Share Transaction Levy

Finance Act No. 5 of 2005 was enacted with effect from 01.01.2005 to charge a levy on share transactions taking place in the stock exchange. The rate applicable is 0.2 on the seller on disposal value of the share and the 0.2% on the buyer on the purchase value of the share. As this is purely based on the transaction taking place in the stock exchange, revenue generated under this Act fluctuates in accordance with the volume of the share market dealings.

Finance Act, No.5 of 2005 [ | | ]
[Certified on 30th March, 2005]

Finance (Amendment) Act No.45 of 2007 [ | | ]
[Certified on 15th October, 2007]

Finance (Amendment) Act No.8 of 2008 [ | | ]
[Certified on 29th February, 2008]

Finance (Amendment) Act No.18 of 2009 [ | | ]
[Certified on 31st March, 2009]

More Details
Tax Payer Service Unit - 2328702
Secretariat Unit - 2338635