what is mean by security transaction tax? it considers how
during profit calculation of shares trading.

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what is mean by security transaction tax? it considers how during profit calculation of shares tra..

Answer / shiwani nailwal

STT is levied when a person sells his equity or prefrence
shares held for a time priod of more than 12 months and the
sale price is more than the cost price it is long term
capital gain hence STT is levied on it.

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