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Why Hasmukh Adhia is so wrong on LTCG tax


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Sreejith R.S.
government is on a "taxing binge"
by Sreejith R.S. on Feb 14, 2018 06:44 PM

if the profits are taxed , can losses be accounted for in taxation, for an investment of 10 lakh, in last financial year , a person losses 3lakh, and gains this year 3lakh, then where is the profit?

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Praveen Roy
Taxing immediately
by Praveen Roy on Feb 14, 2018 02:42 PM

The worst part is that the anouncement of taxation applies to earlier investment which was done taking prevailing rules.

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decent
Remove Long term capital gain tax
by decent on Feb 14, 2018 01:09 PM


Long term capital gain tax will erode the goals of everybody ,must be taken back.Wait for 2019 elections.

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No effort ..
by on Feb 14, 2018 09:55 AM  | Hide replies

Hi ,

As per this article if somebody thinks that gains in stock market is effort less then ..????

I don't know about HNI but sure this will affect retail investor . those are salaried middle class. Government is squeezing Them

Thanks
Mimisaw

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decent
Re: No effort ..
by decent on Feb 14, 2018 01:12 PM
Actually middle class people had just started investing in mutual funds thinking SAHI HAI,thanks to the TV Ads and now it has beome SAHI NAHI HAI...Long term capital gain tax must be removed.

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