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@abidsensibull Ro mat SIP karo
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We dont need FII
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#SirCasm
@CNBC_Awaaz Here is the "Full Text of Leaked Budget Speech" #sircasm https://t.co/iEAakspMW3
#AbolishSTT #AbolishLTCG #RestoreIndexation #ReduceSTCG #STT #LTCG #STCG
🔥HOT BREAKING NEWS: Budget Speach LEAKED. (STT Abolished, LTCG 5%, STCG 10% and Indexation is back!)
#sircasm
"Hon’ble 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 ₹4-5 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
🔥HOT BREAKING NEWS: Budget Speach LEAKED. (STT Abolished, LTCG 5%, STCG 10% and Indexation is back!)
#sircasm
"Hon’ble 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 ₹4-5 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
I refuse to be a voter in a failed democracy.
#SIRScam
Merry Christmas from Sunny California 🎄🌴☀️
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#sircasm #basshouse #ukbass #djlife #dj #producer #dancemusic #housemusic #losangeles
#edm #darkbass #fyp #music #bassline #christmas #winter #happyholidays https://t.co/A2W42hdMvl
@shashiiyengar When a drug does, then it is evidence based medicine.
When the diet / natural food selection does it, it is homeopathy!
😂😂😂
#sircasm
✅Q2 finals at @iconcollective
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#sircasm #musicproducer #dancemusic #edm #iconcollective #finals #losangeles @ Los Angeles, California https://t.co/lDA422ijfL
Celebrating the close of Q1 with the homies from class.
@iconcollective
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#sircasm #losangeles #iconcollective #edm #dancemusic #ukbass #housemusic #music #art #weekend @ Burbank, California https://t.co/toro1Mk0Wd
Tune in via Twitch tonight at 9pm EST 🎅🎄🎧🎶
#sircasm #mixmas #basshouse #techhouse #ukbass #live #christmas #dj #producer #dancemusic #housemusic #washingtondc #losangeles #miami #fyp #party #twitch #thursday #shuffledance #dubstep #techno #edm #deej… https://t.co/Ck0YSFFFLq
12 Days of Mixmas has been going strong! Tune in via Twitch tonight at 9pm RST. I'll be playing oltomorrow but don't miss the music on any of the days. 🎅🎄🎧🎶
#sircasm #mixmas #basshouse #techhouse #ukbass #live #christmas #dj #producer #dancemusic #h… https://t.co/mMkU3FXa4o
Starting tonight, 12 Days of Mixmas! Tune in via Twitch and let the grooves begin. I'll be playing on Thursday but don't miss the music for the next 12 days.
#sircasm #mixmas #basshouse #techhouse #ukbass #live #christmas #dj #producer #dancemusic #hou… https://t.co/GcCDQw2nc7
Made a list and checked it twice. I’m bringing you the naughty and the nice! Join Sircasm and friends for 12 Days of Mixmas!
Tune in ⬇️⬇️⬇️⬇️ Dec 25th - Jan 5th
https://t.co/7Zh9GYj5ac
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.#sircasm #basshouse #techhouse #ukbass #live #djlife #dj #… https://t.co/HgkIiUUwFK
Translation:
When I was young(and poor) I met 2 brothers Rishi and Kishi in Bengal. I taught them entire political science. Kishi shifted to Japan and kept the name I used to fondly call him - Kishida
Congratulations my friend Kishida on becoming the PM of Japan.
#sircasm
Out here doing music video things with @LilMaceo and @masterclipz
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#sircasm #popup #edm #jazz #dancemusic #housemusic #cars #night #garage #dj #producer #va #md #dmv #hi #friday #musicvideo @ Washington D.C. https://t.co/T9QWGnmq93
Y’all like it thick?
����
MARCH 10th I’m releasing this guy!
And I’ll be releasing new music every Friday this month! Stay tuned!
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#sircasm #basshouse #housemusic #edm #dmv #producer #dj #artist #covid2020 #friday… https://t.co/1nhULgpX9P
#Joker #climatechange #weed #faith #Delhi #gotham #Sircasm #Twitter
Read my thoughts on @YourQuoteApp at https://t.co/P05xtFfcDe
Turn up the lights in here baby. Extra bright, I want y’all to see this.
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Taken from last weeks show with @hunterheflin at @tropicaliadc
What’a vibe!
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#sircasm #impulsecollective #edm #house… https://t.co/y5C7KclqiW
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