Bad policies are often easier to introduce than to withdraw, because rollback comes with an admission of failure.
So ego and reputation get attached to policy, and suddenly defending the mistake becomes easier than correcting it.
Some these people would rather watch the consequences compound than own the error.
Why is STT still charged when entering a trade?
Even if a trader ultimately makes a loss, there is no mechanism to recover the STT already paid.
When STT was introduced, there was a justification for it. STCG was lower than slab rates and LTCG was effectively nil. So STT was accepted as a small, simple trade-off by investors and traders.
But today:
• STCG is taxed at the same rate as other asset classes
• Dividend income is taxed at slab rates
• LTCG is also taxed
So what is the justification for continuing STT at the same time?
If the original rationale for STT no longer exists, shouldn’t the Government reconsider it?
More importantly, what safeguards the retail trader or investor when the playing field is becoming increasingly unfavorable?
Regulations keep evolving, but are they really protecting the ordinary retail participant, or are we creating a market structure that increasingly favors HFTs and FPIs over normal retail traders?
Retail investors should not be treated merely as a source of tax and transaction revenue.
#Srinivega
@JioCare@reliancejio Zero JioFiber network for the last 15 days! Daily calls only get the same "maintenance work" excuse with no resolution. My work is completely affected.
Fix this issue immediately!
@relian
A frustrated Trades outburst -
What is the defence against you guys.
@SEBI_India@NSEIndia@BSEIndia@FinMinIndia
You are our biggest enemy.
Total circus.
First, only two expiries.
Then daily expiries.
Then again two weekly expiries.
Than Margin rules - Different margin on different days. And so much more...... List is so long.
Then this CAS.
Do you guys even know, what you actually want.
Doing all this circus in the name of protecting retailers.Which by the way never asked for it.
We can protect ourself.
You please focus on what is your actual job -Make markets fair and efficient.And smooth operation.
#OptionsTrading #trading #nifty #sensex #stockmarket #trader #SEBI #NSE #BSE
Some traders think,
"I don't trade expiry, so CAS doesn't affect me."
Markets are ecosystems.
When one part loses liquidity, every other part eventually feels it through wider spreads, poorer execution and changing behaviour.
No disruption stays isolated for long.
#RollbackCAS
So what I have understood is, its like a T20 cricket match where in the 19th over everyone's TV will stop broadcasting the match, and after sometime the results will be announced and we have to accept the result
😅
#rollbackCAS
Extrmeme disappointed with @Uber_India@UberIN_Support A female family member booked a ride in Ahmedabad,the driver refused to move forward after arriving.he misbehaved and rudely said, "Cancel kar do, meri marji main jaau ya na jaau." Highly unprofessional & unsafe behavior!
@ShoonyaApp again glitches my trade not get executed early and after it went to 50% below it directly showing in my position i try to contact shoonya care but no one response on time who.will responsible for my loss?
@SEBI_India@fin