Corporate tax on foreign companies reduced 
As expected.
STCG: 20%
LTCG: 12.5%
STT: 0.1%
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STT is 0.02% ?
So logic is - most people lose. Also most of what they lose is in transaction charges generally.
So lets increase tax even more …
Was STT for cash increased ?
we can still deduct tax under speculitive income correct ?
but then for someone like me with a salary now tax has been reduced so for us who trade alongside its the same thing like last year 5% reduced there 5% increased here, technically a 0% increase/decrease
after adding capital to trade , selecting stocks and bear the pain (loss ) ,when in profit to pay increased stcg to 20% , flat fee news from sebi so 20 rs or .2% brokerage , even if total income below 7L ,have to pay the special tax @20% ,going to be very tough
I already told this BJP govt willsupport only corporate - Middle class always slaughtered
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yes. lets milk the dead cow even more.
but one good thing is they did not change fno as speculative income like people have rumored. so we can deduct these charges from profit.
we can deduct for speculative too. Stocks intraday is already in that category. Charges related to trading can be deducted, but you cannot adjust losses against profits in non speculative.
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you can deduct internet bills, hardware for trading etc too.if you have a office you use that too.
People still seem to buy on dips ?
yeah that’s common now, probably lead by Mutual funds. Even tiny falls gets buyers.
There could be a feedback loop too, Mutual funds buy on dips due to sip flows, fiis no longer dominant to counter that, apparent risk seems low because of bounce back, people put more money into Mutual funds. Just a possible theory, dunno.
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not this time , if todays high not crossed tomorrow then 23650 in coming days , just my intution says 
let see
Indexation removed from real estate too, pretty shitty move for long term owners, esp if gains are modest or below inflation. Capital erosion rather than formation here …
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Done. Closing basis hardly anything. 
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Yes, those who had properties in good locations (top elites) are benefited, but those with not so good locations (majority of the population) will hardly get any returns after removal of indexation.
Earlier in 2019, Corporate tax decreased. Now tax on foreign companies decreased form 40% to 35%. But these corporates didn’t provide much jobs in return.
BJP govt. is definitely a pro corporate government and with a single motive of increasing and imposing new taxes wherever the money is flowing. High crony capitalism and leeching the hard work of Indian middle class only to get the votes of the people at the bottom of pyramid. Also sending message that start a business (take Mudra loans) and discourage jobs.
Indian middle and upper middle class need to do some serious introspection before voting nex time.
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Some of the economic data review points presented yesterday were very realistic . Points such as unemployable youth and Indians over 65% having no skills to be employed. I’m wondering what the edtech startup’s such as byju and unacademy and few others doing ? Just milking money out of youth and throwing all “introductory” courses than teaching complex concepts?
The youth upskilling and employability are very important to push country forward pace in coming years. This is one of the best investment that govt can do with tax payers money.
All are angry now - Those who vote BJP suffer and those dont vote angry like never before
Waste Govt - Waste PM FM
Winner is Nitish Kumar and Chandrababu Naidu only
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Increasing Tax year on year in this poor country - what we will do -
I love Dubai And some country - they never see your pocket
In India Fm tear our pocket forcibly