https://v2.webnotes.in/tags/capital-gains-tax-india/Recent content in Capital Gains Tax India on WebNotesHugoen-INTue, 12 May 2026 00:00:00 +0000https://v2.webnotes.in/securities-transaction-tax/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/securities-transaction-tax/<p><strong>Securities Transaction Tax</strong> (STT) is a tax levied in India on the purchase or sale of securities listed on a recognised stock exchange. It was introduced by Chapter VII of the Finance Act 2004 and came into force on 1 October 2004. STT is collected at source by the stock exchange or recognised intermediary and remitted to the central government on behalf of the transacting party. It is distinct from <a href="https://v2.webnotes.in/income-tax-india">income tax</a> and is payable irrespective of whether the transaction results in a profit or loss.</p>