Search For "stt"
STT GDC India Strengthens Its Market Presence in Chennai with Multi-Campus
Updated : 1 week, 3 days ago IST
Chennai (Tamil Nadu) [India], February 20: ST Telemedia Global Data Centres (India) ("STT GDC India" or the "Company"), a leading AI-ready colocation data centre services provider, today announced the launch of its fourth data centre in Chennai, marking the expansion of its second campus
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Net direct tax collections spike by 9.40% in FY26
Updated : 1 week, 3 days ago IST
According to official data, gross direct tax collections stood at Rs 22,78,068.60 crore, marking a 4.09 per cent increase over Rs 21,88,554.86 crore collected during the same period last year
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"Government wants to reduce speculation," says NSE CEO Ashish Kumar Chauha
Updated : 1 week, 3 days ago IST
National Stock Exchange (NSE) MD and CEO Ashish Kumar Chauhan spoke about the recent hike in Securities Transaction Tax (STT) during the FY 27 budget. He noted that the tax has been raised several times over the years, with the latest increase specifically targeting equity futures and option
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Diversified revenue streams shield broking firms against policy shifts: Cr
Updated : 1 week, 3 days ago IST
Diversification has emerged as the critical strategy for the broking industry to shield against policy shifts, with firms maintaining multiple revenue sources proving more resilient than standalone entities. According to a release from Crisil, this trend follows a proposed increase in the se
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STT hike unlikely to curb speculation, says Zerodha founder Nithin Kamath
Updated : 1 month, 3 weeks ago IST
Zerodha founder and CEO Nithin Kamath has said the hike in the Securities Transaction Tax (STT) announced in the Union Budget 2026 is unlikely to reduce speculative activity in India's derivatives markets.
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Hike in STT on F&O is to discourage speculative trading: Nirmala Sitharama
Updated : 1 month, 3 weeks ago IST
A day after Budget announcement, Union Finance Minister Nirmala Sitharaman said on Monday the hike in Securities Transaction Tax (STT) on futures and options (F&O) was to discourage investors from getting into speculative trading.
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Trading volume will hold steady despite higher STT imposed in Budget 2026:
Updated : 1 month, 3 weeks ago IST
"Nonetheless, some moderation in derivatives activity remains a risk, which could translate into lower trading turnover and consequently softer brokerage volumes and revenues from the derivatives segment for the securities broking industry," ICRA said. The proposed increase in STT on F&am
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Nifty gain 0.3%, Sensex jumps 372 pts in opening on Monday, post heavy bud
Updated : 1 month, 3 weeks ago IST
Domestic stock markets recovered from early losses and moved into positive territory in early trade on Monday after opening lower amid selling pressure triggered by the hike in Securities Transaction Tax (STT) announced in the Union Budget.
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STT hike on F&O aims to put a curb on "speculative" trading options: Arvin
Updated : 1 month, 3 weeks ago IST
Earlier in the day, the Income Tax Department issued a clarification on the hike in STT on futures and options trades
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Except F&O, STT rates remain same for others: Income Tax Dept on rate hike
Updated : 1 month, 3 weeks ago IST
It said the total volume of transaction in options and futures is more than 500 times of Indian Gross Domestic Product (GDP). "In Rupee terms, our GDP is 300 lakh crore rupees, while the volume for options and futures is more than 1.5 lakh lakh crore rupees. Therefore, there is justificat
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Indian stock indices nosedive on Budget day, Sensex dips over 1,800 points
Updated : 1 month, 3 weeks ago IST
Indian stock indices nosedived as the Finance Minister Nirmala Sitharaman presented the Budget for 2026-27 in the Parliament on Sunday.
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NSE IPO to take 7-8 months, no major impact of STT increase on plans: Ashi
Updated : 1 month, 3 weeks ago IST
While speaking with ANI, Chauhan said, "We have been trying to get the No Objection Certificate (NOC) for the IPO since a decade, and we got the success last week when the Securities and Exchange Board of India (SEBI) Pandey gave the final nod." NSE has been seeking regulatory clearance f
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