A Taxing Budget for the Stock Market
As we were approaching the Union Budget 2024, most of us were filled with anxiety over potential new regulations that could impact the equity and derivatives markets. This expectation was fuelled by recent comments from financial regulators and the government itself. SEBI chief Madhabi Puri Buch’s remarks on the surge in futures and options volumes, alongside RBI Governor Shaktikanta Das’ warnings about structural liquidity issues, sparked debates about potential government intervention.
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