Be the air
Be its lightness
And invisibility
Be the water
Be its wetness
And solvency
Be the fire
Be its fury
And its incineration
Be the earth
Be its form
And its fertility
Be the void
Be its silence
And all pervading resonance
Be nothing
As you are already
Life is as infinitely great and profound as the immensity of the stars above us. One can only look at it through the narrow keyhole of one's own personal existence. But through it one perceives more than one can see. So above all one must keep the keyhole clean. ~Franz Kafka
@UnSubtleDesi Today's technology has made even the tubelights glow instantly after switch-on. These channels badly require hardware & software upgrade to catch up. 😀👍
An open, heartfelt appeal to the Hon’ble Finance Minister @nsitharaman from those who back India’s growth story with their risk, patience, and capital:
Every single day, millions of ordinary Indians, alongside global fund managers, make a profound choice. They look past global conflicts, fractured supply chains, and rising macroeconomic headwinds. They bypass the traditional, passive safety of gold and real estate. Instead, they put their hard-earned savings into the ultimate act of faith: the Indian equity market.
Investing in Indian enterprises isn't just about chasing a ticker symbol; it is an act of nation-building. It is the patient capital that builds our highways, funds our tech startups, erects our manufacturing units, and creates millions of jobs for our youth.
Yet, today, our fiscal policy treats this courageous capital with a flat, rigid hand.
When a blanket 12.5% Long-Term Capital Gains (LTCG) tax is levied without the shield of indexation, it ignores a harsh economic reality: inflation and rupee depreciation eat away at nominal gains. An investor holding a stock for a decade is taxed at the exact same rate as someone who held it for just 366 days. By erasing the time factor, we are essentially taxing phantom profits and treating long-term partners like short-term travelers.
Look across the world at how our peers treat those who commit their capital over horizons of time:
The United States structurally rewards time, dropping tax rates down significantly even to 0% for certain brackets to incentivize people to stay invested.
Singapore and Hong Kong charge 0% on long-term capital gains, understanding that frictionless capital is the lifeblood of an economic superpower.
In a deeply volatile geopolitical era, where global capital is fiercely contested and a depreciating rupee pressures dollar-denominated yields, India cannot afford to penalize its biggest believers. If we tax away real returns, we risk pushing global capital to friendlier shores, and worse, driving domestic savings back into dead, unproductive physical assets.
The solution isn't just a simple tax cut it is a structure that honors time.
We propose a bold, competitive Tiered LTCG Taxation System that separates the speculators from the builders and positions India as a premier global destination for capital:
Held for 1 to 3 Years: 5% (Instantly boosting global competitiveness and liquidity).
Held for 3 to 5 Years: 3% (Providing deep relief as corporate capex cycles mature).
Held for 5+ Years: 0% (A complete exemption for true, generational partners of India’s growth).
By introducing this tiered structure, the Government will not be giving a "concession" to the wealthy. You will be building a behavioral firewall. You will be radically lowering the cost of capital for every Indian corporate champion trying to build a global empire, and you will be giving the retail investor the middle-class citizen putting ₹2,000 a month into a SIP a clear, predictable path to true financial independence.
Wealth creation is not a vice to be taxed; it is a virtue to be nurtured.
Let’s not view our capital markets merely as a revenue stream to fund the next fiscal quarter. Let’s view them as the roaring engine of a $10 Trillion Viksit Bharat.
Honorable Finance Minister, trust the investors who trust India over the long haul. Reward the time they commit to our nation, and watch us build an economic fortress that no global storm can shake. 🇮🇳
#LTCG #TaxPolicy #ViksitBharat #IndianEconomy #BudgetSpirit #LongTermInvesting
@payalbhayana@ttindia First police, then the autorickshaw union, then the newspapers, and the intelligentsia at last - this is the normal order they wake up and smell the coffee here in Bengal. And start singing the paeans of the new regime.
It is no different this time, madam.
My haibun "Last Post to Mom" at https://t.co/x85GdGFX5y
"But tomorrow thousands of sons and daughters across this death valley will. Tomorrow Bengal will rise from fifty years of slumber. "
@rohaninvestor Nifty Max in 2026 = The no. of seats BJP winning in WB*50*3
50 = No. of years of slumber after which Bengal will rise.
3 = The same three wise men from the East.
If only Indian twitterati and commentariat werent such snowflakes they would realise that China's rise was its own doing. It's rise was not an American gift. The Chinese planned well, worked well, their engineers didnt sell soap, coke or maggi or join the IAS or worse IRS. They innovated, they built, they invested, they educated their people. The Chinese miracle is of their own making. Similarly whether India will rise or not is in Indian hands. If India rises it wont be because the Americans or Europeans allowed us to or gifted it to us. And we will never rise as long as our first talking point with other countries is "transfer of tech". This is the height of imagination and profoundity of the Indian bureaucrat and techno-crat. Big powers will never allow anyone to equal them. That is a no brainer. If India has to rise, we will on our own genius or not at all. And we will have to find our own way to rise. We cant copy someone else. We must learn from others (assuming we understand we are not the repository of all wisdom in the world and get off our hobbyhorse of being vishvaguru) but we must find our own way to the top because every country has to find its own path.
What Makes Me Happy
my family, my writing, my breathing, the trees in my back yard, the way the deer wander through them slowly, cereal in the morning, wine in the evening, a back porch that is screened in, a granddaughter who loves to practice her ballet everywhere.
Happy to announce that 3 of my poems are in the latest issue of Zero’s Garden along with some great stuff by Ted Kooser, Rae Armantrout, and David L O'Nan.
https://t.co/lhwAYE4TIq