General Trading Chat

[Fundootrader]

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....

The strength of current gov was middle class and business class : the D & M votebank was split in last elections that helped them to power - with current economis the middles class which voted for change - is made to suffer with inflation and traditional tools of saving : EPF etc being taxed - they will end up losing the core base next time

 

[pareshR]

i do not know. but traders n operators both not paying any Taxes to Govt.

most of operators are brokers, chartered accountant etc

 

[TracerBullet]

Prashant Jain - link

 

[Smart_trade]

someone has to pay taxes even in dabba tradoing ? or am i missing te entire concept

In Dabba trading , the trade is not executed on the stock exchange so no question of any taxes ,STT to be paid.

Smart_trade

 

[iwillwin]

I heard from a local senior trader that dabba trading not advisable as u may not get capital back at times... Also brokerage is much higher

 

[iwillwin]

Disclaimer I heard about dabba trading in 2015...
Have never done it nor do I recommend or endorse it here

 

[vivektrader]

This means you will soon be a senior !!!

Is this offer for everyone who stayed out

 

[deba72]

The strength of current gov was middle class and business class : the D & M votebank was split in last elections that helped them to power - with current economis the middles class which voted for change - is made to suffer with inflation and traditional tools of saving : EPF etc being taxed - they will end up losing the core base next time

People outside financial markets hardly bother about Budget etc.. For them Budget is simply a headline in newspaper with a quick glance on what items have become costlier/cheaper and at the most any tax benefit for salaried class..that too people forget after couple of days. Rural India has no interest in whatever said / promised in budget speech..What matters to them is the actual execution that they see in their villages.. So budget as a major economic event has lost its importance long back.. It is more of a media event and nothing else... From tomorrow it would be business as usual for all and none would even talk about budget by the time this week ends...

 

[vijkris]

This means you will soon be a senior !!!

Is this offer for everyone who stayed out

the word "soon" has deep meaning here bro ..

 

[iwillwin]

With government increase excise on tobacco products but not beedi
It wants to take super rich charotar Patel's in Gujarat on their side...
Does cancer differentiate between beedi and high end cigarette tobacco
It's pro-election shown as pro-poor