General Trading Chat

aja

Well-Known Member
Budget 2017: FM may hike service tax from 15% to close gap with 18% GST rate

A higher service tax will prevent a greater price shock after GST kicks-in from July 1, 2017; it will also help the Centre partially offset the revenue loss from foregoing exclusive rights over service tax that accounts for 14% of total central revenues currently

Read more at: http://www.moneycontrol.com/news/ec...-gst-rate_8282581.html?utm_source=ref_article
Indian Government want to increase tax on everything and there Trump Government will cut down all major taxes.
Some day we will be Indian Americans and they will be American Indians.
 
Today, after a long time, the FIIs were net buyers. Any chance it will take the nifty down :)

http://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/
Doesnt seem so
As per my chart reading, there is no room for any big down move currently. Chhota mota dip toh laga hi rehta hai.
May be if international markets turn bearish significantly. Though US markets opened gap down, but now recovering and likely to recover more.
May be DJI to 19922 and SPX 2280
 

headstrong007

----- Full-Time ----- Day-Trader
Indian Government want to increase tax on everything and there Trump Government will cut down all major taxes.
Some day we will be Indian Americans and they will be American Indians.
:)

There is already proposal of FAT TAX today.. mote pe bhi tax??

Main Coke burgers, pizzas khau to Govt ko kya?? :mad:
Agar mai khake bhi mote nahi hua to?? Sab bahana hai jada tax lene ke liye..

If PM Modi okays, junk food and sugary drinks could fall under fat tax net...

http://www.firstpost.com/business/f...-maggi-to-pizzas-may-fall-in-net-3206162.html
 
:)

There is already proposal of FAT TAX today.. mote pe bhi tax??

Main Coke burgers, pizzas khau to Govt ko kya?? :mad:
Agar mai khake bhi mote nahi hua to?? Sab bahana hai jada tax lene ke liye..

If PM Modi okays, junk food and sugary drinks could fall under fat tax net...

http://www.firstpost.com/business/f...-maggi-to-pizzas-may-fall-in-net-3206162.html
This is ridiculous
They are copying foreign countries in regard of imposition of new taxes. Some European countries have such tax in the name of sin tax, fat tax etc.

BTW, FAT here doesnt mean mota but charbi.
 

TraderRavi

low risk profile
:)

There is already proposal of FAT TAX today.. mote pe bhi tax??

Main Coke burgers, pizzas khau to Govt ko kya?? :mad:
Agar mai khake bhi mote nahi hua to?? Sab bahana hai jada tax lene ke liye..

If PM Modi okays, junk food and sugary drinks could fall under fat tax net...

http://www.firstpost.com/business/f...-maggi-to-pizzas-may-fall-in-net-3206162.html
ye jyada smart banenge to public inki laga degi buri tarah se election mein , waise hi demonitisation se mila kuch nahi public pareshaan ho gayi :mad:
 

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