News & Media 24th Jul 2024
The 2024 budget has increased the securities transaction tax (STT) on Futures & Options (F&O) of securities to 0.02 percent and 0.1 percent respectively and income receipts from share buybacks would be taxed in the hands of beneficiaries.
To shed light on this issue, KC Jacob has been quoted in an article, “Budget 2024: Securities transaction tax (STT) on F&O hiked to 0.02% and 0.1%” written by Sneha Kulkarni from ET Wealth.
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