What is the Securities Transaction Tax (STT)?
STT is a tax levied by the government on every purchase and sale of securities listed on the stock exchanges.
STT varies for different products:
|Equity Delivery||0.1% on Buy & Sell-side|
|Equity Intraday||0.025% on Sell-side|
|Equity Futures||0.01% on Sell-side|
|Equity Option||0.05% on Sell-side (on premium)|
|Currency Futures||No STT|
|Currency Options||No STT|
|Commodity Futures||0.01% on sell side (Non-agri)|
|Commodity Options||0.05% on sell side|