Impact of Commodity Transaction Tax on Market Liquidity, Volatility, and Government Revenues: An Empirical Study for India

Executive Summary A commodity transaction tax (CTT) of 0.01 per cent is levied on non-agricultural commodity futures trading since 1 July 2013 by the Government of India. This article examines the impact of CTT on market liquidity, volatility and government tax revenues for the Indian commodities ma...

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Bibliographic Details
Main Authors: Sanjay Sehgal, Tarunika Jain Agrawal
Format: Article
Language:English
Published: SAGE Publishing 2019-03-01
Series:Vikalpa
Online Access:https://doi.org/10.1177/0256090919826316