India Increases Stock Trading Tax Rates to Curb Speculation

India has raised certain stock trading tax rates in an effort to further curb retail speculative trading. According to Jin10, the budget proposal submitted to parliament on Sunday outlines an increase in the securities transaction tax on stock index futures from 0. 02% to 0. 05% source: https://www.binance.com/en/square/post/35860292760745?utm_source=BinanceNewsRSS