Securities Transaction Tax

Mutual Funds: Changes in Budget 2013 – Increased DDT, Lower STT

Mutual Funds

There are two things that have changed for mutual funds in budget 2013. We discuss both one by one. I would start with the good news first. Lower Securities Transaction Tax (STT) on Mutual Funds: The securities transaction tax has been lowered substantially on redemption of Mutual Funds (MF) and Exchange Traded Funds (ETFs) from …

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