Manthan Mehta

Learner | Photographer | Investor

[Manthan Mehta @ManthanMehtaa]

@connectgurmeet I liked the way you humbly replied! Only time will answer. India story is very well intact 😁

[Raghav Chadha @raghav_chadha]

𝗣𝗮𝘁𝗶𝗲𝗻𝘁 𝗗𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 must be 𝗥𝗲𝘄𝗮𝗿𝗱𝗲𝗱, 𝗻𝗼𝘁 𝗣𝗲𝗻𝗮𝗹𝗶𝘀𝗲𝗱.

I explained in Parliament how Investment in India remains heavily taxed, and why it needs to change.

[Mindset Machine @mindsetmachine]

Pavel Durov(Telegram CEO) reveals the shocking truth about alcohol and why he avoids it:

[Manthan Mehta @ManthanMehtaa]

@safiranand Can I connect on DM?

[Manthan Mehta @ManthanMehtaa]

@safiranand Jignesh Shah's 63 SATS Cybertech

[Ajay Bagga @Ajay_Bagga]

We will soon complete 13 months of the Nifty being below its all time high hit in end Sep 2024.
The high capital gains taxes on all asset classes and a very poorly thought out tax on share buy backs is constraining Indian markets.
The golden goose is being butchered in the quest to extract the maximum from the 5-6 crore investors/traders/affluent.
Korea offers a good model...proposed high capital gains taxes were shelved in the light of the global policy chaos.
Korean markets are hitting daily record highs.
Not a one on one correlation, there is a lot else going right for South Korea for now.
But this has been a huge sentiment booster.
The Indian govt will collect over Rs 60,000 crores as STT.
STT was introduced while the then FM said on the floor of the Parliament that zero capital gains tax is being enshrined with this STT being levied.
Overtime STT has been increased and huge short term and long term capital gains taxes, as well as tax on dividends, as well as taxes on tendering shares for share buy backs, have been brought in.
This is in addition to SEBI charges, stamp duty , IGST , exchange charges and brokerage.
Investors are the proverbial Golden Goose.
And even if they dont make money, they have to pay all these fixed charges from STT to a long list of charges.
Over the last 12 months, most Mutual Funds and the Indian stock indices have yielded negative returns. However. investors are in the dock for all these fixed charges.
And the few who made money have to pay huge capital gains taxes.
Laffers Curve works
Lower taxes lead to higher government revenues, higher compliance and less suppression.
We see thousands of UHNI investors relocating their base to tax advantaged locations to avoid these high taxes.
The revenue loss increases with every hike in taxes and hike in other levies.
Need some action to unleash positive sentiments in the Indian investment landscape.

[Piyush Chaudhry @piyushchaudhry]

In times of War, the collective psyche swells with passion—pride, grief, anger, and an aching desire for justice. As Traders, we are not immune. Our screens flicker with numbers while our hearts burn with headlines. Yet, amid this storm of Emotion, the discipline of Trading demands a paradoxical posture: to care deeply and act dispassionately.

Ancient Indian wisdom speaks of स्थितप्रज्ञ — one whose intellect remains steady amidst turbulence. The Trader in wartime must aspire to this state. Let the heart bleed for your people—but let your hands execute the plan with precision. Do not mistake volatility for opportunity, nor patriotism for prudence.

Ultimately, Trading during conflict is a spiritual discipline: to feel everything and cling to nothing. It is a sacred balance, where your soul stands with your nation, but your Strategy bows only to Truth.

[PallaviCT @pallavict]

What an absolutely brilliant speech by @SudhanshuTrived ji today - hands down the best in both houses🔥🔥

It’s moments of intellectual masterclass like this that make you realise why Rajya Sabha is called the Upper House 🔥🔥

#WaqfBillAmendment

[Deepak Shenoy @deepakshenoy]

My views on the SME IPO that seems to have caught the outrage wave. I'm not outraged at all.

It's an SME, with a 12 crore IPO. Firstly the oversubscription is BS - your money stays in your bank account and you simply cannot get an entry easily, so you keep money in your account and bid - if you don't get allocation, it will just get released and you still earn the interest. So oversubscription nowadays doesn't make sense to look at.

Even earlier it didn't because people would borrow like crazy, 100-200 cr. for four days, to fund an ASBA application, from NBFCs. RBI and SEBI put an end to that, so now the smaller IPOs are getting oversubscribed.

And in that context no one gave this company 2700 cr. Money hasn't even left bank accounts. If they tried to raise 2700 cr. they will get nothing, most likely. People are applying more because it's a tiny IPO, period.

Is it a sign that people are investing in crappy cos? But excuse me, Jet Airways traded for many years after it was dead. I have put notes here on twitter, in times that were less heady, that a company is GOING TO WIPE OUT ALL ITS EQUITY and your money is going to become ZERO, and people have still bought enough for upper circuits. So don't even start with "rationality" and all that. People will buy anything, at any time, if there is a suitable narrative.

Is this company crappy? I don't know. I haven't analyzed it. It's made 1.5 cr last year, and they're asking for a valuation of 31 cr. I've seen a lot more "expensive" IPOs than that - and who knows, they might even expand. Or they might not. These are risks that investors must take.

But that is the point of an SME exchange. Small companies, raising small amounts of money. For most VCs, a 12 cr cheque would not even qualify for a meeting. It's small and tiny. Wouldn't we rather have such companies list on SME and then be transparent? Rather than take on more debt, or try raising from private investors whose only focus seems to be AI and more AI? Listed markets are a better place.

The bigger point is - no one is forcing you to buy into this or any IPO. You can take it as a sign of euphoria in the markets, if you like. But it's just wrong to try and block such companies from doing IPOs - if anything encourage more.

Yes, it could go bust or the business may fail. You don't get a free ride on return, boss. There is risk. If you don't understand it, please do fixed deposits. Don't apply on FOMO.

The tweets talking about the owner's instagram page are even worse. Why it matters that the person has a life, is beyond me. But okay, outrage feeds the worst in us, I suppose.

The problem I think, in the outrage, is probably the unhappiness of missing out. (I'm going to miss out, for the record, but I have no problems - there are many other opportunities) However, we walk past a prada store selling handbags at Rs. 2 lakh a pop, which some of our minds (including mine) cannot process currently, and we don't ask the government to ban prada or ask for regulations to "value" a handbag properly. No one's forcing you to buy that handbag. And no one's going to force you to buy this IPO.

Ok thanks bye.

[Nigel D'Souza @Nigel__DSouza]

As the Bombay Stock Exchange (BSE) @BSEIndia commemorates its 150th Foundation Day, here's a nostalgic video from the trading ring days of the 1960s.

Video credit: @JMPCAPITALINDIA

[Mukul Dekhane @dekhane_mukul]

I saw my old classmate, felt pity for him...

One day, I met an old classmate. We had not seen each other for about 30 years.

When I saw him again, this time at a hotel lobby, he wore simple clothes. I felt touched.

He walked up to me and was glad to see me again. But deep within me, I was not impressed with his status compared to mine, I couldn't hide it.

We exchanged contact details, and I could see the joy in him as he collected mine.

I told him I would drop him home in my brand new Range Rover but he declined and said he had already called for his car, a 2001 Honda Accord.

I invited him the next day for lunch at my house. A part of me wanted to impress him, to show off my success while another was to discuss opportunities and possibly help him.

He drove to Parkview, where I lived. He looked impressed with my house, one I had taken a heavy mortgage to acquire and thereafter we had lunch. He told me he was into small business and particularly real estate.

I brought up more business discussions, but he didn't sound too interested. I asked him how I could help him. He said he was fine. I even told him that if he was interested, I could help him secure some loans. He looked at me and smiled.

He told me he would invite me over to his place soon. His old car came for him. I was grateful to God for what I have. “All fingers are not equal," I thought to myself.

Two weeks later, my wife and I went to see him in a remote area. Initially, my wife was reluctant to go because she was not impressed with the man's status to warrant our visiting him in his house.

I was able to convince her that we were close friends in college.

We saw the estate. We asked for directions to his home. Those leading us spoke of his name with deference.

It was a simple but lovely home. A 4-bedroom bungalow. I saw 4 cars parked in front. We entered his house. It was simply elegant, he welcomed us warmly.

Lunch was well served, his wife calls him Papa Onos.

During lunch, he asked about my MD. He said they were friends. I saw a company gift on one of his tables nearby. That company owned about 38% shares where I worked. He told me he owned the company. He also owned the Estate.

I did not know when I called him, Sir. I was in awe of him, too.

I had learnt a lesson in humility, a Big one. Appearances are deceptive. He noticed my discomfort.

Driving back home, I was very quiet. My wife was humbled and extremely calm. I could perceive the thoughts in her mind. I looked at myself. Living on loans, heavy loans, and showing off while someone who pays my salary is quite modest and living a simple life.

Indeed Deeper Rivers Flow In Majestic Silence!

So adjust your perception towards others this year. Read, learn, and take a good step of change.

Stop rating people based on their physical appearance or level of education. Rather, concentrate more on how to better your life than how to impress people.

#WorthARead

💐💐🙏🙏💐💐

[Frontalforce 🇮🇳 @FrontalForce]

SHARE MAXIMUM- Brilliant by Palki Sharma

[Mr Sinha @Mrsinha]

This is brilliant... Absolutely brilliant by @BJP4India 😂😂

[Narendra Modi @narendramodi]

Rajkot will always have a very special place in my heart. It was the people of this city who put their faith in me, giving me my first ever electoral win. Since then, I have always worked to do justice to the aspirations of the Janta Janardan. It’s also a happy coincidence that I will be in Gujarat today and tomorrow, and one of the programmes is being held in Rajkot, from where 5 AIIMS will be dedicated to the nation.

[Gabbar @GabbbarSingh]

Your idea of luxury is not the same as your parents’ idea of luxury. A lot of kids when they start earning well, tend to impose their own ideas, on their parents. Who out of courtesy bear with it, and don’t complain.

They don’t like a secluded Five star hotel, they like a place where they can access a bustling market after just stepping out. That’s how they did tourism all their lives. They have been value conscious all their lives. Sure, you can afford a Rs 600 ka Masala Dosa on the in-house restaurant menu, but they can never appreciate the taste after knowing the price.

Unclench your butt, you don’t have to prove a point, let them live, just be a facilitator. :)

[Sameet Thakkar (Modi Ka Parivar) @thakkar_sameet]

Hate him as much as you want. You will neither able to stop him or stop Bharat. The rise and rise of Bharat with Modi will continue. Qatar diplomatic victory is just one example.

जय हिन्द 🫡🇮🇳

[Ankit Sisodia @bhayankar_prani]

Riyal hai bhai 🗿

[Ajeet Bharti @ajeetbharti]

आज का सर्वोत्कृष्ट संबोधन यही था। मोदी जी द्वारा 'राम क्या हैं' वाला अंश भी उत्तम था, परंतु जो भाव स्वामी जी ने जगाए, वो किसी के भी भाषण में नहीं था।

[desi mojito @desimojito]

Sudhanshu ji is an ocean full of knowledge 🔥🔥

[BALA @erbmjha]

Whole opposition vs ONE MAN!

NARENDRA DAMODARDAS MODI 🔥