arun tikmani

Financial Consultant

[EngiNerd. @mainbhiengineer]

Always remember.

> In the year 2004 Manmohan Singh Govt removed LTCG and added STT so that there is no double taxation.

> In 2018, Modi Govt brought back LTCG at 10% and didn't remove STT, so put double taxation back on public.

> In 2024 LTCG was further increased to 12.5% and STT also increased in F&O

Modi Govt has worked very hard for the falling stock market and forcing FII leave the country by making greedy brainless policies. Please congratulate them for this achievement.

[Dr. Rajeshwari Iyer @RajeshwariRW]

If a software engineer in Bangalore earns an annual package of ₹50 LPA, over the last five years, they would have paid approximately ₹30 lakhs in income tax.

Now, if they lose their job due to sudden layoffs, they receive nothing no freebies, no subsidies until they find another job.

In many developed countries, taxpayers have access to Social Security: if someone loses their job, they receive financial support or unemployment benefits until they are employed again.

India, despite being a large socialist-leaning nation, provides little to nothing for those who pay taxes.

Instead, the government continues distributing free electricity, water, bus travel, or schemes like Ladli Bahen, benefiting those who don’t contribute as much in taxes.

Sad reality of India.

[Basant Maheshwari @BMTheEquityDesk]

Chartists, fund managers, Brokerages, TV anchors and business houses have no explanation on why the markets are falling even with a 7.8% GDP growth.

[Giovanni Staunovo🛢 @staunovo]

#India’s privately owned fuel retailers Reliance Industries Ltd. and Nayara Energy Ltd. have begun rationing diesel and gasoline as they try to limit losses from rising crude costs and flat retail prices, according to people familiar with the matter.

Prices at Indian gas pumps haven’t changed since May, even with oil now trading around $108 a barrel. All refiners are officially free to set their prices, but changes at state-owned companies are made in consultation with the federal government, their largest shareholder — and the private sector typically follows suit. #oott https://t.co/dQJLA2YtU8

[Neha @neha_aisa]

Jantar Mantar 2.0 loading...
2 October | 11 AM

Gyanesh it's done, bro!

[Piers Morgan @piersmorgan]

Horrifying. Now we know why Netanyahu continues to ban international media from Gaza.

[Patterns @Patterns0001]

₹7.8 Lakh Crore wiped out from the Indian Stock Market Today

[Nassim Nicholas Taleb @nntaleb]

The UAE seems to be suicidal

[Nostra, House of Gold @Nostre_damus]

Silicon Valley bank failed in 2023 when the 10Y yield hit 4%

The 10Y yield is now 5.26%

US Banks are in major trouble

Few understand this

[IG @IndrajitGupta]

Azim Premji studied the Tata Trusts model closely.

But when he built the institutions for his own philanthropy, he made one crucial choice differently.

That choice offers a revealing way into the battle inside Tata Trusts today. 🧵

[Lukas Ekwueme @ekwufinance]

The US is fucked... they can't fight inflation.

What enabled Volcker to kill inflation by hiking rates aggressively was debt-to-GDP being at just ~30%.

Today, we are at over 100% and running $2T deficits...

This means all that rate hikes accomplish is increasing the deficit and thereby increasing inflationary pressures.

In other words, it doesn't matter whether we get a hike or a cut... the result will be inflation.

The reason debt to GDP was so low during the Volcker era was because the US had inflated the debt away after WWII.

I expect history to rhyme.

We don't own enough hard assets for what's coming.

[Alvin Foo @alvinfoo]

"No one leaves here alive. So please stop treating yourself as an afterthought. Eat delicious food. Walk in the sun. Jump into the sea. Speak the truth that you carry in your heart like a hidden treasure. Be silly. Be good. Be weird. There is no time for anything else. - Anthony Hopkins

[Patterns @Patterns0001]

Foreign investors’ net inflow into Indian Equities have fallen to almost zero over the last 10 years

[Ritika Chopra @RitikaChopra__]

Supreme Court agrees to hear plea against Chief Election Commissioner Gyanesh Kumar’s functioning, SIR

By @axidentaljourno
https://t.co/LjZuLHA4M5 via @IndianExpress

[शिक्षित बेरोज़गार @kaul_vivek]

The BSE Sensex closed at 72,079 points on June 4, 2024, the day the Lok Sabha results were declared.

Nearly 28 months later, it has delivered a return of 0%.

[Dr. Priyam Bordoloi @DocPriyamMD]

I just found out he has passed away. This is heartbreaking. He was just 21.

Please don’t treat malaria like an ordinary fever. Falciparum malaria, in particular, can become life-threatening quickly without prompt treatment. If doctors advise admission, please take it seriously.

[Subhash Chandra Garg @Subhashgarg1960]

Modi Govt always showcases Jan Dhan Accounts as its grand success. Its underbelly however is ugly. 26% accounts have seen no activity for 2 years. About 10% have 0 balance. This scheme has become stunted and crores of JDAs may really be fake and on paper. https://t.co/DmLpvcgmro

[J Gopikrishnan @jgopikrishnan70]

Interesting - Debt ridden Essar Group is investing $15 to 18 Billion in USA to start a big steel plant ... Menawhile, as per latest data of Largest Defaulters of Indian Banks, Essar Group is 10th largest defaulter facing recovery of more than Rs. 15,379 crore.

Collapsed Essar Group of Ruia brothers owes Rs 15,379 crore to Union Bank, Central Bank and UCO Bank - as per CIBIL data of Large Defaulters upto March 2026. https://t.co/5YYwBcPDQ1

What it means .... Essar Group which operated in Telecom, Power, Steel, Infra, Oil and plundered money of Indian banks have siphoned their money abroad ?