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

Answers were Sorted based on User's Feedback



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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