Statutory and Exchange
What are the STT charges in contract notes?
Sr No. Taxable securities transaction Rate w.e.f October 1, 2024 1 Purchase of an equity share in a company or a unit of a business trust, where – (a) the transaction of such purchase is entered into in a recognized stock exchange; and (b) the ...
Is securities transaction tax (STT) levied on ETFs?
Some ETFs enjoy a special status—they're exempt from STT. This means you don't pay this tax when buying or selling them. These include: o Gold ETFs: Invest in gold without owning physical gold. o Liquid/Gilt ETFs: Similar to high-quality, low-risk ...
Why is GST being levied on SEBI charges?
Every time you buy or sell stocks, a small percentage of the transaction value goes to SEBI. This money helps SEBI do its job better, like paying for technology to watch the market closely. These charges have been around since January 1, 2007. SEBI ...