Policy & Ethicssecurities transaction taxfutures and optionscapital markets
India Raises Securities Transaction Tax On F&O
|
8.1
Union Finance Minister Nirmala Sitharaman raised the securities transaction tax (STT) on futures to 0.05% from 0.02% and on options (premium and exercise) to 0.15% in the 2026 Budget. The increase, intended to curb F&O volumes and boost revenue, prompted a market correction—BSE shares fell about 10%—while NSE and BSE chiefs said the move should not materially affect IPO plans or long-term valuations.
Scoring Rationale
High-impact national budget tax change with clear market effects, limited to finance domain rather than AI/ML relevance.
Practice with real Payments data
90 SQL & Python problems · 15 industry datasets
Used by DS/ML engineers at top companies
250 free problems · No credit card
See all Payments problems
