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Sensex, Nifty fall for 3rd week on STT hike on derivatives, banking concerns
Sat, Mar 25, 2023     Source : Economic Times
Indian shares extended losses for the third consecutive week as investors turned cautious after the government hiked securities transaction tax (STT) on futures and options contracts, while lingering conce...
MUTUAL FUNDS NEWS
Cut STT on cash deals, hike it on derivatives: Budget wishlist
Wed, Nov 23, 2022     Source : Business Line
MF, AIFs seek fair tax treatment; NBFCs want SARFAESI threshold lowered
NEWS
Govt pegs STT collection at Rs 20,000-cr for FY23
Wed, Feb 02, 2022     Source : Economic Times
The government expects to collect Rs 20,000 crore from securities transaction tax (STT) in 2022-23, which is 60 per cent higher than the budget estimate of the preceding fiscal year.
NEWS
Securities transaction tax collection in Sept to exceed full year's target
Tue, Sep 21, 2021     Source : Business Standard
Collections already stand at Rs 12K crore, compared to Budget target of Rs 12.5K crore
NEWS
Securities tax mop-up at 70% of Budget target amid market rally
Mon, Aug 16, 2021     Source : Business Standard
The STT is a direct tax payable on the value of taxable securities transactions done through a stock exchange
NEWS
Over 90% jump in direct tax receipts in Q1, annual target may be surpassed
Mon, Jul 12, 2021     Source : Financial Express
The stock market rally has more than doubled the securities transaction tax (STT) collections to Rs 5,373 crore in Q1FY22 compared with Rs 2,568 crore collected in the year ago quarter.
MUTUAL FUNDS NEWS
‘Debt linked saving schemes and elimination of double STT, top expectations from Budget 2021’
Thu, Jan 28, 2021     Source : Economic Times
Investing in Mutual funds can make a significant contribution when it comes to the development of the Indian Economy.
NEWS
What do FPIs want from Union Budget 2021
Wed, Jan 27, 2021     Source : Economic Times
India’s economy is still reviving gradually from a Covid-induced crash and all eyes are now on Finance Minister Nirmala Sitharaman, who will present the Union Budget 2021 on February 1.
MUTUAL FUNDS NEWS
MF industry seeks LTCG easing in commodity, gold ETFs, scrapping of STT
Fri, Jan 17, 2020     Source : Business Standard
Wants holding period for computing long-term gains reduced to one year
NEWS
Stocks surge on buzz of next round of sops for markets
Wed, Oct 30, 2019     Source : Business Line
Govt looking at aligning LTCG, DDT, STT into one tax for easier compliance
123456
Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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