@InvestWithAkhil Impossible. Our bureaucrats will never let this happen.
The only way it can happen is when they start investing in stock market policies will be changed.
How will they compensate for the tax revenue by reducing STT, STCG so much ?
@sauravv123 When market manipulation by families of ministers were common.
I am sure so many traders would have lost money while some insiders made tons of legal money.
@InfoBurrower@grok@gs_salavedu@bennyjohnson You need to understand that Grok is an LLM and will summarise answers from data available through primary sites like Wikipedia which are just junk. GIGO
There is no such race called Aryans. If Aryans were just one block of people from EU then why do they hv so many nations
@bennyjohnson You have no idea how diverse India is.
India is the land of diversity. For US immigration is a recent issue.
We have had migration due to invasion, trade, travellers, asylum seekers for the last 1000+ years.
Tatas are from persia (iran) and practice zoorastrianism
@siddarthpaim And then countries like Bahrain poached athletes from African nations.
Russians representing Uzbekistan & Kazakhstan limiting our medals tally.
Except shooting & badminton I think we performed better in most other sports.
We could have easily crossed 95+
@nsitharamanoffc Merchants in India always pass on the cost to consumers. Doesn't matter how low the amount is.
Question is how government will enforce if the merchant says pay by UPI means additional 300. We cannot run to ATM, so we will pay.
@LalaXd Just giving 2โน per person to
150 crore people will make it 300 crore.
20โน would mean 3000 crore
200โน would mean 30000 crore
So the person cannot afford to even given 200โน each. How can he give 2 crore each
@darshitpatel84 When you make money when someone makes a loss you are no different than the British who sucked the blood out of Indians.
Is the role of the government just to make more money or to be seen as fair in collecting taxes ?
Govt is not a business. Why not tax rich agriculturists ?
@IndianGems_ First let us make our cities pot hole free by 2030.
Liveable cities with good infrastructure like Chinese cities / Singapore is what we need. Our cities are worse than some of the capitals of 3rd world countries.
Low quality construction & patching is still prevalent
@StoxPlexShubham Most of the countries have better systems to monitor insider trading & also have laws which are stringent.
In India, I am sure there is only insider trading and every damn business man & politician are involved in it .
Small investors / retailers should keep away from trading
@StoxPlexShubham STCG + STT + Dividend Tax
On top of this for many small investors who trade in small quantities and make a loss, it does not make sense to audit the accounts and hence they pay notional tax even while making a loss in F&O.