U Naveen Shet 🇮🇳🚩

[Fundamental Investor ™ 🇮🇳 @FI_InvestIndia]

Dear FM Madam @nsitharaman ji,

I have said it before. And I'll say it again. Loud & Clear.

LTCG of 12.5% on Equities is one of the Lowest in the World.

But there are a few issues:

1. LTCG was ZERO from 2004 to 2018. STT was introduced to offset the Loss in Revenue. It incentivised long term Investors to Hold on Patiently and enjoy Long Term Returns. I believe that Step was something Golden and rewards Long Term Thinking. FM Madam should reconsider this. Keep STT. Abolish LTCG.

2. STT is already taken for every transaction. This is a tax. Again putting Capital Gain, especially on Long Term Gains is not Ok. This is my Opinion. STT is borne by the investor irrespective of Profit or Loss.

3. We are not against Paying Taxes. In fact, we all Pay Income Tax, Capital Gains Tax, GST, Excise, VAT, Tax on Dividends and what not. The problem is the Freebies which are Distributed during the Elections. This is not at all ok. We don't want a single rupee of our Capital Gains to be used for Freebies. Please.

I humbly request the FM Madam to Abolish LTCG on Equities. Make the Long Term Period 24 months instead of 12 months. You will see Patient Capital 👍

For Indian Investors like me, the Pain is lesser. We will continue to Create Wealth. But what about our FII brothers & sisters. They also deserve to get minimum returns in Dollar Terms.

I feel for the FIIs who have suffered due to declining Rupee and they still have to pay LTCG on Rupee Terms. Something the FM Madam and team should revisit.

I think that it is a good time to implement this. FII no longer control our markets. Domestic Funds are consistent and plenty. If FIIs leave, let them Leave with Head Held High. That is our Responsibility.

India Structually is Brilliant. Let's make it Tax Friendly as well.

Patient Capital will Flow More & Stay, if these Steps are Taken.

A Proud Indian Investor,
#FI

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@itswpceo gdp of california, texas, NY, Florida is 31.8 or excluding these states is 31.8 trillion usd?

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@Mishi_2210 1050

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@MayMayspeaks 5th sister wrote this

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@Wisdom_HQ Couple 2
Couple has 5 sons + 5 wives =10
Each son has 7 sisters - 5*7= 35
Each sister has 3 babies = 7*3= 21
Each sister has Each husband =7
Total 75
🤣 🤣

[News Algebra @NewsAlgebraIND]

WATCH -

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@Gabbar0099 At the end Congress and their supporters will say VOTE CHORI 🤣🤣 that's trending in their next election manifesto 🤣🤣🤣🙏

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@Priyaa_Purohit The question is very intresting, people with mindset of rahul gandhi will have such kind of questions.

[Muthukumar Subbaiah @smkumarlakshmi]

Rama Rajjiyam🚩
Modi Rajjiyam🚩
Yogi Rajjiyam🚩

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

I have been to @AvenueDmart i saw sensodyne freshgel toothpaste with two different prices, i am confused which is real and counterfiet product. Without conclusion i cannot say real and counterfiet. Kindly provide necessary details
@GSK_ResponseCtr @CDSCO_INDIA_INF
@MoHFW_INDIA

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@Avoid_potato Invest in gold or silver ..🙏

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@JhaSanjay What do you mean by countless innocent indians, why dont you have some numbers just bluff some numbers as if you have bluffed this tweet.

[Sameer @BesuraTaansane]

Modiji :
Gas mila ✅
Bijli mili ✅
Ghar mila ✅
Anaj mila ✅

Villagers:
Paani bhi milta hai … aap hamare liye Bhagwan hai

Modiji:
Nahin nahin … Bhagwan to Prabhu Ramchandra ji hai

https://t.co/yu1OTBVBBu

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@Paul_Koshy Sir your knowledge of understanding is only meant for crude oil prices, let it be there itself, as my Nation Bharat is standing strong under the Leadership of MODIji, you please continue with whatsapp university news dont come outside the whatsapp university.
🙏🙏🙏🙏

[𝑺𝒂𝒏𝒅𝒉𝒚𝒂𝒂'𝒗 @venus_twts]

What is E-415?

[Sangeetha @Sangeeta_cbe]

Ever wondered what this conversation meant? - #KantaraEverywhere

[CA Paaras Gangwal @ThetaVegaCap]

Come out of Show Off MindSet

#GoodMorning

[News Algebra @NewsAlgebraIND]

BIG NEWS 🚨 Himachal nurse Kamala Devi jumps a raging river to vaccinate a newborn 😳

NURSE: "I had to reach the baby; the mother couldn’t come due to weather. I was worried about the baby" ❤️

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@jacksmack79 @PolarOpposite77 @BowesChay When Empire plunderd $45 Trillion from Bharath that is the legacy of the Empire.

[U Naveen Shet 🇮🇳🚩 @UNaveenshet]

@KyleWingg @PolarOpposite77 @BowesChay Did ever heard the word Jambudweep or Bharatvarsh, how vast was the land area India was named since 1947, before there was no nation called India.