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STT was brought in 2004 to remove LTCG tax: Now the government is collecting both; Tax on FO trading increased by 150% in the budget

May 18, 2026 oshaqueali8282Comment on STT was brought in 2004 to remove LTCG tax: Now the government is collecting both; Tax on FO trading increased by 150% in the budget

Date 1 October 2004. The then Finance Minister P. Chidambaram removed the Long Term Capital Gains (LTCG) tax on stock …

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