New Delhi, May 10 (IANS) Nithin Kamath has raised concerns over the way Indian investors continue to fall for unsuitable financial products despite easier access to financial education and online information.In a post on social media platform X, the Zerodha co-founder said that while India has witnessed a massive rise in first-time investors entering mutual funds, stocks and insurance products, many continue to repeat the same financial mistakes year after year.“When it comes to personal finan…
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Mumbai, Jan 31 (IANS) Zerodha co-founder Nithin Kamath has raised concerns over the repeated increase in Securities Transaction Tax (STT), saying that higher taxes are slowly hurting trading activity in the markets.In a recent social media post, Kamath explained that STT was introduced at a time when long-term capital gains (LTCG) tax was removed.However, even after LTCG was brought back, STT has continued to rise with every Union Budget.He said that as a market participant, he always hopes for …