Securities Transaction Tax (STT)
The Finance Bill 2023 has made amendments to increase the STT on sale of futures and options contracts by 25%. The existing and revised charges computed in Rs. per crore are tabulated as below. This will be made effective April 1, 2023.
| Segment | Earlier | Revised | Remarks |
|---|---|---|---|
| Equity Futures | ₹1,000 | ₹1,250 | Computed on traded value on SELL side |
| Equity Options | ₹5,000 | ₹6,250 | Computed on premium value on SELL side |
Exchange Transaction Charges - NSE
In addition to this, the NSE has also revised its Transaction Charges effective from 1 April 2023. The existing and revised charges computed in Rs. per crore are tabulated as below:
| Segment | Earlier | Revised | Remarks |
|---|---|---|---|
| Equity Cash | ₹345 | ₹325 | Computed on traded value |
| Equity Futures | ₹200 | ₹190 | Computed on traded value |
| Equity Options | ₹5300 | ₹5000 | Computed on premium value |
Investor Protection Fund Trust (IPFT) Charges - NSE
Additionally, in order to methodically increase the NSE IPFT corpus, a decision has been made to adjust the contribution made to NSE IPFT effective from 1 April 2023. This will be reflected in your contract note. The existing and revised charges computed in Rs. per crore are tabulated as below:
| Segment | Earlier | Revised | Remarks |
|---|---|---|---|
| Equity Cash | ₹0.01 | ₹10 | Computed on traded value |
| Equity Futures | ₹0.01 | ₹10 | Computed on traded value |
| Equity Options | ₹0.01 | ₹50 | Computed on premium value |
| Currency Futures | ₹5 | ₹5 | Computed on traded value |
| Currency Options | ₹200 | ₹200 | Computed on premium value |
– Shrimohan
Product Operations @ Dhan