some experts might have read the direct tax code issued recently by the Finance Minister. In this code the short term profits and long term profits will be included as income. This may not be much of a problem for intra day traders and professional traders as they even now include their short term gains (they do not play long term any way) in their income. But for small INVESTORS this is disadvantageous. At present we do not pay any tax for long term gains. Comments from some experts will be useful.