Intraday Traders Beware: Tax Hike To Eat Into Your Profits From April 1

Securities Transaction Tax hike from April 1: As STT is charged on turnover, not profit, frequent traders feel the impact first. Securities Transaction Tax hike from April 1: As STT is charged on turnover, not profit, frequent traders feel the impact first.

Key takeaways

Quick scan — what you need to know:

• Securities Transaction Tax hike from April 1: As STT is charged on turnover, not profit, frequent traders feel the impact first.
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Background

What led here, in plain terms:

• over, not profit, frequent traders feel the impact first. Securities Transaction Tax hike from April 1: As STT is charged on turnover, not profit, frequent traders feel the impact first. Securities Transaction Tax hike…
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Why it matters

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