Day Trading Stocks & Futures

[Smart_trade]

Expecting move to continue for few days atleast ?

I do not think the correction is over yet....so I will be booking profits in all stocks I bought in last 1 week and then look at the market afresh.......

 

[vikas2131]

Government has proposed farm cess of Rs 2.5/litre on petrol, Rs 4 on diesel

New cess or just accounting?

 

[vikas2131]

upstox seems to have crashed today

 

[timepass]

New cess or just accounting?

There is this Agri Infra cess on a lot of things, 100% on alcoholic beverages

 

[tradermodified]

Government has proposed farm cess of Rs 2.5/litre on petrol, Rs 4 on diesel

it is only for accounting

https://twitter.com/i/web/status/1356154398443884549

 

[vikas2131]

There is this Agri Infra cess on a lot of things, 100% on alcoholic beverages

Just saw that.

it is only for accounting

https://twitter.com/i/web/status/1356154398443884549

GST accounting for state and central pool.

 

[tradermodified]

Diesel and Petrol are not under GST

 

[primitivetrader]

it is only for accounting

https://twitter.com/i/web/status/1356154398443884549

and excise duty will not be increased by govt after some time right na!!!

 

[tradermodified]

who knows !!!!
its the current scenario

BTW, they could have raised price simply by a cess, not by adjustment

 

[timepass]

It's unlike the government to take a tax hit, specially under the present economic scene.
"..............
This will be applicable from February 2.
Sitharaman said that such cess would not affect consumers. She said, "Consequent to imposition of Agriculture Infrastructure and Development Cess (AIDC) on petrol and diesel, Basic excise duty (BED) and Special Additional Excise Duty (SAED) rates have been reduced on them so that overall consumer does not bear any additional burden."
........"

https://www.news18.com/news/busines...applied-on-petrol-rs-4-on-diesel-3373217.html