150% hike in futures STT, buyback tax spook markets; indices dip over 1%

Finance Minister Nirmala Sitharaman's budget speech introduced significant changes affecting India's financial markets, most notably a substantial increase in Securities Transaction Tax (STT) on derivatives.

Feb 1, 2026 - 13:01
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150% hike in futures STT, buyback tax spook markets; indices dip over 1%
Finance Minister Nirmala Sitharaman's budget speech introduced significant changes affecting India's financial markets, most notably a substantial increase in Securities Transaction Tax (STT) on derivatives.

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