Till yesterday, brilliant mathematician had been fixing base price as average of original shares and right/bonus.
(I did not have respect of that guy till yesterday, but after yuraj k became finance minister, I have realized how brilliant past bureaucrats were).

Like, You buy 1 share at 1000 and you get 1 (bonus or right)= base price used to be around 550 Of both bonus/right as well as of original share.

So if investor used to sell one or both share at 600, he/she had to pay Capital gain tax on 50 Rs in one share, if you sell both, 2 shares, you be paying CGT on 100.

It used to be perfect calculation. But today, idiot (i dont know how he got biddwan title) had attacked it. he and bista of labor minister have been attacking working system and now where we are?







Now today,

I dont know what the F they are saying.

If they dont fix new base rate after bonus or right, how are we going to remember our base price since it is not possible to track how many time we received bonus or right.