Dear FM Madam @nsitharaman ji,
You have definitely reduced income taxes. True. But most people invest from their salaries after paying income tax.
They pay STT on their Equity buy & sell (irrespective of P or L).
We had Zero LTCG at one point in time which rewarded patient capital. It rewarded anyone who held great businesses for over 1 year.
And then, suddenly 10% LTCG was introduced. Recently, it was raised to 12.5%. I hope you understand that this is not a fixed income instrument.
I kindly request you to acknowledge this in your interviews. LTCG was ZERO and now it is 12.5%. Risk is taken by Investors. Patience is shown by Investors. Profit & Loss is also borne by Investors.
It is time to reward Patient Capital by Abolishing LTCG on Capital Markets which will benefit India in the long run.
Time to wake up & smell the Coffee !!!
#FI
Never seen markets reach 52 week lows on strong GDP growth , bank credit at 19% , PMI in expansion for burg goods and services and good earnings ..
Markets are giving a loud message - need stable policies and lower taxes.. avoid micro regulation of every sector..
@IPPBOnline
If Mr XYZ is not account holder with Indian Post but his mobile number is wrongly updated by Indian Post in someone else Indian Payment bank account with Indian Post then how to remove the same mobile number .... ?
@Officejmscindia
US खुद War लढ़ रहा है against IRAN. See CNN (US channel) No drama and limited war coverage Now see coverage of @aajtak@News18India@TV9Bharatvarsh@ZeeNews जैसे War US नहीं India लढ़ रहा हो. Literally time pass कर रहे हैं Indian Media as usual. Making fool and killing time.
🙏आज तिथि बारस(12) है✨
🙏आज श्री मुनिसुव्रत भगवान का दीक्षा कल्याणक और श्री मल्लिनाथ भगवान का मोक्ष कल्याणक दिन है🙏
🙏आज के दर्शन 🔔🔔
🙏श्री मुनिसुव्रतस्वामी दादा के दर्शन💖
🛕राजगृही तीर्थ🙏
🔰मुनिसुव्रत भगवान का च्यवन , जन्म , दीक्षा और केवलज्ञान ऐसे 4 कल्याणक यहाँ हुए है🙏
Nice mechanism @SEBI_India
@nsitharamanoffc@FinMinIndia@PMOIndia@SEBI_updates#SEBI
What message we are sending that One may knowingly do wrong things then officially get away by paying money ..... Nice way to set standard that too for highest level in Banking sector MD CEO.