Rajya Sabha MP Raghav Chadha has demanded that the government abolish the Long-Term Capital Gains Tax (LTCG) on equities for individual investors. The demand comes after the Finance Minister Nirmala Sitharaman announced an increase in Securities Transaction Tax (STT) on derivatives trading in the Union Budget 2026-2027. Speaking during the Budget discussion in the upper…
STT on Futures and Options Trading: Governments impose heavy taxes on cigarettes, so that people smoke less, and those who do, get revenue for the government… highlights In India, governments have been directing the behavior patterns of the society through taxes for a long time. Cigarettes are a big example of this. Despite being harmful…
Finance Minister Nirmala Sitharaman, in her Budget 2026 speech, proposed to increase Security Transaction Tax (STT) on Futures & Options (F&O) transactions. FM Sitharaman proposed to raise the STT by 150% on futures to 0.05% from 0.02% and by 50% on options transactions to 0.15% from 0.01% earlier. “To provide reasonable course correction in F&O…
