Page 2 - Stt Collections

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: 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).

'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

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 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

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.

FM Nirmala Sitharaman announces corporation tax rate cuts: 7 Highlights

The finance minister announced a slew of measures to boost the slowing Indian economy

STT collections surge in buoyant market; govt rakes in Rs 111 bn in 2017-18

Securities transaction tax is levied on all stock market transactions. The tax is in the range of 0.017% and 0.125% of the transaction amount