@shahdcs4 First We pay income tax on what we earn and then we pay GST while spending the left over. Why double taxation??. Or else give us set off of GST while paying income tax
The Punters of Dalal Street are not only making riches for themselves but they are also contributing to the exchequer & helping the economy. During Covid, they paid STT of Rs 8K Cr & kept the economy alive. Now, till SEP21, they have contributed Rs 12K Cr https://t.co/hqQ3eHvwl5
The rate of interest is lower than the rate of inflation. Where is the real growth? People who saved from their earnings in last 35 years for their retirement, now how much corpus it will need? Especially in condition like rising inflation and life expectancy!
With the continuous artificial reduction in the rate of interest, the government wants to push up the growth in Indian economy. May be its true partially. This way they want to follow develop countries economy model. But what about the people who lives only on interest-retired
@dharmeshamehta Yes definitely we will be benefited by fall in crude price but such saving in import bill should be used by government for heavy public expenditure
@dharmeshamehta Reducing rate of interest doesn't increase consumption. If that is the case then all developed countries has very low rate. Some has zero percent. People take loan not because it is cheaper. If they find earning opportunity then they will take at any rate.
Sensex and nifty all time high without conviction to most of the investor and trader. One can participate in the uptrend but with utmost care and strict stop loss.
No parking place, no place to drive on road, heavy RTO charges and GST and recurring cost of high insurance. Who will buy automobile?? Obviously the auto sector face further recession
@RoshanKrRai The country management is not only about GDP. There was a parallel economy of cash was going on in the country. The entire bull phase in all industries was due to this cash economy to some extent. Now due to cleaning process by present government this economy is hurt.