#stt

Update: 2019 Budget, no more STT trap. STT on exercised options to be on intrinsic value from Sep 1st 2019. Check this.  Update: With effect from 31st August 2017, the exchanges have put in place a mechanism to address this anomaly. More details on this change here. Traders, Why do options trade at lesser than […]

Traders, We have received a lot of queries over the past few days on what the new rates of STT and CTT are and when are they applicable from. Firstly, STT (Securities Transaction Tax): This was first introduced in 2004 by the FM P. Chidambaram. This was the same year when the FM waived off […]