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