STT hike after Budget 2026: What is Securities Transaction Tax & what does it mean for F&O traders and investors
Securities Transaction Tax (STT) on derivatives will rise from April 1, 2026, after the Finance minister Sithraman in her 9th budget speech proposed higher rates on futures and options trading as part of Budget 2026 changes to the Finance (No. 2) Act, 2004.Finance Minister Nirmala Sitharaman announced the move while presenting the Budget, saying: “I…