venkat

An Investor, IT professional and more interested in travelling and watching movies

[venkat @vengi2k3]

@ADMK_Trends இந்த உடுமலை ராதாகிருஷ்ணனுக்காக எங்கள் வீட்டில் இருந்து எட்டு ஓட்டுக்கள் நான் பரிந்துரை செய்தேன்.
சாதாரண கேபிள் ஆபரேட்டராக இருந்து இன்று மிகப்பெரிய கோடீஸ்வரனாக இருந்த இயக்கத்தை கிள்ளுக்கீரை போல் பேசுவது ஏற்பதல்ல

[venkat @vengi2k3]

@Mohitsharma202 1%

[venkat @vengi2k3]

@raghavwadhwa Tbz

[venkat @vengi2k3]

@FrontalForce We can't clap, ignite and stand for his non sen.. governance he is responsible for all the economic crisis in india. Focus on growth but his focus on how to win elections

[venkat @vengi2k3]

@Nandhan_Talkz Just listen to his full speech He clearly mentioned some stores are not even capable of paying electricity and others charges It can't be changed in a single day.

[venkat @vengi2k3]

@sathyashrii If he is good pm then yes but for modi & co always no

[venkat @vengi2k3]

@CuriousPayal @grok Good joke @narendramodi

[venkat @vengi2k3]

@R_N_Vaghani Modi is missing

[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

[venkat @vengi2k3]

@itzproudloser Kasa Pakkam two times listed

[venkat @vengi2k3]

@sansbarrier Please update the status of Kongu easwaran constituency

[venkat @vengi2k3]

@Trtshankar @EPSTamilNadu in our home 8 votes from #udumalpet

[venkat @vengi2k3]

@dinu2310 Chinna sudalai
Adhav arjun
Ops and his team

[venkat @vengi2k3]

@KommawarSwapnil #nlcindia
#ntpc
Last one #azadind

[venkat @vengi2k3]

@sunilgurjar01 #hdfcbank
#bororenew
#idfx

[venkat @vengi2k3]

@ipo_agarwal #infy
#itc
#hdfcbank
#bororenew
#bel

[venkat @vengi2k3]

Will expect a very good rally #natgas

[venkat @vengi2k3]

@sona_sebin @ariyavan_ My holdings 😭😭😭😭

[venkat @vengi2k3]

@ThetaVegaCap It's on my birthday 🥳

[venkat @vengi2k3]

@NavghareAt89564 @SamirPradhann Yes I m also holding good qty in denta