Algo on Fire 🔥

Volatility Started 😂😂

STT INCREASE ON F&O

FIN MIN SAYS SECURITIES TRANSACTION TAX ON FUTURES AND OPTIONS TO BE RAISED TO 0.02% AND 0.01% RESPECTIVELY

NEW TAX REGIME

Standard deduction at 75000 vs 50000 earlier

Tax rates changed in New Tax regime

0-3lakh - Nil
3-7 lakh -5%
7-10 lakh -10%
10-12 lakh -15%
12- 15lakh -20%
Above 15Lakh -30%

Capital Gains Tax:

Short Term now 20%
(instead of 15%)

Long term now 12.5%
(instead of 10%)