Abhishek

[Brajesh Jhawar @Brajeshjhawar1]

India 52-5 heading towards a shameful defeat again, #JusticeforSamson

[Abhishek @abpro80]

@itsTarH Cranes

[Abhishek @abpro80]

@samisosa1234 RBI Bonds at 8% - Safest

[Abhishek @abpro80]

@MomentumTraderz Take care and get well soon

[Fundamental Investor ™ 🇮🇳 @FI_InvestIndia]

Dear FM Madam @nsitharaman ji,

I have said it before. And I'll say it again. Loud & Clear.

LTCG of 12.5% on Equities is one of the Lowest in the World.

But there are a few issues:

1. LTCG was ZERO from 2004 to 2018. STT was introduced to offset the Loss in Revenue. It incentivised long term Investors to Hold on Patiently and enjoy Long Term Returns. I believe that Step was something Golden and rewards Long Term Thinking. FM Madam should reconsider this. Keep STT. Abolish LTCG.

2. STT is already taken for every transaction. This is a tax. Again putting Capital Gain, especially on Long Term Gains is not Ok. This is my Opinion. STT is borne by the investor irrespective of Profit or Loss.

3. We are not against Paying Taxes. In fact, we all Pay Income Tax, Capital Gains Tax, GST, Excise, VAT, Tax on Dividends and what not. The problem is the Freebies which are Distributed during the Elections. This is not at all ok. We don't want a single rupee of our Capital Gains to be used for Freebies. Please.

I humbly request the FM Madam to Abolish LTCG on Equities. Make the Long Term Period 24 months instead of 12 months. You will see Patient Capital 👍

For Indian Investors like me, the Pain is lesser. We will continue to Create Wealth. But what about our FII brothers & sisters. They also deserve to get minimum returns in Dollar Terms.

I feel for the FIIs who have suffered due to declining Rupee and they still have to pay LTCG on Rupee Terms. Something the FM Madam and team should revisit.

I think that it is a good time to implement this. FII no longer control our markets. Domestic Funds are consistent and plenty. If FIIs leave, let them Leave with Head Held High. That is our Responsibility.

India Structually is Brilliant. Let's make it Tax Friendly as well.

Patient Capital will Flow More & Stay, if these Steps are Taken.

A Proud Indian Investor,
#FI

[Abhishek @abpro80]

@tanmaygoel1 ENTER

[Anish Moonka @anishmoonka]

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[Abhishek @abpro80]

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[Abhishek @abpro80]

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[Tanay Kothari @tankots]

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[Pratham khanna @Portfolio_Bull]

Predict Ishan Kishan's score today vs Netherland . The closest one will get Rs. 1500 Google Pay from me.

Mandatory~ Like, Repost & Follow

[Abhishek @abpro80]

@Portfolio_Bull 38

[Pratham khanna @Portfolio_Bull]

Predict Suryakumar Yadav score today vs Netherland. The closest one will get Rs. 1000 Google Pay from me.

Condition~ Like, Repost & Follow

[Abhishek @abpro80]

@Portfolio_Bull 65

[Pratham khanna @Portfolio_Bull]

Predict Abhishek Shama score today vs Netherland . The closest one will get Rs. 2000 Google Pay from me.

Note~Like, Repost & Follow Mandatory

[Abhishek @abpro80]

@Portfolio_Bull 158

[Abhishek @abpro80]

@Portfolio_Bull 76

[Abhishek @abpro80]

@Portfolio_Bull 112

[Abhishek @abpro80]

@SureshKBN AI

[Abhishek @abpro80]

@AimInvestments what about Walchandnagar Industries will that benefit ?