> After making LTCG from Nil to 12.5%
> After making STCG from 15% to 20%
> After making STT from 0.01 % to 0.05%
> After removing indexation on debt funds and taxing at slab rate
> After introducing tax on SGB in secondary market from Nil to 12.5%
After making so many policy blunders, rupees depreciation and not caring about FII exit, it's so nice of Finance minister to say she is open for public feedback and suggestions.
You never needed any public suggestion, it's your arrogance that has put economy in such a big mess. There is no rocket science in knowing that FII would anyday invest in safe US economy at 5% yields because to beat that 5% they've to earn atleast 12-15% in India if you consider rupees depreciation and tax.
@Prakashplutus Sir why doesn't govt cut stt and ltcgt and taxes on fno..just like youhave been continuously advising. the dollars will start flooding in .. instead of telling us to cut our expenditure..