When will T+1 settlement start?

[ShubhS9]

@Joe_pk

Earlier Pre 2019, when I do intraday trade, the profits used to realised instantly and I was able to trade with the added profit on the very same day. What is that called ? OK T+2 and T+1 are for delivery but why this option of instant settlement for intraday stopped ? Instead of being progressive why regressive?

As per SEBIs upfront margin requirements, intraday profits can only be used for trading once settled. The settlement takes T+2 days in equity segment and T+1 day in the F&O segment. You can check out more details here: Changes in margin requirements from 1st Sep, 2020