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STT Collections Rise 52.9% to ₹40,214 Crore in FY27
The government collects a tax called Securities Transaction Tax, or STT, on some stock-market trades.
It collected ₹40,214 crore in STT during the first six months of FY27.
That was 52.9% more than the ₹26,306 crore collected during the same period last year.
The government increased some STT rates on futures and options trades starting April 1.
The tax on selling futures rose from 0.02% to 0.05%.
The tax on selling options rose from 0.10% to 0.15%.
The government hopes to collect ₹73,700 crore in STT during FY27.
Net direct tax collections also increased 13% to ₹12.124 lakh crore by September 17.
Securities Transaction Tax collections reached ₹40,214 crore between April 1 and September 17, up 52.9% year-on-year.
Collections during the same period last year stood at ₹26,306 crore.
The government raised STT rates on futures and options sales from April 1.
The futures sale rate increased to 0.05% from 0.02%, while the options sale rate rose to 0.15% from 0.10%.
The government has set an FY27 STT collection target of ₹73,700 crore, while net direct taxes have reached ₹12.124 lakh crore.
- Who
- The government and securities-market participants are involved in the STT collections.
- What
- STT collections increased 52.9% to ₹40,214 crore in the first six months of FY27.
- Where
- New Delhi, according to the dateline.
- When
- Between April 1 and September 17, during FY27; the higher derivative rates took effect on April 1.
- Why
- Collections rose amid higher securities-market collections and increased STT rates on certain derivatives transactions.
Key facts
- STT collections
- ₹40,214 crore between April 1 and September 17
- Year-on-year increase
- 52.9%
- Comparable period last year
- ₹26,306 crore
- FY27 STT target
- ₹73,700 crore
- Futures STT rate
- Raised to 0.05% from 0.02% on sales
- Options STT rate
- Raised to 0.15% from 0.10% on sales
- Net direct tax collections
- ₹12.124 lakh crore, up 13% year-on-year
Sources
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