Deloitte to resign as Adani Ports Auditor after raising concerns
S.R. Batliboi, a member of EY, has also repeatedly issued qualified opinions on the financials of Adani Power while KPMG resigned as co-auditor of Adani Green Energy in 2021
#AdaniPorts#AdaniGroup#nifty50
@satyendra534@MobiKwik Many investors allege,
Investors attempting to withdraw their money some with sums ranging from ₹91,000 to ₹4 Lakh have found their principal amounts locked with no clear timelines for return.
@satyendra534@MobiKwik Mobikwik sold bonds to customers,
Customers were lured the lollipop of 12% high returns.
These P2P investments were sold as
1. Fixed deposit type investment with higher returns
2. Risks relating to P2P were not known to most investors,
STT + LTCG on profits = double taxation.
In 2004 LTCG was removed for STT, in 2018 LTCG returned but STT stayed.
STT collections jumped from 34000 Cr (FY24) to 53000 Cr (FY25).
Retail investors are paying the price.
Abolish STT in Budget 2026.
@nsitharaman#AbolishSTT