Uniform stamp duty for all deals via exchanges notified

The government has notified uniform stamp duty rates "much lower than earlier" across states for trading in stocks, derivatives, currencies and commodities. It will become operational on January 9 and help curb the problem of varied stamp duty collection rates. The notification also makes it easier for consolidated payments through the exchanges where the products are traded.

from IndiaTV: Google News Feed https://ift.tt/2T1BMIT