Why is the Govt. is charging STT, even for the loss-makers? Do you really support STT as a trader?
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The union govt. is really behaving harshly on traders. There are more than 95% of traders making losses in the stock market. On top of that, the Securities Transaction Tax is killing like anything.
I think the govt. will consider this only when they get a revolutionary reaction from the trader’s community.
Securities Transaction Tax is really hurting the retail traders. Govt. is very harsh on traders. I think no other countries are charging taxes on people who lose their capital.
The Govt. should consider this request and remove the STT.