My Demand: Make Long Term Capital Gain TAX on Equities NIL for individual investor.
I welcome the hike in STT (security transaction tax) on derivatives as it can curb reckless speculation. Nearly 90% of retail investors lose money in F&O, turning markets into gambling.
When STT was originally introduced, LTCG was zero. But now with both STT and LTCG in place, investors are disincentivised.
I urge the govt to abolish LTCG on equities for individuals, as done in Switzerland, Singapore, UAE & others. This will boost household wealth, reduce speculation, and shift savings from gold & real estate into equities.
जो 2 कौड़ी के रिलस्टार खुद को सेलेब्रेटी समझकर
संस्कृति का मज़ाक बनाते हैं, वो ये जरूर देखें
बप्पा के आगमन पर भक्ति में लीन राधिका मर्चेंट
का यह मनमोहक पारंपरिक नृत्य दिल जीत लेगा
संस्कृति, परंपरा और श्रद्धा का अद्भुत संगम
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