Securtiy Transaction Tax

Hi All

An insurance company needs to make huge investments regularly for its own business as well as the policyholders. Kindly confirm if it needs to track the STT paid on the purchase of shares from the secondary market from tax's perspective.

What is the STT rate on Equity?

Kindly revert asap. Its urgent.

Replies (1)

Hi richa,

It  is some where, 0.0255%.

I hope , Your query is resolved.

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