STT Hike Targets Speculation, Not Revenue, Says Finance Ministry
Budget
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CNBC TV18•01-02-2026, 19:49
STT Hike Targets Speculation, Not Revenue, Says Finance Ministry
- •Revenue Secretary Arvind Shrivastava clarified that the STT hike on F&O is primarily to curb speculative activity, not to increase government revenue.
- •The F&O segment is considered highly speculative, and the hike aims to supplement market regulator measures to reduce risk.
- •The government projects robust revenue growth for the next fiscal year, with GST growth at 6.5% and a buoyancy factor of 1.14.
- •DIPAM Secretary Arunish Chawla stated a disinvestment target of ₹80,000 crore through strategic sales, asset monetisation, and innovative instruments.
- •New policies like tax exemptions for data centres and safe harbour frameworks for electronics manufacturing aim to attract long-term investment.
Why It Matters: The Finance Ministry confirms the STT hike on F&O is to curb speculation and protect small investors.
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