Securities Transaction Tax

[abhishreshthaa]

Securities Transaction Tax


Transactions in equity shares, derivatives and units of equity-oriented funds entered in a recognized stock exchange attract Securities Transaction Tax at the following rate:-


• Delivery base transactions in equity shares or buyer and seller each units of an equity-oriented fund - 0.075%

• Sale of units of an equity-oriented fund to the seller mutual fund - 0.15%

• Non delivery base transactions in the above - 0.015%

• Derivatives (futures and options) seller - 0.01%

Sales Tax Acts of various State Governments and Central Sales Act governed the application of Sales Tax/VAT.

 

[jitendra05]

Securities Transaction Tax


Transactions in equity shares, derivatives and units of equity-oriented funds entered in a recognized stock exchange attract Securities Transaction Tax at the following rate:-


• Delivery base transactions in equity shares or buyer and seller each units of an equity-oriented fund - 0.075%

• Sale of units of an equity-oriented fund to the seller mutual fund - 0.15%

• Non delivery base transactions in the above - 0.015%

• Derivatives (futures and options) seller - 0.01%

Sales Tax Acts of various State Governments and Central Sales Act governed the application of Sales Tax/VAT.

Hey abhi, thanks for sharing this post regarding the information on securities transaction tax which will be helpful for many people. Well, securities transaction tax is a tax which you'll pay in India on the value of securities transacted by means of a acknowledged stock exchange.