How India just killed STOCK INVESTING! [10 Key Points!]
HTML-код
- Опубликовано: 17 окт 2024
- 👉 My Stock Market LIVE COURSE [CRASH COURSE over 3 weekends]
wisdomhatch.co...
________________
👉 Learn about stock markets through small byte sized daily posts (only at 159/month):
/ @akshatzayn
________________
Budget 2024 has been announced, what are the important key takeaways - for you as a retail investor?
I'll break it down in simple format for you in this LIVE at 3 PM [23.07.2024]
PLEASE NOTE: THIS IS NOT AN INVESTMENT ADVICE. PLEASE DO YOUR OWN DUE DILIGENCE
****
Linkedin► / akshatshrivastavainsead
Twitter► / akshat_world
Instagram► / akshat.world
****
Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
Video and Thumbnail Editor: Ayushman Khare
.
![Who Wrote a Short Story That Seriously Disturbed a Teacher? | Dirty Laundry x Smosh [Full Episode]](http://i.ytimg.com/vi/bvHAy_rKoEI/mqdefault.jpg)
BJP Govt never bothers about common middle and lower middle class and makes life miserable for them which is unfortunately painful during this high inflation period.
Rural population remains the largest segment. This budget is good for country, but not so good for those looking to enter the crore/billion realm.
We are not the Vote Bank for them. That's why they will never give anything
STCG of 20% ? People going to be encouraged for trading?
Shukr karo khata khat ke liye tax nahi badhaya😂
@@seansanwhybaptisingmakesch1930
Very good calls regarding NVDA99K! It’s now either make it or break it for NVDA99K ! I would love to hear what are your targets moving up.
Investment in Bihar is going to go to drain. High corruption. Last 2 bridges built with thousands of crores were subpar and could not hold their own weight.
Bhai , if India given full.majority to bjp than they does not give money to Bihar... But this is what they have to do to stay in the government...
Do the BJP is so pitty?
Rats damaged the Bridges 😂😂😂
Ha khata khat ke liye paise ped pe lagne Wale the 😂
This party takes the vote in the name of religious sentiment and make everybody fool. Remember vote for congress in state elections.
What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox?
People employ various tactics to capitalize on market fluctuations, whether it's experiencing an upswing or downturn.
Certain Ai companies are rumoured to be overvalued and might cause a market correction, i think it’s best you reach out to a proper fiduciary for guidance
While keeping your portfolio allocations balanced, de-risk your investments, support your core holdings, and take some gains. Even managed portfolios don't always perform as well as I would advise, so it's essential to get the advice of a qualified fiduciary; my spouse and I find that this works for us. Net of dividends, we have had over 80% capital growth.
this is all new to me, where do I find a fiduciary, can you recommend any?
I use "Melissa Jean Talingdan" as my licenced advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
those who remember Modiji and Amitji saying stock market will fly............ can like here. I believe they meant taxes will fly.
They made a Jhumla of entire country.
😂😂😂
😂😂
Investors will fly away
Flown away
Used to support bjp strongly
But worst policies for common man😢
Andhabhakt spotted. Good that the bhakti is slowly going to drain as people are now understanding the reality.
Modi lao hindu bachao
@@pankajB66 How is supporting BJP automatically Andhbhakti? Can a normal person not have normal political preferences? Everything is either Andhbhakt or Pappu ka chamcha... You are part of the problem of extremely polarized thinking. Grow up.
@@shivamkumarshrivastava5182Finally a maturated comment 😊
Remember no two politicians are enemies, they are are just enemies in front of cameras 🗿
अब भुगतो
This BJP government is killing the middle class and Retail Investors 😢😢😢😢😢
vote them out. Paar India ko toh Modiji bacha lenge 😁 sic
@@coruscatedHa khata khat ke liye paise ped pe lagne Wale the 😂🎉
Fact is Income Tax has come down. And poor ppl are losing more money in trading and they are paying tax
@@Jaysingh172syde bhakton ko kuch bura lagta hi nhi. Paw paw ne paada to b inko khusbu hi ayegi😅
And still people of love this govt merciless heavy tax on common people
This budget made 200% sure that BJP will never come again to rule,but we got 5 years to tolerate. If they collect tax from atleast 60% of the population then its understandable, they collect tax less than 2% of us and want to serve the nation give free salary,etc is unacceptable. Whoever works hard should earn his perk,and as a tax payer what kind of benefits we get? My servant and her family took all kinds of loans upto 12L altogether not worried at all to pay back and happily living. I am pissed to be patriotic but sametime how losers are we.
Bro, investors are just 4% of the total population. Middle-class is 31%. Sure, we can make some difference, but if the poor people vote for Modi again, there is more or less nothing we can do about it.
Just because ltgc and stgc...
There is a world beyond stock market😂😂😂😂
And stock market will not going to crash.
Yes it may show some correction, then it will boom again😂😂
@@shivamkumarshrivastava5182 There are fools who watch manupulated media bro nothing is going to happen chronic captilist will keep doing big marrges which don't end for their entire life
Last k 6 months me freebies dekar fir se MODI and NIRMALA TAIII will be back
If they collect tax from atleast 60% of the population then its understandable, they collect tax less than 2% of us and want to serve the nation give free salary,etc is unacceptable. Whoever works hard should earn his perk,and as a tax payer what kind of benefits we get? My servant and her family took all kinds of loans upto 12L altogether not worries to pay back and happily living. I am pissed to be patriotic but sametime how losers are we.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
Annette Christine Conte is a hot topic even among financial elitist . Just browse, you’d find her, thank me later.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
*Union Budget* by _Nirmala Sitaraman_ ❌️
*Bihar Budget* by _Nitish Kumar_ ✅️
Maharashtra getting shit 😭
Rural population remains the largest segment. This budget is good for country, but not so good for those looking to enter the crore/billion realm.
Bihar me road and highway 🛣 ke liye 26k crore ka package mila, this is not beneficial fir state development.
We all mind these things Tax slab, STT, LTCG & STT is more important for middle class and salaried person.
Grow up those who said Bihar ko 26,000 crore ka package mil gaya hai
Shukr karo khata khat ke liye tax nahi badhaya😂😂
@@sanchit6107 Bhai Maharashtra me election hone wale hai. Abhi hi sahi time hai apni mange rakhne ka to log sunenge bhi.
This is going to be a different bull market. With NVDA99K coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.🎉🎉🎉🎉🎉
Tax the farmers, even Amitabh has become a farmer 😂😂😂😂😂
even suhana khan is a farmer
Agritax is a state subject. No role for Union Govt.
I also would like to know how to become a farmer, I would not mind to invest some money in a land & start cultivation if it helps in saving a lot of taxes.
Bro I think government should tax the big farmers
Even Sharukh Salman Aamir all are farmer. Salman bought a land where he is farming, tax him more.
This govt has lost its mind. LTCG was not needed in a country where only 5% people participate in stock market.
This tax change is expected when there was recent news about “worst bank deposit crunch in last 20 years”. Telling more people are investing in stock market which means less money is being invested in bank FDs. So banks has little to lend it. So govt needs to make stock market less attractive to balance it.
it also preclude institutional investors (foreign/domestic) to sway the market. There isn't enough regulatory oversight on trading so market manipulation becomes rampant.
In long term average return of NIFTY is 12-15%. How it is fare to apply it on all your existing investments. They could have simply kept the 10% retrospectively or the duration of long term investment could have been increased.
There are multiple taxes on Stock market already. STT and other taxes are deducted when you buy and sell. These are even not deducted from tax gain. They have discouraged the market and the entire economy. STCG is fine but applying taxes on already taxed retirement money is not justifiable. We don’t get anything in return for paying 10 types of taxes. US has taxes in equity according to the profit amount. Middle class is trapped in this country.
@@tbnagGovernment is worried about money flowing to equity instead of banks when only 5 % invested in stocks !!. In other nations it's more than 40%. What should they do?
Once NVDA99K passes $1, it may NEVER see that low again
What is nvda99k?
NVDA99K going up like crazy! Pick up around 0.67 and now it’s hit $1! I wish i had bought more!😂😂😂
Scammers everywhere
I used to support bjp, but now its the most hateful party, its the party of rich
Super rich
Don’t forget the freebies they are giving using tax payers money😊
@@zafershah247those freebies are much much lower than the freebies given by INDI
@@rag2273 You actually need the super rich. No point of vilifying them. A case study if soviet union and collapse and Russian economic resurgence after 50% GDP reduction will tell you
@@zafershah247
Congress is giving even more freebies. So i don't think congress either will reduce taxes .
They are imposing taxes again and again in Karnataka from last year to fund their freebies.
Tax payers and Business class should vote against BJP
Vote for Congress and face the music.Congress spoke of house to house surveys and snatching money from people and distributing to those with more children .Mr.Kharge was even worse when he said a similar thing
18:36
I think no one should vote for BJP. Sirf hindi muslim aur Nehru hi ata h.
Absolutely
No vote for BJP 2029 ,there should be change otherwise one party will over power others and its never good for any democracy
Yeah no choice . Congress said they will increase Tax to 40% from current 30% .
There must be a dedicated IPC for paying taxes. If not then why the government is treating us like the criminals? For what crimes are we being punished?
voting bjp again nd again middle class should be punished.
@@IndiaKaregaDhandaHa khata khat ke liye paise ped pe lagne Wale the 😂😂😂😂
@@Jaysingh172sydetu pagal vagal hai kya
@@anujkhanna2428 pagal to wo h jo khata khat Walo ko power me Lana chahte h😂
lol kuch bhi ..
Terrible blow for investment in Shares in India now. Govt is keen to take away the wealth of the investors in India now.
Not sure why capital gains is an issue? Anyways finally this tax is included as part of income tax and taxed as per tax bracket.
@@patdhavalit is not
@@patdhaval These uneducated people wont unnderstand bro. dont bother. They just want to smack Bjp govt.
@@julius_caesar_853 What extra education about taxes on share you are having, can you kindly aware us also?
@@patdhavalwhy increase stt?
Those who are working hard will die paying taxes in india.. and those who are not paying even a single penny, are enjoying on freebies/subsidies sponsored by our taxes !! I pray to god that one day may working class people will unite and they will also become a vote bank for govt. and start getting benefits/freebies/subsidies like SC ST OBC ETC.
It's already happening slowly. just we have to wait for election time...hope it gets sooner
And EWS.
dear fellow everyone paying tax in form of GST.
GST collection go up n up month by month.
What about corporate tax? Taxes on supper rich? --
Combined middle class will be fraction of swathes of poor vote bank
Absolutely correct
@@sureshkumargupta3295 corporate tax going down to under ground.
We middle class people need to make sure that this Govt doesn’t see the next term…..
We don’t have other options
@@NikunjSoni-kx4ehwhy no other option?
10% LTCG was from 2018 right?
Before that was there any LTCG?
@@NikunjSoni-kx4ehThere are many options but people like u dont want to give any chances to others telling there is no other option 😂
@@Cloud-yh5gs
What options are u talking about?
Taxes in congress ruled states are already higher than bjp ruled states . Why do u think they will not implement those taxes to support their freebies when they come at centre?
We are speaking after looking at policies which congress is implementing in their ruling states 🤷
We don't options bcoz the opposition manifesto is worst they are attracting voters with freebies it will the worse if those kind of parties rule , again we will be the most suffers. Being in Karnataka I know what the congress govt is doing they cudnt serve the freebies for one year already govt is bankrupt , they have increased petrol prices, milk, road tax, land registration tax, Bangalore roads have become pathetic...this is just one year only still we have to see them another 4 yrs..I'm not supporting BJP but we are left with no option
For salaried pll, Hard earned money is taxed , if we save to make investments by compromising on other stuff, investments intrest are also being taxed.. Government is grinding hard working individuals and those not willing to work or save are enjoying freebies
And those who have ways to hide income are flourishing and being encouraged in the current environment.
I'm thinking it's more profitable to do farming than investing in stock market... and it's stress free too
Try it... U will not get any profit only loss... That is why so many exemptions... We are destroying nature like anything... Irregular rains, high summer temperatures, new pests....
Did you say farming is stress free??
@@rohanp8645 absolutely.. compared to corporate jobs that suck the life out of you or stock market craziness.. in farming at least you are out in nature with fresh air and sunlight
😂@@rohanp8645
By the time some people move to farming, Govt will start finding ways to penalize them for doing so! Seems like a day will come when middle class will be taxed for breathing
Next time I will not vote bjp , nirmala sitaraman destroy Indian retail investors and middle class people
Correct me too won't give them my valuable vote .
Aur nare lagao and andh bhakt bane raho
Mein to pehle he bol rha tha 😅😂
Rural population remains the largest segment. This budget is good for country, but not so good for those looking to enter the crore/billion realm.
@@dherendrachauhan3282 Rural population remains the largest segment. This budget is good for country, but not so good for those looking to enter the crore/billion realm.
Nirmala could have simply set 10% marriage opulence tax, under a luxury tax scheme, and all the Govt's current bottlenecks would have disappeared like the wave of a magic wand. 'Repairo'
The salaried middle class have been the source of mainstay for this Govt., and yet they have been screwed interminably budget after budget. It is quite strange that this segment is yet to realise as to how they have been taken for a ride.
Consider this, it is unconscionable that even after mind boggling Inflation, except for standard deduction, tax exemption limit for the old regime has stayed at 2,50,000. Rent exemption under Section 80 GG is still at 60,000/- Exemption on savings bank interest under section 10 TA is 10,000/- .
The new tax regime hasn't been made attractive to switch over even after minor concession in the current budget.
Unfortunately, the salaried middle class has become a cash cow for revenue generation. For the past 5 years, Personal income tax collections have exceeded corporate tax and the poor Senior citizens have been worst hit.
Please vote again for "agle baar, 400 ki paar" 😂😂😂😂😂
And you still vote BJP. That's what is Andhabhakti.
Yeh Sarkar bss hum sbko ******* bana rahe hai
The other option is what?? Congress?? Woh toh poora band bajaadenge... realize how country can be screwed by these people...
@@NaNa-lt1po nope congress is wayy better.
@@NaNa-lt1po it was Manmohan Singh ji who saved Indian public as when economic crisis arrived. See how fast people forget the hard work of congress. What about oil price hike , can’t you se the difference now. Whole India can make difference. BJP win in the name of religious politics . I wish Indians become educated enough to get right mind and reason to vote
As for diversifying into real estate, removal of indexation benefit on sale of property in budget 2024 is a major setback in terms of huge increase in taxation.
I doubt if it's going to make a difference.
Everyone who invests in real estate...will keep this increased taxation...and INCREASE the sale price!!!
Watch the price GO UP
Sadly Nirmala Sitaram is just an educated lady with no clue about the impact of Budget on the public, for example you make mobile phones, Silver, Gold available at cheaper rates which the ppl buy once in a while and the same amount is recovered through by taxation of items which are a daily requirement like Hairoil, toothpaste, processed food, Umbrella, Butter, Ghee etc.
The irony is that we now live in a country where buying a diamond for the rich would cost them 0.25 - 5% of GST but the whole country has to pay 18% of GST while buying Pen.. that's a Shame or a Sham, decide for yourself
I don't think she and her party even thinks so precisely...
@@AyushKashyap- Bhai Diamond har roj nahi kharidta koi, ye bhi soch lete pehle. Rojmarrah ki cheezo pe taxation jyada krne se har admi effect hota hai specially middle class & ppl below poverty line. Mere jaise log Diamon kharedne ki soch bhi nhi skte, jo kharidte hai unke pass paisa obviously hota hai pr har ghee, pen toothpaste kharedne wale k pas Paisa ho jruri nhi
@@AyushKashyap- aur wo 5% tax denewale kitne log honge apne desh mein btw ??
Taxe burden sirf middle class k upr jyada hota hai, the rich hire CA n financial expertise to bypass Taxation and we can't have that luxury bcoz we're middle class
@@AyushKashyap- 80 cr ko 5 kilo Ration dena pade to hisaab lga lo k ameer kitne hai desh mein aur gareeb kitne aur middle class kitne. Rich constitutes of mere 1% in the Indian population, to maths kr lo kitna tax milta hoga inse.
@@AyushKashyap- Ameer numbers mein jyada hai ya Gareeb ?? Itna to Ganit aur Sadharan gyan ata hofa tumhe, jiski jyada sankhya uski utni badi bhagedaari tax mein.. kehne ko to tum log Modi ko Bhagwan bhi kehne lage ho to kuch waise bhi bacha nahi.. logic aur reasoning se to upar uth chuke ho tum Andhbhakti mein kyuki ab to tumhare saheb biological hi nahi rahe to tum kyu peeche rhoge
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Zachery M Demers’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
he's mostly on Telegrams, using the user name.
Zachfinance
I'm surprised that you just mentioned and recommended Zachery M Demers, I met him at a conference in 2018 and we have been working together ever since.
Really you people know him? I was even thinking that I'm the only one he has helped walk through the fears and falls of trading
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
So the state which had accounted for more bridges collapse and its contractors are awarded in this budget.
Pay taxes like in first-world countries,
Receive benefits like in third-world countries.
Minority taxpayers continue funding welfare schemes without receiving any direct benefits.
Which benefit do you get in return of paying tax from government?
@@anirudhapramanick9546thenga
Appreciate everything you do for the NVDA99K community
Could not have been worse for Middle Class….
Rural population remains the largest segment. This budget is good for country, but not so good for those looking to enter the crore/billion realm.
Ha khata khat ke liye paise ped pe lagne Wale the 😂😂
@@seansanwhybaptisingmakesch1930BJP bot
@@seansanwhybaptisingmakesch1930who is india? People or politicians?
@@seansanwhybaptisingmakesch1930 Modi's IT cell is everywhere now days. For a middle class the only way to grow their wealth is stock market as it has high potential but they re increasing tax rates .
In congress it was 0 now it is 12.5%.
worst FM ever
गरीबों को मिली सबसिडी,अमीरों को मिला रिबेट, मिड्ल क्लास तुम टीवी देखो, तुमको मिला डिबेट।।
Time has come for tax paying class to vote against BJP
Tum bas time laate raho, wo tax laate rahenge
Ab kya fayda ab to election 5 saal baad hai 😂
@@gkulkarni16 Toh kisko vote karoge bhai? Kaun hai jo tax ko Kam karega😅
@@bharatmatakijay3449 ruling and opposition both are same..sad
I have decided not to vote for this draconian tax government again.....
Bhakts were chanting “Modis stock”😂😂😂 Now it became “Modis political / regional budget .
Hi Akshat Sir, when we'll sell foreign stocks invested in long term, we'll have to pay TCS on top of Capital Gains Tax. Then how is it beneficial when we need to sell finally?
LTCG is the worst hit for me
Nirmala should seriously take some finance courses from you
Is it rate that high?
Discrimination. Reward for AP and Bihar for supporting Government to retain. What ideology?
Same ideology as other states getting development apart from Bihar since independence. Cheer up Migration will be reduced from Bihar to southern states
Kuch nahi khurchi bachani hai
@@AMANKUMAR-zh6bxkuch migration kam nahi hoga…mumbai is overflowing with UP n Bihari..!!
@@ajup009 Lets hope for the best.
😂😂
Nice boss.......Property sold out two days before the budget 2024 would get indexation benefits....... please reply.
This is the last thing I wanted from this budget.. increase in LTCG.. I am burning like HELL.
@@manojsuri007 there is more to us of BJP will rule
BJP ko vote diya na to lagao burnol.
@@psp80 mai nota ko diya tha ab regret ho raha hai
Everyone is
@@psp80ye to hone hee waala thaa....andhbhakt ko double charge lagaao
Real estate becomes extremely challenging for the middle class because of gundaraj of the private builders, useless RERA etc. Equity was still lucrative at 15/10% but now it isn't anymore. 7.5% tax increment straight away. A sad day for investors.
buy land not flat
Hi Akshat. It's not as bad for equity as it is for real estate. While the LTCG for real estate has come down from 20 to 12.5, the indexation benefit is gone.
A 20 year old property bought at 8 lakh which now can be sold at 1 crore, will attract twice as much tax as it would have earlier, assuming a current indexed value of 66 lakh (20% of 34 lakh vs 12.5% of 92 lakh)
What are your views?
wow i didn't know that
Eventually BLACK MONEY WILL GROW.
No buying of real estate for investment.
Builder lobbly will be angry with Govt.
Very nasty hit for real estate investors.
This is a huge thing but i feel some kind of clarification will come on this. Like will a house bought in 1960 will also be treated same or we will use a fair value in a new year like 2020.
Is this applicable for all properties sold this FY from April 2024 ??
Black money will increase. Buying property will not for investment hence property for rent will not be availble.
Builders lobbly will be unhappy with govt.
This money will be in share market.
How to invest in startup companies?
If we want to invest in swiggy as uou mentioned, how do we go about it and what is the minimum amount required? Please do make a video regarding the same.
Sir Can u tell me "what is the procedure to change the government????".....😢😢😢😢
Follow Rahul Gandhi
Bjp never cared for middle class. In case of Andhra actual promise was made 10 years ago was to provide special status. But they never cared during 10 years and now as they are surviving with support of Andhra govt. they gave this allocation. Its still not a complete justice to the state as capital has to be built from scratch. So I don't think this comes as a regional aspect but a deserved one. Agree with the fact that if Maharashtra is source of more tax then it deserves some favour
What about delhi ? It contributes 2 lakh crore taxes every year ??
People of AP voted YSRCP to power in 2019 Assembly elections and it was this YSRCP which took people of Andhra Pradesh for a ride by 1st) playing a game of snakes and ladders w.r.t capital , 2nd) freebies to many , 3rd) nil job creation. I fail to understand how is BJP responsible for the current state (2019-2024) of Andhra Pradesh. Andhra Pradesh People gave a rock solid victory to YSRCP (in 2019 Assembly elections) and not BJP (in 2019 assembly elections). This needs to be understood by you.
Who asked you to vote for Japan? All your politicians are billionaires😅
Gold has fallen by 4k because of reduction in customs duty. is it good time to accumulate?
Gold won’t go down when ever there’s war in Middle East.
This tax change is expected when there was recent news about “worst bank deposit crunch in last 20 years”. Telling more people are investing in stock market which means less money is being invested in bank FDs. So banks has little to lend it. So govt needs to make stock market less attractive to balance it.
Hello
LTCG on real estate is now 12.5%, but there is no indexation!
Can you please explain what is indexation bcz we sold a property in December for 1.3 crore 😢 ?
@@aryan507cz You sold property in December 2023 right so you must have already filed taxes for it for FY23-24.
@@aryan507cz Suppose you bought the house for 50 lakh 15 years ago. When filing ITR with indexation (inflation), your buying price will be say 1 crore, which means you had to pay LTCG of 20% on (1.3-1) 30 lakh only, which comes out to be 6 lakh LTCG tax. Now, after today's announcement, you will have no indexation benefit, thus you will have to pay LTCG on (1.3-0.5) 80 lakh profit at 12.5%, which comes out to be 10 lakh LTCG tax. Thus, under the new rule, you will have to pay Rs. 4 lakh more tax compared to the previous rule. (Ignore slight increase in LTCG exemption of 25 thousand upto 1.25 lakh; it will not help.)
@@aryan507cz indexation means cost price is mapped to current cost based on price index and then the gain after that is only counted.
@@aryan507cz For example if you buy a property for $50 lakhs and sold it at 75 Lakhs after 5 years. The Capital gain will be 20 lakhs but if you apply indexation (consider inflation then the value of the property factoring inflation may be 67 lakhs). That will reduce your capital gain tax.
Indmoney or vested, which is better for US investment?
What ever investment opportunity becomes popular, the tax on that will increase....it is a question of demand and supply...
Market will go up u don't worry akshat is big fraud man
A Govt can't play that capitalism. That way the country will never progress. When you always keep over taxing what citizens are interested at a given point in a dynamic way how is it helping the economy? What logic is this :-P . Govt should understand that they are not running a political business, but rather the utmost service sector for which people elected them as servants - not CEOs selling the product called India internally and globally. That too selling by systematically breaking the product 'India' fundamentally through these crony capitalistic, 0 welfare, loot-policies and covering in an external gold foil called GDP when internal quality metrics are all below par (eg. GDP/capita, all Human wellbeing indices).
Great insight. Is it that Mutual funds also attract 12.5% LTCG?
Worst budget.... middle class nothing.rich getting richer
In US Stocks, can you please analyze Celsius Holdings (CELH) and let us know your opinion.
Thanks,
Deepak Trehan
Eventually, your previous podcast on which 8 stocks to invest post budget has gone for a waste. Let's please not preach any practices. There might be people over the crowd and have invested like you mentioned and wouldn't have gained much marginal and this might be his/her critical outcome. So, let's be very cautious in making predictions as we don't vouch for any Govt instead talk what is good to people. We talk best practices and how to allocate assets; which in itself is good enough. Predicting will not work in all scenarios!!
No we use our own mind before investing like he clearly says take your own informed decision..
I was a mere spectator today and just bought small stuff at dip. Nothing else
I bought PI industries and m happy with it ..
😅, youtube channel will pay him, nothing gone waste for him..!😂😂
Ur sentiment is good. But it's not akshats fault as he clearly says about the risk and percentage of ur capital which should be invested in a given video. U have listen the whole video. At the end no hate to u, just my thoughts.
Pl. Recommend of Beoing stock. Whether it is right time to accumulate now? Pl. Revert.
Sad reality is whoever you vote for/against, we fail to understand that there is a systemic issue and politicians love to exploit it and won't want to fix it.
The system only give all power in hand of few while rest are powerless so majority people lives are control by minority people at the top.
Should government bring back inheritance tax?
Where can I buy US stocks?? And is it safe to invest in them through stock brokers??
I am seriously thinking about moving to Vietnam, GOI has just made it less lucrative in investing in stock market, 2.5 excess on long term Capital Gains....what is the point of investment?
Seeing the number of DEMAT Accounts and so much of stock prices increases, it means that people have money and they are investing. These STCG, LTCG increases are small things. You are only paying these on your gains, not on your investment.
You talk about comparing long term capital gains with other countries which has 0, this is good from informational perspective but also if you could compare the regular tax rates of those countries or the return on equities from those markets as better comparison and share this would give better understanding. Thanks for sharing your thoughts. Continue providing your valuable analysis for wider reach 👍
Good evening Akhshat. Today you are quite disturbed. Hope everything is fine. I never seen you like this un cheerful. Take care.
Seems more like a desperate attempt to secure the govt for next 5 years by financial favours to allied parties
where can i buy international stock ? can you pls suggest any platform ?
If we invest in nifty smallcap 250 for the long-term, what CAGR can we expect?
20 percent
U shud expect 50% tax
Does capital gains tax by India affect foreign investors? If it does, that may seriously crash the Indian stock market stock price by driving foreign stock market investment out.
People will not blame high tax if they get quality infrastructures, schools, hospitals and other facilities. These people levy tax, collect it and in the name of spending they loot it. That is sad for the country and people.
ANY THING INCREASED GRADUALLY DIGESTABLE , BUT SUDDEN INCREASE IN QUANTAM OF 2.5 % AND 5%TOO MUCH .
So how much time is needed for us to wait to sell stocks and get least tax chances
Hence middle class doesn’t bother to even vote.
Being a BJP supporter especially for nation first initiatives - but personally- why raise CG taxes it was unnecessary, especially when common people started to invest - it would have made sense after 3 years.
You are an exception, Most of us vote for bjp for the way it treats minorities. Now we are crying fowl, for bjp it's business.
@@abhisheksrivastava716 what exception? And speak for yourself- what does “we” mean?
Taxes are already high it’s very obvious- and raising CG taxes is just ridiculous.
@@RealisticIndianhey I want to know what are the changes they did for long term capital gain ? Bcz we sold a property in December for 1.3 cr
@@aryan507cz it’s not retrospective- so I don’t think it will impact your case, but do check with your tax person- they can guide you properly.
We should understand that there is no one in the government who understand what economy is? What are the pillars of the economy. Even if there is one he will not be able to perform.
No wonder this government has killed the economy from day one. Higher tax and more regulations does not mean good economy and higher revenue. It is actually the opposite.
Saying that fund allocation to Andhra is regionalism is myopic on akshat's part.
What Andhra Pradesh got in this budget is long over due since the unfair bifurcation of Andhra Pradesh left my state without a capital and with out a growth engine like Hyderabad.
We have to build the capital from scratch and the 2014 ap bifurcation act said it makes polavaram a national project. This modi govt didn't grant us special status which was promised on the floor of the parliament. This amount sanctioned after 10 years of hue and cry is just a consolation.
Or maybe it's not that complex and Modiji just needs Naidu's support in parliament to stay in power?
@@shivamkumarshrivastava5182yup😂 Andhra and Bihar got for just political. If BJP was that considerate, they would've done a lot for their own voters.
Where can I start to invest in Crypto?
I think it does not matter which party is in power, unless concerns are raised seriously only then can something like this be prevented , because even if congress comes to power they would not be interested in the salaried class .
Hello sir ,very useful videos as always .can you please put some light on investing in unlisted stocks?after this budget was anything related to deduction of tax on profit from unlisted stocks?
Nirmala didi secretly working for congress 😂
Nirmala Didi secretly working for Modi ka parivar, that is, Ambani and Adani
@@gibraanjafar1669Congress also working for them
Sir what you thought about granules stock
Sir which platform do you use for investing in US Stocks?
and me being a retail investor is it worth investing in US market with all the expenses related to US market
Exeness octafx
INDmoney is good.
It's okay....stock market was very bullish for last few months and was continuously going up. New investors were rampantly putting their money in stocks without much risk assessment and it also dried up bank deposits.
In a way it is good that the market is correcting a bit.
In 2050 STCG will be 200%
& LTCG will be 100%😅😅😅
2050 tak ye budda nahi rehega. Already 75 ka hone wala hai aur gajni ki yadash hogayi hai. Kuch yaad nhi rehta election rally me to dekhliya hai. 😅😅
@@mucesed-lj5mz IN 2050 INDIA WILL BE RULED BY EVER YOUNG RAHUL GANDHI AND THERE WILL BE NO BUDGET.THERE WILL BE ONLY KHOTAKHOT PAYMENTS SYSTEM.
Not 2050. It will be in 2047. Vikshit Bharat
@@mucesed-lj5mzwho ever is pm - will increase taxes for sure - bcoz need to appeal multi kid ppl -- so otr ppl get taxed more as and more thr population increase
i think you dont know maths!!
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
But Akshat in US stocks also we have to pay LTCG and in addition to that 25% tax on dividends, TCS and currency conversion rates and charges
So how will investing in US Equity is more beneficial?
Yes
His focus is on diversification of investment and not tax saving
He said..0% tax on capital gains..In US there is no such thing, however some countries do have 0% tax on CG..but not US
@@sukh5369 when did he say US has 0% tax ? I might have missed
sir,
do a video on startup investing ,how to invest in startup which are not listed but in future it will and how will it work, pros and cons ,
and one more thing
how to find best us / international stocks , how to analyse it ..
thank you
Worst budget.
This guy is so smart. I learned a lot in this 30 min video. I wish I could work under him.
Its no wonder HNI's are leaving India.
@@kattappa4344 so taking the benefits and spending it overseas. Even worse no?
HNI's are not chewtiyas.. they take whatever works for them whichever country
@@adoption_center748 Exactly.
Salaried are Golden Hen
Every year they are killed
Hard working, skills and high earning in the country is heavily penalized.
Big fate.
In 2018 this BJP govt introduced LTCG and STCG.
Because PM has to buy new 18000 cr jet and BMW
bewakoofi ki bhi had hoti hai yaar...you think LTCG went into funding jet and BMW.
@@vkps108 that's euphemism bro just for fun , btw you bjp fan?
@@F16Raashah and you Muslim right?
@@vkps108 thanks for still being bjp fan.
@@vkps108 you muslim right?
Young intelligent smart people like Akshat and Dhruv Rathee can change India's future..But one has already left the country.
Pls make a video for members for investing in international market
Quick and to the point video is 30mins 😮
China taxes at 20%, US short term taxes are at income level long term is 20%. I understand we will be paying 2.5% more than earlier but it is not that it kills investments. I agree it is pain point for sure. Short term is increased to gain from F&O/Trading etc.
Dear friend it is not 2.5% extra. It's 25% extra. Till day we were if paying ltcg 100000 rs it will be 125000 here after
Yes but these countries don't have hight indirect taxes...in India income and spending is taxed at high rates...
Many millionaires with income in capital gains will leave india
@@vamshichakrasriram8000exactly..people miss this 10000rs to 12500 is 25 % change
@@vamshichakrasriram8000bro...don't respond to Bhakths...unfortunately they have a tough job to defend everything
@@georgethomas1705 Are you insane? Where did you learn that these countries don't have high indirect taxes. You know nothing about USA lol. They pay like 42% in taxes, all things combined. The so-called middle class in the US is on the verge of bankruptcy due to inflation. They are in ever increasing debt. Taxes are insane over there. India is headed in that direction, unfortunately. But, even after these tax hikes, we are in a much better position than them.
How can we invest internationally? Please name few platforms.
This government is all about taxes! .. have never voted for BJP and will never do!
Should NRI invest foreign market or in India now ?
Is idfc is good when we see the ratio of conversion to idfc first bank
In my opinion, Capital gains tax should be slab wise, like it is in US. Let’s say for Long term gains up to 2.5 lakhs to be taxed at 5%, up to 5 lakhs to be taxed at 10%, more than 5 lakhs at 12.5% tax. That would help middle class people to save money and neither the govt fiscal deficit will increase.
One thing is ppl who invested
India should focus on building up it's sovereign wealth fund just like countries such as Norway, Singapore. The interest earned from such investments would help in covering several expenditures for the government. This approach would help reduce income taxes.
What is the future of CDSL and CAMS after the budget
No major effects