Aman Malik

[Aman Malik @amanmalik640]

@nishkumar1977 sir please share the updated wave count of IDFC First Bank, the last update is from 2024.

[Vijay Kedia @VijayKedia1]

Respected @nsitharaman ji and @FinMinIndia,
Suggestion 2 of 3 for strengthening India's capital markets:

Dividend income on listed equities should not be subjected to double taxation.

A business can raise capital in only two ways: debt or equity.
When a company raises debt, the interest paid to lenders is treated as a business expense and deducted before tax. The lender may then pay tax on the interest received.

However, when a company raises equity capital, dividends are paid out of profits that have already suffered corporate tax. The shareholder is then taxed again on the same stream of income.

More importantly, equity capital bears far greater risk than debt capital. A lender has a contractual right to interest and principal repayment. A shareholder has no such guarantee. Dividends are discretionary, capital is fully at risk, and the shareholder stands last in line if a business fails.

If debt providers receive tax-deductible compensation despite bearing lower risk, there is a strong case for more favourable treatment of equity providers who supply the permanent capital that fuels entrepreneurship, innovation, employment and economic growth.

India needs to encourage long-term risk capital and greater participation in equity markets. Tax policy should reward those who provide patient equity capital to Indian enterprises rather than place them at a relative disadvantage compared to debt capital.

Respectfully submitted.

[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.

[Aman Malik @amanmalik640]

@MensaBrands DENNISLINGO It’s a fraud company, do not buy from here. They don’t deliver the product and then say that the product was properly packed in our warehouse. #fruad #theft #looting

[Aman Malik @amanmalik640]

@mohak_ailani @mohak_ailani The QR code is not accepting the payment.. it says limit reached

[Aman Malik @amanmalik640]

@SnehaSSR Very inspiring Sneha … keep growing

[Aman Malik @amanmalik640]

@mohak_ailani Which macroeconomic triggers can reverse their movement in mid way ? Or is this inevitable ?

[Aman Malik @amanmalik640]

@mohak_ailani Hi Mohak, a very basic question. Everyone talking about rate cut and you are saying 9% FD and home loan at 13%+ …. If you could explain this.

[Aman Malik @amanmalik640]

@Akshat_World All these assets will continue to generate wealth. It’s just that now we have too many options and we have to use our common sense while buying these

[Aman Malik @amanmalik640]

@Akshat_World Political parties have found an official way of corruption … freebie lo vote do … and guess who is funding this - India’s Taxpayers

[BhikuMhatre @MumbaichaDon]

Thread:

Manmohan Singh's Journey in #Parliament ends Today Apr 3.

CONgress has said “He will remain a Hero"!

Very true!

So let me give you small brief on his Heroics & How he was an ASSET for Bharat & it's Economy!

Fasten your seatbelts! It's a GREAT Journey with MMS!

1/15

[Aman Malik @amanmalik640]

@apoorv_taneja @SaveToBookmarks

[HR Direction, MDI @HRDirectionMDI]

Checkout the conclave 2.0 schedule
Visit our website to register https://t.co/88oxuSChUp #HRConclave #MDI #HRd Save the date 15th Oct 16

[HR Direction, MDI @HRDirectionMDI]

Register for HR Conclave 2.0 today.
Visit our website to register https://t.co/88oxuSChUp
#HRConclave #MDI #HRd
Save the date 15th Oct 16