Somil jain

[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.

[Somil jain @Somil2912]

@bandhanbank_in my father was charged non maintenance charges without any prior intimation. I was told at the branch to downgrade the account first and then they will refund that amount. We filled the form to downgrade the account the same day and today he’s charged again.

[Somil jain @Somil2912]

@cchaitanya14 @AstroSharmistha Indeed

[Somil jain @Somil2912]

@fitpassindia

[Somil jain @Somil2912]

@fitpassindia pls add more gyms in Jabalpur, MP

[Somil jain @Somil2912]

@SamsungIndia @Flipkart
@flipkartsupport
Many counterfeit Samsung EVO Plus microSD cards are being sold on Flipkart. This needs urgent attention

[Humans Of Isha @humansofisha]

Sadhguru's vision for Rural India!

Humans of Isha presents Episode-2 podcast with Vinod Hari Anna, Project Director for Isha Vidhya and a full time volunteer with Isha foundation for 20+ years!

In this episode, Vinod Anna explains how Isha Vidhya is committed to raising the level of education and literacy in rural India and in helping disadvantaged children realize their full potential. Sadhguru's vision of educating Rural India is touching many lives!

Watch full video in the link below 👇

1/2

[Somil jain @Somil2912]

@fitpassindia pls add more gyms in Jabalpur, MP

[Somil jain @Somil2912]

@PMOIndia @JharkhandCMO @AmitShah

[महावीर, ಮಹಾವೀರ, Mahavir @Mahaveer_VJ]

Our Temples and holy places are not tourist spots.

Respect the land & listen to the voice 🙏

#JainRightToGirnar5thPeak @narendramodi

[Somil jain @Somil2912]

@ASICSeurope @ASICSamerica @ASICS_India Done

[Somil jain @Somil2912]

@ASICS_India Done

[Somil jain @Somil2912]

@TheVivekSinghal Best wishes and lots of blessings Vivek bhai ✌️

[Somil jain @Somil2912]

@TheVivekSinghal Absolutely true!

[Sadhguru Tamil @SadhguruTamil]

மக்களாட்சி அரக்க ஆட்சியாக மாறிவிட்டது. - சத்குரு

[Somil jain @Somil2912]

@MPTourism

[Somil jain @Somil2912]

Explore Jabalpur @MPTourism

https://t.co/8VSeAVPNbh

[Sadhguru @SadhguruJV]

#MothersDay #SadhguruWisdom

[Isha Foundation @ishafoundation]

How to make the most of your visit to Isha Yoga Center: While there is a lot to explore, here are 10 things you shouldn't miss!

#IshaYogaCenter #Coimbatore

[GoPro @GoPro]

@Somil2912 Hello, Somil. Your Support case 14323932 is currently being reviewed. Our Support Team will notify you of updates as soon as they have new information. We appreciate your patience.

[Sadhguru @SadhguruJV]

Wonderful meeting you @DjokerNole! Staying at peak performance for over two decades in the incredibly competitive tennis circuit is remarkable. Your commitment and grasp of body and mind set an extraordinary example for others to follow. Best wishes for your upcoming matches. -Sg

[Somil jain @Somil2912]

@MPTourism

[Somil jain @Somil2912]

Explore Jabalpur @MPTourism

https://t.co/8VSeAVPNbh