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Regulatory Updates
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PAN (Permanent Account Number)
Any investor making an investment of Rs 50, 000 or more has to provide his PAN No. or Form 60. In case of joint application all the applicants needs to provide the PAN No. or Form 60.
STT (Securities Transaction Tax)
The Securities Transaction Tax (STT) is applicable on purchase or sale of equity and equity mutual funds. For delivery based sale, the rate applicable is 0.1%. For non-delivery based sale, it will be 0.02% . On futures and options, the STT is 0.0133%. On sale of equity-oriented mutual funds it will be 0.2%.
 
 
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