Frenzy in #Jtekt India on the back of E Vitara production mainly for export to Japan, Europe and other nations..
While the real buzz should be on Toyota's Maharashtra plant commencing early next yr with 4 Lakh production vol for hybrid/Electric cars mainly for exports.
STT has remained the most draconian tax of all after stamp duty. It collects nearly 30k cr , which certainly is put back towards market infra or any such acceptable cause. It is very much against "stated" principles of simplifying business and ease of doing business.
STT is a…
I have been writing this for long. Remove capital gains taxes. We need FII as we are in early stage of capital markets growth. The benefits weigh far more than the loss of tax collected. Ego should be the last thing that government should be bothered. Retail investors need your…
If there is one government which can understand the pulse of the people and bring about necessary changes it is this one. They have done so in a few things
And at the least reducing LTCG ,STCG and STT substantially is a minimum this govt must do. If the right feedback reaches the…
If there is one government which can understand the pulse of the people and bring about necessary changes it is this one. They have done so in a few things
And at the least reducing LTCG ,STCG and STT substantially is a minimum this govt must do. If the right feedback reaches the…
Just saw my STT charges for the last 1 year. It's 14% of total profit.
On top of that I have to give STCG tax also.
Double taxation.
Government should remove STT but they won't remove until and unless we raise our voice.
#AbolishSTT
About 2024 July Budget
Government hiked LTCG Tax
Government hiked STCG tax
Government hiked STT .
Since then Nifty is down approx 2000 points & Individual stocks are down 30-60% .
How much capital gain you will get & who gave this creative idea ?
Remember the simple Rule…
I am shocked to see that many are not aware of the fact that Employers Contribution to PF is not taxable u/s 17. Many assumed that no deduction is available under new scheme.
I am shocked to see that many are not aware of the fact that Employers Contribution to PF is not taxable u/s 17. Many assumed that no deduction is available under new scheme.
Better we don't play with Capital gain taxes this time.
Sir /Madam market is not ready for it .
Rest it's your choice , we can only tell you the facts .
@narendramodi@nsitharaman
Roughly Rs 1500 crores of popcorns are sold in a year in India .
Even at 18% GST for the lot , Rs 270 crores of GST.
Stock markets are delivering Rs 52000 crores in just STT.
Whether traders make money or not , they have to pay GST plus STT .
Can we have some focus on the…
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