Day Trading Stocks & Futures

ok .. this is simple question and i do not want to open another thread.
- If you have stock future on expiry ..or an itm option and if you dont cover ..
will it be auto closed according to stock closing price ?

if the new stt rule already implemented ?

anyone pls :)
depends on stocks, some are cash settled and some for physical settlement.
 

siddhant4u

Well-Unknown Member
Maha to ensure 80% jobs for locals, block GST refund to non-compliant firms

https://www.business-standard.com/a...0-pc-local-employees-rule-119080101574_1.html

The Maharashtra government would soon issue an order whereby GST refunds would be blocked if an industrial unit fails to submit proof that 80 per cent of its employees are 'sons of the soil' as required by rules, it said Thursday.

Industries Minister Subhash Desai said a new Government Resolution (GR) would be brought in for this purpose. It would also apply to recruitment of contract employees, he said.

If needed, Maharashtra may contemplate bringing a law, on the lines of Andhra Pradesh, to ensure that local people get certain proportion of jobs in industries, he said.

Maharashtra was the first state to frame a rule in 1968 that all industrial establishments should hire at least 80 per cent local people, Desai, a Shiv Sena leader, said.
 

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