For me all this budget, election results and all are just non events. It’s just a temporary movement. If we go up on budget day, in one month we will come back to same level.
Even the debt mfs would invest back into bank notes or CDs right ? I think what’s happening is people now become smart and keeping in arbitrages to cut down on debt taxation.
I hope they cut down on debt and FD taxation may be to 20% for higher income groups. Also no STT on buy side. Am I asking too much ?
Bears are thinking the same about state election results of Dec 2023 and waiting for 20000
I do not know about them. I am a bull. Perpetual bull.
Oh you mean, he spoke like me?
People love paying more taxes. So FM will increase taxes and widen the tax net.
and everyone will call it the best budget ever.
Just placing this in advance
Tomorrow Parliament IPO Announcement will be there
India is Low per capita Income country - Tax is everywhere - at High rate
If Household income slightly increased - FM will become angry - increase Tax one more time
No proper road, No Health care system, Nothing
IN USA if they are collecting TAX ok - Basic Needs all Free, Like education, Health care and Lot more
IN India - PM Ghar they are making House Like Toilet size - and keeping his picture in front of the house Also
Anyway Rahul gandhi And me will oppose the Budget
Middleclass always suffer as middle class - no one will see you untill you see you
- More tax breaks for super rich
- More taxes for middle class
- Freebies for poor
Best budget ever.
Finance Minister, Nirmala Sitharaman will present the union budget in the parliament today.
Here are a few interesting data points on market performance before and after the budget.
One of the biggest topics of discussion during budget season is taxation. In this conversation with K.T. Chandy and Mithun D’Souza, tax consultants at EY, we explore what might be in store for us in terms of tax reforms and other key issues.
if this correction is going to happen , then minimum 24090 and 23786 possible , ( shouldn’t cross 24600)
lets see what happens!
everytime expecting correction , last month election , today budget , but it not giving up easily
Market not happy so far. it’s all red.
I don’t think there will be any changes in taxes…
No news will be good news for traders.
Someone posted that there is generally a slight negative bias around budget. So its fine and if a positive news comes, there could be short covering
There you go , increase in LTCG as expected.
Next year it will be 15% and it will now only keep on increasing.
Worst budget…
Increase in LTCG and STCG
I think Nirmala tai took revenge on that broker who asked about so many taxes.
Govt be like reduce basic tax and increase capital gains … Invest in the share market taxable as per Capital Gains
trade F&O taxable as per basic tax rules [Non- Speculative business income]
And tells not to do F&O and mutual fund shi hai … arey mutual fund sahi hai Sarkar k cut bara hai usmei
@Jason_Castelino and nay other qualified CAs of the forum please correct me if I’m mistaken