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Stock brokers submit wish list to Centre

Two umbrella bodies of brokers — Association of National Exchanges Members of India (ANMI) and BSE Brokers Forum (BBF) — have submitted a list of demands that include exemption from long-term capital gains (LTCG) tax on shares held for over three years, abolition of stamp duty on stock exchange transactions, rationalisation of securities transaction tax (STT) in equity derivatives and an alternative mechanism for dividend distribution tax which, according to brokers, leads to triple taxation.

Read More at The Hindu News date : 11 Jan 2019, Friday

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