Foreign investors, trading companies urge SEBI, govt to reduce STT; say levy and capital gains tax hurt investors
Foreign portfolio investors (FPIs) and Indian units of overseas trading companies have urged the Securities & Exchange Board of India (SEBI) and the central government to reduce securities transaction tax (STT), an Economic Times report said, citing people close to the matter.
The report further said that the high-frequency trading firms in a meeting with the SEBI and officials of Department of Economic Affairs said that the Reserve Bank of India’s (RBI) leverage rules would force them to shift trading activities offshore.
My Demand: Make Long Term Capital Gain TAX on Equities NIL for individual investor.
I welcome the hike in STT (security transaction tax) on derivatives as it can curb reckless speculation. Nearly 90% of retail investors lose money in F&O, turning markets into gambling.
When STT was originally introduced, LTCG was zero. But now with both STT and LTCG in place, investors are disincentivised.
I urge the govt to abolish LTCG on equities for individuals, as done in Switzerland, Singapore, UAE & others. This will boost household wealth, reduce speculation, and shift savings from gold & real estate into equities.
This is the best and most sensible piece ever written on the mind boggling and suffocating triple taxation (STT, LTCG, GST) for investors in equity markets.
I absolutely love this example of renting a house and paying monthly rent (STT) to the landlord, but when you leave, then you also have to pay an exit fee (LTCG) to the landlord.
It would be amazing if the demands in this article actually come true
1. Abolish STT
2. LTCG back to 0%
3. Reduce STCG to 10%
This article gets my vote for the $1M prize!
Fantastic articulation @Garg_Aditya_ 👏🏻
Nobody is talking about Budget 2026 even though it’s just 20 days away from being announced. It seems like Indians have finally given up on expecting anything good from the government.
I’ve also personally stopped expecting any tax cuts in STCG, LTCG or STT. The government destroyed our stock market by increasing taxes and disrespecting foreign investors which are very crucial for a healthy market.
The govt isn’t even accepting their mistake, nor are they showing any interest in correcting their mistake by reducing the taxes. At this point, they don’t care about any common man now 💔
⭕ Nothing Could Save Indian Market
❌ Election Result
❌ Rate Cut
❌ Tax Cut
❌ GST Cut
❌ Huge GDP Growth
❌ Lowest Ever Inflation
👉🏻 Only 1 Thing Can Save Market
✅ Abolish STT or Reduce LTCG/STCG
♻️ Feel Free to Retweet
If this really happens on Diwali, it’ll be the biggest gift for every stock market investor! 🎁
🟢 LTCG: 12.5% → 5%
🟢 STCG: 20% → 10%
🟢 STT: Removed!
It’ll boost confidence, improve volumes & bring a real bull run in India!
Serious Traffic Violation @thanecitypolice
In vartak Nagar Thane, Wrong Side Driving & Reckless Bikers openly Breaking Traffic Rules.
one such biker hit my car and fled attached photo.
Request Strict Action- Challans, Surprise Checks.
Citizen Safety is at risk!
#thanecitypolice
@NalinisKitchen Totally insane! Got Jio Fiber at home and not being able to see stuff ,
while at work have local internet works so smooth!
Time to SWITCH!