The Budget 2026 increased the securities transaction tax (STT) on futures and options (F&O) trades
GK and monthly revision
F&O satta is highly risky... how can the government stay quiet: Nirmala Sitharaman on STT hike
The Finance Minister defended the sharp hike in securities transaction tax (STT) on futures and options trading, citing the risks from excessive speculation in derivatives. The move aims to curb systemic risk and protect small retail investors, though it triggered a sell-off in brokerage and exchange stocks.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
The hike in STT was aimed at curbing excessive speculation and systemic risk in the derivatives market
The government said the STT increase is to protect small retail investors from the risks of F&O trading
The STT hike triggered a sell-off in stocks of brokerages and stock exchanges
Finance Minister Nirmala Sitharaman defended the STT hike, citing the need to regulate the highly risky F&O 'satta' market
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.