STT

The Hidden Cost of Selling Gifted Shares: Why You Might Lose a ₹1.25 Lakh Exemption

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The Hidden Cost of Selling Gifted Shares: Why You Might Lose a ₹1.25 Lakh Exemption

Why a Taxpayer Will Not Get the ₹1.25 Lakh Exemption on Selling Gifted Shares A common query among taxpayers involves the sale of gifted shares and the eligibility for capital gains tax benefits. While it’s often assumed that the ₹1.25 lakh exemption on long-term capital gains (LTCG) under Section 112A is straightforward, a critical condition … Read more

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