आज भी शेयर बाज़ार में बड़ी गिरावट!
ऐतिहासिक गिरावट और क्रैश के दौर में शेयर बाजार!
और इसके बीच यह भी इतिहास में दर्ज होगा की देश के वित्त्त मंत्री का ऐसे संकट के बीच न कोई बयान आया है न सरकार ने 15 करोड़ डायरेक्ट/इनडायरेक्ट निवेशकों को भरोसा दिलाने की कोशिश की है वे उनकी चिंताओं के साथ हैं!
पहले छोटे मोटे क्रैश पर भी मीडिया वित्त्त मंत्री से सवाल करती थी और मंत्री को भी जवाब देना होता था!
यह मार्किट क्रैश अब बहुत गंभीर मुद्दा बनता जा रहा है और सरकार का यह पुराना ट्रेंड रहा है की वह तब तक मुद्दों को गंभीरता से नहीं लेती है जब तक वह बड़ा नासूर नहीं बन जाता है!
Never seen markets reach 52 week lows on strong GDP growth , bank credit at 19% , PMI in expansion for burg goods and services and good earnings ..
Markets are giving a loud message - need stable policies and lower taxes.. avoid micro regulation of every sector..
किसी और देश की सरकार होती तो अब तक उसकी पिल्ही चमक गई होती। इतनी गिरावट रोज़ के रोज़ देखकर । साफ मार्केट कह रहा है कि एफ आई आई को अब किसी चीज़ की परवाह नहीं, वो हमारा बाज़ार छोड़ कर जा रहे । पर इस सरकार को डिनायल मोड में रहने की आदत है ।
ये हर मुश्किल परिस्थिति में ऐसे बिहेव करते हैं जैसे सब सामान्य है ।
मेरी शिकायत वहां है ।
FII selling in India has undeniably increased post the regulatory shocks in the insurance space. For foreign investors already battling high taxation and currency risks, unpredictable policy moves are becoming the final straw.
Capital flows where there is predictability, not moving goalposts.
Wish some of above issues get sorted soon. 🤞
Nirmala Sitharaman made a fundamental error in reading the post-Covid market rally.
What she saw was extraordinary returns and assumed it was validation of the government's economic policies. What actually happened was simpler. The market had priced in the end of the world in March 2020 and then realised humanity would survive. That rebound was not a policy outcome. It was mathematics.
She taxed a rebound as if it were a boom.
Higher LTCG. Higher STCG. STT increase. All landing at the same time that the rupee was in free fall against the dollar, quietly eroding real returns for every investor even before tax.
And then the FIIs left. Not because India's story changed but because the math stopped working for them. Higher taxes plus a weakening currency plus global uncertainty equals one outcome.
They pulled out.
The tragic part is that domestic retail investors kept their SIPs running through all of this. Month after month. Trusting the process. Their money flowing in while FII money was flowing out. They were essentially providing an exit for institutional money at diminishing returns.
There is still time to course correct.
India is a growth market. Growth markets need capital. Capital needs incentive. Taxing stock market gains at the rates we currently have is not revenue generation. It is capital repulsion.
Reduce LTCG. Scrap STT. Give retail investors a reason to stay invested beyond just patriotism.
Because patriotism does not compound. Returns do
FIIs have been relentlessly selling Indian equities — in F&O as well as cash — for several quarters.
And now Nifty is staring at the possibility of 10 consecutive red candles.
10!
At this point, the market is being treated almost like a penny stock — anyone can come, hammer it, sell aggressively and walk away.
And the bigger question is:
WHERE IS THE GOVERNMENT?
Not a single meaningful word.
Indian households have been systematically pushed towards equity markets through the “Mutual Fund Sahi Hai” campaign.
But when the same middle-class investor sees years of savings getting eroded because of sustained selling and market pressure, who answers them?
Markets will correct.
Markets will recover.
But a market becoming this easy to hammer should concern everyone.
High time the Government, regulators and policymakers take this seriously.
Because ultimately, it is not just about the Nifty.
It is about the savings, confidence and financial future of millions of middle-class Indians.
Silence today could become a much bigger problem tomorrow.
@PMOIndia
Nirmala Ji, Shayad aap bhool gayi hai
You have increased STCG for cash market traders from 15% to 20% and LTCG from 10% to 12.5%
So please dont say "We have not increased tax"
H'ble @nsitharaman , Below, you state that you haven't increased any taxes on the Equity, claiming the only hike was the STT on F&O
What about rise in LTCG & STCG?
Ma'am,
Before October 2004
Long-term gains on listed shares were taxed at 20% with indexation, or 10% without — whichever worked out lower. Short-term gains had no special treatment at all. They were simply added to your income and taxed at your slab, which meant 30% for anyone in the top bracket. There was no STT.
October 2004:
The Finance (No.2) Act 2004 made a trade. LTCG on listed equity went to zero under Section 10(38). STCG got a flat concessional rate of 10% under Section 111A. In exchange, a new levy was introduced — STT, collected at source on every trade, at 0.075% on both the buy and the sell of a delivery transaction.
The logic was elegant: instead of chasing capital gains through assessment, collect a small amount from everyone, automatically, at the exchange. Compliance went up, litigation went down.
2005: Delivery STT raised to 0.10%
2006: Raised again to 0.125%
2008: STCG raised from 10% to 15%
2012: Delivery STT cut back to 0.10% — where it still sits today
This is cruelty,
**2018: LTCG exemption withdrawn. Section 112A brings back 10% on gains above ₹1 lakh, with gains up to 31 January 2018 grandfathered**
**2024: LTCG raised to 12.5% above ₹1.25 lakh. STCG raised to 20%**
2026: Budget raises STT on futures and options only. Delivery untouched
Very Good.
LTCG was in lieu of STT. Why you retained & increasing both?
Please make LTCG 0 & STCG 10%. Please.🙏🙏
The best part about free fall of markets in India is that there is no accountability or responsibility of anyone. Profits have many fathers, losses are always orphans.
#policymakers#unstablepolicy
The wrong Tax Policy by a single person and some Babus have cost India 100 Lakh Crore in the last 2 years.
100 Lakh Crore of Lost opportunity for wealth creation.
And what they got??
50,000 Cr STT??
FPIs have sold Rs.2.83 lakh crore in Indian shares this year
• This big money won't return easily.
• Our growing country badly needs foreign capital.
• Only bold, out-of-the-box reforms can bring it back.
Data Source : NSDL .
#Hubballi#RaniChennammaCircle#flyover has seen years of delays, missed deadlines, rising costs and serious safety concerns.
MLA @maheshtinginkai says December-end is the final deadline, with no further extension.
Will it finally be completed this time? What’s your view?
Musk is back above USD 1 trillion net worth, while Brazil is witnessing carnival vibes after a major political swing, and NVIDIA is close to being world's first USD 6 trillion co. Everything is happening around the world, while Indian investors continue to feel left out. 🤞
Respected Finance Minister @nsitharaman And Hon’ble Prime Minister of India @narendramodi
India needs significant domestic and foreign capital to sustain its growth. Economic strength alone is not enough— stable, predictable and investor-friendly taxation policies are equally important.
I respectfully request the Government to reconsider Long-Term Capital Gains (LTCG) taxation and STT, particularly for long-term capital-market investors.
A vibrant stock market channels savings into businesses, supports capital formation and strengthens the economy. Excessive taxation can increase the cost of participation and discourage investment.
A simple principle of finance is worth remembering:
“Higher the tax, lower the tax collection; lower the tax, higher the tax collection.”
The focus should be on expanding the tax base rather than simply increasing the tax burden.
I hope the Government will review capital-market taxation with a 10–20 year perspective, while recognizing compliant direct and indirect taxpayers and keeping India competitive for global capital.
India needs capital.
India needs investment.
India needs a vibrant capital market.
And taxation should encourage all three.
The Great Circle of Crude
Somewhere in the Urals, a barrel of oil is loaded onto a tanker. It has no idea it is about to become the most morally flexible object on earth.
It sails to Jamnagar, where India buys it at a "friendship discount". India calls this strategic autonomy. The West calls it funding the war. The barrel calls it Tuesday.
At the refinery, the crude is heated, cracked and distilled, and something miraculous happens. The Russian molecules leave, and Indian diesel emerges. Nothing about the chemistry has changed, but the paperwork has undergone a spiritual rebirth. It is the only known process that turns sanctions into margins.
Europe now steps in. In the morning, it sanctions Russian oil. By lunch, it fills its tanks with Indian diesel. At dinner, it lectures India on values. Europe does not buy Russian oil. It buys Russian oil that has been to finishing school.
America is furious that India buys Russian crude and slaps on tariffs to show it. It then quietly carries on importing Russian enriched uranium, because principles are like fuel: best refined before use.
Now comes the masterstroke. Ukraine needs diesel to resist Russia, so it buys Indian diesel with money given to it by Europe. India then pays Russia for the next barrel. So European taxpayers fund Ukraine, which pays India, which pays Russia, which funds the missiles that make Ukraine ask Europe for more money. It is the first war in history with a subscription model.
Russia, meanwhile, earns money from the fuel powering the trucks that resist its own army. It is the only belligerent to have outsourced both its revenue and its opposition's logistics to the same refinery.
Final ledger:
Russia: paid for the war, by the war
Ukraine: fighting Russia on Russian fuel, bought with European money
Europe: morally clean, operationally Indian fuelled
America: outraged, selectively
India: charging a refining margin on everyone's hypocrisy
The barrel: has travelled more than most diplomats, and achieved more
The money circles the globe like a vessel on DP (Dynamic Positioning) holding station: burning enormous energy, going nowhere, and everyone on the bridge insists it is under control.
Trillions getting wiped off for the sake of few thousand crores of STT LTCG STCG.. where is the sanity in this. Why can't the babus table a proposal that if there trillions stayed in the system then the govt would have made much more in the longer run. Better sense shd prevail