Economics · Taxation in India
With reference to the Securities Transaction Tax (STT) in India, consider the following financial instruments: I. Equity shares traded on a recognised stock exchange II. Units of equity-oriented mutual funds III. Government securities IV. Corporate bonds V. Units of Real Estate Investment Trusts (REITs) On which of the above is Securities Transaction Tax (STT) levied?
- 1I, II, III, IV and V
- 2I, III and IV only
- 3I, II and V only✓
- 4I and II only
Correct answer
I, II and V only
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