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Answer Posted / pranjal
Security Transaction Tax is the basicaly part of Share
Trading,for share trading demat account rquires, so when
any transaction is comleted they charge service tax,STT
(Security transaction Tax).STT is the concept that bank
provide security or protection for each & every Share
transaction for each share holders.in Short Its a Security
for that particular Account.
| Is This Answer Correct ? | 1 Yes | 9 No |
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