ये होते है, पढ़े लिखे MP जो इस तरह के मुद्दे उठाते है। आम लोगों के लिए बोलते है।
वरना लोग अभी ऐसे ऐसे को वोट देते है कि उनकी सोच को सलाम।
Speech of RAGHAV CHADDA
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My Demand: Make Long Term Capital Gain TAX on Equities NIL for individual investor.
I welcome the hike in STT (security transaction tax) on derivatives as it can curb reckless speculation. Nearly 90% of retail investors lose money in F&O, turning markets into gambling.
When STT was originally introduced, LTCG was zero. But now with both STT and LTCG in place, investors are disincentivised.
I urge the govt to abolish LTCG on equities for individuals, as done in Switzerland, Singapore, UAE & others. This will boost household wealth, reduce speculation, and shift savings from gold & real estate into equities.
