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My petition which was covered in NDTV and helped in rollback of EPF tax in 2016.
1) With @Nidhi ndtv.com/video/business/left…
2) With @sunetrac ndtv.com/video/business/agen…
Alas, NDTV is not the same anymore
FinProfz retweeted
India's equity valuations are at their lowest levels in six years following the recent market decline sparked by a slew of factors, including foreign selling, a weaker rupee, higher crude prices and rising US bond yields. But that may not be reason enough for overseas investors to reverse their pessimistic view, as stocks here, despite coming off their highs, remain more expensive than their emerging market (EM) peers.
Read more here
economictimes.indiatimes.com…
FinProfz retweeted
The foreigners are selling because our markets are liquid. Said someone.
moneycontrol.com/news/opinio…
FinProfz retweeted
Top 10 stories of the day
1. On FM table: Slashing capital gains tax rate, dollar-based taxation for foreign investors
indianexpress.com/article/bu…
Such an in important point
Corporate governance is now a major issue leading to de-rating by FIIs
Just look at the house of Tata and HDFC - The fights going on
AMC salesman don't talk about why India doesn't deserve the P/E of the past, now as situation is different.
FinProfz retweeted
Stocks in China have tumbled. Stocks in Brazil will open gap down. The AI trade is wobbly. Good time for eliminating the Capital Gains Tax on FPIs
Convert Arrogant India to "Aajao India", the true AI
FPI inflows strengthen INR
‘Never seen such dismay’: financialexpress.com/busines…
FinProfz retweeted
‘Never seen such dismay’: Why a 36-year market veteran is warning India
financialexpress.com/busines…
A must read.
@kaul_vivek @FinancialXpress @IndianExpress
Stocks in China have tumbled. Stocks in Brazil will open gap down. The AI trade is wobbly. Good time for eliminating the Capital Gains Tax on FPIs
Convert Arrogant India to "Aajao India", the true AI
FPI inflows strengthen INR
‘Never seen such dismay’: financialexpress.com/busines…
SBI Fund Management Stock
Net Profit Margin for FY 26 was 60%
Why is the regulator allowing such kind of margins in AMC business is confusing.
When AMC as a whole have sizeable AUM, there should be drastic cuts in the BER they can charge investors.
DSP recently came out with data - returns generated by investors as a whole in fund < return shared in SEBI format.
If, SEBI mandates fund scheme to also disclose weighted average return made by investors in a scheme for different periods based in reality, reality will dawn
Indians buying gold and outflow of dollar is not the same as FII selling equity and taking out dollar
When gold is bought for INR, although dollar goes out but you get gold which can be again sold for dollar if needed.
Try selling bulk Indian equity to get dollar now
FinProfz retweeted
#Crude nears $120 as West Asia risks collide with Fed rate decision: Analysts
cnbctv18.com/market/commodit…
Agree. Time to remove Income Tax on severance pay
Layoffs are becoming common.
The least the government can do is not tax severance pay, benefits, and full and final settlement.
Individual taxpayers contribute more than corporates in the country.
This is all the more significant given that only about 2% of the population pays income tax.
Taxpayers don’t get proportional benefits from the government.
Not taxing severance pay would put more money in the hands of affected employees.
This is the least the government can do for taxpayers.
FinProfz retweeted
In one of Delhi-NCR's top schools, parents are planning to pool-in funds to buy Dyson/Honeywell/Sharp Purifiers for their children's Nursery classrooms, for the upcoming bad-AQI season.
Some parents logically asked, "Why doesn't the school buy these air purifiers?" The school said that their AC systems have HEPA filters, to take care of dust to some extent. Unconvincing. Parents decided to go ahead with their own safety systems.
Next, they asked- "What happened to the Air Purifiers that the classroom had last year? The previous batch too had purifiers with AQI monitors."
School's response: "The air purifiers travel with the batch of children. As the students move up a year, the Air Purifiers do too. So the Purifiers that were in first grade last year, are in second grade now."
Welcome to the incredibly complex world of public-health moving into private hands.
If you are building a retirement corpus
Assume post LTCG equity return of 9%
Don't get fooled by 12% or 15% number
FinProfz retweeted
#Watch | Why Are Flight Tickets So Expensive? The REAL Reason Behind High Airfares
November 16 is when the #SupremeCourt has asked the #government to finalise and place before it the rules to regulate #airfares
CNBC-TV18 dives deep into why #airtravel is costly in India and whether airlines can really make flights more affordable
@madeehamedia
youtube.com/watch?v=BkDFr-cF…
FinProfz retweeted
🚨EC cites “trade secrets and commercial confidence” to deny info about software used for SIR. It also says divulging information on who reviews flagged anomalies might “endanger” their lives. Reiterates that EROs remain the statutory authority to prepare rolls. @htTweets
