The Government will now make ~80x more money than your broker on a NIFTY futures trade.
(With the Budget STT hike: Futures sell STT rises from 0.02% to 0.05%. On a normal lot, STT alone can be ~₹800 while brokerage is ₹10.)
In options, the government makes 2x to 15x what your broker earns.
(Options sell STT rises from 0.10% to 0.15% on premium — making STT the main fixed cost per churn.)

