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Monday, February 4, 2019

Shares, M&A deals to get a bit costlier due to new levy

The reforms, which are part of the Finance Bill moved by Piyush Goyal on Friday, have sought to bring transactions involving demat shares, which were hitherto exempted from payment of stamp duty, as well as derivatives (including commodities, currency and interest rate) within ambit of the law, while also centralising several functions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2TwXrGg

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