Search For "securities transaction tax"
Budget 2026: STT raised on F&O to discourage derivatives trading
Updated : 1 month, 1 week ago IST
In an effort to discourage futures and options (F&O) trading, Finance Minister Nirmala Sitharaman has proposed to raise Securities Transaction Tax (STT) on such derivatives trade.
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India-EU FTA set to benefit India's labour-intensive sectors: NSE MD Ashis
Updated : 1 month, 2 weeks ago IST
Highlighting the scale of trade between India and the EU, he said, "The total trade between India and EU -- all countries put together -- is $220 billion in goods and services put together, out of which $135 billion on goods and the remaining are in services. Both areas are covered very well
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Budget 2025 Expectations: Market Expert Maya Sharan Singh on Securities Tr
Updated : 1 year, 1 month ago IST
New Delhi [India], January 31: As anticipation builds around the Union Budget 2025, investors, businesses, and policymakers eagerly await key reforms that could reshape the economic landscape. This year's budget is expected to focus on tax reforms, housing benefits, incentives for the automo
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STT Abolition and IT Exemption Revision Top Budget Expectations: Akshat Kh
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], January 22: Abolition of Securities Transaction Tax (STT) and the revision of the income tax exemption slab to Rs 25 lakh are two major expectations from the upcoming Union Budget - 2025, said Akshat Khetan, corporate and legal advisor and Founder of AU Corporat
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Gross Direct Tax collection sees 19.94 per cent growth as of January 12
Updated : 1 year, 2 months ago IST
Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore. Collections from Securities Transaction Tax (STT) surged to Rs44,538 crore, and other taxes contributed Rs2,868 crore. These figures highlight robust growth across key categories, dri
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Post-budget profit booking continues in the market; Sensex, Nifty close in
Updated : 1 year, 7 months ago IST
Indian markets closed on a decline on Thursday, a day after the government proposed an increase in capital gains tax and a hike in the Securities Transaction Tax for F&O transactions in the Union Budget
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NFO Alert: Bajaj Finserv AMC enters the ETF market; launches Nifty 50 and
Updated : 2 years, 1 month ago IST
Pune (Maharashtra) [India], January 17: Bajaj Finserv AMC has introduced two new fund offerings, namely Bajaj Finserv Nifty 50 ETF and Bajaj Finserv Nifty Bank ETF, which became available for subscription on January 15, 2024. Marking the company's foray into the ETF market, this strategic in
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STT collection hits all-time high; taxman rides on bullish stock market
Updated : 4 years, 8 months ago IST
New Delhi [India], July 15 (ANI): With Sensex witnessing record closing and Nifty hitting all-time high earnings, the Income Tax Department on Thursday has set a new benchmark by collecting more than expected revenue on account of Securities Transaction Tax (STT) in the first quarter of the
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CBDT notifies condition of chargeability to STT; claims exemption
Updated : 8 years, 6 months ago IST
New Delhi [India], June 6 (ANI): According to the Central Board of Direct Taxes (CBDT) released notifications, under section 10(38) of the Income-tax Act, 1961, prior to its amendment by Finance Act, 2017 it was provided that the income arising by way of a transfer of long term capital asset
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