The stock brokers’ association urges FM Sitharaman to withdraw the proposal for tax hike on securities transactions

A group of stockbrokers on Thursday called on Finance Minister Nirmal Sitharaman to withdraw the budget proposal to hike taxes on securities transactions. While presenting the Budget on February 1, Sitharaman announced the increases in STT (securities transaction tax), saying the move will “provide reasonable course correction” in the Futures and Options (F&O) segment and […]