Comment on ZT-Position Conversion

Raj Shelat commented on 21 Jun 2016, 10:13 AM

Thanks for your revert. As per below link,

BTST/ATST( Buy/Acquire Today Sell tomorrow)

it mentions details as below:
“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.”

Can you please explain above lines.

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