Day Trading Stocks & Futures

travi

Well-Known Member
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
yes, that was the usual approach but now they will have to borrow more and juggle with increase in deficit :)
 
Seems upstox down again for over an hour now. Trending on twitter. Lot of people with open intraday positions.

Curious if Upstox themselves will be able to square those positions EOD
 

vikas2131

Well-Known Member
*Agri cess of Rs 2.5/litre on petrol & Rs 4/litre on diesel
*Agri infra cess of 2.5% on on gold, silver & dore bars
*Agri infra cess of 100% on alcoholic beverages
*Agri infra cess of 17.5% on crude palm oil

Agri infra cess of 20% on crude soyabean, sunflower oil
Agri infra cess of 35% on apples
Agri infra cess of 1.5% on coal, lignite & peat
Agri infra cess of 5% on specified fertiliser (urea etc)
Agri infra cess of 40% on peas

Agri infra cess of 30% on kabuli chana
Agri infra cess of 50% on bengal gram/chick peas
Agri infra cess of 20% on lentil (mosur)
Agri infra cess of 5% on cotton (not carded or combed)
*New agri infra cess to be applicable from February 2, 2021
 

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