After LTCG, Vijay Kedia Wants STT To Be Abolished: ‘Investors Already Bear Statutory And Regulatory Charges’
Veteran investor Vijay Kedia has called for an abolishment of the Securities Transaction Tax (STT), arguing that Indian investors are already burdened with multiple statutory and regulatory charges while participating in capital markets. In a post on X, Kedia described the levy as an “additional layer of taxation” that has outlived its original purpose. “STT was…