ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Ishani TewariSubscribe to Ishani Tewari

Securities Transaction Tax:Is It Effective?

Empirical evidence does not support claims that a securities transaction tax can curb market volatility, reduce excessive turnover, raise stock prices and boost tax revenue. Data from east Asian, UK and Swedish markets shows a weak correlation between transaction taxes and these desired outcomes.

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