Except F&O, STT rates remain same for others: Income Tax Dept on rate hike
Feb 01, 2026
It said the total volume of transaction in options and futures is more than 500 times of Indian Gross Domestic Product (GDP). "In Rupee terms, our GDP is 300 lakh crore rupees, while the volume for options and futures is more than 1.5 lakh lakh crore rupees. Therefore, there is justification for increase in rates to curb purely speculative activity in options and futures," the Income Tax Department said in a post on social media platform X.