Never seen daylight robbery like this.
ASM / GSM
Higher LTCG
Higher STT
Higher STCG
And now the final Brahmastra: CAS.
Somebody tell us what the retail investor is getting out of it ?
Good to see more and more voices that say good for India talking of the ills of long term capital gains tax and dividend tax. We are shutting doors not only to foreign capital but also future tax with impacted market returns. We are shutting doors to many capital mkt fund raising and govt disinvestment. One day the voice will be, we are ready to sell but where are the volume buyers? The govt has self defeated tax collections from capital mkt by imposing too much tax. Time to reflect seriously.