STT ..?

 Hello,

I just wanted to know that what is the current rate of STT(Securities Transaction Tax) levied on trading transactions ?

& on which amount it is levied,on Turnover amount or on Brokerage ?

& is there any other tax levied on the transactions ?

Thanks..& waiting for a response..

 

Replies (3)

Here is a chart of STT rates & their applicability -

Product
Transaction
STT rate
Charged on
Equity-Delivery
Purchase
0.125%
Turnover
Sell
0.125%
Turnover
Equity-Intraday
Purchase
-
-
Sell
0.025%
Turnover
Future
Purchase
-
 
Sell
0.017%
Turnover
Option
Purchase
0.125%
Settlement price, on exercise
Sell
0.017%
Premium

 

 

Besides STT you may have to pay Transaction charges, SEBI Turnover charges or stamp duty etc.

 

That was quick.....Thanks Mohit..[:)]

Are You Aware of the Taxation Rule for NRIs?

Introduction

Gauging and planning funds in one country is a trouble; having to do in two different nations can be flummoxing. This happens with NRIs! When it comes to registering taxes, NRIs find themselves incapacitated as the Income Tax (IT) rules are different for different countries; one that is valid in India is invalid in other countries.

 

https://www.holisticinvestment.in/NRI-Taxation-Rules

 

Regards

Ramalingam K, MBA, CFP,

Director and Chief Financial Planner,

Holistic Investment Planners

“Best Performing Financial Advisor Award” Winners from CNBC TV18

www.holisticinvestment.in

(Follow us on):-

https://www.facebook.com/holisticinvestmentplanners

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