Nirmala Sitharaman’s Viral Video Creates Storm | Are Indian Equity Markets Overtaxed?

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NDTV Profit

NDTV Profit

17 күн бұрын

After viral video of Finance Minister #NirmalaSitharaman on taxes levied on stock brokers, it's time to revisit what these are and how do these affect brokers.
Deena Mehta breaks it down for you.
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Пікірлер: 311
@sangeethaviolin
@sangeethaviolin 15 күн бұрын
The most insanely taxed nation with no social security.lol
@raghavendravishwas5929
@raghavendravishwas5929 15 күн бұрын
👌
@samuelimmanuel718
@samuelimmanuel718 15 күн бұрын
Social Security is for ministers and politicians only.
@noclicheplease
@noclicheplease 15 күн бұрын
Please spell out your plan on how you can provide that said social security without impeding the economic growth and for such a big nation. India is already decades behind in economic growth compared to other nations. On the other hand, the countries that do provide social security are the ones that are dictating terms to the rest of the world. With that power comes the ability to offer social security. Also, now with the population crisis(low fertility rate), some of these advanced countries could go bankrupt themself, if they don't come up with ways to replenish their populations. That is why some countries are dependent on legal immigrants to fill up their coffers. But that wouldn't last long. Younger generations will become responsible to pay the bills for the social security. And for such a huge nations as ours, that would doom our future generations. On the other hand, I do feel that our government needs to work on policies that would benefit the poor. Like the Patent Act of 1970 by Indira Gandhi. Such policies are needed in the field of education and medicine.
@Thinkgood19
@Thinkgood19 15 күн бұрын
Good that we are privileged to pay . .......many not even have the means to live.
@rrsetty2108
@rrsetty2108 15 күн бұрын
​@@noclichepleasemiddle class people of Bharat are such a unique creatures who don't evade any taxes and don't get any govt benefits.... now time has come to honour middle class people with govt benefits who pays all the taxes honestly.
@ritukiran
@ritukiran 15 күн бұрын
I AGREE! we earn we pay taxes we buy something we pay taxes we pay bills - more taxes - on already taxed income!
@Aarunseege
@Aarunseege 15 күн бұрын
Tax terrorism
@muditbehl5737
@muditbehl5737 15 күн бұрын
And and and... We do not get anything in return
@Claystone333
@Claystone333 12 күн бұрын
Income Tax, Professional tax, Value Added Tax, Goods and Services Tax(Central and State), Road Tax, Green Tax, Pollution Tax, Long Term Capital Gains Tax,Short Term Capital Gain Tax, Multiple payments of Stamp Duty. Whereas all these politicians can raise their own damn salaries, get everything paid for including travel, fuel, electricity, phone bills, cars, security, homes, pension, electronics, ridiculously high salary for hardly any work besides clapping wooden tables and saying illogical and fiery statements, having many criminal cases against them yet elected and yet facing no imprisonment but everything is paid for in full by tax payer money and have their multiple generations life happily ever after without any problem in their lives. 0:19
@sandeepKumar-us6gq
@sandeepKumar-us6gq 8 күн бұрын
you pay taxes even if you loose not all of them some of them
@nikhilboddula2111
@nikhilboddula2111 15 күн бұрын
Irresponsible answer by FM.. worst minister ever in last few decades
@user-rw1ov4qk6l
@user-rw1ov4qk6l 14 күн бұрын
Oh no From Indipendance till before BJP GOVERNMENT there is no taxes any action like purchase home or car or stock market or salary There is no tax paid before BJP government
@saying...
@saying... 11 күн бұрын
Not he worst, at least she's honest.
@swapnajitswain2336
@swapnajitswain2336 5 күн бұрын
There was taxes but no tax terrorism.
@MartinAdhikary-ng5be
@MartinAdhikary-ng5be 15 күн бұрын
Worst finance minister india ever had.
@k.t.venkatachala1255
@k.t.venkatachala1255 8 күн бұрын
Yes you are absolutely correct. She is here just to collect taxes from people including poor
@pacelligonsalves8707
@pacelligonsalves8707 15 күн бұрын
Let the Bhatks or paid Godi media answer as FM has no answer.
@achu10mech41
@achu10mech41 15 күн бұрын
So no tax??
@harshtigga7596
@harshtigga7596 15 күн бұрын
@@achu10mech41 done riding?
@achu10mech41
@achu10mech41 15 күн бұрын
@@harshtigga7596 ??
@ZeroVideos000
@ZeroVideos000 15 күн бұрын
Tax on tax was started by Manmohan and Chidambaran and made into law during Congress rule. Let's look at your answer now pappu media. 🤣
@joharkn
@joharkn 15 күн бұрын
​@@ZeroVideos000lying is your WhatsApp uni teachings. Pre 2014 there was nationwide tax on products and low circuit tax on high income individuals only. Now we pay taxes on everything, paying for groceries, for oil, petrol, paying individual income tax, paying gst for buying any product, even having food in a small restaurant. This is looting and never before seen.
@shah_123
@shah_123 15 күн бұрын
Fuel tax increase of 70%, no government will ever dare.
@user-kf9zs7xw5j
@user-kf9zs7xw5j 15 күн бұрын
We are BANANA nation ....TAXES , TAXES ,TAXES......do anything u hv to pay TAX.....it will not be far ...we will have to pay TAXES for shitting /going to loo.....and what do we get NOTHING ......no social security at all....
@noclicheplease
@noclicheplease 15 күн бұрын
We already pay money for sewage in our BWSSB bill.
@nidheeshtr1982
@nidheeshtr1982 15 күн бұрын
Modi ki guarantee
@religionofpeace782
@religionofpeace782 11 күн бұрын
We are already paying tax for shitting. Our commode also have a gst of 18% and the pipes have a gst of 12%, not to mention the water used to flush we need to pay water tax to the water resources department.😂
@SocialMediaJunk
@SocialMediaJunk 11 күн бұрын
We already pay taxes for public toilets, especially at airports. I park my car for 200 Rs, pay for a ticket loaded with taxes, yet not a single restroom is free-they all charge 5 Rs. It's incredibly frustrating in our digital age where we seldom carry coins. Plus, exchanging coins poses a hygiene issue.
@jitujitu9157
@jitujitu9157 9 күн бұрын
Its already there that if you don't put your 2nd house for rent.....you would be taxed for empty house too....not about BJP or Congress. And the kind of rent laws we have in our Nation is another headache.....where Courts support the non-paying tenant 😂 its legal terrorism!!!
@shajisn5094
@shajisn5094 15 күн бұрын
This tax invasion in India will harm BJP‘s long time strategy and plan
@otpmohan8402
@otpmohan8402 14 күн бұрын
BJP's story is ending by election result.
@anirudhsingh3378
@anirudhsingh3378 14 күн бұрын
Keep dreaming ​@@otpmohan8402
@santanodcosta3360
@santanodcosta3360 3 күн бұрын
Bjp care a hoot for the country and it's economy.
@vivekghadi9440
@vivekghadi9440 15 күн бұрын
Indian government has to think about this taxes on equity & FNO. That's too much.
@balaprabhu2060
@balaprabhu2060 15 күн бұрын
She don't have answers Because they want your hard work money through taxes without any hard work.
@user-rz3tn1xy8r
@user-rz3tn1xy8r 12 күн бұрын
They want to build statues and religious places to keep people in dark.
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
How do you consider money from stock market hardworking money and also how much taxes do you pay
@Mrbholo_2.0
@Mrbholo_2.0 7 күн бұрын
​@@vanacharlasaipavankumar6331i buy a 5 rupee stock and sell at 6 but after charge i have -16 cause 20 rupees charges 😅
@SRK-SunDiego
@SRK-SunDiego 13 күн бұрын
Wow. So many charges on stocks/ETFs sell and buy. Practically no taxes on sell and buy on Stocks/ETFs and all most all firms don't even charge brokerage fee in USA. The only tax is capital gain tax on stocks/ETFs in the USA. Something is not correct, if this is the way continues, more people will move away from Indian stock market and they may look for foreign markets like the USA if Indian government allows to invest in foreign countries.
@RaviKumar-vl5vl
@RaviKumar-vl5vl 15 күн бұрын
The present FM doesn't know in and out of taxation rules they used to comment that MMS is a thumb prime minister. She is more Than that
@saroK6053
@saroK6053 14 күн бұрын
When will our opposition parties start asking these types of sensible questions.
@ds_archives
@ds_archives 12 күн бұрын
GST was one of the major issues of Congress's campaign in 2019. But the majority of Indians only care about Hindu-Muslim issues!! Indian voters respond only to - Hindu-Muslim, Freebies, and Caste-based politics.
@saying...
@saying... 11 күн бұрын
That's the sad story of India. People are divided in their heads.
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
@@ds_archives Ignorant people like you GST is the best thing happened for India it created a common market place made indirect taxes too simple that now they don't need even tax professionals to assist you. GST has increased the Tax Base and also tax collections are also improved for your Information India Tax to GDP ratio is 11% which is very low compared to China with 20% and US with 30% something
@vijaykumar.d8729
@vijaykumar.d8729 15 күн бұрын
Keep it other taxes while buy and sell, but long term capital gain tax should be removed permanently
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
Why ?? it's the lowest tax rate that is 10% (effective is 11.96%) when you make you have to pay taxes otherwise how this country will run
@santanodcosta3360
@santanodcosta3360 3 күн бұрын
​@vanacharlasaipavankumar6331 the country can very well run on the GST collected if used judiciously and honestly.
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 3 күн бұрын
@@santanodcosta3360 Again people like you complain about income inequalities and complain about reducing high tax rates make governments are favorable to rich
@rahul-tp7hr
@rahul-tp7hr 15 күн бұрын
Going forward,bjp will tax if we create a folio in mutual fund😂
@saying...
@saying... 11 күн бұрын
Mfs are already taxed.
@kasturiswami784
@kasturiswami784 15 күн бұрын
Nirmala sitaraman laughing and looking happy,is it because she won't be finance minister after June fourth and can lead a peaceful life in Chennai?
@mailforveena
@mailforveena 13 күн бұрын
Hope so! She's overly cautious and not innovative enough.
@swapnajitswain2336
@swapnajitswain2336 5 күн бұрын
She mustn't get a berth in next cabinet.
@RishirajPatel-hs3cd
@RishirajPatel-hs3cd 12 күн бұрын
It’s really shameful that they know that it’s wrong & has no answer to justify it.
@thelayman6189
@thelayman6189 15 күн бұрын
Both anchor and the broker are totally diverging from the actual issue and misleading the actual victims, the traders !! The tax here is for the traders, and not about what happens when a broker passes his company to his son And NOT the Dividend tax paid by companies... Or Stamp Duty for Real Estate!! Hopeless Nonsense
@subramaniprasad5
@subramaniprasad5 15 күн бұрын
now time has come... those who are paying tax by working hard government should consider giving benefit if not people will start looking to moving out of the country which they don't want :(
@ChinmayPatil23
@ChinmayPatil23 14 күн бұрын
absolutely right and many individuals are already leaving the country
@sanjibdebnath9605
@sanjibdebnath9605 14 күн бұрын
People will not look for….people who are capable of, have already left the country and many have lined up to leave in coming years…
@paris9332
@paris9332 15 күн бұрын
Reason why one coward is scared to death to give even one single press conference 😂😂😅
@CollegeYari
@CollegeYari 13 күн бұрын
That is the reason people Leave the country. TAX nightmare in India. No social security, no savings.
@bharathkedarnath
@bharathkedarnath 15 күн бұрын
How many more kind of taxes we need to pay. Blind Bhakths, please realize.
@aDroid_247
@aDroid_247 15 күн бұрын
Were these taxes not present during upa time
@bharathkedarnath
@bharathkedarnath 15 күн бұрын
@@aDroid_247 so let's list out the percentage and types of taxes. You will feel the difference.
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
@@bharathkedarnath Lets make are you a tax professional or what or just pappu bhakth
@Chair.dreamer
@Chair.dreamer 15 күн бұрын
Potty tax is next 😂😢
@Sudheer3191
@Sudheer3191 12 күн бұрын
I guess we already pay tax for this too indirectly. Such a state of taxes
@user-bi1yr4jq4b
@user-bi1yr4jq4b 15 күн бұрын
Capital gains tax on long term capital gains and taxes on dividend should be totally exempt.
@mmultani6673
@mmultani6673 13 күн бұрын
I am a senior citizen and must maintain good health to work and pay taxes. (option to stop working is not there). To maintain good health I went to take health insurance and I had to pay 18% GST there also - shameless Government!
@SocialMediaJunk
@SocialMediaJunk 11 күн бұрын
Thats seriously affects many. They want the cut everywhere !!!!
@manojm5747
@manojm5747 15 күн бұрын
Indian stock markets are yes it is over taxed. STCG & LTCG on equity should be brought down from 15 & 10 percentages.
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
To where 0 but why how 10% is high in long term capital gains
@peacetoall1858
@peacetoall1858 15 күн бұрын
BJP = Bhrashtachari Jhumla Party
@prakashth
@prakashth 15 күн бұрын
Salaried is the most hit by double taxation. IT and GST, not to mention cess and property tax
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
It's not double taxation you pay tax when you make Income, and you pay taxes when you spend. Thats how every fucking country works for your Information. And government should at least provide Insurance health Insurance for everyone up to 20 Lac per family.
@prakashth
@prakashth 10 күн бұрын
@@vanacharlasaipavankumar6331 GST was more targeted towards non-salaried people in our country (landlords, Small business owners) . We salaried people get caught between and have to pay double taxes which is unfair, its not like this is every country. Dubai for example. In other countries, they provide free education and health care. Here they have 18% GST even on family health insurance. We will never send our children to govt schools here for obvious reasons.
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
@@prakashth Dubai that is a city not a country and also Dubai has natural resources (crude oil) even they are also coming uo with VAT (Value added tax) and also Health Insurance 18% is there which needs to be reclassified to lower tax slab 12%. GST is not non salaried people it is for consumers who ever eats or uses any services will pay taxes. that's how every country works example entire Europe and US and China
@arusekar
@arusekar 15 күн бұрын
This view should be taken as protest and FM should simplify and reduce the tax
@srikumar9963
@srikumar9963 15 күн бұрын
This hasn't included any money removed from the UPI/internet banking as well which goes as much as 1.1% of the money to be invested(i believe) to transfer to broker. so if i want to invest a 1 lakh, i'll have to provide 1k+ to just transfer the money. this doesn't include the GST+ during order placement and also LTCG/STCG for the profit. if i get a profit of 6k+, i'll be transfering 600+(minimum as STCG) as tax. So, if i expect 7% above as profit for a year, i won't even get better than FD. (my understanding)
@QuickScalper789
@QuickScalper789 14 күн бұрын
Worst taxation system with zero safety for tax payers
@user-ox8sf5eh3c
@user-ox8sf5eh3c 12 күн бұрын
If govt. reduces tax in buying & selling of stocks, there will be a large investment made by youth in stock market. It will be benifit to our middle class families & economy also. But our FM is unable to answer this question.
@pauldavid5269
@pauldavid5269 15 күн бұрын
Now we know why gobiji won't face the press conference 😂
@rajasdoshi6655
@rajasdoshi6655 15 күн бұрын
Exempt retail investors from STT AND LTCG
@deepakshetty1965
@deepakshetty1965 15 күн бұрын
Government shouldn't become burden to the common people by taxing, double taxing.... It's simply looting. Please don't loot peoples hard earned money, let them enjoy their life.
@vinayvarmanamburi7797
@vinayvarmanamburi7797 13 күн бұрын
Bjp Government is sleeping,First Govt need to focus on no tax on loss making trades.Need to be fixed tax on profit making trades(Avoid multiple taxes)
@srinivas.r3904
@srinivas.r3904 15 күн бұрын
Economic strength of Indians marred by FM spoiled her party .she doesn't win any popular elections 140 par.
@rajagopalanthottuva3807
@rajagopalanthottuva3807 15 күн бұрын
Divesting all ailing PSUs will save a lot of public money. PSUs do not make profit but incur losses and government pays the employees in spite of all this. This is people's money. So let us remove the tag government or semi government organisation. Let everything be privatised and you will see a sea change. Babus who do not like hard work will be on the street then.
@nevillesequeira9911
@nevillesequeira9911 13 күн бұрын
But the psu's have rocketed in the recent euphoria 😅
@michelbisson6645
@michelbisson6645 15 күн бұрын
good idea so destroying stock market, investmrent, growth and pension funds..
@rohanroy6032
@rohanroy6032 15 күн бұрын
In kerala even electricity made from solar is taxed heavily
@JJKGKJGJKJGKHJFSY8806
@JJKGKJGJKJGKHJFSY8806 15 күн бұрын
Goverment can make money from investor...if lose money .make profit
@sgbckup
@sgbckup 15 күн бұрын
I think at least the taxing process can be simplified, minimising the level of computations and compliances.
@alexfrancis3581
@alexfrancis3581 13 күн бұрын
When I asked my economics professor about multi level taxing by the govt her gave a bullshit answer like the FM The system is broken and no one is even talking about the core issue
@Happinessseeds
@Happinessseeds 8 күн бұрын
Same with property. Multiple times taxes applied on same property resale.
@YamahaRX100-ll9up
@YamahaRX100-ll9up 15 күн бұрын
People trade using hard earned money but the government only earns. No benefit to the trader. But Corporate tax is reduced year by year especially during election year.
@mandarp9472
@mandarp9472 13 күн бұрын
Modi government should remove LTCG on equity & equity mutual funds when we already pay STT.
@muditbehl5737
@muditbehl5737 15 күн бұрын
She has put the last Nail... Time to revisit the thoughts who we want to win this election. Good it came up before election.
@sayanmandal1502
@sayanmandal1502 14 күн бұрын
Remove Income Tax for Salaried Employees 😒😒
@srivathsvaradharajan3558
@srivathsvaradharajan3558 11 күн бұрын
I agree on this question its just irritating when 65% of your earnings goes on taxes
@dr.anandarokiaraj868
@dr.anandarokiaraj868 15 күн бұрын
Government is talking nonsense
@gen-zmultibaggers141
@gen-zmultibaggers141 15 күн бұрын
All profit is for the Govt. That's better than this tax loot.
@vivek1202
@vivek1202 15 күн бұрын
One point I would like to mention here that whatever charges retail investors pay for trading the same can be deducted from the profit or loss incurred for a particular financial year while filing income tax returns. Brokerage to brokers. CGST & SGST @ 9% each on brokerage. Stamp duty for buying financial assets. Turnover charges to exchange. Sebi charges to SEBI. And STT & CTT on selling of securities. I think GST and STT must be removed which shall lower the burden to an extent.
@sunilsiv
@sunilsiv 15 күн бұрын
The question raised to FM is certainly relevant, but why is the market going up if it is so bad for all the market participants?😊
@CollegeYari
@CollegeYari 13 күн бұрын
It is TAX terrorism, open dacoit. One pays more tax than earning. Just want to support Modi but it is very unfair, this govt. is taking advantages on People's. MAZBOORI
@atanuroy8405
@atanuroy8405 15 күн бұрын
Middle class service holders are brutally taxed. Rich farmers who earn more than 10 crore a year aren't taxed. You pay taxes without a good infra, govt provided healthcare and education
@Deepakk12345
@Deepakk12345 15 күн бұрын
where are farmers earning more than 10 cr a year ? Are they cultivating gold or something ? Are you mistaking middle man as farmers ?
@jinfin221
@jinfin221 13 күн бұрын
Lower middle class pays most tax via GST.
@udayakumarmeivelu4736
@udayakumarmeivelu4736 11 күн бұрын
In FY 13-14 rich farmers (few lakh in number) filed IT returns showing 14 lakh crores income and paid zero tax.. This​ was one of the reasons behind demonetisation. We donot know their present income. W@@Deepakk12345
@arc6676
@arc6676 10 күн бұрын
Income tax payers should also start questioning. This is the only community not backed by anyone and paying for the votebanks
@shashisharma4355
@shashisharma4355 9 күн бұрын
When a FM Says that she has no answer to it, then this means she needed to quit & get out.
@vkgubba
@vkgubba 15 күн бұрын
More than any other tax, the LTCG on Mutual Funds or Equity is totally unfair. Most of the MFs by small and middle class investors who save for their future requirements like Children Education, Wedding, Old age living and medical help or housing. Now the excemption in a fiscal is just 1 Lakh. If anyone is not needed in the beginning years and need after more than 5, 10, 15 or 20 years, he will need to withdraw large savings and have to pay huge tax when needed. Further, the initaial investment is from a tax paid income. Some method is to devised to accumulate this 1L /annum or raise the exemption or some other metod to lessen the hardship. This is more imptotant as these taxes are introduced by the BJP Govt. only.
@ashrafkhadri2317
@ashrafkhadri2317 14 күн бұрын
she is moroon the way she laughs which makes it evil too my vote is for congrees
@Bharatbharat-go8dm
@Bharatbharat-go8dm 11 күн бұрын
Senior citizens shoud be exempt from tax,i.e those citizens who have paid income tax regularly for 10 to 15 years
@rajrana631
@rajrana631 14 күн бұрын
Whoever the government. Tax will keep on increasing. Thats Bharat. Viksit tax ka Bharat!!
@lalhmaachhuantea5712
@lalhmaachhuantea5712 9 күн бұрын
Lots of taxes!!!!.... i am so tired of paying extra unnecessary taxes....
@masihmohd2230
@masihmohd2230 9 күн бұрын
We should open a debate in various forums that once salary is being already taxed so why government (both centre and state) again tax in the various forms of indirect tax (GST, stamp duty, tax on purchase of home, car etc). Means those who are giving direct tax also give indirect tax. Double taxation. Can't we think of making policies that those who are being taxed directly, will be given rebate in all future transactions as we all are linked through AADHAR if not all indirect taxes be abolished? Otherwise, each individual could have a GST account and S/he should be given provision to reimburse from govt. I think inflation is due to high taxation by government.
@anjaneyaprasadvadlamudi5854
@anjaneyaprasadvadlamudi5854 6 күн бұрын
This set of Ministry now only plans the measures to take the balance profits remaining with the investor leave alone reducing the taxes.
@laokeikonyak8377
@laokeikonyak8377 15 күн бұрын
Whatever tax govt is levying let it continue but the tax percentage must be reduced at reasonable %.. GST must also reduce and other slab taxes must also reduce to some percentage. Just my opinion.
@brajeshsingh2391
@brajeshsingh2391 15 күн бұрын
there is no harm in taxing profits and a transaction. Anyways STT is miniscule. If brokerages want more money they should approach their customers. They take brokerage from customers. And they get double brokerage. Both the buyer and seller pay brokerage. Yet if they want more money they should approach the govt. And anyways look at the profits of brokerage firms. It has risen sharply. Yet if they want more money then approach the client. Not the government. Compliances are part of the business. However I do agree on dividend taxation with Deena ma'am. First company pays tax on profit. Then if they want to distribute the tax there is DDT. Then the recipient of the dividend has to pay tax as per his income slab. This is triple taxation and against principles of taxation that one income should be taxed only once. And govt. should correct this.
@vanacharlasaipavankumar6331
@vanacharlasaipavankumar6331 10 күн бұрын
People are worried about that 0.1% tax or capital gain taxes which are far lower effective taxes
@manishc743
@manishc743 12 күн бұрын
This conversation was heard by a deaf and unpractical Government.
@Mahi9tube
@Mahi9tube 11 күн бұрын
Government want taxes only. How the Entrepreneur making by putting their hard work and after doing and going through ups and downs their comes the government with snatching big of profits to say 30% and more indirectly bribery so much. Solution is to move another safer country like Dubai.
@aum8136
@aum8136 9 күн бұрын
Government should also lend principal amount to invest if they demand so many taxes
@boystoys7491
@boystoys7491 14 күн бұрын
WTF! Even FM doesn't know. Whom are we gonna speak then?
@sriram233
@sriram233 10 күн бұрын
Demat account maintenance charges
@nooruddinraotiwala353
@nooruddinraotiwala353 13 күн бұрын
kare to kare kya,kahe to kahe kya ,jiye to jiye kya ?😪
@VishalSingh-dv2vg
@VishalSingh-dv2vg 2 күн бұрын
Now days Investors,Traders doesn't not have Fear of Ups and down of Market.They Have fear of Heavy Taxes of Market and Brokers. #SEBI #NSE #BSE #Trading #Inveting
@pritamm2010
@pritamm2010 10 күн бұрын
Income tax bracket of 5 lakh has not increased for last 10 years where as the value of the money has decreased at least by 50%... 5 Lakh of 2024 is equivalent to at max 2.5 Lakh of 2014, so low wage earners are requiring to pay income tax. Now govt brought a nex tax regime where investment cant be declared which means govt wants people to spend their money rather than saving for old age...
@srinivasmankala8412
@srinivasmankala8412 15 күн бұрын
True but debatable. Again with everything it is the same. Car companies also pay much more tax than thheir profits. As well.
@ranitdey6355
@ranitdey6355 14 күн бұрын
The biggest achievement of this ruling party is that, they have chosen most of the illiterate ministers in India who do not know anything about their work hence when they are being asked actual questions they cant answer, please chose educated people 🙏
@learntechbasics
@learntechbasics 12 күн бұрын
Question the taxes on petrol & diesel. Ask how the price is constant even though it was mentioned that it will align to international crude prices. 40L crores in taxes has been collected by claiming its needed to pay back oil bonds.. how much of oil bonds were paid till date? 1L crores.
@gauravsrivastava0710
@gauravsrivastava0710 13 күн бұрын
a phenomenal question with no answer .unless we start asking right questions and ask for right things no matter what government comes , there agenda will always be limited to vote bank politics free rationing subsidies and other things which are only possible because of we the tax payers and we in turn are not getting what we deserve. So it is what we deserve. A middle class should also do anshans and protest in order to be even heard of his problems tax being the priority one . Its been more than 10 years since there is a reform in income tax .
@DigitalSashtra
@DigitalSashtra 14 күн бұрын
GOOD Points!
@matthachireth4976
@matthachireth4976 15 күн бұрын
Investment could be the backbon for national India. It must be balanced out.
@vickyverma6852
@vickyverma6852 15 күн бұрын
Either abolish income tax or Capital gains tax.
@vidyasagarbuddha5179
@vidyasagarbuddha5179 10 күн бұрын
Govt should spend for freebies with middle class tax 😢😢😢
@gauravvvvv
@gauravvvvv 13 күн бұрын
Profit or loss, every trader has to pay these charges on every trade: 1. GST 2. STT 3. Stamp Duty 4. SEBI Charges 5. Exchange Fees 6. DP charges 7. Income Tax In the end, if you end up with some money and wish to spend it somewhere, the government is right there once again to collect GST on your other purchases. Sounds fair?
@gowrishankarkn6499
@gowrishankarkn6499 10 күн бұрын
$5 Trillion eonomy. For whom? The Government? Surely not a boon for the retail investor. But why SEBI Cess? This organisation does not even exist. SEBI (Society for Executives of Bureaucratic India).
@udayasrinu
@udayasrinu 12 күн бұрын
Why Salaried people have multiple taxes ??
@muditbehl5737
@muditbehl5737 12 күн бұрын
This is what happens when you appointment a lady with Arts background as Finance Minister.
@sanjibdebnath9605
@sanjibdebnath9605 14 күн бұрын
Not only the money of traders but also this tax system eating up hard earned my on middle class salaried group…we really need a change…the grievances in salaried people is bubbling up…soon will get to see a revolt for sure…
@Arun14741
@Arun14741 15 күн бұрын
This not even a qstn .. we give so much taxes in stock market earning there is equity tax of 10% and 15% we gave tax on f&o as per income we gave tax as STT, GST and stamp duty so many taxes in just one share buying and selling
@melvin6432
@melvin6432 12 күн бұрын
Everybody must pay tax. These taxes are very, very nominal. When we pay tax, the government carries out development work. We must be happy and proud, be proud INDIANS From Thoothukudi Tamil Nadu INDIA ❤️ 🇮🇳.
@rocky00121
@rocky00121 12 күн бұрын
😢 kidhar se aate hai ye lokh, Did anyone said not paying taxes.. Dibba first understand the agenda
@AkshayKumar-wo2cx
@AkshayKumar-wo2cx 10 күн бұрын
Modi hai toh mumkin hai
@MrRkicps
@MrRkicps 12 күн бұрын
This discussion is futile we all make a memo to finance ministry where addressing the taxes charges should be streamlined with so many brokers coming up and many more innocent customers are ever increasing This subject is serious and should be addressed
@santanodcosta3360
@santanodcosta3360 3 күн бұрын
SITARAMAN has made a mess of Indian economy and the investors are running away from the country to tax free havens. This will hit the country. In my opinion all direct personal taxes must be abolished as the country has enough funds to run the economy from the GST which is collected.
@PrabhakaranThekkummuri-zm1xp
@PrabhakaranThekkummuri-zm1xp 13 күн бұрын
Can she keep this smile in future politics also
@gowrishankarkn6499
@gowrishankarkn6499 10 күн бұрын
Our great FM is now planning to Tax Students so that she can reduce Corporate taxes further ....ha......ha......ha..!!!!!!!!!!!!!!!!!!!!!!!
@mrunalsaukar9521
@mrunalsaukar9521 15 күн бұрын
Please remove STT altogether, atleast for equity trading.
@haragopal1404
@haragopal1404 14 күн бұрын
It looks so many taxes, but in reality we are paying GST of 18% on brokerage, Exchange transaction charges of 12% on brokerage is going to Exanges as they are providing platforms for traders in case any technical problems arise from the broker platform, STT is .01% and SEBI turnover fee is .0001% to run this government body and stamp duty .002% going to state governments, But 15 years back what ever the brokerage we paid was drastically came down to 10th fold, so earlier we suppose to pay a brokerage of ₹100 and charges are ₹ 60 and now we are paying a brokerage of ₹10 and charges ₹ 4.95. ( charges reduced by 11% compare to pre GST) Stamp duty on property registration is a state government subject, and even state government has their own policy to levy taxes on liquor and petrol & diesal. Let's this government get 2/3 majority then definitely they bring liquor and petrol under GST. Collection of direct and indirect taxes to GDP in India is 18.3% where as USA it's 27.7%.
@user-yy5is3uq8g
@user-yy5is3uq8g 11 күн бұрын
Shocking number of taxes on single transaction. Only capital gain tax in the Western world.
@Sri_Krish_7800
@Sri_Krish_7800 13 күн бұрын
You dont even get tax back the 18% gst that we pay for lufe insurance and term insurance
@wingzacademy369
@wingzacademy369 14 күн бұрын
Double taxing, triple taxing then multi times taxing. They don't want anyone to be with money
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