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Stt Collections

Transaction charges on NSE, BSE, MCX, Higher STT from today: Things to know

From Tuesday onwards i.e effective October 1, 2024, the Indian financial markets will undergo several reforms that investors must know

Transaction charges on NSE, BSE, MCX, Higher STT from today: Things to know
Updated On : 01 Oct 2024 | 10:12 AM IST

Sebi-proposed F&O trading regulations to hit exchanges, brokers: Reports

Stock exchanges and brokers, catering to retail traders, could be hit hard by the regulator Sebi's proposed measures for Futures & Options (F&O) trading regulations, with market volumes slumping 30-40 per cent, according to reports. If these measures are implemented, the number of investors could decrease, it added. Moreover, discount brokers, who depend heavily on retail investors, are expected to be more affected than traditional full-service brokers. Sebi, in its consultation paper in July, proposed seven measures, including increasing minimum contract size and upfront collection of option premiums, intra-day monitoring of position limits, rationalisation of strike prices, removal of calendar spread benefit on expiry day and increase in near contract expiry margin. Sebi stated that these measures are aimed at enhancing investor protection and promote market stability in derivative markets. According to a report by Jefferies, Sebi's proposed measures to reduce the number of .

Sebi-proposed F&O trading regulations to hit exchanges, brokers: Reports
Updated On : 11 Aug 2024 | 3:05 PM IST

Capital gains tax changes may impact investment behaviour: Rashesh Shah

Buyback and tax-free dividend had a gap and an equalisation was needed. Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest, he said

Capital gains tax changes may impact investment behaviour: Rashesh Shah
Updated On : 31 Jul 2024 | 10:11 AM IST

Budget 2024: FM hikes taxes on equity trading; STCG, LTCG, STT raised

To mitigate the blow from the increased taxes, the amount exempted from the LTCG on listed securities has been increased to Rs 125,000 a year from the earlier limit of Rs 100,000

Budget 2024: FM hikes taxes on equity trading; STCG, LTCG, STT raised
Updated On : 23 Jul 2024 | 11:11 PM IST

Zerodha to collect Rs 2,500 cr from STT hike in Budget 2024: Nithin Kamath

STT on derivatives hike in Budget 2024: While unveiling the Budget 2024 proposals, the first budget in the Modi 3.0 regime, FM Nirmala Sitharaman announced a slew of changes relating to stock markets

Zerodha to collect Rs 2,500 cr from STT hike in Budget 2024: Nithin Kamath
Updated On : 23 Jul 2024 | 8:27 PM IST

Budget 2024 hikes LTCG tax rate to 12.5%, STCG to 20%, STT on F&O also up

Union Budget 2024-25 news: FM Nirmala Sitharaman hiked hiked LTCG tax to 12.5 per cent from 10 per cent on all financial and non-financial assets

Budget 2024 hikes LTCG tax rate to 12.5%, STCG to 20%, STT on F&O also up
Updated On : 23 Jul 2024 | 1:26 PM IST

Securities transaction tax collection likely to go past Budget target

Collection in H1 over 50% of BE of Rs 27,625 cr

Securities transaction tax collection likely to go past Budget target
Updated On : 03 Oct 2023 | 12:15 AM IST

Finance Bill 2023: Govt to scrap LTCG tax benefits on debt mutual funds

STT raised as Finance Bill passes without discussion

Finance Bill 2023: Govt to scrap LTCG tax benefits on debt mutual funds
Updated On : 24 Mar 2023 | 11:00 PM IST

Finance ministry issues clarification over STT hike on selling options

The finance ministry clarified on Friday that the securities transaction tax (STT) on selling options has been raised to 0.062 per cent from 0.05 per cent and not from 0.017 per cent to 0.021 per cent

Finance ministry issues clarification over STT hike on selling options
Updated On : 24 Mar 2023 | 5:21 PM IST

Finance Bill: Centre hikes STT on futures and options trading by up to 25%

STT was introduced in 2004 and is levied on transactions involving different types of securities through the stock exchange route

Finance Bill: Centre hikes STT on futures and options trading by up to 25%
Updated On : 24 Mar 2023 | 5:04 PM IST

STT hike to GST appellate tribunal: Key takeaways from Finance Bill 2023

Finance Bill 2023: Debt funds with less than or equal to 35 per cent invested in equity shares will be taxed at the investors' income tax slab and treated as short-term capital gains

STT hike to GST appellate tribunal: Key takeaways from Finance Bill 2023
Updated On : 24 Mar 2023 | 5:04 PM IST

Budget wish list: Brokers body wants STT rebate, Rs 1 lakh STCG exemption

Also seeks relaxations in set-off provisions for carry forward business loss

Budget wish list: Brokers body wants STT rebate, Rs 1 lakh STCG exemption
Updated On : 28 Nov 2022 | 7:37 PM IST

Direct tax collections may exceed budget targets, CBDT chief says

Gupta added that if the trend continues, direct tax collections for FY23 could exceed the budget target of Rs 14.20 trillion

Direct tax collections may exceed budget targets, CBDT chief says
Updated On : 02 Sep 2022 | 8:20 PM IST

Budget 2022: Centre boosts STT target as mop-up beats expectation

Securities transaction tax (STT), which is levied on purchase and sale of equity shares and their derivative contracts, has emerged as a healthy source of income for the government

Budget 2022: Centre boosts STT target as mop-up beats expectation
Updated On : 04 Feb 2022 | 1:23 AM IST

Budget 2022: Govt pegs STT collection at Rs 20,000 cr for FY23

The sharp increase in budget estimate for the next fiscal could be on account of government's confidence in the securities market

Budget 2022: Govt pegs STT collection at Rs 20,000 cr for FY23
Updated On : 01 Feb 2022 | 7:35 PM IST

Budget 2022: Dalal Street looks for STT abolition for more retail investors

The biggest positive trigger for Dalal Street in the upcoming Union Budget 2022 could be abolition of Securities Transaction Tax (STT).

Budget 2022: Dalal Street looks for STT abolition for more retail investors
Updated On : 25 Jan 2022 | 4:34 PM IST

'Govt should abolish STT to encourage new investors to start trading'

The investment industry will benefit if the Securities Transaction Tax is abolished, says Nikhil Kamath, co-founder of Zerodha, as part of his FY23 Budget expectations

'Govt should abolish STT to encourage new investors to start trading'
Updated On : 20 Jan 2022 | 6:40 PM IST

Securities transaction tax collection in Sept to exceed full year's target

Collections already stand at Rs 12K crore, compared to Budget target of Rs 12.5K crore

Securities transaction tax collection in Sept to exceed full year's target
Updated On : 21 Sep 2021 | 12:24 AM IST

Securities tax mop-up at 70% of Budget target amid market rally

The STT is a direct tax payable on the value of taxable securities transactions done through a stock exchange

Securities tax mop-up at 70% of Budget target amid market rally
Updated On : 16 Aug 2021 | 6:47 AM IST

STT collection hits all-time high; taxman rides on bullish stock market

The Income Tax department has got a record of Rs 5373 crore in the head of STT collection during the first quarter of financial year.

STT collection hits all-time high; taxman rides on bullish stock market
Updated On : 15 Jul 2021 | 5:41 PM IST