Kaynes allotment is tomorrow still Archean allotment is not completed which is to be done today. Always keeps me waiting for it's first allotment from linkintime. I don't have luck with linkintime as even Tracxn I didn't got alloted. But still waiting to see allotment in both
226. Finexpert| Link| Bookmark|
November 16, 2022 9:28:24 PM
Top Contributor (400+ Posts, 200+ Likes)
Leaked sources say, government is about to increase capitals gains tax in budget 2023.
In my opinion, earnings from market should also be taxed at slab rates. They should reduce CGT for under 20 lacs earnings...and increase above 20 lacs and 50 lacs. And increase
These blood suckers have no mercy, if you can apply GST on basic necessity like milk in a country where huge population is malnourished you already should have an idea how diabolical these people are. I come from a background where i do not have to worry about 5 percent GST but india is going to take over china next year in terms of population, I have met people who literally struggle to afford one meal a day (went off topic there). Point is they will increase CG tax in a year or two.
224.2. tri.vis| Link| Bookmark|
November 16, 2022 9:41:48 AM
Top Contributor (200+ Posts, 100+ Likes)
First check the facts Mr. HP About GST on milk.
224.3. ipo stonks| Link| Bookmark|
November 16, 2022 5:05:34 PM
Top Contributor (300+ Posts, 200+ Likes)
GST is chargeable on PACKAGED milk. Milk suppliers from unorganised market won’t be charging GST on their milk.
I agree with @ harry potter views... @ipo stonks--- Milk suppliers from unorganised market CANNOT BE TAXED as you said they are from UNORGANISED MARKET..so it is alsomt impossible to have data and collect GST from them. BTW, why packaged milk??????Is it not basic Commodity.OR Milk becomes Paneer by packing???Strange observation At the ouset, GST on Essential Commodities should be very limited AND I think,Petrol/Deiesel will be taxed GST if packaged...Right?????
Once in for all, I get it some of you have this urge to defend everything. You cannot charge GST on UNPACKAGED MILK,FOODS etc. Kisiki bhais kitna doodh de rahi hai aur vo uska kya kar raha hai kaise track karoge bhai same logic for fruits and vegetables, aap GST laga bhi doge unregulated market par toh follow kaise karoge so it is better to say that THESE TAXES ARE ONLY ON PACKAGED FOODS AND DRINKS. I live in tier 1 city my grandpaa used to buy milk from a milkman 10 years ago now it is a extincting species plus you cannot trust anyone right now, I know some of you will not let this go and come up with another argument so i will end it with saying GST is great and celebrate and defend NEW TAXES that is introduced every year rather than retaliating so that tax slabs can be revised every year, peace out.
224.6. ipo share| Link| Bookmark|
November 16, 2022 7:17:25 PM
IPO Guru (1600+ Posts, 800+ Likes)
This will be very negative for markets. Govt should not discourage equity investments.
224.7. ipo share| Link| Bookmark|
November 16, 2022 7:19:32 PM
IPO Guru (1600+ Posts, 800+ Likes)
Investors take risk with their hard earned money. Govt should bear their losses also if they want big share in investor’s earnings. Rubish proposal. Absolute non-sense.
224.8. ipo share| Link| Bookmark|
November 16, 2022 7:22:58 PM
IPO Guru (1600+ Posts, 800+ Likes)
I agree with @harry potter. Packaged milk is used by people of every class, not exclusively by rich people. Govt is fuelling inflation itself.
@Monster You are absolutely correct. It is under consideration to re-think about CGT. I have also read this yesterday. This is difficult for the investors to save tax on CG. I want to give an example of wheat. Upto the packing of 25kgs there is GST. Now packing is coming in 30 kgs. No GST. Business community is also very intelligent/clever. Even in Income Tax Govt. has given many ways to save tax. @HP, this is public forum and it is not advisable to discuss more here. I have no right to say anybody not to discuss. In my opinion, this is not the forum to discuss on Govt. policies. A very sensitive subject. My personal view only and please don't mind. Suno sabki karo man ki.
224.10. Amit Chheda| Link| Bookmark|
November 16, 2022 8:56:51 PM
IPO Mentor (800+ Posts, 900+ Likes)
Govt should not increase any taxes in capital gain.
Instead they should scrap stt or remove long term cap gain.
Hope this govt does not make any blunder in upcoming budget. This govt want tax on stt, gst on stt/ brokerage, stcg, ltcg, dividend distribution tax, tax on dividend, tds on dividend, fno taxes.