Stt Collections

Finance Bill 2023: Govt to scrap LTCG tax benefits on debt mutual funds

STT raised as Finance Bill passes without discussion

Finance ministry issues clarification over STT hike on selling options

The finance ministry clarified on Friday that the securities transaction tax (STT) on selling options has been raised to 0.062 per cent from 0.05 per cent and not from 0.017 per cent to 0.021 per cent

Finance Bill: Centre hikes STT on futures and options trading by up to 25%

STT was introduced in 2004 and is levied on transactions involving different types of securities through the stock exchange route

STT hike to GST appellate tribunal: Key takeaways from Finance Bill 2023

Finance Bill 2023: Debt funds with less than or equal to 35 per cent invested in equity shares will be taxed at the investors' income tax slab and treated as short-term capital gains

Budget wish list: Brokers body wants STT rebate, Rs 1 lakh STCG exemption

Also seeks relaxations in set-off provisions for carry forward business loss

Direct tax collections may exceed budget targets, CBDT chief says

Gupta added that if the trend continues, direct tax collections for FY23 could exceed the budget target of Rs 14.20 trillion

Budget 2022: Centre boosts STT target as mop-up beats expectation

Securities transaction tax (STT), which is levied on purchase and sale of equity shares and their derivative contracts, has emerged as a healthy source of income for the government

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