Posted on: 25-12-16 07:27:22
Modi hints at long-term capital gains tax on stocks. If demonetisation was war on the corrupt, then what will this latest govt. money-grabbing scam, er, scheme, be justified for?
While demonetisation was allegedly for soldiers and national security (according to fans), then the proposed long-term-capital-gains-tax may be for the benefit of farmers. Jai jawan, jai kisan (no taxes on kisan, even if he earns in crores?)!
We had the socialists (Mahalanobis & gang) of J.Nehru and I.Gandhi regimes, that practically destroyed post-independence India for a couple of generations. Looks like we have a new set of them in the current PMO and doing the globalists bidding.
Meanwhile, there are no talks on bringing back the trillions of dollars of black-money. Meet the new boss. Same as the old boss. Lol!
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http://economictimes.indiatimes.com/news/politics-and-nation/pm-narendra-modi-hints-at-long-term-capital-gains-tax-in-budget/articleshow/56160784.cms#
Actually is a good idea. Modi should copy Canadian model for capital gains taxes. Abolish long term & short term concepts.
Rich farmers should be taxed also. Let that happen after 10 years otherwise, Modi wont win the election and we will have same crooks that looted India for 60 years.
On black money, focus needs to be on Panama & Caribbean Islands. Most important.
On Swish bank, automatic exchange of info will start in 2018 btwn G20 countries. Those Canadian desi, with accounts and undeclared property in India better start preparing. CRA will catch up with you soon.
Quote:
Originally posted by elmer fudd
Modi hints at long-term capital gains tax on stocks. If demonetisation was war on the corrupt, then what will this latest govt. money-grabbing scam, er, scheme, be justified for?
While demonetisation was allegedly for soldiers and national security (according to fans), then the proposed long-term-capital-gains-tax may be for the benefit of farmers. Jai jawan, jai kisan (no taxes on kisan, even if he earns in crores?)!
We had the socialists (Mahalanobis & gang) of J.Nehru and I.Gandhi regimes, that practically destroyed post-independence India for a couple of generations. Looks like we have a new set of them in the current PMO and doing the globalists bidding.
Meanwhile, there are no talks on bringing back the trillions of dollars of black-money. Meet the new boss. Same as the old boss. Lol!
----------------------------------------------------------------------------------
http://economictimes.indiatimes.com/news/politics-and-nation/pm-narendra-modi-hints-at-long-term-capital-gains-tax-in-budget/articleshow/56160784.cms#</font>
