ViGNESH BABU

[ViGNESH BABU @MJOLNiR_Mk5]

@nishant411990 @saketh1998 I second this.

[Domino's Pizza UK @Dominos_UK]

PlayStation thought the game was called physical and had to back out

[PRAFUL KULKARNI @PRAFULKULKARN18]

Not to make it political, but BJP has taxed the capital markets to a point of crippling it.

LTCG, indexation removal,STCG hike, STT hike, dividend tax-in their greed to milk the most from markets, they've effectively killed the golden goose.

[ViGNESH BABU @MJOLNiR_Mk5]

@t0mbfx Bonds

[ViGNESH BABU @MJOLNiR_Mk5]

@TraderDiegoX Risk

[ViGNESH BABU @MJOLNiR_Mk5]

@TraderFlameseN Pdf

[Neha Nagar @nehanagarr]

You make a loss; You make a profit.
The govt doesn't care. They just want your money.

I am talking about Securities Transaction Tax (STT).

Whether you buy a stock or sell a stock, you have to pay this tax. It doesn't matter if you make any money on it or not.

You have been taxed just to carry out buying and selling.

This has been challenged in the Supreme Court of India.

- 2 Grounds of challenge:

1. It violates the principle of double taxation as you have to pay apital Gains Tax on the profit and STT paid for the same transation.

2. STT violates fundamental rights to equality and to trade or earn a livelihood and the basic right to live with dignity.

SC has sent a formal notice to the central govt and asked for a reply.
What do you think? Should STT be abolished for real?

[ViGNESH BABU @MJOLNiR_Mk5]

@Alikhan_tpt Crt

[ViGNESH BABU @MJOLNiR_Mk5]

@Alikhan_tpt Turtle soup

[ViGNESH BABU @MJOLNiR_Mk5]

@SirPickle_ 1

[ViGNESH BABU @MJOLNiR_Mk5]

@SureshFX3 Pdf

[Saketh R @saketh1998]

Just discussing with a friend how this could play out –

Step 1: Weekly expiry is removed
Step 2: Order volumes drop sharply
Step 3: Small brokers start shutting down
Step 4: Big brokers hike brokerage to stay afloat
Step 5: Reliance enters with 0 brokerage
Step 6: Traders shift to Jio Broking
Step 7: SEBI brings back weekly expiry

[ViGNESH BABU @MJOLNiR_Mk5]

@ashikruben369 Pdf

[ViGNESH BABU @MJOLNiR_Mk5]

@propfirmeye @GoatFunded @EdwardXLreal #GoatFunded

[ViGNESH BABU @MJOLNiR_Mk5]

@XauusdHunter @deebackali @viveknathsj @vasyler
Free 5k

[ViGNESH BABU @MJOLNiR_Mk5]

@ashikruben369 PDF

[ViGNESH BABU @MJOLNiR_Mk5]

@zaruww PDF

[ViGNESH BABU @MJOLNiR_Mk5]

@SayLessFX 5k is enough for me

[ViGNESH BABU @MJOLNiR_Mk5]

@SureshFX3 @the5erstrading @KomeTrades @deebackali @viveknathsj @RoshaOP

[ViGNESH BABU @MJOLNiR_Mk5]

@_aytrades @XYJtrades @GxTradez @ttrades @TTrades_edu Checklist