Gaindamull Hemraj FS

what this article shows is how wrong the FIIs can be. When they thought India was the only game in town in 2 yrs it was not- now they think other countries are the only game in town so... Reality is that India disappoints both the optimists and the pessimists. There is a lot of value in the FII world for a country that can structurally grow earnings at 10-15% p.a. provided those returns are not lost to (as distinct from global practice) taxes and steep depreciation.

Eight decades, 12,000+ songs in 20+ languages across different genres a true singing legend. A versatile queen. Rest in peace, Asha Bhosle ma’am. May your soul rest in peace

EPIC BACKFIRE IN IRELAND The Irish Government sent in the MILITARY to CRUSH fuel protesters…but the Crowds EXPLODED in size. Now, huge parts of the country are RUNNING OUT OF FUEL. Their Globalist Regime has COMPLETELY LOST CONTROL

Freedom is not "doing what you want." Freedom is "doing what you commanded yourself to do." The man who cannot obey himself will be commanded by others. Bind your will, or your will be broken by the world.

Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR: Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help. On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead. He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows. If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.

For investors in Indian markets: Short-term capital gains tax (stocks held <1 year) went from 15% to 20% two years ago. Long-term capital gains tax (held >1 year) went from 10% to 12.5% two years ago. And FIIs outflow since then: 2025: Record ₹1.66 lakh crore net - the highest annual FII outflow ever recorded in Indian markets. 2026: ₹1.51 lakh crore net just year to date. Just a 2% increase matters a lot if you are an FII investing billions. FIIs invest in India because of high growth opportunities, but a depreciating rupee and an increase in taxes means they may move out their capital. And FIIs definitely move their capital when they sense global issues may drag India's growth. We are already seeing this. This causes more stresses to India's economy, currency, and companies. Even if futures and options keep their increases in STT (for various reasons it can be argued to make sense), for capital gains from equities, this increase in tax definitely needs to be reconsidered by GoI. An idea I propose is the increases in taxes can be applied (some other way) only for FIIs, and only when they are taking out the capital from the country. Not sure how it can be implemented, or if it is even practical. If not, the increases in CGT must be reconsidered, and reverted for at least the time being, to incentivize FIIs and DIs in investing in India's growth story.