Same argument was put forward when they stopped mini nifty and kept only nifty fut with 75 as a lot size...now Govt to increase lot size to 10 L...
This Govt is not business and market friendly.They probably still think that trading is speculation.More measures against the market and business are likely as we go into last 2 years of the Govt.Kisan,Jawan,Sarkari babu,politicians all will be kept happy to get votes. Stock market will get no concession in taxes,duties etc...we should be thankful if they dont levy new taxes...( we will have 18 % GST instead of Service Tax from July 1st.
Smart_trade
This Govt is not business and market friendly.They probably still think that trading is speculation.More measures against the market and business are likely as we go into last 2 years of the Govt.Kisan,Jawan,Sarkari babu,politicians all will be kept happy to get votes. Stock market will get no concession in taxes,duties etc...we should be thankful if they dont levy new taxes...( we will have 18 % GST instead of Service Tax from July 1st.
Smart_trade