NSE notified regarding Excess STT Retained

Mar 11, 2026 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Stock Exchange (NSE) on March 10, 2026, notified regarding the Excess STT Retained.

NSE has asked member brokers and sub-brokers to report details of excess Securities Transaction Tax (STT) collected but not remitted for FY 2023–24 and earlier years, following directions from the Income Tax Department of India. Members shall submit the details within 7 days and remit the excess STT along with 1% monthly interest to NSE, which will subsequently deposit the amount into the Government account.

[Notification no. - NSE/FATAX/73213]

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