News & Information 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 …