Ratan Kumar

Software developer, interested in Manufacturing processes, like to play TT, my favourite brand JSW, favourite IPL team DC

[Ratan Kumar @ratankumar42]

@ParthJindal11and @JSWCement and @shivacement using my dream cement to build a dream house in Karnataka.Thanks a lot for building an eco friendly slag cement..Its truly strength bearing and Futuristic.Guess what the material provided was just 1 day old https://t.co/uxbcdrQkxy

[Ratan Kumar @ratankumar42]

Vijay Kedia Classics

[Ratan Kumar @ratankumar42]

New Glenn explosion,
@elonmusk says Rockets are hard

[Garvit Sethi @garvit_sethii]

Net FDI is at only $7B in FY26

Politicians think they can fool everyone out there

[Vijay Kedia @VijayKedia1]

Respected @nsitharaman ji and @FinMinIndia ,

Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.

A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.

India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.

The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.

Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.

India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.

Respectfully submitted.

[Ratan Kumar @ratankumar42]

Unique wedding Gift, ❤️🥰

[Mohandas Pai @TVMohandasPai]

PM @narendramodi Sir last year we imported 72b$ of gold ~750 tons.We have ~30000 tons of Gold in India.Recently GOI increased import taxes to 15%! This will increase corruption, smuggling, corruption!
Instead please abolish Capital gains tax on sale of Gold by Resident Indians for 1 year.increase local supply-reduce imports. Even if 200 more tons is sold locally will reduce 15b$ of imports,strengthen Rupee. Big benefit Please consider We need Radical solutions. @nsitharaman @FinMinIndia @PMOIndia @NITIAayog @PiyushGoyal @AshwiniVaishnaw

[Mohandas Pai @TVMohandasPai]

PM @narendramodi Sir our Rupee is getting hammered in markets, depreciated, causing big issues, increasing costs. One Big problem is heavy selling by FPI’s. Huge outflow of $.
To remedy please waive capital gain taxes on New investments in markets by all registered FPI’s from now on for next 5 years, whether out of sale here or new inflows, and after 5 years the benefit will continue till they sell stocks invested over last 5 years from now onwards. This will stem selling, increase inflow, stop tax harassment and stabilize rupee. Even if ~20b $ comes in big benefit. Please consider.
@nsitharaman @FinMinIndia @PMOIndia @RBI @NITIAayog @PiyushGoyal We need radical solutions to strengthen rupee, lower costs

[Ratan Kumar @ratankumar42]

Gongura Pachadi☺️

[Ratan Kumar @ratankumar42]

True

[Ratan Kumar @ratankumar42]

😂

[Ratan Kumar @ratankumar42]

🇮🇳 🇮🇹

[Ratan Kumar @ratankumar42]

5 Netflix movies for your kids

[Ratan Kumar @ratankumar42]

India 🇮🇳 🇮🇹 Italy Friendship

[Ratan Kumar @ratankumar42]

Who said Pandas can’t laugh 😆😍

[Giorgia Meloni @GiorgiaMeloni]

Welcome to Rome, my friend! 🇮🇹🇮🇳

[Ratan Kumar @ratankumar42]

Classic Rajini sir

[Ratan Kumar @ratankumar42]

Nice

[Raghav Chadha @raghav_chadha]

Silenced, not defeated

My message to the ‘aam aadmi’
—
खामोश करवाया गया हूँ, हारा नहीं हूँ

'आम आदमी’ को मेरे संदेश

[Gurmeet Chadha @connectgurmeet]

Honourable @PMOIndia and @FinMinIndia

We are losing Foreign Capital of almost $1 Bn a day. Since July 2024, post hike in capital gain tax and STT, we have lost $100 Bn and our markets have become globally unattractive .we need patient risk capital to fund our growth story.

It’s undoing the good work done through various reforms.

A responsive govt like yours has always taken feedback on taxation - GST, Income tax and given relief.

I urge you to reconsider.

[Ratan Kumar @ratankumar42]

@hvgoenka Human beings 😆