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How is the Securities Transaction Tax (STT) calculated?
Any fraction in STT Calculation is rounded off to the nearest rupee. For instance, if the STT is ₹100.60 it will be rounded off to ₹101, and if the STT is ₹100.40 it will be rounded down to ₹100.
Securities Transaction Tax (STT) is a direct tax charged on the purchase and sale of securities listed on the exchanges in India.
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