What is STT in stock market, Securities Transaction Tax STT , Rate of STT , Return filing of STT

What is STT in stock market, Securities Transaction Tax  STT ,  Rate of STT , Return filing of STT
Securities Transaction Tax is levied on every purchase or sale of securities that are listed on the recognized stock exchange. This would include shares, derivatives or equity-oriented mutual funds units. The rate of tax that is deducted is determined by the central government, and it varies with different types of transactions and securities. Deducted at source by the broker or AMC, at the time of the transaction itself, the net result is that it pushes up the cost of the transaction done.

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