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...mp;O) in the Indian securities market, you may notice a charge called STT on your broker's contract note. STT stands for Securities Transaction Tax. It is a tax imposed on specified securities transactions in India. Unlike inco...

...ection 111A, including eligible listed equity shares where applicable STT conditions are satisfied, the tax rate changed from 15% to 20% for transfers taking place on or after 23 July 2024. Therefore, an older statement saying ...