Bharat Express DD Free Dish

Securities Transaction Tax

Sensex fell 252 points to 72,781.89 and Nifty dropped 99 points to 22,622.70 as pharma and healthcare stocks dragged markets lower.

Sensex closed 1,109 points higher and Nifty gained 1.6% as IT stocks rallied and investors tracked Sitharaman’s remarks on LTCG tax and STT.

Will Budget 2027 bring changes to LTCG tax and STT? Nirmala Sitharaman responds to investor concerns over market taxation.

India's direct tax collections grew 16.15% YoY to Rs 25.86 lakh crore in FY 2024-25 (as of March 16), per CBDT data.

The rise in STT collections follows the announcement made by Union Finance Minister Nirmala Sitharaman in the Budget 2024-25, which proposed to double the STT on F&O of securities, effective October 1, 2024.