Financial Year 2013-14: Securities Transaction Tax (STT)


STT - Securities Transaction Tax  - is levied on the value of taxable securities transactions as under.

                                                                             
Transaction
Rates
Payable By
Purchase/ Sale of equity shares


Purchaser/
Seller

Purchase of units of equity oriented mutual
fund (delivery based) @@

Nil
Purchaser
Sale of units of equity oriented mutual fund
(delivery based) @@

0.001 %
Seller
Sale of equity shares, units of equity oriented mutual fund (non-delivery based)

0.025 %

Seller
Sale of an option in securities
0.017 %

Seller
Sale of an option in securities,
where option is exercised

0.125 %

Purchaser
Sale of a futures in securities@@
0.010 %

Seller
Sale of unit of an equity oriented fund to the
Mutual Fund@@

0.001 %
               Seller



@@ effective 1 June 2013
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1 comment:

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