Atul Agarwal

What SEBI is largely implying with the consultation paper is that net worth has to be in line with how many active clients a broker services. Whatever the safeguards, net worth can never be ignored when it comes to safety of investor capital. At ₹67,500 net worth per active client, #KotakNeo continues to be on top and by far. Full-service. Bank-backed. Digital. Built for the long run.

@Ketan_jain09 @Ashish1Nanda @kotakneo Sir, could you DM me your client code please

@Ashish1Nanda @kotakneo In mtf holding shares

@kotakneo @Ashish1Nanda I am not able to see trade history for prices and quantity for shares I am holding.plzz check and remove error Facing this error from last 15 days No solution yet Plzz check and fix it

@_unhedged @Ashish1Nanda Hello. Sincere Apologies! The fix couldn’t be deployed last week due to some reason. This should be rearranged in a week’s time.

@atul_agarwal__ @Ashish1Nanda Any update on this? I was assured this would be resolved by 28th march.

@Ashish1Nanda “Derivatives” is now pushed all the way to the end in P&L filters.I can understand the shift from a trader-centric platform to a broader user base, but even a simple fix like: • Remember last selection, or • Reorder based on usage would massively improve the experience.

50% CASH COLLATERAL - MANDATORY EVEN FOR INTRADAY TRADING Lately due to revenue pressures, a few brokers have started charging 2X the brokerage, if 50% cash/cash equivalent is not maintained as margin towards F&O exposures. Yes. Either Interest is being charged at anywhere between 12% to 18% OR brokerage is being doubled to ₹40 OR both. And Yes, in INTRADAY trading as well. 2X brokerage, even if the balance is negative by even ₹1. At #KotakNeo, life continues as usual- - Zero Interest on Intraday trades, even if collateral is 100% in Stock or MF units. (No requirement of 50% Non cash collateral for Intraday trading) - Brokerage at ₹10 per order for all F&O trades across plans (Zero Brokerage, if trades placed thru Trade APl’s) - Interest is charged only in case of carry forward trades at 8.99% (Not 12%, not 15%, not 18%) in case 50% is not maintained in cash/cash equivalent on carry forward trades. Brokerage cost moving up silently, without noise. 🤫

@Swiggy and @dominos_india have by far the worst customer service agents. They don’t have the empowerment or capacity to serve their customers right. I’ve had many such experiences. Never ordering from @Swiggy and @dominos_india again!

That’s exactly the intent!

Tax treatment on buybacks clarified, with effective tax for corporate promoters set at 22% and non-corporate promoters taxed at 30%; Securities Transaction Tax raised to 0.05% on futures and 0.15% on options premium. #KotakNeo #BudgetSession #UnionBudget2026 #BudgetKiBaat #BudgetDay

STT increased - if you sell a future, it's going up from 0.02% to 0.05% - if you sell an option the STT is 0.15% from 0.10% - if you exercise an option at expiry, it's going to be 0.15% from 0.125% Does hurt arb fund returns (down 0.5% a year) but still, tax positive

Buyback tax if you are a non promoter, you can now offset the purchase price as a capital loss as buyback is now cap gains - effective tax rate at 20% short term and 12.5% long term holdings given to buybacks (my first reading) Promoters pay 30% as indivs, 22% as companies.

Till now in the budget nothing has caught my attention like “PROI’s being allowed to Invest in Indian Equities” through PIS A/c. PROI -> PERSONS RESODENT OITSIDE INDIA This is the same route through which NRI’s invest into India in brought the NRE A/c. Since NRI’s seemingly will be clubbed into PROI’s, the limit is increased from 5% to 10% with overall cap of 24%. This surely is “Ease of doing business” for Foreign Nationals. Awaiting Fine Print Eagerly. Hope I am interpreting it the right way. #UnionBudget #Budget2026

STT increases in Futures from 0.02% to 0.05%, Options increased form 0.10% to 0.15% This is a sharp increase. 150% hike in Futures & 50% in Options. This again is huge. Negative for Capital Markets. #UnionBudget2026 #Budget2026

Buy back as capital gains is a relief instead of an addition. It was being taxed as dividends (income from other sources) in the last 1.5 years! It’s a roll back of the provision introduced on 01 Oct 2024. @Ashish1Nanda @kotakneosupport @kotakneo #budget #Budget2026

@Atulsingh_asan Buy back as capital gains is a relief instead of addition. It was being taxed as dividend in the last 1.5 years

People expecting tax reliefs for stock market FM as always -Increased STT on F&O -Added new tax on buybacks And said अब अगले साल आना उम्मीद करने #Budget

F&O is being treated like cigarettes. Tax is heavy without banning it. Without putting more guardrails. Hiking STT this big is disappointing for sure. This is exactly what was being feared. #Budget2026

PROI’s can Invest in Listed Indian Equities through Portfolio Investment Scheme. PROI stands for Persons Resident Outside India. Seems like Foreign nationals being allowed to invest in India like NRI’s. Would want to read the fine print. This could be huge. #Budget2026

@sachinasher @Ashish1Nanda Hello. Can you please DM me your client code to understand your concern better.

We have gone-live with our updated Account Statement/Ledger in #KotakNeo. This improvement provides granular visibility into settlement components with the following key capabilities: ✨ Key Highlights of This Feature: 💹Itemized breakdown of settlement amounts across Futures Daily MTM, Net Options Premium, Options Exercise/Assignment Value, and Trading/Expiry Charges 🔢Contract-level mathematical computation with full transparency 📥Contract Note download capability 🏷️Tagging of transactions into Intraday, Carry Forward, Square off and Expiry ❓FAQs related to FNO daily settlement computation inside ledger posting 📝Simplified narrations for improved customer understanding 🎨Enhanced mobile UI/UX design with intuitive filters and transaction type tags 🔍Drill-down functionality for Equity and MTF trade execution with scrip-level breakdowns and Contract Note downloads 🏷️MTF tagging across transaction statement and ledger ⚙️Revised display logic for ITM Options Expiry Settlement in Transaction Statement and Realized P&L 🚀 Planned Enhancement in Q4: 💰Scrip-level breakdown of DP transaction, pledge, and unpledge charges 📊Day-wise interest calculation with chargeable amounts and applicable rates 💰Further drill down of Deposit, Withdrawal, SEBI Payout entries 📈MTF trade lifecycle infographic and explanatory content 💳Visibility of Client-level rate of brokerage and other charges 🖥️Web version UI/UX enhancement with further drill down for Account Statement (Ledger) 📋Dedicated FNO Daily Settlement report with flexible date range filtering inside “Reports and Statements” 💼FNO Margin Utilized at underlying level inside Margin ledger postings @atul_agarwal__ @nikhildhoka #KotakSecurities #KotakNeo

@chiragshenoy @kotakneo @Ashish1Nanda Thanks for highlighting! Will get this sorted.

Some random inconsistencies in @kotakneo. @Ashish1Nanda Please have a look here.