Hello and welcome to today's podcast. Today we're going to discuss ⁠Securities Transaction Tax⁠ (STT) charges and their impact on investors. What is STT? STT is a tax levied on the purchase and sale of securities listed on ⁠Indian stock exchanges⁠. It was introduced in 2004 and applies to all types of securities such as shares, derivatives, equity-oriented mutual funds, and bonds. The tax rates vary based on the type of security and the ⁠transaction type⁠. STT Impact on Investors: STT has a direct impact on investors as it adds to the cost of investing in the ⁠stock market⁠. The tax is levied at the time of the transaction, which means investors have to pay the tax regardless of whether they make a profit or a loss on their investment.