Government hikes securities transaction tax on futures, options contracts

Government hikes securities transaction tax on futures, options contracts

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget Session of Parliament, in New Delhi, on March 24, 2023. | Photo Credit: PTI The Government is raising the Securities Transaction Tax (STT) on futures and options contracts in the stock market from April 1, 2023, a move that experts fear may […]

Continue Reading
Government hikes securities transaction tax on futures, options contracts

Government hikes securities transaction tax on futures, options contracts

Union Finance Minister Nirmala Sitharaman speaks in Lok Sabha on March 24, 2023. Photo: Sansad TV via ANI The Government has raised the Securities Transaction Tax (STT) on futures and options contracts in the stock market by 25% from April 1, 2023, a move that may push some traders to offshore markets and dent trading […]

Continue Reading