@tejasghongadi@atul1602 50l approx invested now is about 72l assuming 5k a month as starting amount and 42.5k as avg investment monthly over the years?
The Indian salaried class has been methodically stripped of every single inflation hedge available to it, one budget at a time.
You tried crypto. They slapped a 30% flat tax on gains, allowed no set-off of losses, and added 1% TDS on transfers.
You tried equities. Budget 2024 raised STCG from 15% to 20%, raised LTCG from 10% to 12.5%, increased STT on F&O, and also killed indexation for most other long-term capital gains.
You thought fine, I’ll diversify some savings abroad through LRS. They put 20% TCS on remittances above 10 lakhs for investments abroad.
You tried Sovereign Gold Bonds, because surely a government-issued, government-backed gold hedge would be the one clean instrument they would not mess with. Then Budget 2026 came along and removed the capital gains exemption for secondary market buyers.
And now the final insult.
The Prime Minister has publicly asked you to avoid buying physical gold for a year in the “national interest,” because gold imports use foreign exchange.
So let me get this straight. A middle class wagie earning in depreciating rupees, watching FD rates hover around 6.5% while real life inflation keeps eating his purchasing power, has now been told:
Crypto is taxed like a vice.
Equities are more expensive to hold and exit.
Foreign diversification gets hit with TCS.
SGBs are being wound down and tax-narrowed.
Buying physical gold is now unpatriotic.
Basically, every single exit from rupee depreciation has been systematically curtailed. You are expected to hold your savings in instruments the government controls, at returns the government sets, for a currency the government is rapidly inflating away.
Does this sound like Amrit Kaal to you?
@nandiniv Vishweshwarayya Museum, lots of gears, crank shafts, engines and other parts on display to not only see but touch and feel as well. Technical yes but gives you the real feel. One has to weave a story with the basics and kindle their imagination.
@IGPcom What a disaster of a cake! Ordered the Christmas tree swirls cake and found the stain of the cream to be so concentrated that it would not leave my hand after washing thrice with soap. You guys should do a full audit of your partners or shut shop!
@saffrontrail Lulu hypermarket comes close, but they are not wholesale more like retail Costco. Same with Saravana Stores. The concept of membership based models like BJs or Costco in Indis is Metro Cash and Carry alone.
@rajupp@zomato I had same exp, driver partner not changed as 1st one was not picking call. Worse, this coupon is not a voucher and will be the only coupon you get to use on next order. I escalated the issue and asked for call back @zomatocare , 2hours they said, it's been a week since, no call.
@Vikrchan Deep Fried with fried- curry leaves, garlic, peanuts, roasted chana, badam, cashew, fried corn flakes, copra, avalakki and the list goes on and on