STT increase in Budget 2026: What is STT in stock market and how it affects traders, FPIs?
In a blow to the futures and options (F&O) traders in the Indian stock market, Finance Minister Nirmala Sitharaman on Sunday announced a hike in Security Transaction Tax (STT) on Futures & Options (F&O) transactions. In her Budget 2026 speech, Sitharaman proposed to increase STT by a massive 150% on futures transactions and by 50%…