General Trading Chat

[blackberry]

Govt does not have political will to touch and bring agricultural income under tax net, politicians " ferget" to file tax returns for years.....all due to vote politics and corruption.Netas with crores of income pay no tax.

Honest tax payers are easy to milk....they wont hide the income and Govt keep taxing them more and more.

Smart_trade

Agriculture pe TAX and abolition of Reservation never go from INDIA.Directly related to votes.....

 

[Smart_trade]

Govt also considers stock market and traders as whipping boys...but we have markets to help us. Trade on family members account, use HUF , take 80 C benefit in all the accounts and reduce the tax liability...no point looking at the Govt for giving us anything....they wont give any concessions...increase in options STT proves that they want to be seen as anti rich and pro poor " garibon ke liye Sarkar" .

Ferget any help from Govt...we have our markets to reward us.

Smart_trade

 

[vikas2131]

Agriculture pe TAX and abolition of Reservation never go from INDIA.Directly related to votes.....

both will happen...but not in next 10 years..

 

[vikas2131]

Govt also considers stock market and traders as whipping boys...but we have markets to help us. Trade on family members account, use HUF , take 80 C benefit in all the accounts and reduce the tax liability...no point looking at the Govt for giving us anything....they wont give any concessions...increase in options STT proves that they want to be seen as anti rich and pro poor " garibon ke liye Sarkar" .

Ferget any help from Govt...we have our markets to reward us.

Smart_trade

you seems very angry today ...first time i am seeing you ranting a little bit..

 

[iwillwin]

Every year we hear....10 years minimum lagenge....

 

[vikas2131]

Every year we hear....10 years minimum lagenge....

mine is based on astrology..so i am pretty sure about it...

 

[iwillwin]

10 years is also a fancy number like 6262...7272...6666

 

[cloudTrader]

budget highlights:
Power tariffs to go up as coal cess doubled.
Govt to pay for new employees for first 3 yrs of employment
Govt to build 10,000 kms of national highways in FY17
Withdrawal from NPS on maturity made tax-free upto 40%
Excise duty on tobacco products up by 10-15%
HRA cheer: Tax relief on rent now Rs 60,000 per annum
FM Arun Jaitley makes buying cars costlier for you
stt increase in options.
Surcharge rate increased 15% on income of Rs 1 cr or more
10% tax if dividend amt greater than 10 lakh
source- economictimes.

edit : hamko save karne ka koi scheme nazar nahi aa raha..:annoyed:

Govt. wants every citizen to live simpler lives, lower down interest in materialistic things ... :lol:

 

[Smart_trade]

you seems very angry today ...first time i am seeing you ranting a little bit..

Not angry...but frustrated . Last 2 years no concession for income tax payers. OROP and Govt employees will get huge bounty from Govt ...and all that comes from the taxes we pay. And Govt made no mistake in increasing the STT on options ( not angry again as I trade very less options) ..but that shows the Govt's thinking to milk us.

Smart_trade

 

[Smart_trade]

Every year we hear....10 years minimum lagenge....

It is open ended matter like " we may see the corporate performance improve in next quarter..." next se next...se next chal raha hai...no improvement seen .

Smart_trade