RajStockWatch@RajStockWatch
STT, LTCG, STCG? Got this RESPONSE from Dear FM on budget demands by investors. Should not have asked Madam. Regret now!!😞 She just decimated the investor community, for asking! (sarcasm)
She has threatened to do "retrospective REVENUE RECTAL EXAM, deep into our returns" 😂
Read only if you have enough mental strength to bear abuse!!
"Oh, my dear beleaguered band of bourse bandits and equity enthusiasts, this is your Finance Minister Nirmala Sitharaman speaking, straight from the fiscal fortress of North Block.
I've been poring over the cacophony of cries echoing through the digital doldrums of X, where you lot are wailing like wounded walruses about the purported perils of our capital gains regime.
You sniveling speculators are screeching for a wholesale WITHDRAWAL of Long-Term Capital Gains (LTCG) tax, positing that its abolition would unleash a torrent of Foreign Institutional Investor (FII) inflows, turbocharging our balance of payments with a Keynesian kickstart on steroids.
You claim this would amplify aggregate demand through multiplier effects on marginal propensities to invest, turning our equity ecosystem into a veritable velocity vortex of value creation.
And you're begging to slash Short-Term Capital Gains (STCG) to a paltry 5%, arguing it would dampen the disincentive distortions in our inter temporal consumption smoothing, allowing for smoother growth without the frictional fu**ery of fiscal friction.
And Oh, the histrionics over Securities Transaction Tax (STT). You call it double taxation, a duplicative drag on liquidity that decimates the Laffer curve's lucrative ledge, siphoning surplus from your sacred savings into supposed slush funds for vote-bank voodoo economics.
You bitch about how your hard-earned hauls are hemorrhaging into "unproductive" government gimmicks, while the broader bazaar bleeds dry, liquidity languishing like a limp liquidity trap, in a liquidity-less limbo.
Apparently, my so-called "failures" have fomented this financial famine, and only by zeroing out LTCG for holdings beyond two years, capping STCG at 5%, and nuking STT entirely can we resurrect the rupee's roar and beckon back those bashful FIIs?
Well, listen up, you whiny wankers of the wealth world. I've had it up to my fiscal eyeballs with your entitled ejaculations! (OOPS! 😂)
You think you can prance around on X like petulant pricks, demanding I bend over backwards to fluff your fat portfolios while you sit on your asses trading pixels? (WHAT?!! 🤣)
F**k that noise! If you dare question my budgetary brilliance again, I'll ram a retrospective REVENUE RECTAL EXAM so deep into your returns, you'll be shitting surcharges, for generations.(😂🤣😂 OH MY GOD!)
Your "demands" are nothing but the diarrheal delusions of dickless day-traders who couldn't compound a coherent thought if their leverage depended on it. (OH THAAAAI! 😂)
Go choke on your own capital losses, you parasitic pissants. The government's gravy train isn't your personal glory hole. And if you keep this crap up, I'll hike those taxes higher than your inflated egos, just to watch you squirm like the spineless speculators you are. (NO THAAI ... NOOO! 😂🤣😂)
Now shut your pie holes and let me steer this ship, or I'll make sure your next "investment" is in a one-way ticket to tax hell!" (Holy Crap! She is all Fire 🔥)
(SHOULD NOT HAVE ASKED HER ANYTHING! THIS IS TOO MUCH TO BEAR! 😠 )
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Hope this post WILL NOT go VIRAL 😁and land up on @nsitharaman iPhone!
