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Govt may slap commodity transaction tax on futures

PUBLISHED ON: July 8, 2008 | Duration: 2 min, 12 sec

  
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Inflation that refuses to go away and a new political partner for the government is prompting fears that the proposed 0.017 per cent tax on futures trading in commodities may now come into effect. Already saddled with a ban on trading in various commodities, commodity traders are worried that the CTT could deliver the final blow to volumes.
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