🚨 F&O STRATEGY No. 4 — The Hidden Edge! 🚨
I’ve discovered something super interesting in the Nifty Option Chain and shockingly accurate!📊
🔥 If you want the full setup + entry setup,
🔁 Retweet & Repost this tweet!
And Comment "Yes"
Let’s trade smart, not hard. 💪
#Nifty #OptionsTrading #FibTraderR
Question : what does it even mean that FIIs don’t pay taxes in any other country ? How is that possible ?
Answer : FIIs don’t pay taxes anywhere else in invested country. India is the only major country which taxes them at source. Other countries let FIIs handle at redemption / client end.
GOI thinking : one can claim tax offset.
Why GOI’s thinking is impractical : most fund are simply creating a tax liability at NAV level for India exposure. Many of their clients don’t pay any taxes in end and some do. Hence whole process of tax offset doesn’t work for many and for many others it’s too cumbersome.
Why are we discussing it now when LTCG was done 7-8 years back ( hiked last year) : earlier India performance was okish in dollar terms but with increased treasury yields, Indian tax adjusted 6-7% USD return is not worth operational hassles. Slowing Indian economy has accelerated selling and major fresh investments are anyway unlikely as they can simply move to other APAC or even DM countries.
All this operational hassles was worth only if India was Snow White and other were dwarfs.
In all this talk of India’s golden decade and century and Vishwa guru and what not , we forgot basic that India is still an EM (on per capita basis only slightly above Africa) and hence ignoring a vital source of capital in myopia and arrogance is no less Harakiri than Demot.
We as BJP supporters have given such long rope to incumbent Government that it no longer cares to even fix its own basic mistakes. ( and not to even consider PM/HM/FM giving all those childish statements in run up to elections on PSU rallies / Markets will give an all time high / FIIs don’t matter)
Top 2% India is anyway voting via their feet by sending kids abroad or settling overseas themselves. For rest it’s very unfortunate to have decisive government but now in wrong directions.
Guess the stock challenge.
Darkhorsestocks-: Suggesting only one fundamentally strong company every week.
Join us
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stocks
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Week-1
Guess the stock challenge.
Darkhorsestocks-: Suggesting only one fundamentally strong company every week.
Join us
-Whatsapp- https://t.co/Rl8SXNt983
-Telegram- https://t.co/a5eMKTQNJ2
-Website- https://t.co/PrcMlUBUPf
stocks
#StockToWatch#NSE#BSE#StockMarketindia
@Singh7575 Angad ji, will this strategy work for weekly expiry of Nifty and Bank Nifty with pivot, R1 and S1 calculated for each week from the previous week High, low and close