The National Stock Exchange (NSE) on September 09, 2024, notified regarding the Changes in relation to rates of Securities Transaction Tax.
The Finance Act, 2024, which received the Presidential assent on August 16, 2024, has revised the rate of levy of STT with effect from October 01, 2024 as under:-
•Sale of an option in securities has been revised to 0.10% (upto September 30, 2024 – 0.0625%)
•Sale of a futures in securities has been revised to 0.02% (upto September 30, 2024 – 0.0125%).
Accordingly, STT on the transactions executed on the Exchange on or after October 1, 2024 shall be charged.
[Notification No. NSE/FATAX/63809]
