The STT raise of up to 150% will take effect on April 1. This is how it might affect F&O traders.
Higher securities transaction tax (STT) on futures and options (F&O) will take effect with the start of the new fiscal year on April 1, 2026, which will alter the derivatives market in India. The Finance Minister announced the action in Budget 2026 with the intention of lowering speculative trading. The futures STT has been raised…