On February 1st, Government will present an interim budget for the period till New government takes charge (2-4 months) and not an annual budget.
Let’s use this thread to track all the relevant updates and information from the event.
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Our LTCG is amongst the lowest in the world. Either the rate might increase or increase the duration to 5 years. That’s my hunch
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STT was meant to make up for LTCG ( which is unfair imo).
But once we have a tax, govts can’t give it up, fair or not. So now we have both and yeah based on last 10 years, taxes on markets will keep inching upwards.
Doubt if govt do anything negative before elections
Budget does not decide or change GST rates.
GST council decides GST rates and changes can be done any time of the year.
One less thing you have to worry about in budget 
FII continues heavy selling in india - , they look better in USA -
if HDFCbank And ICICI bank TEch Mahindra holding in these stock are above 40% FII holding if any this brudent selling then indian market will be free fall - so only any bad action in the world happen our market will react faster then any other market, because of FII
Whatever Nirmal sitharaman told DII are shock absorver now - Its all Not True
FII And DII money power is diffrent - we cannot compare there strength of FII with DII
Even Morgan stanly told World Most Expensive Market is Indian Market - thats giving a caution on our market