Amit Sethi

Freelance Writer associated with Leading Print/Digital Media covering Personal Finance, Real Estate, Retail Banking Products, etc).RTs R Nt Endorsemnt

[Amit Sethi @MyWealthGuide]

Property sellers often try to create the perception that:
- Now price of property in this project would be not less than their declared benchmark (Rs 6.5 Cr ++ )
- Properties in their projects are on high demand
- When they come up with their next project, buyers have to grab it or else they will miss out
- Properties are sold like IPhones are sold on launch day
- There is enough money in market or there are enough demand in the market for their properties

The question that should come to buyer’s mind:
- What’s my budget?
- Do I need a property for Investment or as an end user?
- What’s the property rate in other location around it?
- Is property price justified or is it a better option to live in a rented apartment?

Buyers must avoid artificial FOMO!!

#home #dlf #property #Alert #FOMO

[Amit Sethi @MyWealthGuide]

I gradually increased distance from 10 k to 15k before my first hm. I increased the frequency of hm and often reached 25k and then 30k before I finished my first FM. I learned, it’s all about enjoying your run and not an obligation for reaching out a certain distance …. thanks for asking this Q

[Amit Sethi @MyWealthGuide]

India need such positive statements from the top brass

[Narendra Modi @narendramodi]

India’s growth momentum remains strong!

GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect the inherent strength of our economy, the success of reforms and the hard work of 140 crore Indians.

We shall leave no stone unturned to further ‘Ease of Living,’ ‘Ease of Doing Business’ and increase opportunities for our youth.

[Amit Sethi @MyWealthGuide]

India need such positive statements from the top brass!!!!

[Narendra Modi @narendramodi]

India’s growth momentum remains strong!

GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect the inherent strength of our economy, the success of reforms and the hard work of 140 crore Indians.

We shall leave no stone unturned to further ‘Ease of Living,’ ‘Ease of Doing Business’ and increase opportunities for our youth.

[Amit Sethi @MyWealthGuide]

when they influence followers whose numbers are in lacs and millions, can’t just rely on obsolete data to make an investment but have to put foot on the ground, visit companies and their establishments, do investigations. I know how much effort and time it cost us when we do a story … you can make easy money by presenting second or third hand data online or copying someone else’s work but you can’t make money in the stock market the same way.. this is the hard truth

[Amit Sethi @MyWealthGuide]

when you are influencing your followers whose numbers are in lacs and millions, you can’t just rely on obsolete data to make an investment but have to put your foot on the ground, visit companies and their establishments, do investigations. I know how much effort and time it cost us when we have to do a story on any subject or event… you can make easy money by presenting second or third hand data online or copying someone else’s work but you can’t make money in the stock market the same way.. this is the hard truth

[Amit Sethi @MyWealthGuide]

@praveengirotra Haan 100 percent
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they won’t cut rates🤣🤣

[Amit Sethi @MyWealthGuide]

@RShivshankar Govt knows what others don’t!! Opening G- Sec for FPIs means they firmly believe that soon there will be higher risk in the overseas equity market due to reasons like AI bubble, and FPIs will prefer parking fund in non equity assets away from current destinations…

[Amit Sethi @MyWealthGuide]

Hmmm … by that logic people who had committed crime in their late 60s and facing trial while aging should be acquitted automatically as they get older… are you facing such cases where you too fear a jail order may be pronounced by the court? Is that the reason you are questioning the court order??

[Amit Sethi @MyWealthGuide]

This is the best that @FinMinIndia may offer for boosting investors sentiment..... lets hope for the best

[Amit Sethi @MyWealthGuide]

Suggestion:
Best relief that @FinMinIndia can provide to India #stockmarket :
1. Tax on intraday trading: keep same
2. Tax on short term trading- lower it to 15 percent
3. Create MTCG (medium term cap gain) category - for holding period 1<2 years: Tax at 10 percent
4. Modify LTCG tenure to > =2 years: Tax- NIl
5. Remove STT on non speculative trades

This will not only lower the tax for investors, but also provide much needed stability to the Indian stock market.

#nifty #fii #shares #investors

[Amit Sethi @MyWealthGuide]

India has always chosen its own path and most of the time doesn’t get influenced by such arm twisting… but, we need to be more spontaneous and aggressive when it comes to setting up the narrative that makes us look resilient and capable to take an independent stand. Weak posturing must be avoided at all costs

[Amit Sethi @MyWealthGuide]

@kiranp4912 @ReckoningDayof @Venkat_R_ @iAsura_ @narendramodi Yes… now all the media publications coming up with clarifications. Action must be taken against Bloomberg for this fake news and it should be investigated thoroughly to ascertain the exact motive of the publication

[Amit Sethi @MyWealthGuide]

@DavidDack Regular pre &amp; post running exercises.. :(

[Amit Sethi @MyWealthGuide]

one time 70k crore was still much smaller in a 1.2 trillion economy compared to 2 lac cr recurring in a 5 trillion economy. Also, that was a central govt decision, these yojnas are implemented by state govts irrespective of ruled by which parties. However these yojnas is impacting the functioning of central govt.
.. these yojnas proped up as election propaganda, esp during state elections..now states are getting deep into fin distress.. India needs to plug these leakages

[Amit Sethi @MyWealthGuide]

MMS step helped many financially distressed farmers overcome and boost agricultural activity and thus boost our GDP… That 70k crore was a one time event. Now, compare that with 2 lac crore given every year as a gift… and given by all state governments irrespective which parties they are…. it’s easy to start such freebies but you can’t stop it without political consensus.

[Amit Sethi @MyWealthGuide]

Why should only middle class bear all the economic pain??

Apart from stopping travel, work from home, not buying gold, curtailing overseas travel we need much bigger steps....

Cumulative spending on women direct transfer benefits by states in India is around Rs 1.7 to Rs 2 Lac Crore annualy!!!
Why not use these money be spent on infrastructure development? Stopping such schemes will not only lower the our deficit but also create huge employement opportunities, strengthen our currency and boost our GDP growth.
But..... first it would need consensus among all the regional and national parties.

Government should also put restrictions on charter planes, big fat weddings, overseas film shootings, etc....

#FII #stockmarket

[Amit Sethi @MyWealthGuide]

Yes, you have rightly pointed out one of the reasons due to which govt had to increase the taxes. But there are ways to stop such malpractices. Put min eligibility criteria for LTCG benefit on particular stock, such as minimum avg Trading volume and min number of pan based investor criteria, etc; Here’s some more suggestion in my recent post:

[Amit Sethi @MyWealthGuide]

Suggestion:
Best relief that @FinMinIndia can provide to India #stockmarket :
1. Tax on intraday trading: keep same
2. Tax on short term trading- lower it to 15 percent
3. Create MTCG (medium term cap gain) category - for holding period 1<2 years: Tax at 10 percent
4. Modify LTCG tenure to > =2 years: Tax- NIl
5. Remove STT on non speculative trades

This will not only lower the tax for investors, but also provide much needed stability to the Indian stock market.

#nifty #fii #shares #investors

[Amit Sethi @MyWealthGuide]

@moneyworks4u_fa There are ways to do it without impacting revenue yet providing stability to market… here’s my recent suggestion:

[Amit Sethi @MyWealthGuide]

Suggestion:
Best relief that @FinMinIndia can provide to India #stockmarket :
1. Tax on intraday trading: keep same
2. Tax on short term trading- lower it to 15 percent
3. Create MTCG (medium term cap gain) category - for holding period 1<2 years: Tax at 10 percent
4. Modify LTCG tenure to > =2 years: Tax- NIl
5. Remove STT on non speculative trades

This will not only lower the tax for investors, but also provide much needed stability to the Indian stock market.

#nifty #fii #shares #investors

[Amit Sethi @MyWealthGuide]

Suggestion:
Best relief that @FinMinIndia can provide to India #stockmarket :
1. Tax on intraday trading: keep same
2. Tax on short term trading- lower it to 15 percent
3. Create MTCG (medium term cap gain) category - for holding period 1<2 years: Tax at 10 percent
4. Modify LTCG tenure to > =2 years: Tax- NIl
5. Remove STT on non speculative trades

This will not only lower the tax for investors, but also provide much needed stability to the Indian stock market.

#nifty #fii #shares #investors