How to Calculate Securities Transaction Tax?

Let us look at how the Securities Transaction Tax is calculated.

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    Securities Transaction Tax is levied on the average price of a stock.

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    Once you have the average price of the stock, you can calculate the tax it attracts by finding the current tax rate for securities transaction on this link.

Pro tip:

How to calculate average price of a stock

You now know what the Securities Transaction Tax means as well as how to calculate it. Let us continue learning more about taxes…

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Commodities Transaction Tax

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