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what is mean by security transaction tax? it considers how
during profit calculation of shares trading.
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Answer Posted / abhishek kumar
STT is a tax levied when any body do transaction
in stock exchange.It is levied both on sale and purchase.
The tax rate is differednt for different type of
transaction and the profit earned on securities are
absouletely tax free when STT has been paid.
Tax rate also various on type of transaction that is
delivery bassed or non deliver base.
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