Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
17 Apr 2017, 10:36 AM
wow STT is only in india? The rate was set at 0.017% on all Futures and Options transactions. STT was originally introduced in 2004 by the then Finance Minister, P. Chidambaram to stop tax avoidance of capital gains tax. it is really the reason, i think they have decided that no option trader like retail option trader should earn from market so they have introduced stt ? why it is not in other countries? option buying is already risky due to time decay and other factors and if someone is trying very hard and get success in option buying stratagy so now he can earn huge profit like jackpot near expiry but they dont want to allow trader to earn from market ? angry……