Volume : V, Issue : VII, July - 2016

Commodity Transaction Tax – A Panacea

P. Chandrika

Abstract :

 The 2nd biggest country in the world to introduce a tax on commodity futures trading is India. In 1993, Taiwan imposed a transaction tax of 0.05 percent on commodity futures contract. It was launched in India to ing commodity market on par with the securities market as well as to increase the Government Revenue. Apart from revenue potential, CTT would enable authorities track transactions and manipulative activities (Dabba Trading) that undermine market integrity. Hence, CTT plays a key role in Government revenue and tracking of manipulative activities. This paper focuses on the pros and consequences of Commodity Transaction Tax in Indian Commodity Derivative Market.

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

P.CHANDRIKA Commodity Transaction Tax – A Panacea Global Journal For Research Analysis, Volume : 5 | Issue : 7|July 2016

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