On September 1, the stock markets put in place a transparent and strict mechanism to collect an initial 20% margin on cash market transactions and resisted the collateral system to protect the interests of investors. Although the new rules, which had been…
read moreEffective July 1, all stocks and mutual fund purchases will benefit from a 0.005% stamp tax and any transfer of securities (MF units) will be subject to a 0.015% stamp tax. Last year, the government made changes to the stamp tax law…
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