Securities Transaction Tax (STT)
STT is a direct tax levied on the purchase and sale of securities listed on a recognised stock exchange in India. Introduced via the Finance (No. 2) Act, 2004, it replaced the earlier capital gains tax regime on short-term listed securities and is collected at source by stock exchanges on behalf of the government. STT revenue is highly sensitive to volumes and valuations in equity markets.
- Administered by CBDT under the Finance (No. 2) Act, 2004
- Applicable to equity shares, derivatives (futures and options), equity mutual fund units, and bonds
- STT collection for FY27 (up to June 17, 2026): ₹18,856 crore — up ~45% from ₹13,013 crore in the comparable period of FY26
- High STT growth signals elevated stock market trading volumes and investor activity
● Tracked since February 01, 2026 · last seen June 18, 2026 · updates as the daily brief publishes
See it in today’s brief.
Daily current affairs with every static concept explained in place.
Read the daily brief