@nithin can you shed some light on the developments regarding this?
Yeah, the associations (including us) have been requesting, but I doubt anything will happen.
maybe strike might be solution
Hopefully brokers find some way around this
In 90s brokers controlled whole market, now even sebi is doing powerplay with them.
Times have changed😀
I think instead of completely killing leverage Brokerage firms should try for 5 times leverage across the board. SEBI should be warned about the tax short fall that is going to happen due to no leverage in Futures. Only big players will do the trade in Futures and they are every scrawny with paying taxes