Budget 2026 STT announcement: The Income Tax Department on Sunday clarified about the new STT rules on F&O announced by Finance Minister Nirmala Sitharaman in Budget 2026. Presenting her ninth consecutive Budget on Sunday, 1 February, FM Nirmala Sitharaman proposed to hike the Securities Transaction Tax (STT) on futures and options (F&O) trading. “I propose…
The proposal in the Union Budget 2026-2027 to increase the Securities Transaction Tax (STT) on futures and options (F&O) transactions rattled the Indian stock market investors, triggering a nearly 2% decline in the benchmark indices, Sensex and Nifty 50. In her Budget speech, Finance Minister Nirmala Sitharaman announced a sharp hike in STT – by…
A claim by a social media user about making quick profits using stock market insights from an AI chatbot has triggered debate online, with many questioning whether artificial intelligence can genuinely assist with trading decisions. In a post shared on “A few days ago, my brother took some stock suggestions from Grok,” Nandini wrote. “Based…
The latest data from SEBI suggests that retail investors are losing $12 billion a year in futures and options trading, said Saurabh Mukherjea, Founder of Marcellus Investment Managers. “Typically, the person losing this money is a 30–40-year-old male from small-town India, and the average such investor is losing about 1 lakh annually,” added Mukherjea. Those…
