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regulation · intermediate

Stamp duty on equity

Stamp duty is a distinct levy on specified securities transfers, separate from brokerage, STT, and CTT.

Indian equity cost stacks often include brokerage, STT, stamp duty, and SEBI or exchange fees as separate lines.

Stamp duty on specified transfers is collected under the centralised stamp-duty framework; rates are not hard-coded here.

It is not the same as STT on securities trades or CTT on commodity derivatives.

Intraday squared-off trades are treated differently from delivery transfers for stamp-duty purposes.

Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.