Glossary · Indian market
STT (Securities Transaction Tax) STT (सिक्योरिटीज़ ट्रांज़ैक्शन टैक्स)
A tax charged by the government on securities transactions, varying by trade type.
हिंदी में: STT (सिक्योरिटीज़ ट्रांज़ैक्शन टैक्स)
प्रतिभूति लेनदेन पर सरकार द्वारा लगाया जाने वाला टैक्स, जो ट्रेड के प्रकार के अनुसार बदलता है।
How it is used in the lessons
STT (Securities Transaction Tax): a government tax on the transaction, with rates that depend on the type of trade.
Costs include brokerage, exchange transaction charges, SEBI fees, stamp duty on the buy side, STT, and GST on some charges.
From Intraday Trading
Verify the current rate; as of Budget 2024, it was 20% on listed equity sold after STT is paid (section 111A).
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Definitions are for education. They are not investment advice. Check official sources such as SEBI and NSE for current rules.