Person responsible for securities transaction tax designated for insurance company transactions under the securities transaction tax framework. Rule 5A designates the person responsible for the collection and payment of securities transaction tax in respect of transactions involving an insurance ... Summary
Person responsible for securities transaction tax designated for insurance company transactions under the securities transaction tax framework.
Rule 5A designates the person responsible for the collection and payment of securities transaction tax in respect of transactions involving an insurance company under the Securities Transaction Tax Rules, 2004, thereby identifying who must withhold, collect or remit the tax for insurance-related securities dealings.
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