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Brokerages hope that FM does not increase STT and LTCG in budget

Shravan Shetty, Managing Director, Primus Partners,shares his view on the potential impact of increasing the Securities Transaction Tax (STT) or long-term capital gains (LTCG) tax. He emphasizes that a 20-30 percent rise in STT would keep the tax relatively low, and unless the increase is substantial, trading volumes are unlikely to be significantly impacted. Read Now!