New I-T law, higher securities transaction tax on F&O trade to kick in from April 1

New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for medical/education, take effect April 1. A 20-year tax holiday for data centre services and new safe harbour rules for software firms also commence with the 2026-27 fiscal year.

Key takeaways

Quick scan — what you need to know:

• New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for medical/education, take effect April 1.
• A 20-year tax holiday for data centre services and new safe harbour rules for software firms also commence with the 2026-27 fiscal year.
• New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for medical/education, take effect April 1.

Background

What led here, in plain terms:

• day for data centre services and new safe harbour rules for software firms also commence with the 2026-27 fiscal year. New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas…
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for medical/education, take effect April 1.
• A 20-year tax holiday for data centre services and new safe harbour rules for software firms also commence with the 2026-27 fiscal year.
• New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for medical/education, take effect April 1.