I just noticed one thing, the BJP govt. withdraw those things which gave them short term benefit for upcoming state elections. Like Padmavati (Rajastan & MP), reduction in GST RATES (Gujarat)
To be honest, I don''t think they will withdraw LTCG...
Indian gov has given special benefit to the investors who sell their equities before 31-Mar-2018. The gov has been so kind to give special benefit where the investors will not be taxed if their sell there equity assets before 31-Mar-2018.
As per information available with gov, you still have so much long term capital gains left after 31-Jan-2018 that gov in all its kindness and large heartedness decided to Grandfather all the LT Capital gains.
Our gov is looking into making all investors wealthy with its care and consideration and its vision for Indian economy.
Gov is sure that we will not think twice before giving our contribution to our country. So sell all your equity assets before 31-Mar-2018 and then buy again to pay STT twice and subsequent capital gains.
All the best from Gov for your and country wealth. Jointly will go up and ......
I THINK IF MARKET SENTIMENT IS GOOD ON LISTING DAY THEN LISTING ABOUT 1485 - 1495. IF FII TAKE PARTICIPATE IN THIS STOCK AS WELL AS SUBSCRIPTION.THEN LISTING MAY BE SURPRISE.
First time in my life I thanked God for not being allotted any share. God is great. Everytime we will curse our luck for NIL allotment. This time..................................................