WebOct 8, 2024 · The short term capital gain arising from the sale of shares or equity oriented mutual fund units, on which STT has been applied, would be taxed at the rate of 15%. Long term capital gains, of such similar transactions which have been subject to STT, would be taxed at the rate of 10%. WebMar 27, 2024 · In percentage terms, STT on sale of futures has been hiked from 0.01 per cent to 0.0125 per cent and in case of options it has been hiked from 0.05 per cent to 0.062 per cent. Traders in the futures segment will now have to pay STT of Rs 1,250 on Rs 1 crore of turnover against the earlier levy of Rs 1,000.
All about Securities Transaction Tax (STT) - Smart Paisa
WebSTT or Securities Transaction Tax, is a tax levied on securities trades (not on commodities or currency trades). Different STT rates are applicable for Equity (cash) and Futures and … WebApr 10, 2024 · Crypto Tax India Key Points: Profits from the sale, swap or spend of any crypto assets are taxed at a rate of 30% (plus surcharge as applicable and 4% cess). Profits are taxed under section 115BBH. Lower tax on long-term capital gains is not available. No deduction, except the cost of acquisition, is allowed. tate oxford
India Reports 10,753 Fresh Covid-19 Cases; Slight Decline In Rate …
WebSTT GDC India wins Frost & Sullivan Best Practices Company of the Year Award 2024. The prestigious research and advisory consultancy, Frost & Sullivan has awarded STT GDC India with the Best Practices Company of the Year award in the India data centre colocation services industry for the fourth time in a row. BLOG. WebMay 5, 2024 · STT i.e. Securities Transaction Tax is levied on the purchase and sale of securities listed on a recognized stock exchange in India. The STT Act has a list of securities on which STT is applicable. Such securities include equity, derivatives, and units of equity mutual fund. The STT rate is prescribed by the Government. WebMar 27, 2024 · In percentage terms, STT on sale of futures has been hiked from 0.01 per cent to 0.0125 per cent and in case of options it has been hiked from 0.05 per cent to … the cabin in the forest