Top Tweets for #ReduceSTCG
Capital market is being over taxed in India.
#ReduceLTCG #ReduceSTCG #AbolishSTT #AbolishLTCG #LTCG #STCG
Important! βοΈ YES. ESM was amended after public hue and cry ONLY. The crackpot SEBI person behind ESM, was not given extension. Govt did hear and act on ESM. So, don't stop!
Successive Govts CHEATED investors after removing LTCG when STT was introduced, claiming it is only "a once and for all" replacement.
But LTCG was shamelessly brought back in 2018 while retaining STT and the Govt continued to increase these tax rates and TOTALLY removed indexation benefits
If we keep QUIET, be ready for 20% LTCG with NO INDEXATION. That is the policy of the Govt & FM @nsitharaman and will happen in due course, if not protested.
#ReduceLTCG #ReduceSTCG #AbolishSTT #AbolishLTCG #LTCG #STCG
Important! βοΈ YES. ESM was amended after public hue and cry ONLY. The crackpot SEBI person behind ESM, was not given extension. Govt did hear and act on ESM. So, don't stop!
Successive Govts CHEATED investors after removing LTCG when STT was introduced, claiming it is only "a once and for all" replacement.
But LTCG was shamelessly brought back in 2018 while retaining STT and the Govt continued to increase these tax rates and TOTALLY removed indexation benefits
If we keep QUIET, be ready for 20% LTCG with NO INDEXATION. That is the policy of the Govt & FM @nsitharaman and will happen in due course, if not protested.
#ReduceLTCG #ReduceSTCG #AbolishSTT #AbolishLTCG #LTCG #STCG
points sunke hee gussa ho gayee madam! Such simple and easy suggestions! But who will take the trouble to make "her" understand?!
#AbolishSTT #AbolishLTCG #RestoreIndexation #ReduceSTCG #STT #LTCG #STCG @nsitharaman
Dear @nsitharaman ji
Here is my Budget Suggestion For You
My Budget 2026 Suggestion
1. STCG & LTCG = 10%
2. Bring Back Indexation for LTCG
3. Exemption of Rs. 1,25,000 for STCG
4. Introduce deduction in New Regime (Like 80C, 80D Etc.,)
5. Amend Definition of 115BAC and Include Special Tax Rate income in 115BAC (I.e. LTCG & STCG)
6. Addition of New Provision which mandate IT Department to release ITR Utilty on 1st April itself (in case of late release of utility, due date will automatically extended by no days delayed)
π₯HOT BREAKING NEWS: Budget Speach LEAKED. (STT Abolished, LTCG 5%, STCG 10% and Indexation is back!)
#sircasm
"Honβble Speaker, I rise to present the Union Budget for the financial year 2026-27, a blueprint for an empowered, resilient, and prosperous India. As we stand at the cusp of a new era, our economy has demonstrated remarkable fortitude amidst global uncertainties.
GDP growth is projected at 7.2% this year, inflation is well-contained below 5%, and our foreign exchange reserves stand robust at over $700 billion. Yet, we recognize the headwinds facing our vibrant capital markets, which have underperformed relative to peers due to external pressures and investor sentiments.
Sir, our securities market is the lifeblood of economic growth, channeling savings into productive investments, fostering innovation, and creating jobs for millions. In recent times, foreign institutional investors have expressed concerns over taxation structures, leading to outflows that have dampened market enthusiasm. Listening to the voices of our investors, I have decided to act decisively to reignite confidence, attract global capital, and propel our markets to new heights.
To begin with, I propose the complete abolition of the Securities Transaction Tax (STT) on all equity and derivative transactions. This long-standing demand will eliminate unnecessary friction, making trading more cost-effective and encouraging higher volumes. No longer will investors bear this burden; instead, they will thrive in a seamless, efficient marketplace.
Furthermore, to reward long-term commitment and wealth creation, I announce a reduction in the Long-Term Capital Gains (LTCG) tax on equities from the current 12.5% to a modest 5%. This will incentivize patient capital, aligning with our vision of a nation where investments grow alongside dreams.
For short-term gains, which fuel dynamic market participation, the Short-Term Capital Gains (STCG) tax will be lowered from 20% to 10%. This balanced approach ensures fairness while boosting liquidity and turnover.
And finally, Sir, recognizing the erosive impact of inflation on real returns, I am delighted to restore the indexing benefit for capital gains computation. Investors will now adjust their acquisition costs for inflation, ensuring that taxes are levied only on genuine profits, not illusory ones. This reform, absent for too long, will protect savings and promote equitable taxation.
These measures, taken together, are expected to unlock unprecedented inflows I project could surge to βΉ4-5 lakh crore (approximately $50-60 billion) over the next 12-18 months from foreign institutional investors eager to participate in India's growth story.
Companies will be empowered to raise capital through preferential offers, rights issues, and follow-on public offers, driving massive capex in infrastructure, manufacturing, and technology. Imagine the ripple effects: factories humming with activity, startups scaling globally, exports booming and soaring employment opportunities
Sir, these proposals are not mere tweaks; they are a bold invitation to the world. India is open for business, ready to lead the next wave of global investment.
As we implement these changes, our fiscal prudence remains intact. The revenue foregone will be offset by higher transaction volumes, broader tax compliance, and the multiplier effect of economic acceleration. Our deficit target stands at 4.4% of GDP, with borrowings calibrated to sustain growth without crowding out private investment.
In conclusion, Mr. Speaker Sir, this Budget is a celebration of India's unyielding spirit. Let us build a Viksit Bharat where markets flourish, investors prosper, and every citizen shares in the dividends of progress. Jai Hind!"
If leak is true, @nsitharaman will be known as the best FM ever! @FinMinIndia @PMOIndia
#AbolishSTT #AbolishLTCG #RestoreIndexation #ReduceSTCG #STT #LTCG #STCG
@CNBC_Awaaz Here is the "Full Text of Leaked Budget Speech" #sircasm https://t.co/iEAakspMW3
#AbolishSTT #AbolishLTCG #RestoreIndexation #ReduceSTCG #STT #LTCG #STCG
π₯HOT BREAKING NEWS: Budget Speach LEAKED. (STT Abolished, LTCG 5%, STCG 10% and Indexation is back!)
#sircasm
"Honβble Speaker, I rise to present the Union Budget for the financial year 2026-27, a blueprint for an empowered, resilient, and prosperous India. As we stand at the cusp of a new era, our economy has demonstrated remarkable fortitude amidst global uncertainties.
GDP growth is projected at 7.2% this year, inflation is well-contained below 5%, and our foreign exchange reserves stand robust at over $700 billion. Yet, we recognize the headwinds facing our vibrant capital markets, which have underperformed relative to peers due to external pressures and investor sentiments.
Sir, our securities market is the lifeblood of economic growth, channeling savings into productive investments, fostering innovation, and creating jobs for millions. In recent times, foreign institutional investors have expressed concerns over taxation structures, leading to outflows that have dampened market enthusiasm. Listening to the voices of our investors, I have decided to act decisively to reignite confidence, attract global capital, and propel our markets to new heights.
To begin with, I propose the complete abolition of the Securities Transaction Tax (STT) on all equity and derivative transactions. This long-standing demand will eliminate unnecessary friction, making trading more cost-effective and encouraging higher volumes. No longer will investors bear this burden; instead, they will thrive in a seamless, efficient marketplace.
Furthermore, to reward long-term commitment and wealth creation, I announce a reduction in the Long-Term Capital Gains (LTCG) tax on equities from the current 12.5% to a modest 5%. This will incentivize patient capital, aligning with our vision of a nation where investments grow alongside dreams.
For short-term gains, which fuel dynamic market participation, the Short-Term Capital Gains (STCG) tax will be lowered from 20% to 10%. This balanced approach ensures fairness while boosting liquidity and turnover.
And finally, Sir, recognizing the erosive impact of inflation on real returns, I am delighted to restore the indexing benefit for capital gains computation. Investors will now adjust their acquisition costs for inflation, ensuring that taxes are levied only on genuine profits, not illusory ones. This reform, absent for too long, will protect savings and promote equitable taxation.
These measures, taken together, are expected to unlock unprecedented inflows I project could surge to βΉ4-5 lakh crore (approximately $50-60 billion) over the next 12-18 months from foreign institutional investors eager to participate in India's growth story.
Companies will be empowered to raise capital through preferential offers, rights issues, and follow-on public offers, driving massive capex in infrastructure, manufacturing, and technology. Imagine the ripple effects: factories humming with activity, startups scaling globally, exports booming and soaring employment opportunities
Sir, these proposals are not mere tweaks; they are a bold invitation to the world. India is open for business, ready to lead the next wave of global investment.
As we implement these changes, our fiscal prudence remains intact. The revenue foregone will be offset by higher transaction volumes, broader tax compliance, and the multiplier effect of economic acceleration. Our deficit target stands at 4.4% of GDP, with borrowings calibrated to sustain growth without crowding out private investment.
In conclusion, Mr. Speaker Sir, this Budget is a celebration of India's unyielding spirit. Let us build a Viksit Bharat where markets flourish, investors prosper, and every citizen shares in the dividends of progress. Jai Hind!"
If leak is true, @nsitharaman will be known as the best FM ever! @FinMinIndia @PMOIndia
#AbolishSTT #AbolishLTCG #RestoreIndexation #ReduceSTCG #STT #LTCG #STCG
If STT is an appropriate tax, why is it not applied in other countries @nsitharaman ?
#AbolishSTT #AbolishLTCG #RestoreIndexation #ReduceSTCG #STT #LTCG #STCG
"Despite intentions to promote market stability, empirical analyses of STT implementations reveal substantial drawbacks, including sharp declines in trading volume, widened bid-ask spreads, and elevated short-term volatility, as observed in cases like Sweden's 1984 tax experiment where volume dropped over 80% and trading shifted abroad"
Full Article :
https://t.co/RLoion73Kg
Legal Validity of #STT. Supreme Court has issued notice to Center in Oct 2025 to reply. BUT Govt delays so that it can continue the illegal tax! (Case filed by Investor Aseem Juneja)
#AbolishSTT #AbolishLTCG #ScrapSTT #ReduceSTCG
STT was introduced by Mr.Chidambaram after totally scrapping #LTCG and bringing #STCG down to 10%. The reason mentioned was "LTCG evasion was happening and hence it is being REPLACED WITH STT"
So it was a replacement.
But in 2018, Mr. Jaitly did unbelievable act of bringing LTCG back without removing STT.
The case in Supreme Court questions constitutional validity of STT regime
Questions for which the SC has asked Center to file affidavit.
Is STT a valid βtransaction taxβ or an indirect way of taxing income?
Does levying STT on the loss amount to arbitrariness under Article 14?
Can such a tax exist without any provision for refund or adjustment?
Does it infringe the right to freely conduct business under Article 19?
Legal Validity of #STT. Supreme Court has issued notice to Center in Oct 2025 to reply. BUT Govt delays so that it can continue the illegal tax! (Case filed by Investor Aseem Juneja)
#AbolishSTT #AbolishLTCG #ScrapSTT #ReduceSTCG
STT was introduced by Mr.Chidambaram after totally scrapping #LTCG and bringing #STCG down to 10%. The reason mentioned was "LTCG evasion was happening and hence it is being REPLACED WITH STT"
So it was a replacement.
But in 2018, Mr. Jaitly did unbelievable act of bringing LTCG back without removing STT.
The case in Supreme Court questions constitutional validity of STT regime
Questions for which the SC has asked Center to file affidavit.
Is STT a valid βtransaction taxβ or an indirect way of taxing income?
Does levying STT on the loss amount to arbitrariness under Article 14?
Can such a tax exist without any provision for refund or adjustment?
Does it infringe the right to freely conduct business under Article 19?
Do Read Business Today Article and thread below, by @palakshahjourno. He has tried to open the shut eyes of FM and demanded to bring back #Indexation with a reduced LTCG.
#AbolishSTT #AbolishLTCG #ScrapSTT #ReduceSTCG #RestoreIndexation @FinMinIndia
Quote:
"Indexation on LTCG: Bring back inflation adjustment for equities so that gains reflect real returns, not nominal spikes eroded by taxes."
Dear Madam Finance Minister: Release the Choke Hold Over Stock Markets
They are suffocated not by global forces alone but by the policy choices that has turned risk capital into tax fodder #Budget2026
Read my full column @BWBusinessworld @anuragbatrayo
https://t.co/0CDsDppUNK
Be ready for 15% LTCG if no pressure on FM.
#AbolishSTT #AbolishLTCG #ScrapSTT #ReduceSTCG
No FII Needed since Indian Retailer has Loss(not just shock) absorbing capacity she says! So screw them MAXIMUM! That is the motto! That is the FM's concept.
What she means: Even if FII goes, retailers will trade and invest and we will make HUGE tax collection even with 20% LTCG, 20% STCG and double STT.
Be ready for 15% LTCG if no pressure on FM.
#AbolishSTT #AbolishLTCG #ScrapSTT #ReduceSTCG
No FII Needed since Indian Retailer has Loss(not just shock) absorbing capacity she says! So screw them MAXIMUM! That is the motto! That is the FM's concept.
What she means: Even if FII goes, retailers will trade and invest and we will make HUGE tax collection even with 20% LTCG, 20% STCG and double STT.
EQUITY INVESTMENT - CAPITAL GAINS TAX HISTORY. Who did what to us!
#AbolishSTT #ScrapSTT #AbolishLTCG #ReduceSTCG #Budget2026
Till 1992, capital gains was taxed under IT slab rate of each individual.
1992 β Dr. Manmohan Singh boosted investment by introducing indexation to take care of impact of inflation with 20% LTCG. STCG continued under slab rate
2004 β Mr.Chidambaram suddenly π‘introduced STT. But he Removed πLong Term Capital Gains completely. STCG was set at low 10%
2008 β STCG was hiked to 15% by Mr. Chidambaram (this was a bad move, hated by market) Nifty lost badly even before the mega crash happened in Sept (Lehman collapse)
2018 β No one expected LTCG to be brought back when STT was already in place. But Mr. Jaitly did it. Brought back LTCG at 10% rate (without indexation) Investors took this as CHEATING π‘ of trust. STT and LTCG was never to be applied together. Nifty performed poorly +3.5% in Fy2018
2024 - Instead of correcting the cheating of investors done in 2018, in 2014, the FM did NOT remove STT.
Instead,π‘ INCREASED LTCG to 12.5% with threat to increase to 20% and STCG was pushed uptoπ‘ 20% All forms of Indexation Removed. Idea was to milk as much as possible since market was good.
2026: FM had taken advantage of strong market in 2024 to push regressive tax regime. So it is natural and logical to reverse those decisions, NOW.
Now FM SHOULD:
1. Abolish STT.
2. If FM cant do that, then Abolish LTCG
3. Reduce #STCG back to 10%
"STOP DOUBLE TAXATION. No #STT with #LTCG "
STT, LTCG, STCG? Got this RESPONSE from Dear FM on budget demands by investors. Should not have asked Madam. Regret now!!π She just decimated the investor community, for asking! (sarcasm)
She has threatened to do "retrospective REVENUE RECTAL EXAM, deep into our returns" π
Read only if you have enough mental strength to bear abuse!!
"Oh, my dear beleaguered band of bourse bandits and equity enthusiasts, this is your Finance Minister Nirmala Sitharaman speaking, straight from the fiscal fortress of North Block.
I've been poring over the cacophony of cries echoing through the digital doldrums of X, where you lot are wailing like wounded walruses about the purported perils of our capital gains regime.
You sniveling speculators are screeching for a wholesale WITHDRAWAL of Long-Term Capital Gains (LTCG) tax, positing that its abolition would unleash a torrent of Foreign Institutional Investor (FII) inflows, turbocharging our balance of payments with a Keynesian kickstart on steroids.
You claim this would amplify aggregate demand through multiplier effects on marginal propensities to invest, turning our equity ecosystem into a veritable velocity vortex of value creation.
And you're begging to slash Short-Term Capital Gains (STCG) to a paltry 5%, arguing it would dampen the disincentive distortions in our inter temporal consumption smoothing, allowing for smoother growth without the frictional fu**ery of fiscal friction.
And Oh, the histrionics over Securities Transaction Tax (STT). You call it double taxation, a duplicative drag on liquidity that decimates the Laffer curve's lucrative ledge, siphoning surplus from your sacred savings into supposed slush funds for vote-bank voodoo economics.
You bitch about how your hard-earned hauls are hemorrhaging into "unproductive" government gimmicks, while the broader bazaar bleeds dry, liquidity languishing like a limp liquidity trap, in a liquidity-less limbo.
Apparently, my so-called "failures" have fomented this financial famine, and only by zeroing out LTCG for holdings beyond two years, capping STCG at 5%, and nuking STT entirely can we resurrect the rupee's roar and beckon back those bashful FIIs?
Well, listen up, you whiny wankers of the wealth world. I've had it up to my fiscal eyeballs with your entitled ejaculations! (OOPS! π)
You think you can prance around on X like petulant pricks, demanding I bend over backwards to fluff your fat portfolios while you sit on your asses trading pixels? (WHAT?!! π€£)
F**k that noise! If you dare question my budgetary brilliance again, I'll ram a retrospective REVENUE RECTAL EXAM so deep into your returns, you'll be shitting surcharges, for generations.(ππ€£π OH MY GOD!)
Your "demands" are nothing but the diarrheal delusions of dickless day-traders who couldn't compound a coherent thought if their leverage depended on it. (OH THAAAAI! π)
Go choke on your own capital losses, you parasitic pissants. The government's gravy train isn't your personal glory hole. And if you keep this crap up, I'll hike those taxes higher than your inflated egos, just to watch you squirm like the spineless speculators you are. (NO THAAI ... NOOO! ππ€£π)
Now shut your pie holes and let me steer this ship, or I'll make sure your next "investment" is in a one-way ticket to tax hell!" (Holy Crap! She is all Fire π₯)
(SHOULD NOT HAVE ASKED HER ANYTHING! THIS IS TOO MUCH TO BEAR! π )
...........................
Hope this post WILL NOT go VIRAL πand land up on @nsitharaman iPhone!
π₯NEED TO BE LOUD ON CAPITAL GAINS TAX REFORM
#AbolishSTT #ScrapSTT #AbolishLTCG #ReduceSTCG #Budget2026
There was No LTCG on listed securities from 2004 to 2018 March. Did everyone DIE and Country Collapse in this 15 year period????
In fact, the exemption was introduced to encourage greater investor participation and deepen the equity markets and hence boost capital expenditure in industries
βWho brought LTCG tax back (On top of existing STT) in 2018?
βThen who decided to rip investors by increasing LTCG as well as taking STCG to unreasonable 20% in 2024?
The same person had mentioned in 2024 that her dream is to make LTCG equal to STCG in couple of years π‘ Does she want Modi to be brought down?!
Investor faith in BJP is on downward spiral π Remember how @raghav_chadha caused massive interest by speaking up on Capital Gains?
While the IT bracket reform done last year is appreciated, similar strong reform is needed in Capital Gain segment too. Even indexation is to be brought back while tax rate remains very low.
If not opposed and if everyone keeps quiet, we will find 15% LTCG this year and 20% Next Year.
#LTCG #STCG #STT @FinMinIndia @nsitharamanoffc
STT, LTCG, STCG? Got this RESPONSE from Dear FM on budget demands by investors. Should not have asked Madam. Regret now!!π She just decimated the investor community, for asking! (sarcasm)
She has threatened to do "retrospective REVENUE RECTAL EXAM, deep into our returns" π
Read only if you have enough mental strength to bear abuse!!
"Oh, my dear beleaguered band of bourse bandits and equity enthusiasts, this is your Finance Minister Nirmala Sitharaman speaking, straight from the fiscal fortress of North Block.
I've been poring over the cacophony of cries echoing through the digital doldrums of X, where you lot are wailing like wounded walruses about the purported perils of our capital gains regime.
You sniveling speculators are screeching for a wholesale WITHDRAWAL of Long-Term Capital Gains (LTCG) tax, positing that its abolition would unleash a torrent of Foreign Institutional Investor (FII) inflows, turbocharging our balance of payments with a Keynesian kickstart on steroids.
You claim this would amplify aggregate demand through multiplier effects on marginal propensities to invest, turning our equity ecosystem into a veritable velocity vortex of value creation.
And you're begging to slash Short-Term Capital Gains (STCG) to a paltry 5%, arguing it would dampen the disincentive distortions in our inter temporal consumption smoothing, allowing for smoother growth without the frictional fu**ery of fiscal friction.
And Oh, the histrionics over Securities Transaction Tax (STT). You call it double taxation, a duplicative drag on liquidity that decimates the Laffer curve's lucrative ledge, siphoning surplus from your sacred savings into supposed slush funds for vote-bank voodoo economics.
You bitch about how your hard-earned hauls are hemorrhaging into "unproductive" government gimmicks, while the broader bazaar bleeds dry, liquidity languishing like a limp liquidity trap, in a liquidity-less limbo.
Apparently, my so-called "failures" have fomented this financial famine, and only by zeroing out LTCG for holdings beyond two years, capping STCG at 5%, and nuking STT entirely can we resurrect the rupee's roar and beckon back those bashful FIIs?
Well, listen up, you whiny wankers of the wealth world. I've had it up to my fiscal eyeballs with your entitled ejaculations! (OOPS! π)
You think you can prance around on X like petulant pricks, demanding I bend over backwards to fluff your fat portfolios while you sit on your asses trading pixels? (WHAT?!! π€£)
F**k that noise! If you dare question my budgetary brilliance again, I'll ram a retrospective REVENUE RECTAL EXAM so deep into your returns, you'll be shitting surcharges, for generations.(ππ€£π OH MY GOD!)
Your "demands" are nothing but the diarrheal delusions of dickless day-traders who couldn't compound a coherent thought if their leverage depended on it. (OH THAAAAI! π)
Go choke on your own capital losses, you parasitic pissants. The government's gravy train isn't your personal glory hole. And if you keep this crap up, I'll hike those taxes higher than your inflated egos, just to watch you squirm like the spineless speculators you are. (NO THAAI ... NOOO! ππ€£π)
Now shut your pie holes and let me steer this ship, or I'll make sure your next "investment" is in a one-way ticket to tax hell!" (Holy Crap! She is all Fire π₯)
(SHOULD NOT HAVE ASKED HER ANYTHING! THIS IS TOO MUCH TO BEAR! π )
...........................
Hope this post WILL NOT go VIRAL πand land up on @nsitharaman iPhone!
@JManishRaj1 Think #AbolishSTT #ScrapSTT will trend before budget. Also #AbolishLTCG #ReduceSTCG #LTCG #STCG #STT #DoItNirmala
@chartians #AbolishSTT #ReduceSTCG #RemoveLTCG Why would one invest in India while taking so much of risk @FinMinIndia @narendramodi @nsitharaman @nsitharamanoffc @PMOIndia
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