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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. ....
A notional capital gain tax on all claims by financial influencers, penalties for holding too many mutual funds, and other recommendations for Budget 2024 ....
The market share of BSE in the derivatives segment, dominated by NSE, rose from a mere 0.004% in the June quarter to 7.38% in the September quarter and further to 15.8% in the December quarter. ....