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- Securities_Transaction_Tax abstract "Securities Transaction Tax (STT) is a tax payable in India on the value of securities transacted through a recognized stock exchange. The tax is not applicable on off-market transactions or on commodity or currency transactions. The original tax rate was set at 0.125% for a delivery-based equity transaction and 0.025% on an intra-day transaction. The rate was set at 0.017% on all Futures and Options transactions. STT was originally introduced in 2004 by the then Finance Minister, P. Chidambaram. The government reduced this tax in the 2013 budget after a lot of protests for years by the brokers and the trading community. The revised STT for delivery-based equity trading is 0.1% on the turnover. For Futures, the tax has been reduced to 0.01% on the sell-side only. The rest of the tax structure remains as is.".
- Securities_Transaction_Tax wikiPageID "38833542".
- Securities_Transaction_Tax wikiPageRevisionID "567236712".
- Securities_Transaction_Tax hasPhotoCollection Securities_Transaction_Tax.
- Securities_Transaction_Tax subject Category:Capital_markets_of_India.
- Securities_Transaction_Tax subject Category:Stock_exchanges_in_India.
- Securities_Transaction_Tax subject Category:Taxation_in_India.
- Securities_Transaction_Tax comment "Securities Transaction Tax (STT) is a tax payable in India on the value of securities transacted through a recognized stock exchange. The tax is not applicable on off-market transactions or on commodity or currency transactions. The original tax rate was set at 0.125% for a delivery-based equity transaction and 0.025% on an intra-day transaction. The rate was set at 0.017% on all Futures and Options transactions. STT was originally introduced in 2004 by the then Finance Minister, P.".
- Securities_Transaction_Tax label "Securities Transaction Tax".
- Securities_Transaction_Tax sameAs m.0rpjlv1.
- Securities_Transaction_Tax sameAs Q16965794.
- Securities_Transaction_Tax sameAs Q16965794.
- Securities_Transaction_Tax wasDerivedFrom Securities_Transaction_Tax?oldid=567236712.
- Securities_Transaction_Tax isPrimaryTopicOf Securities_Transaction_Tax.