Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
24 Feb 2017, 11:41 AM
Sure, the govt takes the STT.
But the STT is being charged on the wrong amount. STT needs to be charged on the settlement price. The settlement price in the above example is only Rs.2.75 as that is what the amount that is settled. But the STT is charged on 8602.75!