Need A Financial Product Forums Tax Savings What is Securities transaction Tax?

This topic contains 1 reply, has 2 voices, and was last updated by  Bhumika Kaul 3 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47352

    Bhumika Kaul

    What is Securities transaction Tax?


    Sneha Nayak

    There are lot of people who restrain from declaring their profit with intension of avoid paying capital gain tax, as government agencies can tax only those values and profits which are declared by an individual. To tackle this situation government introduced Securities transaction tax or STT which can be levied upon each and every transaction happening in the stock market. This means that if you buy or sell equity share, equity oriented mutual funds, derivative instrument than this tax is applicable. This tax is added to the price of securities in stock market at the time transaction only so it is difficult to avoid this tax, As the amount of this tax is very small people do not take notice of it.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.