Will There Be Changes In Capital Gains Tax In Budget 2024? | Union Budget 2024 News
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- čas přidán 27. 08. 2024
- Budget Wishlist 2024: Will There Be Any Changes In Capital Gains Tax This Budget? Can We Expect Relief On Taxation This Budget 2024?
#unionbudget2024 #budgetexpectations #capitalgainstax
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Why nobody has put a case on this issue, one STT was introduced to compensate the revenue of removing LTCG ,then when its brought back, STT should be removed rite. This FM is the worst ever , some economist or person who understand finance should be made the FM. Current Gov is any issue increase tax. Debit fund indexation is removed. Inspite of that no benefits to tax payers, still roads are worst, we pay heavy toll charges, Pollution etc etc.
Yes, it's the arrogance of the responsible Minister, who shamelessly laughs at the plight of the investors.
@@sudhakar1dw agree 👍
I dont think BJP did introspection why it did not get absolute majority this time. This finance minister is one of the reasons
Lol, I don't think she has a say in anything. Just a puppet
Everything comes from PMO office.
Perfectly said !!
✅️ @@Capex219
Don't expect anything positive. It'll be great if they don't introduce any new tax. That they will show as a great positive.
😂...
Nirmala Sitharam cannot take out any taxes. We should be grateful if she doesn’t add one. The BJP starting with Arun Jaitley only knows how to take taxes and taxes
If you increase the STCG or LTCG of listed shares, then rest assured, the money coming to markets will reduce. Markets are always risky and you cannot increase tax for people taking big risks with their hard earned money for which income tax is already paid.
Perfect statement
Congress/INDIA alliance should add to their next manifesto that at a minimum LTCG tax would be waved off completely. BJP keeps their image as the snake that bites that hand that feeds it. The ones that will be most affected if this happens are retail investors who are predominantly BJP supporters. Regardless, most of them would still vote for BJP if LTCG made at par with income tax slabs. So it's basically double taxation at slab rates. Tax income & then tax returns from that income. What a bloody joke :(
The rationale between STT and STCG/LTCG does not mathematically sound rational.
Don't increase tax on stcg and ltcg .. Increase taxes on F&O only and put only weekly expiry daily expiry is absolute rubbish..
Exemption of Rs 1 Lac should be increased to Rs 2 lacs.
All Metropolitan city taxpayers revolt on higher Income taxes.
Taxpayer association recommended:
Old Tax regime: Withdrawal.
New Tax regime:
*Default tax of 10K to provide Life insurance (10lk per head) & Health insurance (10lk per head) to taxpayer families.
exemption limit: 10lk
10-20lk: 5%
20-50lk: 10%
50-75lk: 15%
75lk-1cr: 20%
1cr & above: 30%
Market Capital gains:
exemption limit: 3lk
3-5lk: 3%
5-10lk: 6%
10-25lk: 9%
25-50lk: 12%
50-75lk: 15%
75lk-1cr: 18%
1cr & above: 20%
Will ease taxpayers as well government.
Expecting logic and rationality from ths administration is just plain stupid.
Best case scenario - nothing will change.
Worst case scenario - CG will be made higher & even more complex.
Govt shouldn't tax too much and become more of a burden to the hard working common people. Look at the food inflation which is more than 20%. Do something about reducing food inflation rather than taxing more and more?
Super rich should not be taxed. Instead it limits should be decreased to 10000 rs per year
Sad state of things -
Even after voters gave this Govt. third term, ppl have to hail the efforts of an old FM like Chidambaram.. really sad 😢
Real tax payers is minimum in this country and FM should be sensible.
Increase in STCG may also cause collateral damage. 15% flat is no joke
Right now this idiotic FM has no clue about anything. In India they are taxing REVENUE which is what a Salaried Employee earns. They should tax basis consumption and remove Personal Income Tax.
Hell why on earth LTCGT need to be increased. Dismis your idea.
Ltcg should be increased to 30 %
Short term also to 40%
Domestic LPG need to reduce, and NBFC Interest rate also reduce for common people.
Government taxes like European countries and provide services, benefits like African countries. This is extremely bad return on taxes people pay.
Tax like European return like African😂😂😂😢
What You Expect From Government Run By Chaiwala? Sir...
I really hope that Capital Gains are adjusted as the stock exchange has soared. It is not the investors fault. LTCG Equity exemption should be increased to 25 lakhs from 1 lakh, which is a ridiculous number. And then 10% seems reasonable.
To contain small investor from speculation they can introduce 100% tax on turnover.
Why GST not implemented to petrol and diesel.. Rajan Bangalore
It will great if they don't introduce breathing tax for all citizens @rate of 1 rupee per 1 inhale ana 1 exhale.
😂
Had if Rahul Gandhi spoken about STT was the replacement of LTCG and STCG and if he promised waving off both LTCG AND STCG equity market, he would have got 15 crore votes additionally + FPI flows..Congress in power by now.
Mr Chidambaram is real FM who inclined towards real savings to public, and did much better than the most onions
Mrs Nirmala uses her sense how to bring more tax, and how to stop benefiting real tax payers.
Perhaps India is the only country collecting direct+ indirect tax close 50% and in return zero value add to tax payers...it ll be on all time records..lol 😂😂
Rahul has even more dangerous ideas 😂
@@rajx7120Yeah Inheritance Tax That Cost Him And INDI Alliance...😂 Dearly...
Agreed. Congress should add to their next manifesto that at a minimum LTCG tax would be waved off completely. BJP keeps their image as the snake that bites that hand that feeds it. The ones that will be most affected if this happens are the retail investors who are predominantly BJP supporters. Regardless, most of them would shamelessly still vote for BJP if LTCG made at par with income tax slabs. So it's basically double taxation at slab rates. Tax income & then tax returns from that income. What a bloody joke :(
With the earlier Congress government, I atleast had some little hope from the government...
But with #BJP and Nirmala Sitharaman, I have lost all hope of any relief as a common man !!
don't you think the debt category taxation you said was wrong?
❤
People are sick of the same old wine in a new bottle. Rejigging the tax slabs simply won't work. Black money in India has been created for years because of higher direct and indirect taxation.
Drastic reduction in personal income tax to bring out black money into the banking system is required.
Also, we all know that there are no proper checks on government spending. Both macro and micro checks on how public funds are utilized are required. Huge spends can be done for e.g. in the area of sanitation (like Singapore) to clean up tier-1 and tier-2 cities thus stimulating the economy and having a positive effect on public perception. This is just one example. Government can improve urban roads, traffic infrastructure etc. to improve currently miserable living conditions in cities.
Sadly, I don't think we will witness any of these things....just more arrogance and ignoring of the common man.
absolute rubbish budget.....the whole tax burden levied on share market.
How holds for 10 years. There person having holding 50 years.
She is from Rajya Sabha and owns no obligation to the people, she will only look to squeeze more out of the people
I think she's just a puppet and makes no decisions on her own
the guy who appoints her is from the Lok sabha..is he not accountable to the people?
@@Amal-kp8qbVery true
Nirmalasita raman is worst FM.Our dumb PM dont want brainy FM who can take credit
Can you substantiate with tax rates and tax structure during manmohan sing period.you need tax colloection for defending our borders in northeast and elsewhere.you want to live in safe india then pay tax.if you want corrupt indi , dmk, tmc etc then vouch for them.
@@mukundrajan8961Andhbhakt If You Don't Know Economy Then Don't Bark...It's Not High Tax Is Problem It's Complexity With Added Cost...Like GST Income Tax Must Be Less Complex...
Please make cancer medicines tax free
This is a bad news for Investors who are already paying Securities Transaction Tax and STCG, LTCG.
there's no news yet..just speculation
wasting time what can come. Just for TRP!!
Let it come then discuss..
irrespective of all talks, i dont expect any reasonable benefit to Indian salaried tax payers particularly who are cash cows so far.
Should be considered? पगला गए हो गए हो का बे?
इतना Direct और Indirect tax देकर मन नहीं भरा है क्या, जो अब capital gains tax भी बदलना है?
Paid news
We want PC Back as FM & Khadgeji as PM.