Securities Transaction Tax (STT) rates revised - on sale of options in securities increased from 0.0625%...

Securities Transaction Tax (STT) rates revised - on sale of options in securities increased from 0.0625% to 0.1% of option premium, on sale of futures in securities increased from 0.0125% to 0.02% of traded price. Rates for delivery trades in equity shares unchanged at 0.1% on purchase and sale. For exercised options, purchaser pays 0.125% of intrinsic price. Amendments effective 1st October 2024 due to exponential growth of derivative markets. .....

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