Securities Transaction Tax applies nationwide to taxable securities transactions from its notified commencement upon notification by the Central Government. Section 96 provides that the Chapter on Securities Transaction Tax extends to the whole of India, shall come into force on a date appointed by the Central ... Summary
Securities Transaction Tax applies nationwide to taxable securities transactions from its notified commencement upon notification by the Central Government.
Section 96 provides that the Chapter on Securities Transaction Tax extends to the whole of India, shall come into force on a date appointed by the Central Government by notification in the Official Gazette, and applies to taxable securities transactions entered into on or after the commencement of the Chapter.
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