The new STT rates will come into effect from June 1, 2006.
| Taxable Securities Transaction | Pre-Budget | Post-Budget | ||
| Rate (%) | Payable by | Rate (%) | Payable by | |
| Delivery based trades | ||||
| 1) Purchase of an equity share in a company or a unit of an equity oriented fund, where- | 0.1000 | Purchaser | 0.125 | Purchaser |
| (a) the transaction of such purchase is entered into in a recognised stock exchange; and | ||||
| (b)the contract for the purchase of such share or unit is settled by the actual delivery or transfer of such share or unit | ||||
| 2) Sale of an equity share in a company or a unit of an equity oriented fund, where- | 0.1000 | Seller | 0.125 | Seller |
| (a) the transaction of such sale is entered into in a recognised stock exchange; and | ||||
| (b) the contract for the sale of such share or unit is settled by the actual delivery or transfer of such share or unit | ||||
| Day Traders | ||||
| 3) Sale of an equity share in a company or a unit of an equity oriented fund, where- | 0.0200 | Seller | 0.025 | Seller |
| (a)the transaction of such sale is entered into in a recognised stock exchange; and | ||||
| (b)the contract for the sale of such share or unit is settled otherwise than by the actual delivery or transfer of such share or unit | ||||
| Derivatives | ||||
| Sale of a derivative where the transaction of such sale is entered into in a recognised stock exchange | 0.0133 | Seller | 0.017 | Seller |
| Others | ||||
| Sale of a unit of an equity oriented fund to the Mutual Fund | 0.2000 | Seller | 0.250 | Seller |
