STT hike on F&O aims to put a curb on "speculative" trading options: Arvind Shrivastav, Revenue Secretary

New Delhi [India], February 1 (ANI): The hike announced in the Securities Transaction Tax (STT) during the Union Budget 2026 is only on futures and options (F&O) trades, and the aim is to increase the tax revenue as well as put a curb on speculative trading options, Revenue Secretary Arvind Shrivastav said on Sunday.

The government has proposed a significant hike in STT on futures and options trades. For futu