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Consider the following statements.1. The Securities Transaction Tax (STT) is a type of financial transaction tax levied in India on transactions done on the domestic and foreign stock exchanges.2. The rates of STT are prescribed by the Central Government through its budget from time to time.3. In tax parlance, this is categorised as an direct tax.Choose from the following options. a)1 and 2 Onlyb)2 Onlyc)2 and 3 Onlyd)1 onlyCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements.1. The Securities Transaction Tax (STT) is a type of financial transaction tax levied in India on transactions done on the domestic and foreign stock exchanges.2. The rates of STT are prescribed by the Central Government through its budget from time to time.3. In tax parlance, this is categorised as an direct tax.Choose from the following options. a)1 and 2 Onlyb)2 Onlyc)2 and 3 Onlyd)1 onlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements.1. The Securities Transaction Tax (STT) is a type of financial transaction tax levied in India on transactions done on the domestic and foreign stock exchanges.2. The rates of STT are prescribed by the Central Government through its budget from time to time.3. In tax parlance, this is categorised as an direct tax.Choose from the following options. a)1 and 2 Onlyb)2 Onlyc)2 and 3 Onlyd)1 onlyCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Consider the following statements.1. The Securities Transaction Tax (STT) is a type of financial transaction tax levied in India on transactions done on the domestic and foreign stock exchanges.2. The rates of STT are prescribed by the Central Government through its budget from time to time.3. In tax parlance, this is categorised as an direct tax.Choose from the following options. a)1 and 2 Onlyb)2 Onlyc)2 and 3 Onlyd)1 onlyCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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