Share transaction levy back, as exclusively reported by Business Times

Business

Apr 12, 2016
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The Colombo Stock Exchange (CSE) is to reimpose the Share Transaction Levy (STL) on all transactions with effect from Friday, April 15, a move that was exclusively reported in the Business Times in its April 3 edition.
On Tuesday, a day before the Sinhala and Hindu New Year, the CSE said in an announcement that the STL will be reimposed at the rate of 0.3 per cent from every buyer and seller on the turnover of every share trading transaction. (DE)