Monday, February 28, 2011

Pranab Increased Security Tax on Stocks?

What is courage?

Courage is what it takes to stand up and speak , courage is also what it takes to sit down and listen, all the investor, jobbers, arbitragers, speculators and day traders are courageous , who are paying high transaction cost, have they asked question to themselves that why they are paying so high transaction cost in the form of STT (security Transaction Tax) tax means we are paying some form our income to our country but we are not paying tax on our profitable transaction but also on loss transaction, because we are courageous, our positive (non violence) courage takes us to sit down and listen whatever is enforced on us by Finance Minister. Our negative courage(violence) takes us to not to stand up and speak up.

Now let us sit down and listen to the FM in this budget and accept the STT forced on us and generate more volume towards the betterment of our country even though you are not earning. I should salute all of you for showing your courage for today`s record high volume on F&O expiry of 24 feb 2011.

What we are getting in return protection on border or common wealth game scam and 3G scam or giving luxurious life to our politician

Regards

Kalpesh Patel, CEO Northpole s&c pvt ltd.

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