Hello Team.. We are boarding flight now G9419. This flight is highly delayed.
We have connecting flight G9112.. Kindly allow us to board the connecting flight at Sharjah Airport. Thanks
@airarabiagroup
Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.
@AnkitFinAlpha@DhawalDoshi5 Dear Ankit,See no offence to Edelweiss team here.But I was just wondering what's Edelweiss team's role here for fund management as they have feeder fund available. Edelweiss has many funds which are having impressive performance history due to their core team.
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.
Why did @AnilSinghvi_ give a standing ovation live on air?
Perhaps because it went beyond markets.
Just a simple idea - If Indian households monetise just 1-2% of idle gold, imports can become zero this year.
Watch, share, RT if you believe we can do this for our country.
#SellGoldAbhiyan
The inaction on addressing FII outflows and slowing FDIs has costed us big .. rupee at almost 97…
This is poor policy response !!! It’s not just the crude .
Yes, 🇮🇳 needs FII's, we know that big capital helps markets scale faster.
But if FIIs pay zero tax because “global money can leave anytime”, then maybe Indian investors should also get lower taxes for staying invested through every crash, panic & election 😄, India needs FIIs. Big capital helps markets scale faster.
But if FII's pay zero tax because “global money can leave anytime”, then maybe Indian investors should also get lower taxes for staying invested through every crash, panic & election 😄
You can welcome global capital without treating local investors as second class participants.
📹 courtesy @bsindia@Iamsamirarora
This is totally false.
Not an iota of truth in this.
There is no question of putting such restrictions on foreign travel.
We remain committed to improving ‘Ease of Doing Business’ and ‘Ease of Living’ for our people.
One thing that feels under-discussed in all the conversations about attracting foreign capital into India is the Indian diaspora.
There is a large population of NRIs who are emotionally and financially interested in investing in India. But today, for many of them, the process of opening accounts, completing documentation, and actually investing in Indian markets is still far more painful than it needs to be.
Making life easier for NRIs could be one of the lowest-hanging fruits for attracting long-term capital into India.
This is something we’ve been focusing on heavily at @zerodha as well. Over the last year or so, we’ve made several changes to make investing as seamless as possible for NRIs. But there are still many frictions that exist because of regulatory and compliance requirements.
Hopefully, SEBI and the government look at this more closely and think about how to make it easier for NRIs to bring money into India and participate in Indian markets. For a country trying to attract global capital, the Indian diaspora seems like the most obvious place to start.
@InvestRepeat@iffyHQ Sir.. I am trying to understand.. When we are buying the ETF price is Rs. 135.7 only, correct ? And we will get less units compared to iNAV.. How to get units at iNAV then ?
@iMicrocap@Vested_finance@TickertapeIN We want to minimize these charges which are voluntarily applied by the Company.Competition is really very tight.This kind of loopholes will really draw customers to another platform.@Vested_finance please do something in this context to match the feasibility with other platforms