Pankaj 😊

[Pankaj 😊 @Pankaj4545Kumar]

If 10 minister resign...
10 DR0WNING Street

[Pankaj 😊 @Pankaj4545Kumar]

@kothariabhishek YoY

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@_sabanaqvi The Great Bengal Famine (Feminine😑)

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@AshishGupta325 Sangyan

[Pankaj 😊 @Pankaj4545Kumar]

@parthasinha Just read your LastVerandah article.
Enjoyed thoroughly 👌.

[Pankaj 😊 @Pankaj4545Kumar]

@ashumadan4 Journey is destiny and destination.

[Pankaj 😊 @Pankaj4545Kumar]

@anuridhisingh Litch gLitch
😁😁

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@virsanghvi Noted

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@choga_don Good Enough

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@mythicbxrn Babes on Baba

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@FI_InvestIndia All day ...slog...capturing 0.01 of Nifty...

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@love_liv_laf Khushi Khushi bill diya

[Pankaj 😊 @Pankaj4545Kumar]

@BashaWazuddin 1/ 3 of all profit goes away in STT
If any.

[Pankaj 😊 @Pankaj4545Kumar]

@Sachan8574 Angel

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@venkat_fin9 Right

[Pankaj 😊 @Pankaj4545Kumar]

@sandipsabharwal @FinMinIndia @PMOIndia @narendramodi The Great FPI rope trick.

[Pankaj 😊 @Pankaj4545Kumar]

@VijayKedia1 @nsitharaman @FinMinIndia Fantastic

[Vijay Kedia @VijayKedia1]

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.

[Pankaj 😊 @Pankaj4545Kumar]

@Shivam_h9 Rubbish

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@eklavyajpr @marcorubio Secretary to wife...

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@Suhelseth Athithi.....syndrome