@@vilaspatil3003 fund managers do not want to criticise because they earn money by people contributing to their fund. If they criticise people will invest in black money
Sorry, US does not have capital gain Taxes on sale of houses & properties. Second US taxes are less than India, third US unemployment rate is 1/20 of India in real terms. On Papers it’s 1/10 since our media consider Vada Pao non tax payers to be self employed so every Indian celebrating T30 World Cup is employed
taxpayer count less than population of Poland, expecting count more than population of Africa. If you're in the former pool like many here, our voices don't account to much :/
I appreciate the courage of conviction shown by Samir Arora. One of the extremely few dependable voices in Indian stock market. Hats off to you Sir.. 🙏 Fail to understand why most of the so called market veterans have to stoop so low to please the Govt..
The directionless government is trying to mop up tax at the expense of the long term growth of the equity market in India. The LTCG hike is not justifiable at all.
@@roxymax8917 I am more concerned about long term equity investors. India is also becoming less attractive for FIIs due to the imposition of LTCG as most emerging countries don't impose LTCG tax on FIIs.
Removing indexation on real estate and gold is more blunder. This government has cheated us by imposing inheritance tax on us and our children retrospectively; not going to vote for BJP in our lifetime and won't let our next generation also. Boycott BJP
Retrograde proposals in the budget as far as withdrawal of indexation benefits and hike in LTCG and STCG. Third class budget. This budget is anti middle class.
To think of it, the Govt constitutes committees and Empowered xyz to figure out why it got less votes!! The reasons are right in the budget numbers. It's right in front of them and they keep wondering how they lost vote share. Have to give it to the budget architects to lose a match for the Govt.
just look when was standard deduction increased or tax slab increased..this govt has taxed EPF also above 5 lacs yearly..than dont forget dividend tax..indexation removed on hybrid funds 2023
Finance ministry par betha hua logo par muja doubt hota hai ye log kis disha me desh ko le ja Raha hai. Kia tax collect karna he sab kuch hai. Jaha logo ne thora paisa kamane lagta hai tax chor dete hai this is nonsense.
Any idea why people are buying Gold like crazy world over? Fiat paper currencies are loosing value...like crazy . Gold will not crash..it's a store of value.
Gold is inflation hedging and pre crisis era, corporate and government like to dump dollar assets to keep gold in their balance sheet to pay off their liabilities to creditors.
@@AeonMusicRecord But gold is from investment perspective, it's worthless. Warren Buffett said that years ago, He would own piece of farmland rather than keep gold in their portfolio
My friends call me a Modi bhakt. I am also one proud. However I feel this move of increasing LTCG is the most stupid move. Modi will keep on collecting taxes and pappu one day will come to power distribute it all to muftkhors and will rule for 15 years. ...wake up sitaraman
Indian govt's and politicians greed is seriously denting the growth prospects of the country and crippling the middle class people and hence the startups ecosystem.
I live outside of India and I am mot a supporter of Modi govt, but you het what you deserve. Just think they got 240 seats when a lot of population did not turned out for voting, just imagine agar full voting hoti toh they would have easily crossed 272. They have this confidence in people thats why they will do what they want. And you keep voting for Modi, and he will keep looting you. And if you say something the bhakts say why will Modi do corruption, he does not even have a family. Jhola Utha ke chal denge ji….
STCG or other taxes on middle class can only be decreased if they vote as a block for or against any party!! Vote as a group in coming state elections and in next budget you’ll see the difference ✌️😭
RBI imposes restrictions on Indians investing in foreign equity. What will happen when US Fed reciprocate with restrictions on US investment in India & that will definitely be followed by Canada, Singapore, Australia, Japan, European investment in India Equity? Will 14% NPS make Indian market achieve 10 trillion Dollars ? By 2030
Well I invested for 14 years in MF but I wonder if this is a good decision, I know for sure by that time ltcg will be 35%.Stupid me thinking that after giving hefty tax from my earnings ,I can retire peacefully.
Thanks for having the courage to re-emphasise that the budget is anti-national 😂. It is against the growth of the country - subsidizing gold and increasing tax on equities.
In next budget STCG must be 30% and LTCG must be 20% so that in all retailers move away and MF's starts fighting with each other and FIIs eat their heads. Ha,ha, ha, 😅😊
Samir is on a dope. Where did gov encourage investment in gold. Has he been to Indian airport and seen desperation of Indian customs to find gold. We are all getting harassed by gold smuggling. Try to see truth than just pumping his band. Samir has disappointed me. 😢
Respect for Samir who has guts to tell the truth unlike most other fund managers who never utter a word against any unfair policy.
@@vilaspatil3003 fund managers do not want to criticise because they earn money by people contributing to their fund. If they criticise people will invest in black money
because he lives in singapore.
Budget 2024 in a nutshell
Taxes like america
Services like somalia
Sorry, US does not have capital gain Taxes on sale of houses & properties. Second US taxes are less than India, third US unemployment rate is 1/20 of India in real terms. On Papers it’s 1/10 since our media consider Vada Pao non tax payers to be self employed so every Indian celebrating T30 World Cup is employed
taxpayer count less than population of Poland, expecting count more than population of Africa. If you're in the former pool like many here, our voices don't account to much :/
I appreciate the courage of conviction shown by Samir Arora. One of the extremely few dependable voices in Indian stock market. Hats off to you Sir.. 🙏 Fail to understand why most of the so called market veterans have to stoop so low to please the Govt..
The directionless government is trying to mop up tax at the expense of the long term growth of the equity market in India. The LTCG hike is not justifiable at all.
So does STCG and now SEBI is hinting us to bring additional regulation on stock trading (not only FnO).
@@roxymax8917 I am more concerned about long term equity investors. India is also becoming less attractive for FIIs due to the imposition of LTCG as most emerging countries don't impose LTCG tax on FIIs.
Removing indexation on real estate and gold is more blunder. This government has cheated us by imposing inheritance tax on us and our children retrospectively; not going to vote for BJP in our lifetime and won't let our next generation also. Boycott BJP
Samir is absolutely right. Stock Returns are heading lower.
Gold duty lowed near sovereign Gold redemption date 😂
That was the purpose to reduce gold duty
😂😂😂😂😂
Hi, I recently bought gold SB, I'm new to this can you elaborate, ignore if you don't have time. Thanks.
you can buy new SGB at lower rates will be announced soon.
@@neerajkalwani9910 thanks
Retrograde proposals in the budget as far as withdrawal of indexation benefits and hike in LTCG and STCG. Third class budget. This budget is anti middle class.
Stop bringing this middle class thing, This budget is hurting rich as well (millionaires, not ultra rich) and way more than middle class
Hats off to Samir sir. You won my Heart.
To think of it, the Govt constitutes committees and Empowered xyz to figure out why it got less votes!! The reasons are right in the budget numbers. It's right in front of them and they keep wondering how they lost vote share. Have to give it to the budget architects to lose a match for the Govt.
Yes, So So correct you are
So correct!! They have taken the Salaried class completely for Granted 😢 in 🇮🇳!! Painful! 😥
Indian is in such a difficult situation. Either you vote Modi and get high LTCG tax or you vote Pappu and get nothing. Eitherway we are screwed
Atleast pappu will not increase tax due to losing its hard earned government 😂
just look when was standard deduction increased or tax slab increased..this govt has taxed EPF also above 5 lacs yearly..than dont forget dividend tax..indexation removed on hybrid funds 2023
@@brijtech77Who introduced STT ? Mr Chidambaram . And you think think he wont invent new taxes ?
@TK-sf4qu not more than these fools.
@@TK-sf4qu no he wont because he has to pay himself then
India is not America, neither Europe. Country like India where 80 % people live around poverty line the total income tax should not be more than 5 %
We get wht we deserve.
Basant
Finance ministry par betha hua logo par muja doubt hota hai ye log kis disha me desh ko le ja Raha hai. Kia tax collect karna he sab kuch hai. Jaha logo ne thora paisa kamane lagta hai tax chor dete hai this is nonsense.
100% agree with Samir. Gold is a worthless asset totally unproductive and govt wants to prioritize gold over real production
Any idea why people are buying Gold like crazy world over?
Fiat paper currencies are loosing value...like crazy .
Gold will not crash..it's a store of value.
@@dannycbe949 doesn't matter cuz gold doesn't produce anything, its only 20% max hedge against inflation - that's it
Gold is inflation hedging and pre crisis era, corporate and government like to dump dollar assets to keep gold in their balance sheet to pay off their liabilities to creditors.
@@AeonMusicRecord But gold is from investment perspective, it's worthless. Warren Buffett said that years ago, He would own piece of farmland rather than keep gold in their portfolio
@@roxymax8917 This is what i said
My friends call me a Modi bhakt. I am also one proud. However I feel this move of increasing LTCG is the most stupid move. Modi will keep on collecting taxes and pappu one day will come to power distribute it all to muftkhors and will rule for 15 years. ...wake up sitaraman
Kaun samjhayee is Bewkoof sarkar ko. Inhi se umeed hai jo bhi hai. They are just making way for pappu and company to make things even worse
He is right…and I saw the interview from our finance minister.. it absolutely doesn’t make any sense the way she explained the reason for tax hike
Why is the thumbnail hacked to say STCG will be 15% and not LTCG? Following the footsteps of Godi Media?
Wors budget in Indian history
Indian govt's and politicians greed is seriously denting the growth prospects of the country and crippling the middle class people and hence the startups ecosystem.
No vote to BJP
Then who, pappu?
Whoever but not feku. This is standard reply of bhaktads. Get well soon@@RamKumar-jy7ww
I live outside of India and I am mot a supporter of Modi govt, but you het what you deserve. Just think they got 240 seats when a lot of population did not turned out for voting, just imagine agar full voting hoti toh they would have easily crossed 272. They have this confidence in people thats why they will do what they want. And you keep voting for Modi, and he will keep looting you. And if you say something the bhakts say why will Modi do corruption, he does not even have a family. Jhola
Utha ke chal denge ji….
@@RamKumar-jy7wwyes but not bjp . I was a bjp voter not anymore .
@@RamKumar-jy7ww better than feku and liers ... people are ready to support bjp at the cost of their child's future also ....
STCG or other taxes on middle class can only be decreased if they vote as a block for or against any party!! Vote as a group in coming state elections and in next budget you’ll see the difference ✌️😭
This is gareeeb, kisaaan and standard and poors govt. Not our government. Has done nothing for us in 10 years.
RBI imposes restrictions on Indians investing in foreign equity. What will happen when US Fed reciprocate with restrictions on US investment in India & that will definitely be followed by Canada, Singapore, Australia, Japan, European investment in India Equity? Will 14% NPS make Indian market achieve 10 trillion Dollars ? By 2030
Why not 7% next budget 😴
Government to work on consumption - Jobs - Small & Medium Industry Support - Short term bank loans at lower rates 😴
We will get to 15% LTCG in the next budget
Next Budget:
12% Tax on being single 🙊
20% tax on getting married 🙉
49.99% tax on having a kid 🙈
RESPECT FOR SAMIR ARORA.
GovT को खोटी नहीं मोटी कमाई से प्रोबलम है
Well I invested for 14 years in MF but I wonder if this is a good decision, I know for sure by that time ltcg will be 35%.Stupid me thinking that after giving hefty tax from my earnings ,I can retire peacefully.
Shame that I voted for BJP
People expected them to make STCG to 10%
Increasing 5% reducing later is like fooling people
It's not 2.5%, it's 20% hike😢
Taxes like America and UK
Services like Somalia 🇸🇴
Thanks for having the courage to re-emphasise that the budget is anti-national 😂. It is against the growth of the country - subsidizing gold and increasing tax on equities.
Arrogant lady with no respect for anyone other than herself
Worst decision by central govt
Smart people never sell and never end up paying tax . They take loans on portfolio
Godi always say Jai Jai for whatever wrong Government does
15% ltcg
Aggrawal is book licker 😅
In next budget STCG must be 30% and LTCG must be 20% so that in all retailers move away and MF's starts fighting with each other and FIIs eat their heads. Ha,ha, ha, 😅😊
Pl convey this message that this govt is going
Nifty 21000 within ten days
Samir is on a dope. Where did gov encourage investment in gold. Has he been to Indian airport and seen desperation of Indian customs to find gold. We are all getting harassed by gold smuggling. Try to see truth than just pumping his band. Samir has disappointed me. 😢
Modi has lost his head. So has Sitharaman.
कितना ही चिल्ला लो , पानी और इकोनॉमिक्स अपना रास्ता खुद बना लेगी , chill and enjoy ,if fall in nifty invest more don't sell
By 2030 SCGT will be 30 %.... vision of BJP
Surbhi is a duffer.
Y is the anchor on a hot tin roof..?
Picketty time has come....capital should be taxed more and equal to salary income. Rich have become the problem. Wall street vs main Street.
Ramdevji. 😂. Business channel or ghar ka channel ?
You only pay tax after you earn more than 1.25 lac so no sense crying.most Indian earns less than 1.25 lac.
You pay only if you earn.
That's only for LTCG
What about STCG? Most indians are short term traders
Are you loss your mind. Kab bada sochna sikhega. Bebokufo se bhara hua hai ye desh bhagwan bachaye.
Bhakts are vying opportunity to defend bjp. Thank God they are not blaming nehru for this
You are wrong, my friend, we are doing profit more than 7 to 10 lacs every year, and that comes under stcg.