Derivatives trading will be service tax free from July 1


The Finance Ministry has made it clear that it has no intention to levy any service tax on derivative transactions even in the negative list regime. From July 1, services taxation will be under a negative list approach whereby all services except a specified list of 17 services would attract service tax
http://www.thehindubusinessline.com/markets/stock-markets/article3505629.ece

 

.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s