Purush Garud

Officer At BOI

[Purush Garud @GarudPurush]

@VijayKedia1 @nsitharaman @nsitharamanoffc @FinMinIndia Hmara RIP ho jaye but ye tax nahi hatayege sir

[Purush Garud @GarudPurush]

@SupriyaShrinate Ye he sachhe deshbhakt

[Purush Garud @GarudPurush]

@BaluGorade But where is our real FM it seems he disappeared somewhere please find him🙏🏻

[Purush Garud @GarudPurush]

@microcp2mltibgr Will retail HNI in panic

[Purush Garud @GarudPurush]

@connectgurmeet Finance ministry appeared now on 2 feb 2027 so wait till date

[Muthukrishnan Dhandapani @dmuthuk]

I don't know whether you remember.

I was one among the first to repeatedly raise to government existence of both STT and long term capital gains are terribly unfair for investors. This goes against the commitment given in the parliament that STT was introduced only in lieu of capital gains tax.

More than domestic investors, this hurts FIIs more. Adding salt to the injury, long term capital gains were further increased in 2024.

I would have posted dozens of tweets in this regard tagging both Prime Minister and Finance Minister.

As always, BJP IT cell started personally attacking me that I don't want to pay taxes. How many ever times I explained the logic, that many times or more I was personally ridiculed.

For many reasons including our government apathy, FIIs are only net sellers for last many years. In parliament, we ridiculed FIIs stating that retail investors are good enough for us and FIIs are exiting a great market called India.

I pointed out how even countries like Singapore and other developed nations give importance to FII money. BJP trolls said FIIs are losing opportunity to make money out of the greatest market in the world.

Even if we are greatest, this arrogance is unwarranted. Arrogance would ensure we don't remain great.

Now we are trying to see how to conserve forex by avoiding destination weddings, foreign vacations and so on.

The elephant in the room is billions of dollars flowing out of the country every month due to FII selling. Instead of trying to address that major issue, we are focusing on overseas trips by a small percentage of Indians. Misplaced priorities.

Our finance minister still do not the feel the need to call FIIs for an open meeting and address their tax issues and other concerns.

We are absolutely tone deaf.

[Purush Garud @GarudPurush]

@connectgurmeet Question is not what we people are do or not do question is what government learn crisis like covid abb kuch din me thali bhi bajayege hum dekh lena

[Purush Garud @GarudPurush]

@connectgurmeet @kmarkri No jokes sir in such hostile situation, will you want to declare yourself as anti national

[Anubhav Gupta @anubhavgupta_ji]

🚨🚨Old Video of AMIT SHAH about:

Suvendu Adhikari (Bengal CM from BJP)
taking bribes in Narada Sting.

Kaise besharam log hain ye.😭😭😭
Corrupt Nationalist.😂

[Prakash Raj @prakashraaj]

Washing Machine #justasking

[Purush Garud @GarudPurush]

@simplykashif Part 2

[Purush Garud @GarudPurush]

@BaluGorade Jm flexi cap

[Purush Garud @GarudPurush]

@SamirPradhann Sahi pakde 😆

[Purush Garud @GarudPurush]

@nakulvibhor Tell about future outlook of CP plus aditya infotech company

[Dr. Mukul Agrawal @drmukulagrawal]

🚨 Kya FIIs India se permanently exit kar rahe hain?
Nithin Kamath ke tweet ne market mein tension create kar di hai!

High taxes (LTCG, STCG, STT), weak rupee 💸, expensive valuations 📈 aur AI opportunities ki kami 🤖 — kya ye sab milkar India ko less attractive bana rahe hain?

Ab paisa shift ho raha hai Japan, Taiwan, Korea aur Europe ki taraf 🌍
Toh kya India phir se FPI favourite ban payega ya trend change ho gaya hai?

👉 Aapka kya view hai — FIIs wapas aayenge ya nahi? Comment karo 👇

#FII #StockMarketIndia #NithinKamath #Investing #ShareMarket #IndianEconomy #FPI #MarketCrash #FinanceReels #StockMarketNews

[Purush Garud @GarudPurush]

@Nithin0dha We elected people who don’t care about stock market and Foreign investments ,they care about how to avoid playing sutta bazar by youth wo eat pan masala play dream 11 and same principle applied by government here also by increasing STT nonsense thinking

[Nithin Kamath @Nithin0dha]

Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR:

Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help.

On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead.

He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows.

If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.

[Gurmeet Chadha @connectgurmeet]

Honourable @PMOIndia and @FinMinIndia

We are losing Foreign Capital of almost $1 Bn a day. Since July 2024, post hike in capital gain tax and STT, we have lost $100 Bn and our markets have become globally unattractive .we need patient risk capital to fund our growth story.

It’s undoing the good work done through various reforms.

A responsive govt like yours has always taken feedback on taxation - GST, Income tax and given relief.

I urge you to reconsider.

[Purush Garud @GarudPurush]

@IranMediaNow @Grok kindly confirm the news

[Purush Garud @GarudPurush]

@piyushchaudhry @grok explains this chart