General Trading Chat

pareshR

Well-Known Member
Not angry...but frustrated . Last 2 years no concession for income tax payers. OROP and Govt employees will get huge bounty from Govt ...and all that comes from the taxes we pay. And Govt made no mistake in increasing the STT on options ( not angry again as I trade very less options) ..but that shows the Govt's thinking to milk us.

Smart_trade
that's why Dubba trading is rising , nobody has a clue about the dabba trading size but it's working on a large scale
 
lot of future players shifted to option to save stt. i saw many friends who shifted to option scalping from future scalping. these people can shift to future scalping because of option stt increased . i think government want this. :annoyed:
 
that's why Dubba trading is rising , nobody has a clue about the dabba trading size but it's working on a large scale
someone has to pay taxes even in dabba tradoing ? or am i missing te entire concept
 

DSM

Well-Known Member
One political commentator said it on TV : The govt. is wary of presenting a budget that is seen as pro-business. Considering the election experience in Delhi and Bihar, and keeping in mind the forthcoming election in an important state of UP, the govt. had no choice but to showcase a budget as being pro-poor, pro-farmers etc. Even if it meant that the business friendly image of the govt. would take a hit. There is already a united opposition which the govt. finds it difficult to manage. And they do not want to give them a further excuse to beat them up.....

Further, the political strategy of the govt. is to do the minimal required and set the stage so as to be able to win the next general election of 2019. Once the basics and essentials are taken care of in the first five years, the next term can give the govt. the freedom and the flexibility to carry on its pro-business agenda....
 

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