Search result for 'stt'

Sensex, Nifty Down on Budget Day: STT Hike Impacts

July 23, 2024 16:17

Indian stock markets closed lower on Tuesday as the Budget proposed a hike in securities transaction tax on futures and options, impacting sentiment.

Modi 3.0 Budget: Tax Relief, Job Scheme & More

July 23, 2024 15:07

India's Finance Minister Nirmala Sitharaman unveiled Modi 3.0 government's first budget, focusing on tax relief for middle class, a Rs 2 lakh crore job creation scheme, and infrastructure spending.

NSE CEO: Budget's STT, STCG Changes Minor, No Market Impact

July 23, 2024 14:41

NSE CEO Ashish Chauhan says the Budget's changes to securities transaction tax and short-term capital gains tax are minor and won't significantly impact markets. He expects the focus to...

Gold Futures Plunge 5% After STT Hike

July 23, 2024 13:35

Gold prices tumbled 5% in futures trading after India hiked the securities transaction tax (STT) on futures and options, discouraging retail investor participation.

STT Hike on F&O: Discouraging Retail Participation

July 23, 2024 13:12

India's Finance Minister proposes to increase STT on F&O trades to curb retail investor participation due to high risk and potential losses. The move follows concerns about speculative trading and...

Sensex, Nifty Plunge After STT Hike on F''O'''

July 23, 2024 12:59

Sensex and Nifty tumbled after Finance Minister Nirmala Sitharaman announced a hike in Securities Transaction Tax (STT) on Futures and Options (F''O) securities in the Union Budget 2024-25.

Capital Gains Exemption Hike: FM Announces Rs 1.25 Lakh Limit

July 23, 2024 12:47

Finance Minister Nirmala Sitharaman proposes raising the capital gains exemption limit to Rs 1.25 lakh per year for certain financial assets, impacting middle and upper middle class. Read more...

Direct Tax Collection Rises 20% to Rs 5.74 Lakh Cr | India News

July 13, 2024 11:10

India's net direct tax collection surged 19.54% to over Rs 5.74 lakh crore in FY25, driven by a significant increase in advance tax payments by corporates. Learn more about the tax collection...

NSE Q4 Profit Surges 20% to Rs 2,488 Cr

May 3, 2024 22:09

National Stock Exchange (NSE) reported a 20% year-on-year increase in net profit for Q4 FY24, reaching Rs 2,488 crore. Operating revenues also surged 34% YoY.

India's Direct Tax Collection Surges 18% in FY24

April 21, 2024 14:06

India's net direct tax collections jumped 18% to Rs 19.58 lakh crore in FY24, exceeding revised estimates. Corporate and income taxes contributed significantly to the growth.

India's Direct Tax Collections Surge 18% to Rs 19.58 Lakh Crore in FY24

April 21, 2024 12:35

India's direct tax collections in FY24 exceeded revised estimates by a wide margin, reaching Rs 19.58 lakh crore, fueled by economic buoyancy and rising incomes.

NSE Q3 Profit Rises 8% to Rs 1,975 cr - Business News

February 10, 2024 19:10

National Stock Exchange (NSE) reported an 8% rise in net profit to Rs 1,975 crore for the quarter ending December 2023, driven by strong trading volumes and other revenue streams.

NSE Q2 Profit Jumps 13% to Rs 1,999 Cr | Stock Market News

November 1, 2023 21:48

The National Stock Exchange (NSE) reported a 13% YoY rise in net profit for Q2 FY24, reaching Rs 1,999 crore. Revenue surged 24% driven by strong trading volumes and other services.

India Budget Allocates Rs 1.28 Lakh Cr for...

India's budget earmarks Rs 1.28 lakh crore for telecom projects, with a significant...

Customs Duty Exemption on Lithium, Cobalt to...

India's Union Budget 2024-25 proposes customs duty exemption on lithium, cobalt, and...

Critical Mineral Mission to Boost Domestic Output

India to launch a Critical Mineral Mission to boost domestic production of copper,...

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