24 October 2024
whats are taxes applicable on derivative such as F&O - Securities Transaction Taxes Currency - ? Commodities - Commodities transaction taxes. Please reply what are taxes applicable on Currency .
26 October 2024
Securities Transaction Tax (STT) Futures: 0.017% (0.017% of the transaction value) Options: 0.125% (0.125% of the premium value) Goods and Services Tax (GST) 18% GST on brokerage charges Income Tax Business income: Taxed as business profits ( slab rates apply) Other Taxes Stamp Duty: Varies by state (typically 0.015% to 0.05%) SEBI Turnover Fees: ₹1.77 per ₹1 crore turnover
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