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At Rs 111 bn, govt collects highest taxes from trading on exchanges in FY18
Buoyancy in the stock markets has helped the government collect a record amount from the securities transaction tax (STT) in 2017-18.
According to an official with the income tax (I-T) department, the STT collection for the fiscal year stood at Rs 111.23 billion, an increase of 24 per cent over 2016-17. The amount is also 43 per cent higher than the Revised Estimates of Rs 77.7 billion. Read more here
Toyota and Suzuki sign mutual agreement to supply certain models in
Buoyancy in the stock markets has helped the government collect a record amount from the securities transaction tax (STT) in 2017-18.
According to an official with the income tax (I-T) department, the STT collection for the fiscal year stood at Rs 111.23 billion, an increase of 24 per cent over 2016-17. The amount is also 43 per cent higher than the Revised Estimates of Rs 77.7 billion. Read more here
Toyota and Suzuki sign mutual agreement to supply certain models in
