Search For "transaction tax"
Nifty down 1.5%, Sensex loses 1000 pts as Sitharaman hikes Securities Tran
Updated : 4 months ago IST
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
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Budget 2026: STT raised on F&O to discourage derivatives trading
Updated : 4 months 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 : 4 months, 1 week 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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IMF rejects Pakistan FBR's request to reduce transaction taxes for propert
Updated : 1 year, 2 months ago IST
The International Monetary Fund (IMF) has rejected Pakistan's Federal Board of Revenue's (FBR) request for reducing transaction taxes for the property sector for the time being.
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Budget 2025 Expectations: Market Expert Maya Sharan Singh on Securities Tr
Updated : 1 year, 4 months 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, 4 months 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, 4 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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Real estate leaders applaud capital gains tax amendment as a boost for sec
Updated : 1 year, 10 months ago IST
Real estate industry leaders hailed the proposed amendment by Finance Minister Nirmala Sitharaman in the Finance Bill to give big relief on capital gains tax in property transactions.
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Post-budget profit booking continues in the market; Sensex, Nifty close in
Updated : 1 year, 10 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, 4 months 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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ICRA analytics anticipates potential changes in interim budget FY2024-25
Updated : 2 years, 4 months ago IST
The demand for eliminating the Security Transaction Tax (STT) is gaining momentum, and its removal is expected to attract more investors to the domestic equity markets.
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STT collection hits all-time high; taxman rides on bullish stock market
Updated : 4 years, 10 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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