Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)
commented on
18 May 2016, 02:32 PM
Hi Within,
In this article, you have mentioned:
Demerits: If traders are looking to convert intraday positions to delivery, you need to keep in mind that STT (Securities Transaction Tax) will go up almost 10 times if you decide to keep your intraday positions overnight.
By the above statement, do you mean evertytime we convert Intraday stocks to delivery, we need to pay 10times STT?