Stt

Non-corporate tax, which includes individuals and HUFs, mop-up so far this fiscal stood at about Rs 6.55 lakh crore, up from over Rs 5.93 lakh crore in the same period of the last year

Flat STT mop-up raises doubts over ambitious Rs 78,000-crore target, say experts

The STT collections this year, so far, are approximately Rs 26,300 crore, similar to previous year’s collections around the same time.

STT to stay as it helps track big-ticket spending, says FM Nirmala Sitharaman

STT was introduced in the 2004 Budget by then-Finance Minister P. Chidambaram with an aim to combat evasion related to capital gains.

MC Market Poll: Tax hikes will not have any major impact, say experts

Nearly 65 percent of the respondents have no plans to revise their Sensex or Nifty targets, post Budget

Cannot become Viksit Bharat without taxing capital gains appropriately: Fin Secy Somanathan

In what may be indicative of the government's stance on the capital gains tax regime going ahead, Somanathan said, "earners of capital gains are not poor and we will keep taxing them at a decent rate."

Capital-gains tax divides market, STT hike on F&O trades unlikely to deter retail traders

Market participants see LTCG/STCG hike as a body blow or the right move, believe STT increase won't deter retail traders

Market insiders expect STT hike in Budget 2024, expect HFTs to be hit hard

The capital markets regulator and the Economic Survey have raised concerns about the speculative nature of derivatives trading

Should traders be worried about the securities transaction tax in Union Budget 2024?

Budget 2024-25: Market participants are expecting a raise and for it to affect high-frequency traders the most

Budget 2024: FM urged to hike STT on HFT F&O trades to shield retail investors

Asset managers urge the FM to hike STT on high-frequency F&O trades over Rs 1,000 crore to protect retail investors from excessive speculation and losses

Samir Arora Vs Rajeev Mantri: Should policy support favour primary-market PE funds or to secondary-market FIIs?

Arora argued for easier capital-gains tax regime for foreign investors, even doing away with it entirely for both foreign and domestic investors, while Mantri called that ask "narrow and self-serving".

Relief for F&O traders, STT kept unchanged in the Interim Budget

With the sudden rise in F&O volumes, market participants had been worried that a tax hike to slow down the pace would be introduced

Budget Snapshot: STT collection overshoots estimates

Initially introduced for a short-term period, the STT has become a permanent fixture in the government's income statement

Investor participation fuels surge in cash volumes as Indian markets rally

However, at least one analyst suggested there could be a moderation in cash volumes in the future.

STT hike on options trading to pinch small traders more than sellers: 5paisa CEO

However, the NSE rolling back the 6 percent hike in transaction charges will provide some respite, as otherwise it would’ve been a double whammy, feels Prakarsh Gagdani, CEO, 5paisa.com

Analysts divided over impact of hike in STT on F&O volumes

While some say the profit margin will decrease and lead to fewer participants, others argue that previous tax increases had little lasting effect.

Short Call: Debt knell for AMCs? Bharat Electronics, copper prices, crude options

Industry officials are expecting a deluge into debt funds this week as wealthy investors try to beat the March 31 deadline to take advantage of the tax and indexation benefits

HFTs, arbitrage firms to face brunt of STT hike, retail traders likely to retreat

Finance minister Nirmala Sitharaman’s 25 percent hike in Securities Transaction Tax by hike on selling futures and options caught everyone by surprise. In the F&O segment, the number of retail investors touched 3.2 million in January 2023, a number that could now fall

Moneycontrol Selects: Top stories this evening

Our specially curated package of the most interesting articles to help you stay at the top of your game.

Finance Bill amendments: A story in memes

The Finance Bill, which contains proposals related to taxation and government spending, was passed with several amendments on March 24.

Budget 2023: STT collection estimate for FY24 raised 10% to Rs 27,625 crore

Introduced in 2004, STT is levied on transactions in different types of securities.

Retail investors eye Budget 2021 with lot of hope: 3 expectations from the Finance Minister

With an economy that is gradually reviving from a COVID-induced slump, all eyes will be on the Finance Minister, Nirmala Sitharaman, who will present the Union Budget on February 1.

Explained: How securities transaction tax impacts your investments

Though the quantum of the tax is small, it leads to higher transaction costs and eats into the profits of investors

Budget 2020: A good opportunity squandered

A lot more could have been done to bring back the confidence and flows to the Indian economy.

Budget 2020: Will the government finally bite the bullet on STT?

Many market experts are of the view that the STT may be reduced but not removed completely in this Budget as the reimposition of it will be tough.

Stocks want to fly higher. Budget 2020 can just lend a hand

A long-standing demand from the stakeholders is either a reduction or elimination of STT (Securities Transaction Tax) and CTT (Commodities Transaction Tax)