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In a recent interaction with @CNBCTV18News, our Managing Director, @Maheshsbabu, shared his views on the Government of India’s ₹9,585 crore vehicle replacement scheme for Delhi NCR.
The policy marks an important milestone in accelerating cleaner transportation, reducing emissions and enabling the transition towards sustainable mobility solutions.
Watch the interview to hear his perspective on the opportunities this creates for India’s electric mobility ecosystem.
#Olectra #ElectricMobility #CNBCTV18 #CleanMobility #EV #TransformingEveryday
Respected @nsitharaman ji and @FinMinIndia ,
Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.
A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.
India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.
The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.
Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.
India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.
Respectfully submitted.
⚡️🇪🇸BREAKING: Spain’s MEP Irene Montero calls on Spain to leave NATO and says:
“The United States and Israel are currently the main threats to the security and stability of humanity”
“People don't have to pay for Trump's illegal invasions. We must prevent and limit the price of energy, food, and basic products right now, make public transportation free, and leave NATO because being allies of the US puts us in danger.”
@TheVivekSinghal Good afternoon sir🙏
Kya yeh bhi ek reason ho sakta hai Rajesh export ke Kam profits ka? Overall Rajesh export is the only government recognised five star export house in the jewellery sector.
This screenshot is from MTnewswires by tradingview
@TheVivekSinghal You should ignore these people. The book value of Rajesh export is increased. We should hold it and wait for next quarter's results.
Also there are many other shares which are performing well like CAMS, GICRE, bajajhind sugar, Cdsl, Angel One, 5Paisa etc.
@TheVivekSinghal Out of these stocks, 7 stocks are in my portfolio. And all these stocks are in brother' s portfolio.
For last 7 months I am using your strategies and gaining good profits.
Thanks for sharing your valuable analysis 🙏🙏🙏