Dear FM Madam @nsitharaman ji, I am hearing that you are finally considering some rectifications in the Capital Markets. Let me share my suggestions once again. - Abolish LTCG (Please remember that investors are investing their post income tax capital). So you need to incentivize long term patient capital. - Quadruple Taxation should be Abolished in Capital Markets (Income Tax + STT on Buy + Capital Gains on Sell + STT on Sell) - Bring Capital Gains from Markets in Rebate under Section 87A. This will ensure that people who only have income from stock markets can also get the full benefit upto 12 Lakh. - FIIs lose a lot due to currency. Many invested at ₹70 a dollar and today they are exiting at ₹95 a dollar. They are taxed, even though they lose due to currency depreciation. We need to somehow ensure that they get taxed only on Dollar Terms. We need a think tank to ensure that they are playing on level field. I sincerely hope that the Government rolls back on LTCG which was introduced in 2018 (totally unnecessary). If you implement above steps, your STT & STCG collection will eventually hit new highs and it's a WIN-WIN. I hope every investor reading this would share widely and ensure that FM Madam takes necessary steps !! Our Companies Earnings are at All Time High. These Steps are Crucial to attract Long Term Capital. On behalf of investors, #FI

Hearing that FM Madam is reconsidering LTCG on Equity. Clearly it was a mistake commited in 2018. What is stopping her from announcing Zero LTCG with immediate effect in Capital Markets? 🥺 #FI