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of <h1>Tax on Stock Exchange Services: Trading, Processing, Clearing, and Settlement of Securities (2008-2012)</h1> Any service provided by a recognized stock exchange that assists, regulates, or controls the business of buying, selling, or dealing in securities is taxable. This includes services related to trading, processing, clearing, and settlement of securities transactions. The service provider is the recognized stock exchange, and the receiver is any person engaging in these activities. This taxation framework was applicable as of May 16, 2008, and relevant until June 30, 2012.
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