What is Securities Transaction Tax (STT)?

Name: What is Securities Transaction Tax (STT)?|Bajaj Finserv
Uploaded: 2024-12-18T10:54:25.000Z
Duration: 37 s
Channel: Bajaj Finserv
Description: STT is a tax levied on the purchase and sale of securities in India, applied to equity transactions in stock markets.

0 Views | 18 Dec, 2024

Securities Transaction Tax (STT) is charged on the sale and purchase of stocks, equity derivatives, and other securities in India. It ensures transparency in the securities market and helps generate revenue for the government. It’s calculated as a percentage of the transaction value.

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What is Securities Transaction Tax (STT)?

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