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Equity market sell off due to global cues, not LTCG tax: Adhia

Retrieved on: 2018-02-04 14:56:15

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Equity market sell off due to global cues, not LTCG tax: Adhia. View article details on hiswai:

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<div>Adhia, who is also the revenue secretary, said the income of government from <b>Securities</b> Transaction Tax (STT) is a paltry Rs 9,000 crore. "In <b>equity</b> market there are more number of short term capital gains transactions, so income of Rs 9,000 is mostly from short term transaction," he said. Currently India ...</div>

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