Tag: Securities Transaction Tax
Abolish LTCG, rationalise STCG, STT rates on equities: PHDCCI to Finance Ministry
New Delhi: Industry chamber PHDCCI has written to the income tax department recommending abolition of Long Term Capital Gains tax and rationalisation of STCG and…
Govt seeks investor and expert views on LTCG and STT as it reviews capital market levies amid FPI exodus
New Delhi: The government has sought the views of investors, market functionaries and tax experts on long-term capital gains (LTCG) tax and securities transaction tax…
India’s net direct tax collections rise 13.21% to Rs 13.38 lakh crore till October 14 of FY27
India’s net direct tax collections rose 13.21% year-on-year to Rs 13.38 lakh crore as of October 14 of financial year 2026-27, according to data released…
Debate on LTCG, securities tax ‘healthy’, says Finance Minister Nirmala Sitharaman
Finance minister Nirmala Sitharaman on Tuesday acknowledged the debate over long-term capital gains (LTCG) tax and securities transaction tax (STT), as well as the rupee’s…
FM Sitharaman ready to hear out stock market tax debate
New Delhi: Finance minister Nirmala Sitharaman on Tuesday said she will be “keenly hearing” the ongoing debate on stock investment taxes, long-term capital gains (LTCG)…
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1
New Delhi: The new income tax law and other budgetary provisions, including higher Securities Transaction Tax (STT) on F&O trade and lower TCS on overseas…
Budget 2026: Tax reforms mark shift to trust-based regime, says CBDT chief
NEW DELHI: The direct tax reforms announced in the budget are aimed at preparing the ground for a new trust-based tax regime with new Income…
Priority is growth; demand seen keeping up pace, says Nirmala Sitharaman after Budget 2026
New Delhi: Finance minister Nirmala Sitharaman said she’s confident of consumption momentum being sustained in the coming months and that the trajectory of the fiscal…
STT hike on F&O trading – What that means for your ₹10 lakh| Business News
The Union Budget 2026 has proposed a hike in Securities Transaction Tax (STT) to deter participation of newbie investors from F&O trading — a risky…
Net direct tax mopup rises 8.8% till January 11
New Delhi: India’s net direct tax collection increased 8.82% year-on-year to ₹18.38 lakh crore in this financial year till January 11, showed official data released…