This fight can gain legs if we're able to rope in some pro-consumer, finance-centric organizations like Moneylife Foundation. This foundation has lawyers, activists and the ever-reliable Sucheta Dalal. They are known to take the fight to the big boys and win. NSE & SEBI are often in their critical radar.
Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
I think its better to move the traffic(who are against such rule) to Avi Garg whats app group, already there are some serious trader want to fight together. I am also with them. Let's fight together. British rule to success was divide and rule.
I am not fond of Zerodha now, stopped trading with them after lots of glitches and various issue arrised. Although, I was one of the old customers to them and still have an account with them. I have contacted with their forum members bcoz after all we are traders whether we are part of different forums or different brokers we must fight together.
I suggest, give the valuable suggestion there. After all endless chit chat or voting (as the number is still negligible) will not help us, but a case in High Court or Supreme Court can only stop them.
They are preparing for a case as last option. Let's give valuable suggestion there. Copy valuable suggestion from here. Members here also very knowledgeable and intelligent.
I am not fond of Zerodha now, stopped trading with them after lots of glitches and various issue arrised. Although, I was one of the old customers to them and still have an account with them. I have contacted with their forum members bcoz after all we are traders whether we are part of different forums or different brokers we must fight together.
I suggest, give the valuable suggestion there. After all endless chit chat or voting (as the number is still negligible) will not help us, but a case in High Court or Supreme Court can only stop them.
They are preparing for a case as last option. Let's give valuable suggestion there. Copy valuable suggestion from here. Members here also very knowledgeable and intelligent.
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Point I can think of that can be added:
India's ease of doing business rank is only just improving. We were ranked 130 in 2017 and jumped to 100 in 2018 (source: http://pib.nic.in/newsite/PrintRelease.aspx?relid=173116) The current SEBI proposal goes against the tenets of the ease of doing business because trading is considered as a business. Gains from F&O trades are categorized into the "Business Income" head of the ITR form and it is done for a reason. If the current SEBI proposal goes through, it would be creating a hinderance for all the retail traders concerned, from an ease of doing business perspective. From that point alone, the move is retrograde in nature.
If the other members of the forum can think of other such pertinent points, also suggested by @sanju005ind we can create a structured bunch of logical arguments that would strengthen the case. Over to you guys.
@headstrong007 - if you can please create a google doc where such pertinent points can be first accumulated, we could then fare it into a properly edited document once done. Perhaps you would be advised to create some sort of a deadline by the end of which we can gather all possible arguments.
India's ease of doing business rank is only just improving. We were ranked 130 in 2017 and jumped to 100 in 2018 (source: http://pib.nic.in/newsite/PrintRelease.aspx?relid=173116) The current SEBI proposal goes against the tenets of the ease of doing business because trading is considered as a business. Gains from F&O trades are categorized into the "Business Income" head of the ITR form and it is done for a reason. If the current SEBI proposal goes through, it would be creating a hinderance for all the retail traders concerned, from an ease of doing business perspective. From that point alone, the move is retrograde in nature.
If the other members of the forum can think of other such pertinent points, also suggested by @sanju005ind we can create a structured bunch of logical arguments that would strengthen the case. Over to you guys.
@headstrong007 - if you can please create a google doc where such pertinent points can be first accumulated, we could then fare it into a properly edited document once done. Perhaps you would be advised to create some sort of a deadline by the end of which we can gather all possible arguments.
Hi, the discussion is going on the following thread, where I have shared it, please go through few post there,
http://www.traderji.com/community/t...ticipation-in-f-o.106175/page-47#post-1300942
http://www.traderji.com/community/t...ticipation-in-f-o.106175/page-47#post-1300942
Hi just copy paste your comment in the following thread, it is better than google doc IMO as with TJ platform much more unknown people can view it all and share their view also. Here in day trading thread imp topic related posts are buried down with other posts.
http://www.traderji.com/community/t...to-cut-retailers-participation-in-f-o.106175/
http://www.traderji.com/community/t...to-cut-retailers-participation-in-f-o.106175/
Modi's second term pitch may have weight, but D-Street is not taking it for granted
Read more at:
//economictimes.indiatimes.com/articleshow/65421325.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Read more at:
//economictimes.indiatimes.com/articleshow/65421325.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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