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"id": 845101,
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"content": "However, there were concerns that this may involve double taxation and so, the proposal to provide exemptions will shield individual transactions within one account. Also, if you have money and you have given it to the stock exchange broker to buy for you shares, it is very likely that you will be charged when you are transferring money to them. You will also be charged when transferring the money to the person selling shares. So, to exempt that we have provided an exemption that will exclude any cash transfers by the stock brokers and any other service providers dealing with shares. If they are transferring money to buy shares on behalf of customers and so you are charged once."
}