When taxation is the only thing govt cares for
Results are self explanatory
India vs global mkts for last 2 years
Looks like so called "Shock Absorbers" need a special shock treatment
Japan,Korea, Taiwan are up between 100-200% over the last 1 year
Nasdaq up 38%
Dow up 26%
DAX almost nearing life highs
All we do is:
Keep taxing middle class every year and burden them
Increasing taxation on equity markets and make sure FIis run out of India
Give freebies to the ones who don't want to work
Periodically, do farm loan waivers for the ones who never pay tax
On top of it, govt is doing OFS in such kind of mkt ๐๐
@WhiteHouse US had no idea about this. Woww, this is what worlds strongest army with intelligence is saying.
Stop the war. #stopwar use some intelligence
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โWars have come, Plagues have come, Recessions have come but the markets have always gone up.โ
โYou have be optimist to be an Investor. If youโre not optimist then you have the RBI Bonds.โ
- Late Rakesh Jhunjhunwala. 2011. Src: NDTV
@Nithin0dha They could have asked the exchange to increase lot size and margin - best and most simple way to stop retail from doing any satta.
Increasing STT shows their intentions - only to take tax.
@ShereenBhan@CNBCTV18Live@CNBCTV18News@nsitharaman govt have access to so many ppl frm IIT ,IIM, etc and this is the best optn they came up with ? Govt should have reduced STT in cash market.. and showed positive intentions.
@safiranand There was also some one who shared concerns over CG issues in 20-20 idea conclave. Ppl gave weightage to that as well. This is what I was reading on WhatsApp group.
@anandmahindra I like both the car BE6 and XEV 9e but more inclined towards 9e. Only one thing is stopping me to buy the car is White seats, I thought color option will come but it's been approx 6months. Can you consider giving color option? Many are waiting @Mahindra_Auto