We had a golden period from 2004 to 2018 wherein the capital gains were exempted from taxes. Arun Jaitley – Finance Minister(then), re-introduced long-term capital gains (LTCG) in 2018 to squeeze out additional revenues for the central government. LTCG was 10% then and is currently 12.5%. FIIs vs Indian retail investors Capital markets react inversly…
Economists have been saying that inflation is a broad daylight theft and impacts the poor more than the rich. People think Inflation is the rise of prices on commodities, but the reality is that it is the loss of purchasing power of the currency. I did a short video on this, you can watch it…
Traders expected a bullish day today. They cannot be blamed because on 22nd we had a solid trade day above the crucial support level of 39742. But something was certain, once we broke that level yesterday we should really look out for bearish opportunities not the other way around. The level of 39742 became so…
