Truth Behind RE Amendment I WeekendInvesting Daily Byte 7 Aug 2024

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  • čas přidán 9. 09. 2024
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    Alok is the Founder of Weekend Investing. He has been in the Indian stock markets for almost three decades now and is passionate about building rule based - non discretionary momentum investing models to invest in the markets that can generate superior returns compared to benchmarks . His dream is to try to help others achieve Financial Independence early so that life can be lived to the full, like it has for him.
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Komentáře • 60

  • @nachiketasaha4095
    @nachiketasaha4095 Před měsícem +3

    THERE IS DISCRIMINATION BETWEEN THE REAL ESTATE OWNERS AND STOCK OWNERS. IF THEY CAN BE GIVEN THE OPTION TO CHOOSE ON THE BASIS O F THE DATE OF PURCHASE OF THE PROPERTY, WHY SHOULD THE OWNERS OF SHARES NOT GET THE SAME BENEFIT FOR COMPUTING CAPITAL GAINS?

    • @AlokJain
      @AlokJain  Před měsícem +1

      share investors have enjoyed 0 tax also for long...want retrospective equality ? :)

  • @EngineeringLabs
    @EngineeringLabs Před měsícem +1

    I am too not happy with the increased LTCG and STCG taxes. If a youtube channel like you can raise the concern in some blog / tweet and if we agree with it, re-tweet or email the concerned parties in an organised way, then would be more reachable

    • @ppatel1776
      @ppatel1776 Před měsícem +1

      Good Idea fin Influencer should take a stand

  • @varadigovinda111rajulu7
    @varadigovinda111rajulu7 Před měsícem +2

    Thank u sir

  • @sunilwagh7098
    @sunilwagh7098 Před měsícem +1

    Even indexation on Debt MF gains removed all of sudden, same logic should be applied... taxpayer should be given option to choose between indexation vs 12.5%...now how to get this herd by concerned officials?

    • @vatsalchandan4626
      @vatsalchandan4626 Před měsícem +1

      indexation on debt funds were removed in 23 budget and all the investments before that are grand fathered

    • @AlokJain
      @AlokJain  Před měsícem +1

      The babus feel sto k mkt and financial products making PPL rich so no roll back possible here

    • @sunilwagh7098
      @sunilwagh7098 Před měsícem

      @@vatsalchandan4626 i have purchases prior to 2023 so Indexation was applicable till Budget & all of sudden its removed & its unfavourable for my taxation

  • @ppatel1776
    @ppatel1776 Před měsícem

    LTCG SHOULD NOT BE MORE THAN 10% BECAUSE WHEN YOU BUY AND SELL ALREADY PAID 10% to 15% of your profit as taxes in most average returns calculated

  • @TutulBiswas-kh3tl
    @TutulBiswas-kh3tl Před měsícem

    Thank you

  • @anilverma3
    @anilverma3 Před měsícem

    Thanks for sharing the valuable knowledge

  • @Nilkamalsha75
    @Nilkamalsha75 Před měsícem +1

    Sir same should be done for equity and debt funds

    • @AlokJain
      @AlokJain  Před měsícem +1

      Shd yes. Will it ..no

  • @amitnakrani
    @amitnakrani Před měsícem

    Thank you for your knowledge share

  • @anupamgovind3979
    @anupamgovind3979 Před měsícem

    Thank You.....

  • @sagarKeUspaar
    @sagarKeUspaar Před měsícem

    I like your content Alok..Your content is all about facts and no stories..keep it up 👍🏻👍🏻

    • @AlokJain
      @AlokJain  Před měsícem +1

      Thank you so much 😀

  • @iamjavedji
    @iamjavedji Před měsícem

    It is very difficult for uttering a word against the policy of this government. Thoda jyada tax dekar jaan aur ijjat bach jaye to bhi fayde ki hi baat hain

  • @DayInLifeFinance
    @DayInLifeFinance Před měsícem

    Sir real-estate companies have convinced GoI not homebuyers, hence for LT and ST increase retail investors protesting will not help. It should be done by AMC and corporates who carry weight

    • @AlokJain
      @AlokJain  Před měsícem +1

      No lobby for investors

  • @RakeshTank-t5k
    @RakeshTank-t5k Před měsícem +1

    What about those properties which are booked before 23rd July and yet to be delivered.
    Only part payment done

    • @AlokJain
      @AlokJain  Před měsícem

      Ask a CA. Allotment date shd be ok

  • @a.s.psastry7710
    @a.s.psastry7710 Před měsícem

    Hello, Sir, Well put it. I wonder if the people resort to buy and sell of real estate as often as they deal with equity market. There is a perpetual income to the Govt on the equities bought and sold. Not so much in real estate which is far and few between in individual cases. As you said, there was no demand for roll back. In case of real estate, it is the lobbying which did the deal. Money and Power pays.

  • @ananthnag9144
    @ananthnag9144 Před měsícem

    Please let me know what needs to be done related to LTCG so it will be rolled back

    • @AlokJain
      @AlokJain  Před měsícem

      collect 10000 folks, sit at jantar mantar

  • @senthilkumarg.s3288
    @senthilkumarg.s3288 Před měsícem

    Your presentation & communication is excellent. Are you from Financial Background Sir?

  • @drkunalashah
    @drkunalashah Před měsícem

    Nothing about Gold in the last few Daily Bites

    • @AlokJain
      @AlokJain  Před měsícem +1

      Will do soon :)

    • @drkunalashah
      @drkunalashah Před měsícem

      @@AlokJain do you feel with gold going under the radar in the last few days it is a good time to bulk buy ??

  • @martinpaulhere
    @martinpaulhere Před měsícem +1

    agree 💯 there is not enough of voice from investors and traders community regading capital gain tax hike.apart from.showing some anger on social media what is real solution to have such forums to whom listen to ? Industry experts veterans like you and others lkke you should take lead in this regard like write on newspapers ,tv channels and other existing forums strongly.there are association for every damn business and organisations in our country . then wondering why there is nothing for trading and investors ..? The crying baby gets the milk

    • @user-yn5od8vg1i
      @user-yn5od8vg1i Před měsícem

      This guy is not industry expert man.But he has more knowledge than me, so i watch this channel. Once I get enough knowledge, will stop watching this

    • @AlokJain
      @AlokJain  Před měsícem

      Yes there is lack of investor associations

    • @ppatel1776
      @ppatel1776 Před měsícem

      ​@@AlokJainmake a one we will happy to join under your leadership

  • @shankarlal-fo3tz
    @shankarlal-fo3tz Před měsícem

    🙏🙏

  • @shibarghyasen8331
    @shibarghyasen8331 Před měsícem

    Sir, Why closing price is different from LTP. I know it's the avg of last 30 min's price. But the question is - why so?

    • @AlokJain
      @AlokJain  Před měsícem

      Bcos in illiquid stocks you can manipulate the last few trades

  • @softiceable
    @softiceable Před měsícem

    Whats the significance of 40 SMA?

    • @AlokJain
      @AlokJain  Před měsícem

      nothing. just like 200 has no significance other than ppl follow it

    • @softiceable
      @softiceable Před měsícem

      @@AlokJain but that makes 200 a self fulfilling prophecy but have never seen anyone with 40 SMA that's why I asked.

  • @plarunachalam3048
    @plarunachalam3048 Před měsícem

    sir, the choice btw Indexation with 20% tax/ 12.5% without indexation - is for properties sold from April 1, 2024?

    • @AlokJain
      @AlokJain  Před měsícem

      bot before..

    • @plarunachalam3048
      @plarunachalam3048 Před 26 dny

      @@AlokJain Bought before Budget day is fine. But sold btw 1/4/24 and Budget day, is the choice available?

  • @mpjain
    @mpjain Před měsícem

    Agree. Crying baby gets attention

  • @dsb700
    @dsb700 Před měsícem

    Lollipop

  • @honest307
    @honest307 Před měsícem

    when opposition was complaining of GODi ;MEDIA, we thought it as overhype, now people like us who were supporters of BJP now understand that the Godi media whwich was a curse for political opposition is also muzzling us middle class. By the time, we understood the real color of this government whose only interest is getting votes to further the interest of Big busness. we have paid the price

    • @AlokJain
      @AlokJain  Před měsícem +1

      All govt are like this

    • @honest307
      @honest307 Před měsícem

      what ever may have been the problems with UPA, there has always been a semblance of morality in dealing with taxation. They have changed rules and tax rates but have alwaays protected the existing investments and this govt has exceeded all limits in treating the tax payers with contempt'. It started with Mr. Jaitely and the current FM continues. with goal posts being changed at will. Lack of sensitivity coupled with ignorance has been the main reason. The message sent out is so negative. I dont think the goverment revenue is going up in a substantial manner to warrant this behavior.