STT for futures sold and physically settled on expiry

[ShubhS9]

@shivraj

I mean is it calculated on full contract value or it is calculated on nrml margin?

For Futures STT is applicable on contract value (Price * Lot Size).

@shivraj

Is STT rounded off to nearest whole number?

Yes. Explained here:

Please explain STT in simple terms

That’s because, as per the rules of the Income Tax Act, STT shall always be rounded off to the nearest rupee. Here’s the relevant extract from the Act: [image]