My Demand: Make Long Term Capital Gain TAX on Equities NIL for individual investor.
I welcome the hike in STT (security transaction tax) on derivatives as it can curb reckless speculation. Nearly 90% of retail investors lose money in F&O, turning markets into gambling.
When STT was originally introduced, LTCG was zero. But now with both STT and LTCG in place, investors are disincentivised.
I urge the govt to abolish LTCG on equities for individuals, as done in Switzerland, Singapore, UAE & others. This will boost household wealth, reduce speculation, and shift savings from gold & real estate into equities.
Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement.
When two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation.
President Trump’s leadership is vital for global peace, stability, and prosperity. India fully supports his efforts for peace.
I look forward to working closely with him to take our partnership to unprecedented heights.
@POTUS@realDonaldTrump
@NetflixIndia I puked. You have spoilt this whole film by cutting the scenes and this picture and aound quality is just too bad. Appalling to say the least. I turned to @AppleTV after 15 minutes. Huh!
On merits, one can say that there are possibilities of misuse of the new UGC regulations. Only verbal assurance that government will not allow injustice to any student will not do. This has now become a political issue.
Brahmins and Rajputs do no constitute a big chunk of voters and they are often ignored. This is a compulsion for political parties. Samajwadi Party, Congress and Bahujan Samaj Party are fanning caste tension on this issue with an eye on causing damage to BJP.
In BJP, there are several Brahmin community leaders who had been complaining since long that they are being ignored. These leaders have now got a fresh handle. This matter cannot be allowed to linger on.
Everybody wants an equitable society where every community must get equal opportunities. Communities and castes which have faced injustice over centuries must also be taken care of. But this does not mean that new paths of injustice and harassment are opened. One needs to bear this in mind, otherwise this can create a fresh problem. https://t.co/Q819ETyQ4j
@ChetanSethMP@narendramodi@DrMohanYadav51@AshwiniVaishnaw Whenever I park my car at the airport I check the daily charges when it is slightly long term. Once I get the confirmation I make sure to leverage the parking space. It works well for me.
You are naive if you did not check upfront so don't behave stupid now by tagging PM.