STT hiked on options (0.1%) & futures (0.02%) trades. Delivery equity rates unchanged (0.1%). Exercised options 0.125% on intrinsic value. https://www.taxtmi.com/highlights?id=79955 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. en-us Tue, 30 Jul 2024 21:44:44 +0530 Tue, 30 Jul 2024 21:44:44 +0530 TaxTMI RSS Generator STT hiked on options (0.1%) & futures (0.02%) trades. Delivery equity rates unchanged (0.1%). Exercised options 0.125% on intrinsic value. https://www.taxtmi.com/highlights?id=79955 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. Highlights Bill Tue, 30 Jul 2024 21:44:44 +0530 https://www.taxtmi.com/highlights?id=79955