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

Answer Posted / 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.

Is This Answer Correct ?    8 Yes 18 No



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