The biggest reason for the fall in Rupee is not Indians buying gold or petrol.
The biggest reason is FIIs selling over ₹2L crores in just few months of 2026.
Stop the rallies, come to your office and abolish STT, LTCG, STCG on an immediate basis.
I don't know the exact reasoning behind the increase in STT. Having said that, if the goal was to reduce speculative activity in F&O, then I'm not sure this will do anything.
95% of trading is already in options, and this STT increase will only push that share higher. Why? Because the impact falls mostly on futures, while options are far more speculative than futures.
If the govt wants to reduce speculation, then establishing product suitability (who can trade) criteria is the way to go. I know it's an unpopular opinion, but this will remove a lot of uncertainty among brokers and traders. It's a much better approach than a death by a thousand STT hikes 😬
The other problem with the uncertainty from steady STT hikes is that, at some point, you'll start seeing a material impact on trading volumes because transaction costs make trading unviable. You're already kinda seeing that with futures.
Check the comments.
@Uber_India This charge is legit and should be applied to passenger cancelling after some time after driver has accepted the ride. But is there a compensation mechanism when driver accepts the ride and cancels it last moment making passenger late?
@Vivek_Investor Best part loss maker is also paying the tax. It’s like hafta collection, it doesn’t matter if the shop is making money or not. The don needs his share to protect you from himself.
@pawanaroraleo Sahi baat hai bhai Govt and SEBI mil kar hamari kaat rahi hai. They’ll make rules which benefits them and term it as they are protecting us 🤦♂️
STT is almost 70% of Total costs for Index Futures & 13% for Options
Futures need 7.3 points to breakeven vs 0.82 for options
STT was originally introduced to replace LTCG, now both are being charged on the same transaction.
Now ask your self, why 91% of traders are in loss?
Is it due to speculation or over taxation?
Welcome back Jane street 🙃
Everyone knows the manipulation. One person takes the pain to prove it, SEBI extorts its commission from culprit and takes no action. But keeps making absurd rules — all in the name of protecting retail investors.
@CAHimankSingla On top of that ETT on rise and gst on all these charges . 10yrs back brokerage was concern these days government charges have become a problem