Comment on Uniform Stamp Duty from Jan 9th, 2020

Kartikbhai commented on 06 Jan 2020, 11:01 AM

Scalpers who were residing in states which had a cap on maximum stamp duty per day per contract note, will be negatively affected, as the Maximum Stamp Duty per day irrespective of number of trades feature is removed, eg Haryana had INR 200 per day Stamp Duty irrespective of number of trades. No Haryana trader who trades Futures , will pay INR 200 per crore, in such case Stamp Duty will shoot up easily.

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