పోలక శివశంకర రెడ్డి

Full-time Algo Trader & Passive Investor | Ex- Chip designer | Karma believer

[Nalini Unagar @NalinisKitchen]

Dear @NSitharaman,

If share trading is someone’s only source of income and they make ₹8 lakh profit in a year through short term trading:

STCG tax: 20%
₹8,00,000 × 20% = ₹1,60,000
4% cess = ₹6,400
Total tax = ₹1,66,400

This feels unfair for people who depend only on trading.

A salaried person earning ₹12 lakh pay zero income tax, while a trader making just ₹8 lakh profit has to pay ₹1.66 lakh in tax.

WOWOWOW.

[Kundan Prajapati @ScholarTrading]

What the hell is happening to the Indian stock market?

Dear @SEBI_India & @NSEIndia @BSEIndia

How many times do you expect traders to rebuild their entire business?

> December 2020 – 50% leverage removed
> March 2021 – 75% leverage removed
>September 2021 – 100% leverage removed

We adapted.

Yes, leverage is a double-edged sword. But thousands of genuine traders with smaller capital were affected. Still, we adapted.

> September 2023 – Bank Nifty expiry was shifted from Thursday to Wednesday, while BSE launched Sensex weekly expiry on Friday. Suddenly, we had expiries almost every trading day.

Many traders, especially algo and 0-DTE traders, redesigned their entire systems.

We adapted.

> November 2024 – Weekly expiries of FinNifty, Bank Nifty and other indices were removed. Only Nifty and Sensex weekly expiries remained.

Again, thousands of traders had to change their strategies.

We adapted.

> February 2025 – Expiry-day margin benefit was removed.

STBT traders were hit badly.

We adapted.

> 1st September 2025 – Nifty expiry shifted from Thursday to Tuesday.

Again...

We adapted.

> Jane Street reportedly made billions of dollars from Indian markets over the years. Later, regulatory action was taken, and subsequently trading restrictions were lifted after payment of regulatory dues/settlement.

How exactly did all of this benefit Indian retailers?

Meanwhile...

- Option STT has increased massively over the last few years.
- Bid-ask spreads have widened.
- Slippage has increased.
- Global volatility has increased.
- Transaction costs keep rising.

We adapted to everything.

And now...

Closing Auction Session (CAS).

Seriously?

Every few months there's another structural change.

Every few months traders are forced to rebuild their systems.

Every few months liquidity takes another hit.

You say these changes are for retail investor protection.

Then please show us the data.

Can you show even one report proving that retail trading losses have actually reduced because of all these interventions?

If not, then what exactly are these constant changes achieving?

Instead of making markets more efficient, you're making trading more expensive, more complicated, and pushing serious traders towards crypto and international markets.

As a full-time trader, my inner soul genuinely cries today seeing the direction our markets are heading.

We survived leverage removal.

We survived daily expiries.

We survived removal of daily expiries.

We survived expiry changes.

We survived removal of expiry margin benefits.

We survived higher STT.

We survived wider spreads and slippage.

Now we are expected to survive CAS as well?

Enough is enough.

I request SEBI and the exchanges to reconsider this rule.

Before implementing such major structural changes, consult the trading community. There should be proper communication, public discussion, and representation from active traders.

I also request every trader to raise their voice through the proper channels. If you genuinely believe these changes are hurting market participants, please send your feedback or complaint to SEBI through its official grievance mechanism. And if anyone from the industry has a direct channel to the exchanges or regulators, please help convey the concerns of the trading community.

Please Retweet this so our voice reaches the right people.

Enough of silent adaptation. It's time the trading community is heard.

@AnilSinghvi_ @_anujsinghal @SarangSood @PRAFULKULKARN18 @adigitalblogger @iarjuntandon @JayneshKasliwal @sunilgurjar01 @piyushchaudhry @SantoshPasi @RakeshPujara1 @TanmayKurtkoti @justnottamomma @AshishGupta325

[పోలక శివశంకర రెడ్డి @shivareddy2209]

Analyse my tweets, profile, and interactions: Gender: Mental Age: Hobbies: Personality Disorder: IQ: Friends: Lover: Qualifying Adjective to Describe Me: 5 Favorite Things 5 Things I Don't Like
@grok

[పోలక శివశంకర రెడ్డి @shivareddy2209]

Aditya Hrudayam ఆదిత్య హృదయం 🌞 - week 15 https://t.co/h3wApac6FQ

[RedboxGlobal India @REDBOXINDIA]

SOCIAL MEDIA SHIFTS FIRE TO E20, STT, LTCG & STCG AFTER EDUCATION MINISTRY ROW

After the Education Ministry controversy triggered a strong public response, social media has now turned its attention to E20 fuel, Securities Transaction Tax (STT), Long-Term Capital Gains (LTCG) tax and Short-Term Capital Gains (STCG) tax, with growing calls for policy changes.

[Anmol Sharma @financebyanmol]

₹30 Lakh Salary → ₹7.5 Lakh Income Tax

₹10 Lakh Long Term Capital Gain → ₹1,09,375 Tax (after ₹1.25 Lakh exemption)

₹40 Crore Agriculture Revenue → ₹0 Tax?

₹7,000 Crore Political Party Revenue → ₹0 Tax?

₹12,000 Crore IPL Revenue → ₹0 Tax?

Why does the salaried middle class keep paying more? 🤔

Why are different rules applied to different income sources?

Who is actually carrying India's tax burden?

Is this really a fair tax system? 🇮🇳

[Fundamental Investor ™ 🇮🇳 @FI_InvestIndia]

Dear FM Madam @nsitharaman ji,

I have said it before. And I'll say it again. Loud & Clear.

LTCG of 12.5% on Equities is one of the Lowest in the World.

But there are a few issues:

1. LTCG was ZERO from 2004 to 2018. STT was introduced to offset the Loss in Revenue. It incentivised long term Investors to Hold on Patiently and enjoy Long Term Returns. I believe that Step was something Golden and rewards Long Term Thinking. FM Madam should reconsider this. Keep STT. Abolish LTCG.

2. STT is already taken for every transaction. This is a tax. Again putting Capital Gain, especially on Long Term Gains is not Ok. This is my Opinion. STT is borne by the investor irrespective of Profit or Loss.

3. We are not against Paying Taxes. In fact, we all Pay Income Tax, Capital Gains Tax, GST, Excise, VAT, Tax on Dividends and what not. The problem is the Freebies which are Distributed during the Elections. This is not at all ok. We don't want a single rupee of our Capital Gains to be used for Freebies. Please.

I humbly request the FM Madam to Abolish LTCG on Equities. Make the Long Term Period 24 months instead of 12 months. You will see Patient Capital 👍

For Indian Investors like me, the Pain is lesser. We will continue to Create Wealth. But what about our FII brothers & sisters. They also deserve to get minimum returns in Dollar Terms.

I feel for the FIIs who have suffered due to declining Rupee and they still have to pay LTCG on Rupee Terms. Something the FM Madam and team should revisit.

I think that it is a good time to implement this. FII no longer control our markets. Domestic Funds are consistent and plenty. If FIIs leave, let them Leave with Head Held High. That is our Responsibility.

India Structually is Brilliant. Let's make it Tax Friendly as well.

Patient Capital will Flow More & Stay, if these Steps are Taken.

A Proud Indian Investor,
#FI

[Gurjot Ahluwalia @gurjota]

In 2029, I will vote for any party which removes

1. STT
2. LTCG

Laadla investors need to become selfish and think about their future as well!

[పోలక శివశంకర రెడ్డి @shivareddy2209]

Aditya Hrudayam ఆదిత్య హృదయం 🌞 - week 14 https://t.co/GDo9jwsZsv

[పోలక శివశంకర రెడ్డి @shivareddy2209]

Aditya Hrudayam ఆదిత్య హృదయం 🌞 - week 13 https://t.co/5Y4JXDo9wG

[పోలక శివశంకర రెడ్డి @shivareddy2209]

fun https://t.co/1I9SGjP0bt

[పోలక శివశంకర రెడ్డి @shivareddy2209]

@VPaasam @PhiloAntonie Thank you so much @VPaasam bro 🫂😊

[పోలక శివశంకర రెడ్డి @shivareddy2209]

@VPaasam @PhiloAntonie Thanks @VPaasam bro , glad u liked it 😊🙏

[పోలక శివశంకర రెడ్డి @shivareddy2209]

@VPaasam @PhiloAntonie Sure bro definitely will sing 👍

[పోలక శివశంకర రెడ్డి @shivareddy2209]

Aditya Hrudayam ఆదిత్య హృదయం 🌞 - week 12 https://t.co/QWclw4kDAU

[పోలక శివశంకర రెడ్డి @shivareddy2209]

@VPaasam @PhiloAntonie Thanks @VPaasam bro 🫂😊

[పోలక శివశంకర రెడ్డి @shivareddy2209]

🕉️ Kishkinda, Sundara Kanda, Chalisa🪷🙏 https://t.co/dfOSU44ndQ

[పోలక శివశంకర రెడ్డి @shivareddy2209]

@sawmi6666 @PhiloAntonie Thank you so much andi 😊🙏

[పోలక శివశంకర రెడ్డి @shivareddy2209]

🕉️Kishkinda, Sundara Kanda, Chalisa🪷🙏 https://t.co/3ExodFix6M

[పోలక శివశంకర రెడ్డి @shivareddy2209]

@OnlyforPeace1 @ramadoota11 😂