To give a fillip to the sagging stock market, the Government is considering a cut in the Securities Transaction Tax (STT). The Finance Ministry, too, is considering a rationalised and uniform stamp duty on securities transactions. News about the reduction and rationalisation of duty and taxes cheered the market.
http://www.thehindubusinessline.com/industry-and-economy/government-and-policy/article2487555.ece?homepage=true
