WebJun 13, 2024 · Securities Transaction Tax (STT) is a type of direct tax that is payable on the total value of securities and stock exchanges in India. Up to 2016, it constituted 0.1% of the delivery based equity trading. These taxes do not include the transactions that are made on a non recognized stock exchange. Also, commodity and currency transactions are ... WebMar 29, 2024 · The Securities Transaction Tax was proposed to be raised from 0.5% to 0.0625 on options and from 0.1% to 0.0125 on futures contracts in the Finance Bill 2024, which was passed by the Lok Sabha on Friday (24th March 2024). STT on sales of futures has increased from 0.01 percent to 0.0125 percent in percentage terms, and for sales of …
New STT and CTT rates – Z-Connect by Zerodha
WebIntraday and F&O trades Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades. Flat ₹20 on all option trades. Free direct MF All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges. Equity Currency Commodity WebSTT is applicable on all sell transactions for both futures and option contracts. For the purpose of STT, each futures trade is valued at the actual traded price and option trade is … tnc matric rewrite
What is STT - Securities Transaction Tax? – With Examples - Samco
WebDec 29, 2024 · STT is imposed on trading of shares and derivatives and in the year 2004. The prime objective of SST is to curb the speculation and volatility across the world but in India the fundamental... WebMay 14, 2024 · Securities tax is levied at the rate of 0,25%. Who is it for? Securities transfer tax applies to the purchase and transfers of listed and unlisted securities. When listed securities are bought or transferred through or from a member or participant, the member or participant is liable for the tax. WebNot only that, the STT is charged on the notional value of the contract (not at the option value) and is charged at the delivery rate of 0.125%. Therefore, on the expiry date if your … tncm approach runway 10