General Trading Chat

[Smart_trade]

The only negative I see in the budget is increasing long term capital gains holding limit from present 1 year to 3 years....also there will be positives like increasing minimum level of income for tax,increasing 80 C investment limit,increasing upper limit for minimum tax slab,more concessions to housing...overall the budget should be good .

Smart_trade

 

[travi]

The only negative I see in the budget is increasing long term capital gains holding limit from present 1 year to 3 years....also there will be positives like increasing minimum level of income for tax,increasing 80 C investment limit,increasing upper limit for minimum tax slab,more concessions to housing...overall the budget should be good .
Smart_trade

3 yrs is harsh for Equity

 

[BearsTruth]

how are markets gng to behave if this particular thing happens ? any previous example ?

Nothing big bang about it so if it happens it will be token reduction which will be balanced by tax hike here and there. Govt cannot let go major component of revenue contribution.

 

[headstrong007]

how are markets gng to behave if this particular thing happens ? any previous example ?

If lowest bracket raised from 2.5 lakh to 4lakh.. as far rumours...feel good environment... more money to people means...more they can spend..
same thing like when central govt increased salaries..few sectors jumped up..consumer goods.. auto..etc... expecting same effect..

 

[traderniftybull]

Sustaining and trading below 18888 for BNF and below 8383 for NF may not be good for bulls

At last closed quite above 18888 and 8383, so good for bulls tomorrow.

Will be looking for a big gap up or a big move after open, tomorrow, in both the indices

 

[travi]

If lowest bracket raised from 2.5 lakh to 4lakh.. as far rumours...feel good environment... more money to people means...more they can spend..
same thing like when central govt increased salaries..few sectors jumped up..consumer goods.. auto..etc... expecting same effect..

Probably 50k type increase, 4L is improbable for a Fiscal deficit economy.

 

[traderniftybull]

As far as increasing the exemption limit for IT is concerned,
noway it will be increased to 4 lakhs.
At the most it will be 3 lakhs, though I am not even expecting this much relief. However, there may be some increase in 80C deductions, may be an increase to 2 lakhs from the 1.5 presently.

 

[monkeybusiness]

As far as increasing the exemption limit for IT is concerned,
noway it will be increased to 4 lakhs.
At the most it will be 3 lakhs, though I am not even expecting this much relief. However, there may be some increase in 80C deductions, may be an increase to 2 lakhs from the 1.5 presently.

http://frjfinance.blogspot.in/2015/04/how-many-indians-pay-income-tax.html

Should not be a problem going by the figures.

 

[BearsTruth]

HUL delivers yet another pathetic quarter results. Stock ended in green!! Only stock where shareholders don't care abt growth...
http://t.in.com/f5K9

 

[headstrong007]

Probably 50k type increase, 4L is improbable for a Fiscal deficit economy.

govt is getting more indirect taxes now. Service tax 18%.. then GST is coming same year.. tax evasion hard with GST..more tax collection..
ek hat main lena to,, ek hat main dena bhi to chaiye..
50k to.. no effect..even bura effect..