Securities transaction tax on futures, options contracts: What's the controversy and why govt hiked tax? - Shahpur Turk CSC - Common Service Centre in Sonipat Securities transaction tax on futures, options contracts: What's the controversy and why govt hiked tax?

29 March 2023

Securities transaction tax on futures, options contracts: What's the controversy and why govt hiked tax?

In the Finance Bill 2023, passed by Lok Sabha on March 24, the government suggested raising the securities transaction tax on futures and options (F&O) contracts. The new development is expected to increase the trading costs in the derivatives segment as well as help in curbing excessive trades.

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