SecuritiesTransactionTax

A Tax on Trading: The Rising Burden of India’s Securities Transaction Tax

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A Tax on Trading: The Rising Burden of India’s Securities Transaction Tax

A Tax on Your Gains, Even Before You Make Them: The Burden of STT The Securities Transaction Tax (STT) has become a silent but significant burden on Indian investors, eating into potential profits before they are even realized. When it was introduced in 2004, STT was meant to replace the Long-Term Capital Gains (LTCG) tax. … Read more

Direct Tax Net Collections Decline 3.95%: A Detailed Analysis

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Direct Tax Net Collections Decline 3.95%: A Detailed Analysis

Direct tax collections have seen a dip in the current fiscal year, primarily due to a significant increase in tax refunds. Here’s a breakdown of the key figures as of August 11: Direct Tax Collections in Review Collection Breakdown The total collections were split between: Looking Ahead: Government Projections Despite the current decline, the government … Read more