STT
State Street Corporation
stock NYSE

Why STT so high?

One more protest need to start on Banning STT & LTCG tax

This Government's Greed has killed the market. First they increased LTCG, STCG and STT and now they also put UPI transactions tax. It doesn't matter whether investors make money or not, government will definitely make money.

You know what's more crazy? Indian government collected record STT this year.

Exactly , Nifty is rangeboud in last 2.5 yrs not 2months .
In last 2.5 months nifty has been zero return in rupee term inflict negative if you adjust inflation and negative return in dollar term.
And this is not due to external factor only , many of the decision like hike of capital gain taxes has caused FII to sell aggressively , increase of STT has reduced the liquidity in market .
Stop misleading people.

During 2008 crisis, Country was led by an Economist !!
Also India had no much influence in mortgage bonds...Actually FII felt india safer during the crisis and parked here, you can find the surge of 75 % in 2009.
Also ,2026 , Its a different story, AI story is selling like anything in global markets, India already missed the train. Also US-IRAN war hit us badly in oil and gas.
I feel FII is the outcome , Currently what we have to sell them is the question ?
DII and Retail were saving this ship solely despite being hit constantly with LTCG, STCG, STT and GST. The impact will be much more huge without SIP trend !!

Unless we transform to the trend, we have nothing to sell !!

I am not trying spread hatred or anything, As an Investors I just want answer from my Government, Finance Minster still not given single word why market falling? I understand global crisis, however didn't you increased STT, LTCG, STCG for no reason...STT collection went up by 50% which is collected even in loss, but not Nifty...
If you buy dollar you can make more profit than Nifty? Is that the message govt is trying to convey? And also how opposition is silent on this issue. Where are we heading man?

Yeah, the government cannot do anything . See, even if STT or LTCG were removed, it wouldn’t change the underlying risk-reward equation for FIIs. It’s a fundamental difference that no govt step can eliminate.
Indian equities carry both equity risk and currency risk, while Treasuries offer relatively low-risk USD returns. So an FII needs to see enough additional expected return from India to justify taking those extra risks. And that generally requires valuations to become attractive enough to compensate for those risks.

They should increase LTCG, STCG, and STT taxes by another 25% to 50% in the next budget. We’re buying such amazing companies anyway, so surely a little more tax should be acceptable.

Yes. They are capable of raising it. When they can tax UPI even after so much protest , STT is a small thing for them

What are you taking about , Nifty is rangeboud in last 2.5 yrs not 2months .
In last 2.5 months nifty has been zero return in rupee term inflict negative if you adjust inflation and negative return in dollar term.
And this is not due to external factor only , many of the decision like hike of capital gain taxes has caused FII to sell aggressively , increase of STT has reduced the liquidity in market .
Stop misleading people.

The government can certainly take steps to make Indian markets more lucrative - like getting rid of STT, or reducing capital gains tax.

Aur agar LTCG loss ke karan nahi aya to STT aur increase kar denge..

The STT trap is this: when you buy an option and it expires in the money even by a few paise, STT gets charged on the full notional value of the contract, not on the premium you paid. So a trade that cost you a few hundred in premium can attract thousands in STT alone if you don't square off before expiry. That's usually where these brutal charge totals come from, not brokerage.

Global markets are at ATH
Us bond yields are above 5.5%
For Markets to rally FII should be buying, right now there is no incentive for them to buy indian equitys as rupees depreciation,LTCG,STCG,STT all eat into there profits
Real return after all this for them will be just around 5-6%.that to with significant risk why would they invest in indian market when they can get 5.5% guaranteed safe return from US bonds.

But bro...what about too much STT,GST, and you have to pay STCG ... And after 15th October, when you add money with UPI, you are going to pay extra 😁

Because they can make much more in AI invested markets like the US, Taiwan, South Korea. High taxes: LTCG, STT, STCG are also a factor. Primarily LTCG and STT.

Because of STT, LTCG and STCG. People invest in india just to get 2-3% more returns. If you strip that away with LTCG and STCG , currency adjusted returns will be zero or negative compared to non safe options. Expect India all major countries are having zero Tax for Non citizens, we are taxing the shit out of them. And our currency is going in death spiral. Some idiots will compare with other countries like china, for export heavy countires it is good for currency to go down, for import heavy country like us it is a death spiral.
Also India is very hostile with policies, random change in policy in one night, nobody like and we are known for tax terrorism and tax all the profitable industry and bring it to it closure.

DII(Mainly MF, which is retail) has no other options, because of Outward remittance limit and we always looks positive on every negative aspects

- Stamp duty will be deducted at the time of purchasing new units **regardless of whether via Zerodha or directly from AMCs**.
- STT will be charged for *equity-oriented mutual funds* at the time of redemption regardless of Zerodha or from AMC.
- Exit load will be deducted at the time of redemption if redeemed *too early* regardless of whether via Zerodha or directly from AMCs.
- TDS is applicable only if IDCW variant gives you dividends more than 10k.
While all of the above is applicable at specific events, *Account Maintenance Charges* by Zerodha comes into effect once your portfolio crosses 4L in value. The portfolio value isn't just from mutual funds but also from stocks, ETFs and bonds present in the demat account.

7.8%, Desh khushio se bhar gaya hai.
Abhi to ruko, UP election is forthcoming, check next quarter's GDP growth it will be more than 8%.
What incentive FIIs have to invest in Indian market, US, Korea, Taiwan giving more return anyway. In India there is rupee devaluation, LTCG, STCG, STT, Cess, IT, GST, why FIIs should pay more?
I bought and sold worth $2000 shares in US. Do you know how much I paid? None to purchase, 2 cents for each script sell.