Looking to gift or invest in gold this festive season? Beware of the tax implications

Gold stands as a preeminent symbol within Indian culture, held in high esteem for its exquisite…

How trading costs are split across govt taxes, brokerage?

Trading activity has once again picked up on the stock exchanges. The number of new demat…

Net direct tax growth to slow to 15% for 2022-23

Net personal income tax collections were growing at a faster pace of 20.7% compared to corporate…

Govt hikes securities transaction tax on futures, options contracts

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha on March 24, 2023. Photo: Parliament…

Market boom in 2021, now visible in STT receipts

Bangalore : India’s securities transaction tax (STT) collection has touched 96 per cent of this fiscal’s…

New ULIP Taxation Rules Notified

New Delhi: The government has amended Income Tax and Securities Transaction Tax rules for taxation of…

STT paid at the time of sale of shares deducts tax

If securities transaction tax (STT) was paid when the shares were bought, but when they were…