Securities Transaction Tax

Zerodha Bracing For Big Revenue Hit Later This Year: CEO Nithin Kamath

Zerodha's total current assets under custody, which include all assets held in its demat accounts, amount to Rs 5.66 lakh crore.

Sep 25, 2024, 08:16 AM IST

Union Budget 2022: All you need to know about the budget speech, official time, duration & more

Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2022-23 soon. This will be fourth time that Ms Sitharaman will present the budget. Here's all you need to know about the Union Budget speech including its official time, date and duration.

Jan 28, 2022, 18:50 PM IST

IPOs, bonus issue, share gifts exempted from capital gains tax

The government has exempted genuine equity investments through IPOs, bonus or rights issues by a listed company from long-term capital gains tax even if no securities transaction tax (STT) was paid on the transfers.

Jun 06, 2017, 16:46 PM IST

PM Modi warns dishonest of ruin after Dec 30, promises more difficult reforms

Prime Minister today warned of ruin for the dishonest after the expiry of December 30 deadline for depositing scrapped currency and said they should not underestimate the mood of the country against corruption.

Dec 24, 2016, 17:41 PM IST

BSE seeks clarity on tax on convertible securities

Top bourse BSE has asked the government to provide clarity on whether securities transaction tax (STT) is applicable on convertible securities like preference shares and warrants.

Feb 10, 2016, 18:18 PM IST

BSE asks brokers to remit excess STT to government

Leading bourse BSE on Thursday asked its stock brokers to furnish details of excess securities transaction tax (STT) collected by them during 2013-14 and earlier as well as remit the amount to the government.  

Dec 24, 2015, 18:10 PM IST

Securities trading tax structure biased towards speculative derivative trade: BSE

 To check tax evasion and attract more retail investors to stock markets, top exchange BSE has proposed that the Securities Transaction Tax (STT) should be substituted by Long Term Capital Gains Tax (LTCG) on equities.

Oct 25, 2015, 12:05 PM IST

Direct tax collections up 13% in 9 months of FY'15

The direct tax collection during the first nine months of the current fiscal increased by 12.93 percent to Rs 5.46 lakh crore over the same period a year ago.

Jan 23, 2015, 18:50 PM IST

Rationalise taxation to boost investment culture: BSE CEO

The maximum STT is for delivery-based transactions that are investment transactions.

Jan 19, 2015, 20:13 PM IST

Net direct tax collection at Rs 2.60 lakh crore

Net direct tax collection so far in the current fiscal stood at Rs 2.60 lakh crore, said a senior finance ministry official.

Sep 28, 2014, 18:13 PM IST

BSE seeks reduction in securities transaction tax

To attract more investors into the stock market, leading bourse BSE has pitched for reduction in securities transaction tax and rationalise the taxation norms for different financial products -- a demand also made by SEBI and other market entities.

Jun 11, 2014, 19:03 PM IST