STT
Securities Transaction Tax. A tax levied on every purchase and sale of securities listed on Indian stock exchanges. Applied at the time of transaction.
Related Terms
80C Deduction
Section 80C of the Income Tax Act allows deductions up to Rs 1.5 lakh per year for investments in EL...
BSE
Bombay Stock Exchange. India's oldest stock exchange, established in 1875, located in Mumbai. Its be...
Brokerage
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in Indi...
CRR
Cash Reserve Ratio. The percentage of deposits that banks must keep with the RBI as liquid cash. Cha...
Capital Gain
The profit realized when a security is sold for more than its purchase price. In India, classified a...
Circuit Breaker
A mechanism that temporarily halts trading on a stock or the entire market when prices move beyond s...