The stock markets will absorb the changes in Securities Transaction Tax (STT) and gradually adjust, with no significant impact on the asset quality of stock brokers or exchange-listed entities, Ashish Chauhan, Managing Director and CEO of the National Stock Exchange (NSE), said on Sunday.
The domestic equity markets witnessed heavy selling pressure on Sunday as stocks fell sharply during Finance Minister Nirmala Sitharaman's Union Budget 2026 speech, with investors reacting strongly to a steep increase in Securities Transaction Tax (STT) on futures and options (F&O) tr
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.
Speaking to ANI, Krishnan said, "Market participants have expressed a view that they'd like to see some reduction in STT, which is seen as the major contributor to the cost of trading."
New Delhi [India], January 10: With the rise of zero brokerage trading accounts, cost transparency has become one of the most important factors for investors and traders. Zero brokerage accounts can significantly reduce traditional commission charges, which is helpful for many new users, esp
New Delhi [India], November 28: ST Telemedia Global Data Centres India (STT GDC India) has once again been certified as a Great Place to Work®, marking its sixth consecutive year on the list. In a significant endorsement of its workplace culture, the company also earned a coveted spot 4th ti
Mumbai (Maharashtra) [India], October 28: ST Telemedia Global Data Centres (India) (STT GDC India), a leading co-location data centre services provider in India, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, to develop world-class data centre campuses
Kolkata (West Bengal) / New Delhi [India], April 2: ST Telemedia Global Data Centres (India) (STT GDC India), a leading AI-ready data centre provider in India, is set to revolutionise the data centre landscape in Eastern India with the launch of its state-of-the-art facility in New Town, Kol
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
Navi Mumbai (Maharashtra) [India], January 29: Shubham EPC Pvt. Ltd. is proud to announce the start of construction work on their two landmark data centre projects, NMDC02 and NMDC03, for STT Global Data Centres India Pvt. Ltd. The ceremony held in Navi Mumbai Mahape on October 16, 2024, mar
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
The Telangana Government on Saturday signed a Memorandum of Understanding (MoU) with ST Telemedia Global Data Centres (STTDGC) India to establish a state-of-the-art data centre campus in Hyderabad's Meerkhanpet, the Chief Minister's Office said, taking to X.