Respected @nsitharaman ji and @FinMinIndia,
Suggestion 3 of 3 for strengthening India's capital markets:
Securities Transaction Tax (STT) should be abolished.
STT was introduced as a simplified transaction tax to facilitate easier collection of taxes from capital market transactions. However, over time, it has effectively become an additional layer of taxation alongside other market-related levies.
A simplification measure should not evolve into permanent duplication.
In addition to brokerage, investors already bear multiple statutory and regulatory charges including exchange transaction charges, GST on transaction-related charges, SEBI turnover fees, stamp duty and STT.
Unlike income tax, STT is payable irrespective of whether an investor makes a profit or a loss. The investor pays the tax simply for participating in the market.
Capital markets play a vital role in channeling household savings into productive enterprises, supporting entrepreneurship, generating employment and strengthening India's economic growth. Transaction costs and multiple layers of taxation discourage participation, particularly among long-term retail investors.
India's equity markets have matured significantly since the introduction of STT. The time has come to review its original purpose and reconsider its continued relevance.
Abolishing STT would simplify market taxation, improve capital market efficiency and encourage greater participation in India's growth story.
Respectfully submitted.
The U.S. tried to slow China with tariffs & pressure.
China responded by building factories, AI, EVs, supply chains & global trade power.
Now America is back at the negotiation table.
Lesson: Long-term vision & execution beat short-term political drama. 🇨🇳🌏
Many " so called fin-fluencers " are dancing after seeing the green candle today. Use your brain, they will sell you their course or AI prompt & will vanish. They don't care about your money. The market is not stabilized yet, VIX>25. Invest carefully 🚨
@JioCare The technician is not coming, he always cancelled the schedule. Why can't you arrange an area supervisor to check the matters which your nobish technician can't solve?
@JioCare Service is getting worse day by day. They are appointing 1 under knowledge technician for an area with more than 50k peoples.
The technician visited my home and told me he could not solve the issue and after 5 days my problem still exists after so many callsWORST SERVICE
Iran FM Abbas ,@araghchi:
"We permitted passage through the Strait of #Hormuz for friendly nations including China, Russia, India, Iraq, and Pakistan".
@JioCare@JioCare@reliancejio major issue with my broadband constantly and your service engineer are below average in technical knowledge till problem not solved after 48hrs. All my official works are hammered because of it
@ishmohit1 Why can anyone think of playing test cricket in a T20 pitch?!
It's better to wait and watch. After all few retail investors can't change the game when institutions are flying
Visuals of Pine Gas LPG Carrier, which crossed the Strait of Hormuz
Two Indian LPG carriers, Jag Vasant and Pine Gas, carrying 92,612.59 MT of LPG, have transited through the Strait of Hormuz. The vessels have 33 and 27 Indian seafarers onboard, respectively. These vessels are destined for India and are likely to reach Ports between 26th & 28th March 2026.
Source: Government of India
@stockscansin Bull market will start when 52wh will cross min.22%. and 69% over 200dema. Below this all are momentum, nothing for long term players. The pitch is for T20; how can you play TEST cricket here?🙂
BREAKING PRESIDENT TRUMP: 🇺🇸🇮🇷 We had very good and productive conversations regarding a complete and total resolution of hostilities in the Middle East.
Military strikes postponed for 5 days.
Historically this is the starting point of the Bull Market. Untill & unless it gets started all your theme/ sector can only erode your capital for Short-term. As of now the pitch is for T20 then why trying to play Test Cricket? #InvestorAwareness#stockmarket#StockOptions
@ishmohit1 Untill the Bull market gets started, no sector can be good. If we are so convenient about a sector then why can't we wait for Bull to start run?! What's the point to make my 100₹ to 60₹ within few weeks? This is not the pitch of Test Cricket, it's more like T20 #momentum
These roadside thugs keep spreading clouds of cement dust while riding their motorcycles. Because of the complete inaction of Bihar Police, their arrogance has grown unchecked. What started as a nuisance is now becoming a daily menace across villages and cities.
Breathing cement dust can seriously harm people’s lungs, yet such reckless acts continue in broad daylight. But authorities remain silent spectators. Bihar Police, keep sleeping while public safety turns into a joke. 🚨 @bihar_police@BiharHomeDept@samrat4bjp