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STT REDUCTION
If I were FM: Alok Agarwal highlights 5 changes for Budget 2023One of the best ways to accomplish the stiff target is to give tax breaks till 2030 for companies helping in achieving this goal. To avoid ...20 Jan, 2023, 01.14 PM IST- LTCG tax: D-Street’s wishlist for Budget 2023; how will markets react?When short-term capital gains tax was 15% and LTCG nil, the difference between the two taxes acted as an incentive for investors to be long...20 Jan, 2023, 10.32 AM IST
- Brokers’ body bats for higher limits on LTCG, dividendsIndia’s stock brokers have sought higher rebate ceilings for long-term capital gains taxes (LTCG) and an exemption of individual dividend t...06 Jan, 2021, 02.09 PM IST
- Budget 2013: Reduction in STT on ETFs of mutual funds to cut cost, increase volumesThe Security Transaction Tax, on mutual fund redemption of Exchange Traded Fund scheme has been reduced to Re 1 from Rs 250 per lakh.28 Feb, 2013, 02.13 PM IST
- STT reduction will be positive for stock markets: Girish Vanwari, KPMGSteps giving suppot to equity have been taken prior to the budget. GAAR deferment has supported investments into the country, says Girish V...20 Feb, 2013, 04.14 PM IST
- Securities transaction tax mop-up down by 15%Securities transaction tax collections by the govt fell 15% b/w Apr & Aug 15 compared with the same period a year ago.20 Aug, 2012, 06.58 AM IST
- Decline in STT collection continues, down 15% till JulyThe Securities Transaction Tax collection so far this fiscal stands at Rs 1,346 crore against Rs 1,550 crore a year ago.14 Jul, 2012, 04.56 AM IST
- Securities Transaction Tax collections dip over 14% in April-MayThe government's collection from the STT, has dipped over 14% in the first two months of this fiscal, reflecting a negative market sentimen...14 Jun, 2012, 07.08 AM IST
- Union Budget 2012-13: Mutual fund industry welcome STT cutThe Rs 6.75-trillion mutual fund industry lauded the STT cut in Budget 2012 as they believe the move will provide a fillip to the strugglin...16 Mar, 2012, 09.34 PM IST
- Budget 2012: STT reductiion below market expectationsIn his budget, Pranab announced a relaxation in the STT rates from the existing 0.125% on delivery-based turnover in the cash segment, to 0...16 Mar, 2012, 02.23 PM IST
- Efforts on to rationalise STT, decision likely in next budgetEfforts are on to rationalise the Securities Transaction Tax (STT), a tax levied on sale and purchase of equity.17 Oct, 2011, 09.07 PM IST
- Finance ministry's capital markets division may propose to abolish securities transaction tax; to cost govt Rs 7,500 crore a yearA senior official in the capital markets division said this proposal along with other measures such as reducing stamp duty is being discuss...27 Sep, 2011, 02.16 AM IST
- Reduction in STT will only benefit punters, not ordinary investorsWhat comes as startling fact is the amount of attention being paid to the idea that Securities Transaction Tax, or STT, is a sort of a flip...21 Jun, 2010, 12.30 AM IST
- STT mop-up jumps 35% to Rs 7,103 crIn line with the upbeat mood in the stock market, collection of Securities Transaction Tax (STT), a tax levied on every transaction on the ...16 Mar, 2010, 04.44 AM IST
- STT mopup rises 11% to Rs 3,530 cr on bullish marketBuoyed by a resurgence in the stock market, collection of security transaction tax (STT), a tax levied on every transaction on stock exchan...28 Sep, 2009, 02.43 AM IST
- STT mop-up marginally higher in Apr-SeptRising market has led to an increased collection of the Securities Transaction Tax (STT), a tax imposed on every transaction on India’s cap...12 Sep, 2009, 01.30 AM IST
- Finmin may not scrap STT just yet"At a time when govt revenues are under pressure, there is reluctance to do away with what can be an important revenue source," govt source...12 Jun, 2009, 08.00 AM IST
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