Nithin Kamath’s Warning: Why India’s Options Trading Surge is a Symptom of Flawed Tax Policy
How STT is Fueling India’s Options Trading Boom Nithin Kamath, co-founder of Zerodha, argues that India’s Securities Transaction Tax (STT) is the primary reason behind the massive surge in options trading. In a recent post, he stated that the tax is distorting the market by making options trading significantly cheaper than trading in the cash … Read more