From STT to gold hallmarking to debt MFs to digital wallets: A recap of key changes in rules from April 1

New rules from April 1: New financial year brings a chain of changes, applicable from April 1, 2023. Here's a lowdown on key changes.

New rules from April 1: Check out the new rules applicable from today, Pic- PTI

New rules from April 1: The new financial year brings a chain of changes, applicable from April 1, 2023. Here's a lowdown on key changes pertaining to Securities Transaction Tax (STT) on stock derivatives, gold hallmarking, rules on addressal of technical glitches, fuel rates, and much more as India enters a new financial year, 2023-24:

नया फाइनेंशियल ईयर 2023-24 आज से शुरू हो गया है। ये नया वित्त वर्ष कौन से नए बदलाव लेकर आया है? जानिए भावना और सौरभ से @Bhavana_DC | @PandeySaurabh95 | #NewFinancialYear pic.twitter.com/iT2jozoZJl

— Zee Business (@ZeeBusiness) April 1, 2023

Changes in STT

From today, investors have to pay 25 per cent more STT on options trading. The STT has been raised from 0.05 per cent to 0.0625 per cent. For futures trading, the STT is increased from 0.01 per cent to 0.0125 per cent.

Stock exchange NSE has rolled back its recent 6 per cent increase in transaction charges on the equity cash and derivatives segments of its platform.

New Sebi guidelines

Technical glitch framework by the Securities and Exchange Board of India (SEBI) in favour of investors will be applicable from April 1. The guidelines stated that the stock exchanges need to inform about the glitch in a trading transaction within an hour of the occurrence. In case of a glitch, traders have to give a root cause analysis report within 14 days of the incident.