New I-T law, higher securities transaction tax on F&O trade to kick in from April 1
- Posted on March 31, 2026
- By Business News Today
- 4 Views
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1
New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for medical/education, take effect April 1. A 20-year tax holiday for data centre services and new safe harbour rules for software firms also commence with the 2026-27 fiscal year.
