Government Says F&O TRADING is GAMBLING?!
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- Опубліковано 27 чер 2024
- Mr PR Sundar shares his views on a recent article published in Financial Express.
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I don't understand sebi logic they are saying option trading increased by 14 time from 2020 to 2024 but they have introduced weekly expiry instead of monthly and every weekday expiry product almost all 22 days in a month has some expiry then they are blaming traders for doing option trading... Is it a joke?
Gvt will buy put options and give this tax good news and sell their options at High prices😂😂😂😂😂
Caring about retailers is just a bahana the real reason is govt wants to increase tax revenue
What about Govt giving license to dream11 betting apps... Govt is not at all concerned about people, it looks after it's own benefit of more taxes...
Absolutely correct 💯
The government should stop Daily Expiry. ONE expiry weekly will be good....
Poda Dai... we need daily expiry
This guy does not do intraday. So he asks government to penalize heavily only intraday traders. If they start banning long term options, he will start crying that the govt is not doing any favour.
He is very tricky and maximum selfish minded mean person
he meens to have a stable and constant income thats y u have to invenst in share
video he is advocating for government policies that specifically benefit his positional trading activities. He emphasizes that his focus is on positional trades and wants the government to create favorable conditions for this type of trading. The entire discussion revolves around how the government can implement rules that support his trading strategy without negatively impacting other traders.
P r sundar sir...we give respect to you...
Why you killing your respect by yourself
❤
Stock market is a casino for Indians...
Addicted traders will lose money in markets...even if you increase tax to 80%...traders will trade because they are addicted...
Whoever looses will keep on loosing and whoever gaining will keep on gaining. Thats how the market works.
If we loose then government should pay back reverse tax...
This govt has only one policy you earn or not no matter you pay only taxes or else you live below poverty line and get all benefits from scheme....the lust for power had made this party to face us situation like sri lanka
You are correct: FIIs are a blessing in disguise for domestic traders. If the market is volatile ,as we are witnessing nowadays, there is no point in extolling that our market indices have reached the apex.
Everything in this life is gambling. What all the businesses are doing is gambling. If government wants to stop gambling it should arrange for everyone to join their spiritual organization and stop all economic activities.
well said..Bitter reality of the world
hahaha noob
very right
very true. No one would have thought like this. Hope Gov understands this.
Nicely said
This is not a valid point what government is implementing.. What nonsense, by Nature Share market is speculations and if somebody loosing his own money, somebody earning the loosers money. This is not a 9_5 job where you work and company will give you salary... Aur jo bhi satta laga rahe hai they're mature enough to loose their money.. Thats their problem why govt is interfering...Aur Dream11 bhi chal raha hai na govt ke permission se..Does they interfere. Wth!!!!
Who told stock market is speculative...except half inlowdge people..
If it's speculative. Every business is speculative and insurence is also speculative.
If govt is really concerned about retail traders they should cut the stt and other taxes to retail tradings.
It is gambling that's why 99% gamblers🎉 loose money and 1% win😂😂😂😂😂😂
😂if u don't have potential.. then don't be hitting fno and cry saying gambling lol
If you are not a intellectual crooked you cannot win in fno
How many of them have studied the market deeply
@@user-zu1xb8dz5p so u r... A
idiots who go blank naked call or put, call it gambling, for people go with hedge will know its business
Why dont Govrt discourage by educating them??? Form a committee or appoint education institutions where they spread awareness about risk and losses ?? Why to discourage by imposing taxes only ?!? I think its only money grabbing in the name of taxes/development of country
You have highlighted valid points. Superb!
Please keep us posted sir
Don't worry sir ..BJP will never come in power after that
Yes I agree
Don't count on logic, it's not economic logic rather communal hatred working these days. Look at last 10 yrs petrol price n common man's living expenses
@@sphb100 Who came to power now in third term?
@@shyneu political haterate going on from freedom of nation . All parties uses this. But BJP hitting normal people economically .Already they damaged retail people so badly that they can't afford more hitting . The results of LS clearly showed this.
@@hrp4566 that depends on many aspects.
All traders should just turn into youtube gurus like this guy. Making up for market losses and high government taxes with youtube money.
in this video he is advocating for government policies that specifically benefit his positional trading activities. He emphasizes that his focus is on positional trades and wants the government to create favorable conditions for this type of trading. The entire discussion revolves around how the government can implement rules that support his trading strategy without negatively impacting other traders.
🙏🏻 Thank you for this valuable update
TDS and converting to speculative income will be a disaster. Gov should focus on increasing STT or Tax from Demat/ Funds Managing more than 10 Cr and keep on increasing till they make net 25% CAGR after Tax/STT. Growth of rich getting richer should be linear not exponential/explosive like 50% CAGR plus like these FII/HFTs achieve.
" Testing waters before taking the plunge ". Coming to the brasstacks, what impact it will have on stock market if F& O tax were increased ? The subject is timely & beneficial for investors.
1000% your said TRUE. Incase in budget proposal, speculation tax applicable only on Indian Residencial, DII will be escaped. Definitely nifty will be crashed 5%. Last 7 years, before budget fno people faced same issues. என்ன கொடுமை sir
In F&O govt planning to increase profit share...if govt really bother about retail traders please make one certification exam..even gvt increase taxes is it saves retailers...it is completely foolish reason what sebi told...still actually what sebi do still nothing benefit for retailers...if really sebi don't want retailers amount first it should stop from trading...all big institutions favouring for big players only...this time option traders making some money compare to earlier...let it show data what retailers loose for last six months to previous....for whom favour it is going to going to do
As you said, banning Intraday, controlling Injection are like saying closure of TASMAC in TN.
All Drama! ;!! 😂😂😂😂
Hi sir.
Speculative business and non speculative business are treated as two different business. Income from both the business shall be computed separately. Expenses of respective business shall be allowed against respective income. If there is a loss from speculative business, it CANNOT be set off against income from non speculative business. Loss from non-speculative business can be set off against income from speculative business.
You have raised a very good point 👌
Thank you sir
They spoiled F1 in India , claiming it comes under entertainment and not sports.Unable to pay the huge entertainment tax F1 left India.
Sundar wants the government to levy higher tax on intra-day trades as he does only positional trading 😆
Shut your mouth. Don't underestimate him he is well known trader. His views went right many times for example 2024 elections his predictions were right and he made 3 crores on the day of counting. You better shut your mouth if you don't want to listen him
He's P R December
@@praveenkampli7992 with your mouth shut, how much did YOU make...😆
Sundar doesn't trade he trains 😎😅
Then they should ban casinos, lottery and all that online Dream11, Rummy Circle etc. Nonsense. We need good FM.
History repeats itself. Harshad Mehta -Stock Market - Prime minister... Now what is going to happen let us see.. Stock Market is carrying high energy of people.. Normally when someone think about huge benefit from Stock Market it will wipe out the Capital Completely.. Even if they are traders or Politicians not different. Now Single Party Majority is not in Parliament. Govt. be carefull before taking any such decision.
20℅ Govt Revenue only going for interest payment
Also, public expenditure needs to increase substantially from current level for infrastructure, defense, health, education, sanitation, shelter, and much more
Govt will not discourage any rich source of revenue like options trade
Anyways some changes likely on taxation front, but that too not substantial
Cabinet ministers are responsible and enlightened souls so they will do what is needed best to serve masses of this country
Have patience
Have faith
Keep eyes and ears open
Correct. Government will not be willing to reduce its share of income from FNO tax from current level. It is easy earning for Government..
They need lots of money to fund upcoming projects as planned
@@mintuindalyt one currection ... no one is enlighted soul...... they are our servents...they eat they poop...like all humans...
😂
Sir i have sold 25300 ce @87 . 6lot august and buy 25000 ce @151. 3 lot / can i hold or square off.
If Income from stock trading is business income then the income from fno should be business income only coz latter is used to protect the former stock trading
Some people (eastwhile called big fishes) are worried about the new big fishes. Those people are trying to frighten the new big fishes. If the changes in taxations really happens, then it will not be wrong to assume that there is some active participants who are very close to the leaders of the present government.
*Actually the speculation is happening.. I understood that's.. Once I'm profitable but today's hitting all the SL... 30% tax only for intraday it's very good* 🔥 *already I'm planning to full positional trade due to this speculation* 🤷♂️🙃
Sir, you are a prominent figure in the Indian f&o trade. If the govt. authorities are prudents enough, they can not avoid your opinion.
Every body should comment against taxation ..
Plzzz
Bro, it’s politically safe to tax traders.
Traders make a very small percentage of voters, so electoral impact zero. But FnO is a cash cow which cannot be ignored by the government to milk. So they will bring it in. The bulk of voters are not involved in stock market.
Good suggestions
U r right sir 😊
Primary use of Option is for hedging. Rather than that it is now being used for gambling/speculative trading. You have already said how big hedge funds are temporarily spiking prices (injection) to trap retailers. In US, small accounts cannot do F&O trade without hedging. I guess you also agree that some checks and balances are required.
Options cannot do hedging properly
@@virajharimkar7783 then you need to learn how to use options for hedging
you are right but 🤔🤔 then Saving the market also could be difficult. example - 10 people shorts sbi with 100-100 corers, then sbi can only deploy 100 corer at a time against 1000 corer. right?? it will not going too work.
Sir, Any impact on tax heaven and double taxation avoidance?
Sir any one plz which is better i dian or forex ? Plz thanks for good information
predictive next minute move is less speculative and more data based than predicting next year moves. Leaps are total speculation, intraday is purely data and current movement basis.
Price moves are fractal in nature... but exit polls fiasco on stock market is pure speculation... not done by intraday players...
To save retailers and to stop big manipulations, profit more than 10K per day will pay tax. But profit below 10K per day tax free.
I have been a keen observer of your content for the past four years and have always appreciated your insightful analysis. However, I was surprised to see your recent conclusion about the possibility of intraday trading being stopped forever. With all due respect, I think it may be overlooking a crucial aspect of financial markets.
If intraday trading were to be halted, it would significantly impact liquidity provision. I kindly request you to consider the importance of market makers and intraday traders in providing liquidity to the markets.
😁😁in short I think you are not aware about the financial markets liquidity concept please study more then jump
But at some other discussion, this news was considered as a paid news in favour of Big Fishes. Till now I have never heard a govt official talking about such taxation.
My dream to be like you.. just washed away a little further. To achieve this dream..I need to feed even the government Now!
All Domestic and. Indian Retail traders should form a "Traders association", we are paying taxes .so with out our concern Govt should not implement new taxes or increase existing taxes. But Traders group or association is must to protect retail traders and investors.I request sunder sir Pls initiate this step , I think he is deserved person for this. Thank u.
Will have to wait and see what is the official announcement by fm. These days anything is being spread. And markets may not react as much as people speculate.
For such regulations to take effect, The Finance ministry should be separate from the Stock market ministry.
Restricting the intraday trades in F&O is the worst idea given by Mr PR sundar
Yes sir, your prediction right. Retail traders will suffer more than now.
Weekly expiries is one of the major cause for high F&O volumes. This needs to be done away with. Also, people who hedge against their stock should be charged very low charges and maybe no STT. NSE should link their demat accounts with F&O positions and charges by NSE and broker should be levied depending on whether F&O is being done to hedge or to speculate. People who speculate should be charged more in taxes as a disincentive.
I think the govt should identify NRI's and FII's who make profit in india and pay no tax anywhere. They are the one's who should be taxed to the max so that they pay their due share.
Changes required sir, f&o highest in stock market transactions but same time heavy losses attained, Only mutual fund organisation will do allow for hedging for their businesses, any one single rupee not to loose if sebi rules modified as per available smooth sail.
that's indeed a brilliant idea
Set off of losses under speculation business can be carried forward for only 4 years which us 8 yeras in case of normal business
Areee! All you guys whining about this. Being in the market always apply the Demand and Supply theory.
If the Govt imposed higher taxes in fno, stop trading just for a month the govt will realised how much they are loosing.
Same goes to any commodity price, if theere is a price hiked in petrol and diesel, just park your vehicles at home for just 4 days you will see how effective the price will come down easily.
The power of price control is always with the customer if we come together and have enough courage to protest by shutting down demand at one go.
With the Indian population i have a feeling this will significantly be highly effective against these tax terrorists.
They could simply allow some leverage in futures and lower charges for futures trading and options will automatically lose a lot of traders.
Why to ban intraday?..are you naive Mr. Sundar?...so many people make money of it with hedging strategies.Naked option trading is what is dangerous.
Govt. Will collect tax from us and give it to "adani" directly or indirectly
it sounds really nice
OUT OF THE BOX INFO FOR RETATAILERS THANKYOU SIR
Government should ban whole FNO, for both selling and buying in this case .. people with big money easily do selling as all strike price mostly goes down to zero on expiry.. this is also easy guessing and easy money for then.. buyers take more risk then sellers. May be they should allow real investors who hold actual stock for long time to do FNO trading to avoid this huge volatility
sir your suggestionon is not for Indian citizens very good keep it up sir we are all left out from India and 1% people stay with family enjoy
The only solution to the injection by sharks which hunt both options sellers & options buyers is to make a simple change in the manner of computing the closing price of the stock / indices. Currently the closing price is computed @ the last 30 minute weighted average. This can be increased to a days' weighted average. In this way no group will have the ability to change the underlying closing price. Although the current price will move sharply, the projected average closing price will move slowly and consequently the impact on the option prices will also be slow. This will protect both the option sellers and buyers.
30 percent fine for speculative news should be charged against news channel
Reduce income tax upto 10 or upto 15lacs, there should be no tax
Stop weekly expiry
Encourage people for investing
End of all problems
I was able to grew my principal capital to 7800% buying options. If you follow the right process you win.
Banning intraday or imposing higher tax on intraday is not the solution, but removing weekly expiry is. This sudden movements can be stopped and this will give a realistic expectations to the traders that zero hero ia not sustainable. Imposing higher tax simply shows the government doesn't give a shit about it and simply is greedy. Not gonna vote bjp if they think icreasing tax is the solution for every issue.
If it is a sea, one fish eats another no one should restrict another..as a nature's call
Can we take long strangle position in July month
When is the budget date
It is gambling. Plain and simple. Better create an environment of long term investment. Better for the person and the country.
Trading is an Elite club. Nowadays all Tom, Dick and Harry started trading that this Govt doesn't want or wanted - A normal people should only sell Onion pokadas outside the Zee studio
Everyone says 90% retailers are loosing money with in an year but no one is taking about is it possible to become profitable in an year? Ask sebi members to trade and become profitable in an year
Put restrictions on FIIs in options & futures trading. 50% of profit generated must go to FDIs. This will generate jobs in India and money will stay in India.
அருமை
sir budget removes capital gain tax . trading income comes under personal slap
I also refer this movie every time in my arguments , print media will tell the truth in small paragraph but full story covers what they want to impress on you.I refer one big article about chinese premier fight against corruption but in small paragraph they said he use this tool to eliminate his opposition. The last line is true but full story covers how he eradicate corruption.
Good potential stocks are still underperforming for this fno... Bez big players are making money withis stocks using fno.... Or shd be stop stock fno atleast...
when we are paying tax here, FII has to pay tax for the money they earn here. why they should not, what ever may be market will not close
Govt is not worried about any retailer or investor... It's just trying to make more money by increasing taxes... Rest is drama govt is playing
We will do one thing that we recommend pr sundar to be appointed for sebi as advisor. All rules for him should favor.
How can you say long term options are less risky than short term. I didn't get the logic.
If govt. made this much rule based stock trading then .. the flavour of stock market would vanish... Then there will be no trading itself as it will be like as similar as other businesses.
This government doesn't realize that options trading is not unique to india. How are they going to tackle fii and dii hedging?? What does this mean to mutual fund investors ,where the funds are hedged by AMC, increasing in expenses? Ridiculous.
Already for each transaction- there is tax like STT etc.Even for peak margin penalty there is 3 % tax.Then why the hell more tax ?
Sleeping partner is sleeping happily and earning and all the risk is for aTrader. This marriage is unfair.
Speculative income should be taxed for all to protect local small retailers
NRI are not allowed to do intraday, even today !! Please check and comment.
People have gambling mentality that cannot be changes through higher taxation or other measure. if sebi put an end to derivatives than that money will flow to other segment for speculation purpose. once u r gambler that always u gambler until u have zero money.
if its declared as speculative tax then we cant use hedge.
Welcome to the world of OTC market ❤😊
the more the participation the more would be the efficiency some one from the county should i guess step up and provide content in regional languages so that its easy for the people to understand the concepts. These decisions are what making us a third world country i think it would be wise to use this to our advantage by providing abundant knowledge proportionate markets with a good borrowing rate instead of punishing the people to be born in the country.
If you are allowing market economy, it should be totally free play. Let the robbers and thieves and criminals all try their hand
sebi should take advice from u sir