1/9 There are two different philosophies of modern air dominance and survivability: being difficult to see or being harder to target. The US (Lockheed Martin) and China have chosen the first. Europe has mastered the second.
₹53,000 crore - whooping STT collected last year from markets
STT was meant to remove capital gains....but now it is double taxation....!!
This is unnecessary burden on investors...
Either remove LTCG or remove STT....can't have both..
Retweet if you agree..
#abolishSTT
2nd order impact of gst cut will b huge and gradual.
Hypothetically if an household had an annual expense of 15 lac p.a. assuming a 10% savings due to this gst cut, they will have 1.5 lac of savings.
These savings can flow into healthcare, savings, investments,...