BUDGET 2014 - 15: Securities Transaction Tax on Share and MF

Securities Transaction Tax (STT) on on Share and Mutual Fund..

* *  STT is levied on the value of taxable securities transactions as follows:

Transaction	Rate	Payable by
Purchase / Sale of equity shares (delivery based)	0.10%	Purchaser / Seller
Purchase of units of equity oriented mutual fund - MF (delivery based)	Nil	Purchaser
Sale of units of equity-oriented MF (delivery based)	0.00 %	Seller
Sale of equity shares, units of equity-oriented MF (non-delivery based)	0.03 %	Seller
Sale of an option in securities	0.02 %	Seller
Sale of an option in securities, where option is exercised	0.13 %	Purchaser
Sale of a futures in securities	0.01 %	Seller
Sale of unit of equity oriented fund to the MF	0.00 %	Seller

• With effect from 2014, October 1  , Listed units of business trusts traded on recognised stock exchange would attract levy of STT.

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