Comments
The Finance Ministry on Wednesday met domestic financial institutions who have sought a rationalisation of the securities transaction tax and discussed measures to encourage retail participation in equity markets.
"It was an interactive session with domestic financial institutions. Subjects discussed include development of market infrastructure, widening of investor base and retail participation and deepening of corporate bond market," Shaktikanta Das, Secretary, Department of Economic Affairs, said after the meeting.
Proposals for rationalisation of taxes were noted down by CBDT and CBEC, he said, adding these would be examined by the government.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.