et_economyabout 3 hours ago
BEARISH(95%)
sell
Published on the original source: 31 Mar 2026, 12:35 PM IST
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1
Read original sourceAI Analysis
The IT sector could see increased investment and operational efficiency due to the data center tax holiday and new safe harbor rules. This aligns with the broader focus on digital infrastructure and services.
Trading Insight
Consider long positions in IT infrastructure and data center-related stocks, while monitoring the impact of STT on brokerage and trading platform companies.
Quick check: TCS bearish bias (oversold), INFY bearish bias (-1.3% 1d).
Key Evidence
- •Higher STT on F&O trades will be effective from April 1st.
- •Lower TCS on overseas tour packages and LRS remittances for medical/education will also take effect.
- •A 20-year tax holiday for data centre services commences.
- •New safe harbour rules for software firms will also be implemented from the 2026-27 fiscal year.
- •Risk flag: Potential decrease in retail F&O trading volumes due to higher STT.
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