Budget July-2019: Changes in STT on options

[nithin]

@ManishGupta

can you explain (with few examples) the changes in STT on options introduced in this budget? Will there be any change on STT calculation for expiry day exercised options due to this?

Check this

Budget update for option traders, finally no STT trap on options

Finally, after years of pushing for it, no more STT trap on options which are exercised. [image] So, if your ITM option strike of say 11800 gets exercised on expiry with the spot at 11900, at present you would have to pay STT of 11900x75x0.00125 -= Rs. 1,115. But now it will be (11900-11800)x75x0.00125 = Rs 9.375 STT Download Budget speech.