www.CAnaresh.com - Chartered Accountants, Mumbai.

022-23878321 contact@canaresh.com

Rates of Securities Transaction Tax (STT)

Sr. No. Taxable Securities Transactions w.e.f. 1-6-06 Payable by
1 Purchase of an equity share in a company or a unit of an equity oriented fund, where –
a) the transaction of such purchase is entered into in a recognized stock exchange; and
b) the contract for the purchase of such share or unit is settled by the actual delivery or transfer of such share or unit.
0.125% Purchaser
2 Sale of an equity share in a company or a unit of an equity oriented fund, where –
a) the transaction of such purchase is entered into in a recognized stock exchange; and 
b) the contract for the purchase of such share or unit is settled by the actual delivery or transfer of such share or unit.
0.125% Seller
3 Sale of an equity share in a company or a unit of an equity oriented fund, where –
a) the transaction of such purchase is entered into in a recognized stock exchange; and
b) the contract for the purchase of such share or unit is settled otherwise than by the actual delivery or transfer of such share or unit.
0.025% Seller
4* Sale of a derivative, where the transaction of such sale is entered into in a recognized stock exchange. 0.017% Seller
5 Sale of a unit of an equity oriented fund to the Mutual Fund. 0.25% Seller

*Note: W.e.f 1st June, 2008 Serial No. 4 and the entries against Sr. No. 4 shall be substituted as follows:

Sr. No. Taxable Securities Transactions Rate Payable by
4 (a) Sale of an option 
(b) Sale of an option in securities where option is exercised 
(c) Sale of a futures in securities 
0.017% on option premium
0.125% on the settlement price

0.017%
Seller
Purchaser

Seller

RATES OF COMMODITIES TRANSACTION TAX (CTT)

Sr. No. Taxable Securities Transactions Rate Payable by
1 Sale of an option in goods or an option in commodity derivative 0.017% on option premium Seller
2 Sale of an option in securities where option is exercised 0.125% on the settlement price of the option Purchaser
3 Sale of a futures in securities 0.017% of the price at which the commodity derivative is sold Seller

Back Up Next