F&O Investors To Pay Tenfold Higher Transaction Tax On Delivery
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

F&O Investors To Pay Tenfold Higher Transaction Tax On Delivery

Investors taking physical delivery of securities to settle derivative contracts will have to pay a tenfold higher transaction tax than those who settle in cash.That’s because the taxman clarified t...
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