Budget and Markets: Will the FM spook the F&O party by hiking securities transaction tax?
Union Budget 2024: The government expects to collect Rs 27,625 crore from STT in FY24, which is 10.5 percent higher than the revised budget estimate for FY23. However, STT accounts for just about 1.5 percent of the direct tax collection estimate of Rs 18.24 lakh crore.
Source: moneycontrol.com