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assume day trading is 700 Millions and 250 days trading per year
total turn over for Year =250*0.7 =175 Billion
assume 10% capital gain from this turnover. practically its very low value but we can assume it.
CGT = 175 * 10% *( and CGT 10%)
= 1.75 Billions profit
then capital losses compensation will be 500 - 750 Approx.
so then if they remove STL = 175 * ( 30 cents one side STL)
STL = 175 * (0.003*2)
STL = 1.1 Billions
if they introduce CGT and remove STL. then they will loose sure 1.1 Billion and get unsure 1-1.25 Billions
and punch to CSE. this is stupid idea.
CGT for Lands that is ok. bcz Land price always going up.
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dont forget this. I believed my blood color is green but slowly slowly its going to change and become Red again. Be careful Mr Ranil. there is plenty of people like this. try to correct your mistakes.
total turn over for Year =250*0.7 =175 Billion
assume 10% capital gain from this turnover. practically its very low value but we can assume it.
CGT = 175 * 10% *( and CGT 10%)
= 1.75 Billions profit
then capital losses compensation will be 500 - 750 Approx.
so then if they remove STL = 175 * ( 30 cents one side STL)
STL = 175 * (0.003*2)
STL = 1.1 Billions
if they introduce CGT and remove STL. then they will loose sure 1.1 Billion and get unsure 1-1.25 Billions
and punch to CSE. this is stupid idea.
CGT for Lands that is ok. bcz Land price always going up.
----------------------------------------------------------------------------------------------------------------
dont forget this. I believed my blood color is green but slowly slowly its going to change and become Red again. Be careful Mr Ranil. there is plenty of people like this. try to correct your mistakes.
