Hitesh Patel

Engineer by Education, Passionate to be Trader.

[Ravi Parmar @raviparmarIN]

हर बार की तरह इस बार भी मिलार्ड ने दिल जीत लिया है, निष्पक्ष और ईमानदार फैसला देकर 🔥🔥🔥

20 जुलाई 2023 में 19 वर्षीय तथ्य पटेल ने अहमदाबाद में इस्कॉन फ्लाईओवर पर 160 की रफ़्तार से अपनी जैगुआर कार से 9 लोगों को कुचलकर मार दिया था,

सुप्रीम कोर्ट ने इस युवक को 1 करोड़ के बॉन्ड पर परमानेंट जमानत दे दी है, अब वह जेल से बाहर आ जाएगा और फ़िर कोई लेबोर्गिनी जैसी कार से ड्रिफ्ट मार सकेगा,

धन्यवाद् मिलार्ड, आपका यह फैसला मिल का पत्थर साबित होगा, अगर कोई व्यक्ति अमीर खानदान से है और वह गरीबों को कुचल दे तो, 1 करोड़ के रुपये देकर छूट सकते हैं 🔥🔥

[Vijay Kedia @VijayKedia1]

Respected @nsitharaman ji and @FinMinIndia ,

Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.

A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.

India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.

The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.

Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.

India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.

Respectfully submitted.

[Vijay Kedia @VijayKedia1]

Respected @nsitharaman ji and @FinMinIndia,
Suggestion 2 of 3 for strengthening India's capital markets:

Dividend income on listed equities should not be subjected to double taxation.

A business can raise capital in only two ways: debt or equity.
When a company raises debt, the interest paid to lenders is treated as a business expense and deducted before tax. The lender may then pay tax on the interest received.

However, when a company raises equity capital, dividends are paid out of profits that have already suffered corporate tax. The shareholder is then taxed again on the same stream of income.

More importantly, equity capital bears far greater risk than debt capital. A lender has a contractual right to interest and principal repayment. A shareholder has no such guarantee. Dividends are discretionary, capital is fully at risk, and the shareholder stands last in line if a business fails.

If debt providers receive tax-deductible compensation despite bearing lower risk, there is a strong case for more favourable treatment of equity providers who supply the permanent capital that fuels entrepreneurship, innovation, employment and economic growth.

India needs to encourage long-term risk capital and greater participation in equity markets. Tax policy should reward those who provide patient equity capital to Indian enterprises rather than place them at a relative disadvantage compared to debt capital.

Respectfully submitted.

[Vijay Kedia @VijayKedia1]

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.

[Hitesh Patel @imheetesh]

@ndtvindia Justice can be buy in india. this is perfect example.

[NCMIndia Council For Men Affairs @NCMIndiaa]

GRP Yamunanagar is still refusing to even take the complaint of the family who was beaten and abused by these Mother-Daughter duo onboard Shri Ganga Nagar-Rishikesh Express. Instead the police is forcing the family to delete these videos and apologise to the Mother-Daughter duo for posting their videos.
How can Police be so blind and biased that even after clear video evidence they are so rigid to not take any action against the culprits and instead lodged an FIR against those who were abused and beaten by these Mother-Daughter duo.
@drm_umb @DGPHaryana

[Hitesh Patel @imheetesh]

@AnujShukla00006

[Hitesh Patel @imheetesh]

@jiajeetji Kharab acting thi aunty ki

[Hitesh Patel @imheetesh]

@kathiyawadiii As dofa ne kayda nu bhan karavu jaruri chhe

[Revant Himatsingka “Food Pharmer” @foodpharmer2]

Bad News: Fake ORS Scam is BACK!

When ORSL got exposed they did not fix the product.

They just changed the name into something similar to confuse the public.

It’s shocking that even after so much public outrage & exposing they are continuing to deceive the public.

I request all Indians to unite and support by sharing this across all platforms to make Indians aware about this deception

If we don’t call this out loudly, these brands will keep coming with new names to fool the public again.

#ORS #FoodPharmer #LabelPadhegaIndia

[The Fibonacci Trader @FibTraderR]

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[Hitesh Patel @imheetesh]

@dave_janak @AhmedabadPolice Great 👍

[Janak Dave @dave_janak]

પોલીસ કોન્સ્ટેબલ અને મહિલા વચ્ચેની બબાલ UnCut Body-cam વીડિયો.

વીડિયો જોઈ આપ પોતાનો પક્ષ મૂકી શકો છો.

( *Strong Language - Use Headphone )

#Ahmedabad | #PoliceConstable | @AhmedabadPolice

[The Fibonacci Trader @FibTraderR]

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[Hitesh Patel @imheetesh]

@FibTraderR Sent

[The Forgotten ‘Man’ 👨‍⚖️ @SamSiff]

So this is what Indian Judiciary will do when criminal is a Woman.
One year adjournment ??

Shame on judiciary.

[Revant Himatsingka “Food Pharmer” @foodpharmer2]

Bad news. Fake ORS ban has been paused by the Delhi high court.

ORSL has been allowed to sell 180 crore of their stock first. ORSL sells at 45 rupees per pack, so basically they want to sell 4 crore (180/45) fake ORS packs.

These fake products have up to 10 times more sugar than real ORS, and can be dangerous for kids suffering from diarrhea.

I request all Indians to unite and support @dr_sivaranjani
in the fight against fake ORS.

Please share this across all platforms so that we can put public pressure to not have any fake ORS sold.

#ORS #FoodPharmer

[Hitesh Patel @imheetesh]

@voiceofhindus Never ever

[Hitesh Patel @imheetesh]

@advkinjalpatel વહેમ ની કોઈ દવા નથી. એટલે ખોટુ વહેમ ના રેહવુ.

[Vijay Patel @vijaygajera]

URGENT SUPPORT NEEDED.

So MP Ahammed Owned Malabar Gold wants to send me to jail for exposing their Pakistani influencer collaboration, who has mocked our operation Sindoor.

I am willing to go to jail for the pride of our Army.

You can’t silence me just because you have the power of money.

I have not said anything wrong in my tweets.

They are saying that they have hired a Pakistani influencer who has mocked our Indian army and Operation Sindoor, much before.

As an Indian company, it’s your first duty to hire only Indian influencers instead of Pakistani ones.

You failed in it, and your hired influencer has spoken against our Indian Army. I have just highlighted that.

Let me clarify again, I will choose jail instead of bowing down to a company that hires anti-India influencers for their profit.

Let’s see who wins: your money, power, or the support of Indians.