Share Transaction Levy To Be Re Imposed From 15th Of April

The share transaction levy which was abolished through the 2016 budget proposals  is due to be re imposed with effect from 15th of April according to the Colombo Stock Exchange.

From the turnover of every share trading transaction the  share transaction levy will be imposed from every buyer and seller the Stock Exchange has announced.

The share transaction levy  is due to be re imposed from 15th of April  at the rate of 0.3% from every buyer and seller at the Colombo Stock Exchange it has been stated.