Siddharth Khemka, senior group VP and research head (retail), Motilal Oswal Financial Services, says recent changes in derivatives trading, such as weekly expiry and adjusted lot sizes, could impact the government’s tax revenue.
While strong market performance in recent years has boosted tax income from capital gains and transaction taxes, Khemka believes that lower trading activity resulting from these changes will force the government to revise its future tax projections. Can force. He also says that no major changes are expected in the tax system in the upcoming budget.
