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What is Securities Transaction Tax (STT) and When it is Levied?

Want to learn about what is Securities Transaction Tax (STT) and when it is levied? If yes, then this video is for you. To manage your personal finances, download Kredent Money App, a one-stop tool to assist you in your financial journey: http://bit.ly/2lYhYYe To watch this video in English, click here -    • What is Securities Transaction Tax (S...   The taxes that the government levies on our transaction in the #sharemarket can affect our profits and our #investment decisions, which is why it is very important for, you, a responsible #investor, to understand each kind of tax before you make any decisions in the stock market. The Securities Transaction Tax or #STT is one among many such taxes. In this video, we will discuss the meaning of the tax and the history behind its implementation. This video also educates its viewers on the various tax rates that are charged by the government and which type of securities can be subjected to this taxation. This video also sheds light on how the #STT is calculated through the use of simple examples and shows how the tax can affect a #tradingdecision, whether short-term or long-term. In case you want to know more about managing your personal finance, feel free to visit the website https://www.kredentmoney.com