@6.50. Sir you seem to be far away from the reality. As per the old tax regime 5-10 lac is taxed at 20%. A relief from 5lac taken upto 7lac gives approx Rs. 40,000 @ 20%. That is around Rs. 3100 per month.
Its not populism. Its helping the general public instead of only helping the rich getting richer. Poor are getting poorer because of increase in taxes all over and tax slab has not increased despite inflation. So purchasing power has been eroded because of bad BJP policies. Government must provide employment, healthcare, education. BJP needs to revive consumerism as only more supply and no demand doesn't make any economic logic. This guy is just a andhbhakt.
Admittedly, Samir & Co were early birds to pick the downturn in IT in end-2022 or so; this, turned the corner in the beginning of this year but they are in a denial mode still and are going woefully wrong
He is not wrong. Fund managers getting money but dont know what to do with it. So they are buying 25 PE + IT stocks which are giving flat to negative growth. That's stupidity.
Since he sold couple of years back, anyone who would have shorted big IT companies would have made 1% monthly means around 25% without stocks moving down
The buzz around is hard to ignore, might be time to dive into this investment opportunity.
👍
Continuation of past
@6.50. Sir you seem to be far away from the reality. As per the old tax regime 5-10 lac is taxed at 20%. A relief from 5lac taken upto 7lac gives approx Rs. 40,000 @ 20%. That is around Rs. 3100 per month.
Its not populism. Its helping the general public instead of only helping the rich getting richer. Poor are getting poorer because of increase in taxes all over and tax slab has not increased despite inflation. So purchasing power has been eroded because of bad BJP policies. Government must provide employment, healthcare, education. BJP needs to revive consumerism as only more supply and no demand doesn't make any economic logic. This guy is just a andhbhakt.
think how budget will be is such a waste of life
Admittedly, Samir & Co were early birds to pick the downturn in IT in end-2022 or so; this, turned the corner in the beginning of this year but they are in a denial mode still and are going woefully wrong
He is not wrong. Fund managers getting money but dont know what to do with it. So they are buying 25 PE + IT stocks which are giving flat to negative growth. That's stupidity.
Since he sold couple of years back, anyone who would have shorted big IT companies would have made 1% monthly means around 25% without stocks moving down