<h1>Finance Bill 2013 Introduces 0.01% Commodities Transaction Tax on Non-Agricultural Futures, Exempting Agricultural Commodities.</h1> The Finance Bill 2013 proposes a limited introduction of the Commodities Transaction Tax (CTT), applying a 0.01% tax on non-agricultural commodities futures contracts, similar to equity futures. The tax will be deductible if the income is part of business income, and trading in commodity derivatives will not be treated as speculative. The Finance Minister emphasized the similarity between derivative trading in securities and commodities markets, with the primary difference being the underlying asset. Agricultural commodities will remain exempt from this tax.