I think most people in India aren't aware that in the US, Japan, and many other countries, they can sell Ice Cream with Vegetable fats in it.
Only in India, there's a strict distinction between Ice Cream and Frozen Dessert. An Ice Cream in India CANNOT contain any vegetable fat. This is a good rule to help consumers avoid such vegetable fats.
So India has better regulations. Instead of appreciating this, many are imagining that companies are selling frozen dessert or substandard "ice cream" only in India. The fact is they can get away selling it as Ice Cream in the US with some % milk solids in it.
Here's Walls company Ben & Jerry "Ice Cream" in the US ingredients attached. As you see it has two kinds of vegetable fat though it is called ice cream. They can't sell this in India as ice cream.
So Walls will claim "We sell Ice Cream around the world, only in India we sell frozen dessert" - yes, because in the US they may be able to sell what they sell as frozen dessert in India as Ice Cream if they pass a certain % of Milk Solids even with vegetable fat in it.
Also, combined with such programming of Indians thinking something is wrong only in India, the timing of this announcement by American Kwality-Walls is a little concerning. Why suddenly now? What is the plan?
If I were govt, I will watch the industry and try preempt any hit jobs. I got a hunch one is coming, where people may get affected.
@blc_16@AnthropicAI LOL
So tired of these AI devs on their high horse as they then talk about their next paid position.
Whatever dude. Good luck. The world turns without you.
@OurTemples@IndiGo6E Indigo is one of the worst airlines I have flown. The staff mostly don't have any empathy, because probably they are also treated poorly by the company.
Respected @nsitharaman ji and @FinMinIndia ,
Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.
A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.
India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.
The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.
Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.
India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.
Respectfully submitted.
Respected @nsitharaman ji and @FinMinIndia,
Suggestion 3 of 3 for strengthening India's capital markets:
Securities Transaction Tax (STT) should be abolished.
STT was introduced as a simplified transaction tax to facilitate easier collection of taxes from capital market transactions. However, over time, it has effectively become an additional layer of taxation alongside other market-related levies.
A simplification measure should not evolve into permanent duplication.
In addition to brokerage, investors already bear multiple statutory and regulatory charges including exchange transaction charges, GST on transaction-related charges, SEBI turnover fees, stamp duty and STT.
Unlike income tax, STT is payable irrespective of whether an investor makes a profit or a loss. The investor pays the tax simply for participating in the market.
Capital markets play a vital role in channeling household savings into productive enterprises, supporting entrepreneurship, generating employment and strengthening India's economic growth. Transaction costs and multiple layers of taxation discourage participation, particularly among long-term retail investors.
India's equity markets have matured significantly since the introduction of STT. The time has come to review its original purpose and reconsider its continued relevance.
Abolishing STT would simplify market taxation, improve capital market efficiency and encourage greater participation in India's growth story.
Respectfully submitted.
We must get this culture of appreciating fellow Indians on our side for good work, ignoring when they miss the mark or say stuff we don't agree with, and criticize less.
This is what Americans, the left, Islamists, Chinese do and that helps them team up and do great things together. They praise in public and give feedback in private.
We Hindus on the other hand are quick to criticize our own side people, if they even slightly differ in views, yet very stingy when it comes to appreciation. We seldom encourage others or team up to work together against the common enemy.
On X itself, I see, many handles which are on the same side as me and speaking in national interests will be very quick to catch me if I get something wrong, criticize immediately if what I say isn't agreeable, and try to create arguments just for the sake of it.
Very rare to find them sharing my post appreciating. It discourages the other and kills any prospect of team work to fight the common adversaries. This culture needs improvement.
@abhijeet_dipke Hello Friends, He is playing the victim card here. He has taken his website offline to play the victim card.
We are exposing him on X, but it's time to expose CJP on Instagram.
Please join KGF https://t.co/F9jWUnc34d
80% of us, given a chance, will drive on the wrong side of the road even if it is to save a detour of half a km
60% of us break signals when there is nobody watching
75% of us are at any point mindlessly doom scrolling insta
50% of us violate traffic signals on a two wheeler, driven without license and a helmet, while doom scrolling on insta
70% of us spit whenever we want wherever we want
90% of us have no idea what is going on in the neighborhood, forget the state or the country
One of our supposedly most educated states recently elected a CM who is an actor, simply because he is an actor and promised literal gold
The most literate state in India for a long time, actually voted for communism, an ideology so dead that it has now converted to fossil fuel
One of our most popular YouTube channels is Saurav Joshi VLogs
And then we expect political parties to seek votes on issues like Reducing Fiscal Deficit, Infrastructure push, Increasing balance of payments, reforming bureaucracy and generating employment?
Dear sir @PMOIndia@narendramodi in line with your measures, requesting you to force APP-CAB providers to reintroduce Pool or Ride Sharing feature which was going really well till COVID, suddenly after COVID in name of social distancing all these apps removed car-pooling option and that is leading to 1 person in a cab of 4 paying high fares and the cab going empty, this is pure fuel wastage and money going back to UBER INC.
Given the ridiculous volume of Prime Ministers that Britain’s endured in recent years, I think it should now be law that if a PM quits or is forced out during his/her term, it automatically triggers a new general election. That might concentrate their minds to do a better job.
@Fintech03@Rainmaker1973 biggest injustice the scientific and academic world is doing is first calling it higgs boson particle rather than Bose particle. Now very sneakily its just called higgs particle.shame on all the western scientific community which is so insecure.🤷
NEET is no longer an examination, it is fast becoming an auction.
Honest students and struggling parents stand cheated yet again. Even after the 2024 scandal, the same NTA leadership continues untouched. Accountability is absent, credibility destroyed.
If the Govt cannot conduct even a national exam fairly, what exactly is it capable of governing?
BIG Story: NEET-UG 2026 CANCELLED; NTA TO RE-CONDUCT EXAM AFTER GOVERNMENT APPROVAL following reports of PAPER LEAK. CBI probe ordered. Please spare a thought for all the lakhs of students! Who will be a doctor today? Year after year, same story: when will the ‘system’ get its act together? Who will be held accountable? Can’t blame this one on Nehru or Indira!😡
> Brought UGC Regulations
> Turned campuses into battlegrounds
> Minus 40 marks cutoff for NEET PG
> Caste conferences in IITs
> NEET Paper leaks
> Lakhs of students are suffering today
Still, he is never held Accountable !
I've lost interest. Earlier I was very confident that India would become a developed country. I'm no longer sure.
Some of the states in India are doing very well. As a country, our growth is subpar. No where near to become a developed nation.
Even when I was a BJP supporter, I pointed out numerous times that Nirmala Sitharaman is functioning only as a revenue minister and not finance minister.