
Finally a MP @raghav_chadha is bringing our points to the House.
My suggestions to FM Madam @nsitharaman ji
- Tax Consumption (already done with GST)
- Keep STT as it is. Rework on STCG and LTCG to avoid double taxation.
- Incentivise Investors with ZERO LTCG if equity investment held over 2 years. This needs to be seriously considered.
- Fix LTCG at 10% if less than 2 years and STCG at 15%.
- If above is done, indexation is not needed.
Hope Indian Investors will be Incentivised for Long Term Investing.
On behalf of millions of Investors,
#FI
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