The last 4 years, were golden years for Indian stock investors. Not just because people made money. But, because of the fact: that people took notice of stock markets. And, really wanted to learn about it. In a low financial literacy country like India, things were finally moving. Not because of some government mandate but because of lack of options:- - Real Estate was beyond reach for most. - FD was not making sense given the high cost of living - EPF/PPF rates hardly increased since 2001 So people saw stock investing as a way to build wealth. The new taxation definitely discourages new investors in the stock market. And also highlights the point: that if retail starts making money somewhere, taxes will follow.

@Akshat_World Yes, the LTCG hike has been the most disastrous, mindless decision of the government. If the govt was serious about retail gambling in the F&O segment, the best way to move them to long term investment was to incentivise the Equity investment by lowering tax in LTCG & Dividend.

@Akshat_World Govt Doesn't want People to escape Middle-class trap

@Akshat_World Here, tax will follow where money flows. Best way is to learn diversification and invest in other countries. Thank you for taking out the time to enlighten us always.

The government pounces wherever they see prosperity (because that's where they can milk maximum taxes) and shreds that domain to pieces. Look what they are doing to crypto. And look what the US is doing. They have government approved ETFs on crypto and we want to discourage crypto. Wow!

@Akshat_World Modi ji saw increased stock market participation and thought, Opportunity acchi Hai, yaha paisa banaya ja sakta Hai

Na. No one will be discouraged. More and more money will come in. More people will invest. Ppl will seriously stop putting thr money in FDs or any other traditional instruments. When the banks will feel the real pinch then only this govt will wake up. Until then it will be the govt sucking tax and distributing them as freebies.

@Akshat_World Damned if you make money, damned if you don't. Position of retail investors.

@Akshat_World Don’t think it will discourage new retail investors. There is no other avenue to invest as well. All fixed investments returns will be less

@Akshat_World Last 4 years were good but law of averages will come into play soon... It always does... And then the returns will dip but the higher taxes will stay 🤣

While the taxes are discouraging, dont think it will be able to significantly slow down retailer participation. If government really need to put hard brakes, they need to come up with something more severe. Doing that would be detrimental to economical growth. Lets see to what level they can stoop down

@Akshat_World If someone not elected by the people shall not be given Cabinet Minister post, NSR is not elected member and doesn't know the reality of salaried people.. Salaried people are bread runner for government.. keep them screwing with taxes.. whichever government comes in power..

@Akshat_World Yeah last line sums it up. But afterall, investors needs to be smart & learn how to make the best out of the current situation of investment in equity market.

@Akshat_World I convinced few of my colleagues to start investing in Share market via MF, earlier they were only investing in FD, NPS and PPF, now they are happy with the returns they received in last few years 😀

@Akshat_World Government be like - You will be in middle class for life .

@Akshat_World Sometimes I wonder what’s stopping us entrepreneurs from starting a political party.

@Akshat_World The last four years have seen increased interest in Indian stocks, driven by COVID-19, limited alternatives, and market rebounds. However, new taxes may deter investors. With only 4-5% of Indians investing in stock compared to 55% in the U.S., there's significant growth potential

@Akshat_World Govt is squeezing middle class by all means. IT slab change is a hogwash , incease tax in LTCG and STCG is crazy. Only means left are to migrate to a foreign land or start agriculture ;)

@Akshat_World I think one of the key reason ppl came & stayed in market is Market didn’t correct meaningfully post Covid Ppl entering market post Covid don’t know what is correction If correction of +20% comes that will be the test for retail if they have stomach to digest unrealised loss

@Akshat_World We are still a socialist country essentially. The state doesn’t like too many people ple becoming rich.

@Akshat_World Summary: Akshat sold a lot of courses jk

@Akshat_World we have understood now that if we start investing today, by the time we will be taking money out of the stock market in 10-20 yrs, ltcg tax would have reached 20-25% easily and no one would have planned for it, all fire numbers will be out of the window

@Akshat_World Despite the golden years for Indian stock investors, the new taxation on LTCG discourages new investors and underscores the inevitability of taxes on profitable retail investments.

@Akshat_World Why is Bank NIFTY falling so badly today?

@Akshat_World What are we cribbing about? It is hardly 20% and 12.5% tax. As a salaried person I am already part of group that pays higher tax than this. I am not advocating for everything to be combined into those tax brackets but this tax should not be a deterrent to anyone to invest

@Akshat_World Partially right but still ppl will do more investing as no other fav option is left . Banks soon will face severe liquidity crunch in years to come .

@Akshat_World You have Covid caused WFH and online apps like Zerodha to thank for. Nothing really was a contribution of the govt there.

@Akshat_World @Akshat_World Amrit call is over ...

@Akshat_World @pikaso_me screenshot this

@Akshat_World true, they want to keep us poor

@Akshat_World Investing sure is difficult now. I think people should focus more on the long term perspective, markets have a tendency to rise above the struggles. Markets are after all the collective sentiments of the Economy as a whole!!

@Akshat_World In my POV, the taxation in equity is increased due to increase in number of so called retail investors Nearly 3.7 crore demat accounts were added in the fiscal year 2024, govt wants to make money out of innocent retail investors.

@Akshat_World I feel effective public participation in the budget process is needed in overcoming these constraints. Governments can tap civil society as key partners in understanding what the common man feels or needs, which the budget experts seem clueless.

@Akshat_World Credit where it is due, actually one webseries of @mehtahansal named Scam of Harshad Mehta on Sony liv, common people saw in huge number which had big impact on common people's mind and out of curiosity how to get quickly rich retail investor came in stock market

@Akshat_World Akshat leave India. Don't be patriot. 😊😊😊

@Akshat_World More we find tricks to avoid tax, more govt will find to impose.not to blame , infact if tax paid honestly can be used for growth of country's infrastructure but black money will just create new way of taxes only. Black money will just fill pockets of officers not of country