Stt News

Companies

Tata Communications losses widen to ₹199 crore in Q4 FY19

Income from operations, on a consolidated basis, stood at ₹4,243.5 crore for the just-ended quarter, up five per cent over the corresponding period previous yearThe company's share of loss on this account has been reported under 'Share in Profit/(Loss) of associate', the filing said

1 min read8 May 2019
Money

If STT is paid during sale and purchase of equity MFs, LTCG is taxed at 10%

LTCG arising on the sale of equity oriented mutual funds held for more than 12 months before sale are taxableA special tax rate of 10% (plus applicable surcharge and cess) is payable on such LTCG exceeding ₹ 100,000

2 min read19 Jan 2019
Money

Explained: What is securities transaction tax and why is it levied?

STT is a tax levied at the time of purchase and sale of securities listed on stock exchanges

1 min read7 Jan 2019
Market

IPOs, FPOs, ESoPs exempt from STT for availing concessional LTCG tax

In case the STT has not been paid and the transactions are not in the exempt list, the usual LTCG tax rate of 20 per cent would apply of sale of shares

2 min read7 Oct 2018
Market

Bombay HC seeks clarity on derivatives STT collection

The brokers' lobby has moved court against Sebi and NSE for holding brokers responsible for collecting the STT on physical delivery of derivatives

2 min read23 Aug 2018
Money

How much tax do you pay on your investments?

Consider the tax implication of every asset class before investing in order as they might reduce your overall returns

1 min read14 Aug 2018
Money

How much tax do you pay on your investments?

Consider the tax implication of every asset class before investing in order as they might reduce your overall returns

1 min read8 Aug 2018
Money

I-T dept clarifies on LTCG tax applicability

The central government had exempted certain modes of acquisition of equity shares from the condition of payment of STT at the time of acquisition in order to be eligible for 10% LTCG regime

1 min read25 Apr 2018
Market

Markets brace for LTCG tax, STT in FY19

For foreign investors, LTCG and securities transaction tax (STT) together have increased the complexity and the cost of investing in India

3 min read1 Apr 2018
Money

How much tax do you pay on your investments?

Consider the tax implication of every asset class before investing in order as they might reduce your overall returns

1 min read21 Mar 2018
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