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NEWS
Net direct tax collections jump 16% by November 17; STT exceeds budget estimates
Thu, Dec 19, 2024     Source : Business Line
Advance tax payments grew by more than 20%, indicating robust income growth among individuals
NEWS
All eyes on Sebi norms as STT hike fails to deter F&O traders
Mon, Oct 14, 2024     Source : Financial Express
New guidelines to be implemented in phases from Nov 20.
NEWS
Markets continue to sulk about hike in STT and capital gains tax; Mid and small caps buck trend
Thu, Jul 25, 2024     Source : Financial Express
The major gainers in the Nifty 50 include HDFC Life Insurance, BPCL, tech Mahindra, NTPC, and Tata Motors.
NEWS
FM checkmates F&O surge with STT
Wed, Jul 24, 2024     Source : Financial Express
The segment’s fervor can be seen with the monthly turnover in the F&O segment reaching Rs 388.6 trillion in June 2024, compared to Rs 13.1 trillion in June 2019.
NEWS
Budget 2024: LTCG, STT withdrawal on D-Street’s wishlist for FM Sitharaman
Tue, Jul 23, 2024     Source : Economic Times
As the countdown to the Union Budget 2024 has begun, the Indian stock market participants would be keenly watching if the Finance Minister Nirmala Sitharaman listens to the industry's long standing demand ...
NEWS
Budget 2024: D-Street captains urge FM Sitharaman to hike STT charges on high frequency traders
Fri, Jun 21, 2024     Source : Economic Times
Representatives from India's capital markets have urged Finance Minister Nirmala Sitharaman to increase Securities Transaction Tax (STT) on high frequency traders.
NEWS
Sensex, Nifty fall for 3rd week on STT hike on derivatives, banking concerns
Sat, Mar 25, 2023     Source : Economic Times
Indian shares extended losses for the third consecutive week as investors turned cautious after the government hiked securities transaction tax (STT) on futures and options contracts, while lingering conce...
MUTUAL FUNDS NEWS
Cut STT on cash deals, hike it on derivatives: Budget wishlist
Wed, Nov 23, 2022     Source : Business Line
MF, AIFs seek fair tax treatment; NBFCs want SARFAESI threshold lowered
NEWS
Govt pegs STT collection at Rs 20,000-cr for FY23
Wed, Feb 02, 2022     Source : Economic Times
The government expects to collect Rs 20,000 crore from securities transaction tax (STT) in 2022-23, which is 60 per cent higher than the budget estimate of the preceding fiscal year.
NEWS
Securities transaction tax collection in Sept to exceed full year's target
Tue, Sep 21, 2021     Source : Business Standard
Collections already stand at Rs 12K crore, compared to Budget target of Rs 12.5K crore
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