前三季度证券交易印花税1448亿元，同比增长103.4%

Core Insights - The Ministry of Finance reported fiscal revenue and expenditure for the first three quarters of 2025, highlighting a significant increase in stamp duty revenue [1] Group 1: Fiscal Revenue - Stamp duty revenue reached 314.2 billion yuan, representing a year-on-year growth of 34.5% [1] - Among the stamp duty revenue, the securities transaction stamp duty amounted to 144.8 billion yuan, showing a remarkable year-on-year increase of 103.4% [1]