Cryptocurrency Q&A
What is the revised STT rate?
What is the revised STT rate?
EchoWhisper
Sun Aug 11 2024
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6 answers
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I don't understand this question. Could you please assist me in answering it?
6 answers
CryptoAlchemyMaster
Mon Aug 12 2024
However, for equity intraday trades, the STT rate is lower, at 0.025%, but only applies to the seller.
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emma_grayson_journalist
Mon Aug 12 2024
India has recently made adjustments to its Securities Transaction Tax (STT) on options contracts.
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CoinMaster
Mon Aug 12 2024
These changes reflect the Indian government's ongoing efforts to regulate and tax the country's financial markets.
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CherryBlossomFall
Mon Aug 12 2024
Specifically, the STT on options contracts has been increased from 0.05% to 0.0625%.
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NebulaSoul
Mon Aug 12 2024
This hike in STT rates became effective as of April 1st of this year.
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