SEBI's new move to cut retailers participation in F&O!

[okabira]

Maybe a case of jumping the gun till the details are available. But ok, if a petition is filed on Change.org, I'll sign it.

how to sign petition ?

 

[okabira]

anyways ...
margin limit by ITR is just an excuse to shift retailers to equity and pay more tax + gst

newbie trader taking 1 lot , 5-10 lac position in fno will be shifted to equity side..
imagine amount of tax payable to govt.
profit or loss -- pay more tax in ITR.

you see..

when you make profit .. i would love to eat your cake
when you make loss .. i would love to eat your future cake .. lol

they want you to be sucked to core.. why would they remove STT when they are getting free monies.
not every one makes 1 lac+ / month

bjp-has-merely-renamed-19-out-of-23-congress-schemes-
https://www.thequint.com/news/india/bjp-has-merely-renamed-19-out-of-23-congress-schemes-report

Data Shows India’s Employment Slumped Between 2014 and 2016
https://www.thequint.com/news/india/indias-acute-job-crisis-employment-slumps-between-2014-and-2016


As i said ... previously
I am not anti mudi or to any party .. but I hate when you get promised but fail to deliver

BJ says Con did nothing ?
really . ?? have a thought ..

but i am not pro con either..
failing to accept that frauds and scams did happen and looted public is also not acceptable


not going to vote for bekar janta party..definitely
tough to vote in next election..

 

[Novice30]

Good News, protest from brokers already started.

https://www.livemint.com/Money/b73S...-decision-to-make-them-responsible-for-r.html

Brokers are considering to send a representation to the regulator saying that the regulator’s proposal is impractical and unfair. They said that this will make the broking business which is struggling under low margins even less lucrative.

Unfortunately, mainly BSE group of brokers are supporting it. But NSE group brokers are not the weak force at all, new age discount brokers get major F&O volumes from NSE.

The brokers are only protesting that the onus of verifying trader income has been put on them.

If tomorrow SEBI increases lot size and/or creates a new agency to verify trader income, what will the brokers do?

This govt. is the worst in recent history and needs to be shown the door in the next elections.

 

[headstrong007]

This Govt is continuously sucking more and more taxes from Indian People.
Example:-
1. High tax burden imposed during the start of BJP still not removed.
Petrol prices on last Tuesday hit the highest level since the BJP government came to power in 2014, and diesel touched a record high of Rs 63.20 a litre

1. Swachh Bharat Cess and Krishi Kalyan Cess imposed just after starting the Govt.
Then it is replaced by much higher GST. For ONLINE trading when traders are using self-service mainly, 18% is the service tax!!!

2. GST - The Tax Nightmare. 2ND HIGHEST TAX in the world.
https://www.livemint.com/Politics/9...t-complex-and-second-highest-tax-rate-in.html

3. Then, the imposition of long-term capital gain LTCG TAX @10%. But Govt doesn't abolish STT, such immoral dual taxation happened only in India. 10% TAX on the mutual fund, dividend everywhere!

4. Now Govt eyes F&O volumes. Govt wants to shift F&O traders forcefully to collect some extra STT using SEBI!

Disgusting! This Govt is hurting common people even more in the name of TAXES, than what prev Govt did using frauds and scams!!

There is new edge Hawala scam in the name of NPA of Banks:- Nirav Modi took most money in past 2 years only.
Worthless Govt obviously need more taxpayers money(direct/indirect every possible ways) to fill up the BANKS!

-----------------
Today another news come from ICICIBANK. It is obviously clear that Top management of Banks are involved in behind such NPA drama!

http://indianexpress.com/article/bu...n-loan-icici-bank-chairman-mk-sharma-5116781/

 

[RockyRobust]

These last 4 years have just been so anxiety prone for the people of India. I do not remember when last time Indians felt worried about their savings so much. Today we sit in communities and the prime talk is about how to manage money so that it doesn't vanishes.

 

[Pankshri]

How the Govt. and SEBI thinks that any trader can be profitable in no time.... We all traders know that it takes time to get experience and than being profitable... Their motive is simply to discourage the retail traders from doing something on their own, instead they want the retailers money to go to the big players and more income for them and the Govt. . This Govt. only talks of self-employment as an excuse to unemployment. They are actually breaking the backbone of the young Indian entreprenures by bringing something or the other (including de-mon, badly drafted GST etc.).

 

[Pankshri]

just forgot to mention - guys lets sharpen our skills on PAKODA making instead of technical and fundamental analysis...

 

[Just-Trade]

just forgot to mention - guys lets sharpen our skills on PAKODA making instead of technical and fundamental analysis...

And thats what this Govt has been trying to say to the small traders. Shit Govt! Cant provide jobs n asking people to go for self employment like selling pakoda n tea.

Just-Trade

 

[okabira]

Rupani: Will pursue process to rename A’bad as Karnavati
https://timesofindia.indiatimes.com...me-abad-as-karnavati/articleshow/63536606.cms
come on now .... what a foolish and dumb tea stall govt.

no work other than changing names ?
gurgaon to gurugram ...
kanpur - Panki Dham .. wtf ?
IAF gorakhpur - Gorakhnath Mutt?
Elphinstone Road railway station to Prabhadevi ?

No damn steps taken in interest of public ..
naam badloo party.

acha hai london idahr nahi...
warna londoor rakh dete yeh log !
aur new york ko new yogi !!

pls. dont change India to Jambudvipa
for heavens sake

 

[okabira]

This Govt is continuously sucking more and more taxes from Indian People.
Example:-
1. High tax burden imposed during the start of BJP still not removed.
Petrol prices on last Tuesday hit the highest level since the BJP government came to power in 2014, and diesel touched a record high of Rs 63.20 a litre

1. Swachh Bharat Cess and Krishi Kalyan Cess imposed just after starting the Govt.
Then it is replaced by much higher GST. For ONLINE trading when traders are using self-service mainly, 18% is the service tax!!!

2. GST - The Tax Nightmare. 2ND HIGHEST TAX in the world.
https://www.livemint.com/Politics/9...t-complex-and-second-highest-tax-rate-in.html

3. Then, the imposition of long-term capital gain LTCG TAX @10%. But Govt doesn't abolish STT, such immoral dual taxation happened only in India. 10% TAX on the mutual fund, dividend everywhere!

4. Now Govt eyes F&O volumes. Govt wants to shift F&O traders forcefully to collect some extra STT using SEBI!

Disgusting! This Govt is hurting common people even more in the name of TAXES, than what prev Govt did using frauds and scams!!

There is new edge Hawala scam in the name of NPA of Banks:- Nirav Modi took most money in past 2 years only.
Worthless Govt obviously need more taxpayers money(direct/indirect every possible ways) to fill up the BANKS!

-----------------
Today another news come from ICICIBANK. It is obviously clear that Top management of Banks are involved in behind such NPA drama!

http://indianexpress.com/article/bu...n-loan-icici-bank-chairman-mk-sharma-5116781/

1. Swachh Bharat Cess
2. Krishi Kalyan Cess
3. GST
4. LTCG TAX @10%
5. Now Govt eyes F&O volumes
.
. continuing.

6. lpg subsidy
7. paying fuel taxes even when CL was trading at 2300/ barrel.
----- you see now ?? CL is trading at 4000 ...
i bet theses idiots would not had purchased CL to increase reserve.
because they were busy using R taxes to fuel their own elections !!

8. Rs 221.75cr Clean Ganga Fund remains unutilised --
that you leave.. tell me what significantly drastic change happened to ganga ghats .. and to city varanasi ?
Clean Ganga project fails to make progress
https://www.thehindubusinessline.co...ect-fails-to-make-progress/article9996997.ece

9. tell me with whose money mudi trips to holiday vacations ?
I am not telling its not necessary .. it is very well needed.
but how many foreign institutions have opened till now ..
and doing business ?

How many countries have you seen advertising themselves to invest in them ?
Think..

You need advt only when you have new product (Which isnt the case ) or your product is not reaping profits. (this is the case)

calculate mudi failed trip ratio , MFR = no. of successful business started / no. of foreign trips for 'INVEST IN INDIA"

Ideal should be 1/1 = 100 %

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Suppose you are owner of an MNC company and you need to open factories in INDIA .
whats taking so long ??
You all know How Dubai and Singapore sky rocketed their economy with development .
cant we have have their models ?
No .. we will change cities name first .. then will think about development.

black money lana toh door ki baat hai ... baki jo bacha tha wo bhi gaya
You are in center .. you have authority .. you have all controls ..
how can 2 people evade .. ? no control on people leaving India ..
then what about curbing terrorists invasion then ?
How how how ?
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