General Trading Chat

[vijkris]

Did I miss something? I heard the increase just for options.

just for options....

 

[vijkris]

as expected, like last yr, itc fell sharply...:clap:

 

[TradeJoker]

Option STT 0.05% from 0.017%

Nifty vertical fall, anyone trading the freak moves?

I was sure abt some increase

 

[bpr]

40% of withdrawal at the time of retirement under National Pension Scheme to be tax exempt.

This is good NPS will get a boost.

 

[vikas2131]

A Krishi Kalyan cess of 0.5 percent on all services, effective June 1

aur thoda tax aa gya apne khate mein

 

[arsh22g]

I was sure abt some increase

What pointed you to that?

 

[amitrandive]

I was sure abt some increase

STT on options to be raised to 0.05 percent from 0.017 percent. 10 percent tax on dividend in addition to DDT if dividend more than Rs 10 lakh a year -- will hurt promoters.

http://www.moneycontrol.com/news/economy/live-budget-2016-fm-raises-sttoptions-to-005_5689161.html

 

[vikas2131]

What pointed you to that?

sixth sense

 

[vikas2131]

ITC tanking on Excise duty increment

 

[Smart_trade]

Increase in STT on options is going to make options trading ( particularly short term scalping ) less profitable..

Smart_trade