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Why brokers are unhappy with revised stamp duty norms
February 02, 2019 20:28 IST



'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty.'
Illustration: Uttam Ghosh/Rediff.com

The government has introduced a new process for levying stamp duty on shares.
The same will now be collected at the stock exchange in a uniform manner.
Earlier, different policies were followed pertaining to collection, with stamp duty rates varying across states.

Interim Finance Minister Piyush Goyal’s move was seen bringing in some ‘operational convenience’, according to market experts.
“Our government had promised last year that we would carry out reforms in stamp duty levied and collected, on financial securities transactions.
"I am proposing, therefore, through the Finance Bill, necessary amendments in this regard.
"The amendments proposed will usher in a very streamlined system,” Goyal said during the budget speech.
He added tax collection is at the bourse level. States would get a share depending on where the buying investor is located.
“Stamp duties will be levied on one instrument relating to one transaction and gets collected only at one place, through the stock exchange.
"The duty so collected will be shared with all the state governments, seamlessly, on the basis of domicile of the buying client,” he said.
Brokers had earlier asked for the abolition of stamp duty.
They had submitted a representation including abolition of stamp duty and rationalisation of securities transaction tax (STT).
The Association of National Exchanges Members of India (Anmi) and the Bombay Stock Exchange Brokers Forum had submitted a memorandum to the Securities and Exchange Board of India (Sebi) chairman on these and other matters; requesting tax rationalisation to attract more investors.
“In India, the percentage of total population investing in stock exchange-traded instruments is abysmally low.
"Hence, there is a need to attract and incentivise investors for holding the investment for a longer term, so as to attract conventional investors who invest in gold, fixed return instruments or real estate,” the letter, reported earlier, stated.
It had also asked for withdrawal of dividend distribution tax, and exemptions on long term capital gains tax for securities held more than 3 years, among others.
“With 100 per cent demat, why should stamp duty be applicable in the first place?
"Currently, there is practically no difference between Stamp Duty and STT. Two levies will simply increase cost of transaction for investors and create scope for future friction,” said Uttam Bagri, chairman of the Bombay Stock Exchange Brokers Forum.
“Rather than abolishing stamp duty as STT is already levied on all transactions, the (government) has de-facto imposed a state STT in the guise of stamp duty,” said Rajesh Baheti, president of Anmi.


Sachin P Mampatta & Samie Modak in Mumbai
Source:

Why brokers are unhappy with revised stamp duty norms
 

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Make music with softwares only !

5 Programs for Creating and Recording Music (Open Source / Free)
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TJ FREE
Published on Oct 15, 2012


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Click Below to Subscribe watch more Free Software Reviews: http://www.youtube.com/subscription_c... You can find download links and more information at:
Free and Open Source Software for Creating and Recording Music - TJFREE


Here are some free programs for working with digital audio and music:
Audacity - Powerful audio recording tool and editing tool
LMMS - Digital audio work station. Create synthetic music and rhythms.
Ardour - Digital audio work station. Record. Edit. Multiple tracks...
Mixxx - Digital DJing software for mixing music
Spek - Audio file spectrogram viewer, for spotting quality issues.
 

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Free and Open Source Software for Creating and Recording Music
October 7, 2018 Virgil Ricks
Top 5 Free Open Source Audio Recording and Music Creation Software

Audacity
Audacity is a powerful open source audio recording program with a simple, user friendly interface. It has many different effects you can use and is great for recording and capturing audio.
Audacity can has great functionality. You can apply many different effects to audio files you’ve recorded or imported. For example, you can change the pitch, speed, or tempo, fade in and out, or apply noise reduction. You can also accomplish more complicated tasks, like removing the lyrics from a song to create a karaoke version.
Once you’ve finished editing the audio in Audacity you can export it in wave format. You can also get plugins to export it as an MP3 or some other format.
Audacity works on Windows, Mac OS, and Linux. Download and start editing your audio.
Learn how to use Audacity with our free tutorials.
Audacity Free Audio Editor Screenshot


LMMS
LMMS is an awesome program for creating and editing music. It has a simple interface that allows you to compose, sequence, and mix. It is a great free alternative to FL studio.
With LMMS, you can use audio samples you’ve recorded yourself or you can also create synthesized music in the program itself. You can listen to each track individually.
LMMS has a keyboard and is compatible with midi keyboards to give you full functionality. It also has a large variety of synthesizing tools and effects you can play around with.
Listen to songs created with LMMS. They are pretty impressive.
LMMS works on Windows, Mac OS, and Linux. Download and make music today!
LMMS Free Audio Editor Screen Shot


Ardour
Ardour is a Linux only program. It’s an audio workstation great for taking recorded tracks and piecing them together like you would in a recording studio.
Ardour works like this. You record the vocals, then the drums, and then the guitar, trumpet, bagpipe, etc.
You can also apply lots of different effects in Ardour similar to audacity but it’s designed for working with multiple tracks. This is a Linux only program, but If you have a windows computer and want to use Ardour, you can install a virtual Linux machine to us it.
Start building audio tracks with Ardour.

Ardour Free Audio Editor Screenshot


MIXXX
Mixxx is a DJ mixing tool. You can use it for DJ live at dances, clubs, parties, and similar events. Mixxx’s pitch control, beat looping, and hotcue features help make you a master of the music.
You can also use Mixxx as an auto DJ. Just select a series of songs and it will jump to the next one and play and mix your music together.
Mixxx is a fun one to play with. You can export, save and record audio tracks, and create new music with it too.
DJ like a pro with Mixxx!
MIXXX Free DJ Audio Editor Screenshot



Spek
Spek is a spectrogram analyzer for MP3 and other popular audio formats. With Spek, you can see any low quality aspects of an audio file visually. This can help you understand why an audio file is poor quality.
Spek is not an audio editor like the other programs we’ve mentioned. It is, however a great tool for a quick glance the quality of audio you going to be working with.
Spek works on Windows, Mac OS, and Linux. Check the quality of your audio with Spek.


More great open source content from TJ Free
















Free and Open Source Software for Creating and Recording Music - TJFREE
 

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TuxGuitar
From Wikipedia, the free encyclopedia

TuxGuitar

��


TuxGuitar is a free and open-source tablature editor, which includes features such as tablature editing, score editing, and import and export of Guitar Pro gp3, gp4, and gp5 files.[2] In addition, TuxGuitar's tablature and staff interfaces function as basic MIDI editors.
TuxGuitar's mascot and namesake is Tux, the penguin mascot of many games and programs originally designed for Linux.
The program is written in the Java programming language[3] and is released under version 2.1 of the GNU Lesser General Public License.

TuxGuitar 1.2 was released in 2009.[4] Its source code was steadily updated through 2015, culminating in the release of version 1.3.0 in January 2016.[5]

Download from here:
.:: TuxGuitar ::. Open Source Tablature Editor :: TuxGuitar

Other links to download:

TuxGuitar (Windows)

TuxGuitar
 

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TuxGuitar Android App !
Julian Casadesus

Music & Audio
Rated for 3+


760164


693
Contains Ads

Screenshot Image


Screenshot Image


Screenshot Image




TuxGuitar is an Open Source multitrack tablature editor and player.

It can open Guitar Pro and PowerTab files.

With TuxGuitar, you will be able to compose music using the following features:

-> Tablature editor
-> Score Viewer
-> Autoscroll while playing
-> Note duration management
-> Various effects (bend, slide, vibrato, hammer-on/pull-off)
-> Support for triplets (5,6,7,9,10,11,12)
-> Repeat open, close and alternative endings
-> Time signature management
-> Tempo management

Copyright (C) 2005 Julian Gabriel Casadesus

TuxGuitar project: .:: TuxGuitar ::. Open Source Tablature Editor :: TuxGuitar
TuxGuitar community: TuxGuitar Community :: Share your tabs, Listen them online, Launch Tuxguitar online, try it without downloading - TuxGuitar Community

Advertisments keep alive this project. you can get tuxguitar without them by building it's source code.

This product include plugins based on third party open source projects:
-> OpenJDK : OpenJDK
-> Gervill: https://java.net/projects/gervill/pages/Home
 

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Actually making good music with apps | Andrew Huang
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ANDREW HUANG

Published on Apr 24, 2017


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SUBSCRIBE To My Channel! ️ http://bit.ly/subAndrewHuang Learn more about Production & Music Theory with this playlist! ️ http://bit.ly/AHMusicandProduction on for giveaways all month! Subscribe for constant music weirdness → http://bit.ly/subscribetoandrewhuang ★ WATCH MORE ★ More music using only one app: https://youtu.be/9FGneOo2ShA ★ Y'ALL ALWAYS ASK ABOUT GEAR ★ Camera 1: http://amzn.to/2aHkv35 Camera 2: http://amzn.to/2ayp5iI Drone: http://amzn.to/2pet6NX Video mic: http://amzn.to/2lpjHEq Music software: http://amzn.to/1PN6a32 ★ SPECIAL THANKS TO ALL MY TOP PATRONS ★ Brandon Regan Xu Mark W Ribeiro Sebastian Hanley Jaime Wissner Max Chris Smalley Georgs Feders Third Elijah Lopez Campos Liam M john jr Oz Haven Gabriel T Garcia aesthetic andrew Third Elijah Campos Zack Seiler Rene Seckler Samuel Costa Brandon Syres Nick Simmons Peter Vermeychuk Ryan Mitchell Marc Froehling Gulls Adrian Cruz Kynarro Aetone Leon Schutte Eric Schendel Maximus Olenik Cas Harper Audrey Prewett Joshua Doest AJ Berg Tsung Yu Wang Aithne Callahan Keshav Krishnan Tim Koulaev Julian Lyn Damon Oliveira Benjamin San Souci Matthew Soh Karol Hojka Jay Logan Nicholas Pida Ben Adshead Felix TobiCaboose Linya Timothy McLane Alexander Heale Simone Andersen Svensson Laura Haile queenofrainbow Rhys Huntley Jack Morris Hamish Garner Tobias Gurdan FOLLOW ME HERE: Instagram http://instagram.com/andrewismusic Twitter http://twitter.com/andrewhuang Facebook http://facebook.com/andrewismusic LISTEN TO MY MUSIC Spotify http://spoti.fi/2pF0qRB iTunes http://apple.co/2psaUmL Google Play http://bit.ly/2qlhAjy Bandcamp http://bit.ly/2oRWCby Support my work on Patreon: http://patreon.com/andrewhuang Business inquiries: http://andrewhuang.com/brands/ Listen on Soundcloud: http://soundcloud.com/andrewismusic Listen on Spotify: https://open.spotify.com/artist/7Hifu... About Andrew Huang: If you're new here, my name is Andrew Huang and I'm a musician who works with many genres and many instruments - and I've also made music with many things that aren't instruments like balloons, pants, water, and dentist equipment. For more info visit my website: http://andrewhuang.com You can also stream and download my 40+ albums and EPs at http://andrewhuang.bandcamp.com Thanks for watching today and a big hug to you if you share this video with someone! Actually making good music with apps | Andrew Huang https://www.youtube.com/watch?v=3o-XF... Andrew Huang ANDREW HUANG

Caption author (English)
Sasha LaBuda
Producer
ANDREW HUANG
Category
Music
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अलेक्सा और गूगल का इंटरव्यू - Interview with Alexa and Google Assistant (Hindi)









 
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