New STT rule for options as discussed in budget

F&O
1

When will the new rule of STT Announced in budget is going to come?? I.e STT on exercised options will be the difference between the settle price and premium??
Although we have an option of don’t exercise, the new rule will allow us to trade happily, and can buy calls puts as stt is going to be hardly RS 10
or 50 max…evenn we go to ITM, FOR nifty and bank nifty options.

2

September 2019 onwards

3

Thanks Vivek, is it from September 1st or after September expiry