Saturday 23 October 2021

What is STT in intraday share?

Intraday Brokerage - Securities Transaction Tax (STT):

The government of India levies Securities Transaction Tax on the trade of equities, according to the Security Contracts (Regulation) Act, 1956. Currently, a tax of 0.025% of the transaction value is applicable on the sell side of an equity intraday transaction.

Let your sale value is 450763 of a day
Then STT will be

450763*0.025%= 112. 69 = 113

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