Respected Finance Minister @nsitharaman And Hon’ble Prime Minister of India @narendramodi
India needs significant domestic and foreign capital to sustain its growth. Economic strength alone is not enough— stable, predictable and investor-friendly taxation policies are equally important.
I respectfully request the Government to reconsider Long-Term Capital Gains (LTCG) taxation and STT, particularly for long-term capital-market investors.
A vibrant stock market channels savings into businesses, supports capital formation and strengthens the economy. Excessive taxation can increase the cost of participation and discourage investment.
A simple principle of finance is worth remembering:
“Higher the tax, lower the tax collection; lower the tax, higher the tax collection.”
The focus should be on expanding the tax base rather than simply increasing the tax burden.
I hope the Government will review capital-market taxation with a 10–20 year perspective, while recognizing compliant direct and indirect taxpayers and keeping India competitive for global capital.
India needs capital.
India needs investment.
India needs a vibrant capital market.
And taxation should encourage all three.
Every strike on a Russian refinery tightens the global diesel market and that is not a distant war for India.
We import the bulk of our crude, run farms, trucks and supply chains on diesel, and already feel every spike in the import bill and food inflation.
Cheap Russian barrels helped. Hitting the refineries that turn those barrels into fuel now risks raising the price of the very products that keep India’s economy moving.
@Lifestyle_Store in Chennai marina mall there are no sufficient people in billing counter .they are delaying, because of that people are facing issues…
#askmoneypurse Hester Biosciences Ltd
Hester Biosciences Ltd is one of the leading animal health care companies & the second largest poultry vaccine manufacturer in India. Say your opinion brother
DCM Shriram Industries Ltd
ABOUT [ edit ]
DCM Shriram Industries Ltd is primarily engaged in production and sale of sugar, alcohol, power, chemicals, Drones (UAV) and industrial fibers.
KEY
Very interesting
@KKRiders BIG Blunders KKR :
~ Paid Venkatesh Iyer 23Cr (extremely over priced)
~ Released IPL Winning Captain Shreyas Iyer
~ Released Impactful Opener Phil Salt
~ Sending Angkrish Raghuvanshi at No.9
~ What's the use of Ramandeep when he can't bat