STOCK MARKET & TAX BURDEN:
Indian investors are subject to various types of taxes and charges as under:
➜ STT — Equity Delivery: 0.10%
➜ STT — Intraday: 0.025%
➜ STT — Futures: 0.05%
➜ STT — Options: 0.15%
➜ LTCG: 12.5% above ₹1.25L
➜ STCG: 20%
➜ Dividend: Taxable in the investor’s hands
➜ 18% GST on Brokerage & applicable services.
➜ Stamp Duty + SEBI/Exchange charges.
The overall burden of taxes and charges should be reduced, which will greatly benefit for everyone.
➜ Liquidity ↑
➜ Trading participation ↑
➜ FII/FPI confidence ↑
➜ Market volumes ↑
Lower friction + stable policy + earnings
= Stronger market environment
Not a Buy/Sell recommendation. Do your own research because I’m not Sebi registered.