STT
Securities Transaction Tax
TaxationA tax levied on every purchase and sale of securities (equity shares, derivatives, mutual funds) on recognized stock exchanges.
Formula
STT rates vary: 0.1% on delivery equity, 0.0125% on F&O
Why it matters
STT is deducted at source. It's in addition to capital gains tax but can't be claimed as expense.
Indian example
Related terms
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