The Economic Times

New STT, MTF rules kick in from April 1: What changes for stock market traders and brokers

From April 1, Indian markets face major regulatory changes as higher taxes and stricter funding norms reshape trading. Securities transaction tax (STT) on derivatives is rising sharply150% on futures and 50% on optionswhile new RBI rules require 100% collateral for bank guarantees in proprietary trading, up from 50%.