https://www.taxtmi.com/acts?id=8565 The amendment specifies a securities transaction tax scheme: sale of an option is taxed at a rate payable by the seller; sale of an option when exercised is taxed at a higher rate payable by the purchaser; and sale of a futures is taxed at the seller's rate. Section 99 is amended to define taxable value for options-option premium for sale of an option and settlement price for an exercised option. en-us Sat, 01 Mar 2008 00:27:01 +0530 Sat, 03 May 2008 12:10:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8565 The amendment specifies a securities transaction tax scheme: sale of an option is taxed at a rate payable by the seller; sale of an option when exercised is taxed at a higher rate payable by the purchaser; and sale of a futures is taxed at the seller's rate. Section 99 is amended to define taxable value for options-option premium for sale of an option and settlement price for an exercised option. Act-Rules Bills Sat, 01 Mar 2008 00:27:01 +0530 https://www.taxtmi.com/acts?id=8565