India as a country have high tax according to per capita income
too much tax for common man to live and do business in india - mainly direct tax
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bonds are also bleeding. ltgiltbees in stuck at same level for 9 months straight. Indian 30 year bond yield is at 2 years high and expect to go more with things going worse day by day. even gsecs are down 5-6% during last year, though their fall is compensated by semi-annual coupons but that still comes to zero return in last 9 months.
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@Aditya_Gupta i buy direct bonds in secondary market - not ETf
every six month i can get interest
last 3 years market donāt have any return
my bond interest amount like this i am getting - i split in to different maturity
six months you get interest but nav must have reduced by 6-7% in the duration i mentioned
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see i buy 95 nav in different maturity - if fall further i buy again - yield will go up - most of the investor need to get bong below 100 gsec - i wiat for 1.5 years to get those NAV , now only i am getting around 95 to 96 - its will trade only in 93 to 105
What A budget - super budget
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CoMmiTeEeeeeā¦