This is why rich people leaves India | Grey Answers

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[balavenkatesh]

Union of States, India growth is 7% but my tax is 12% on Capital Gain, 30% on income tax 😢

[tntccoachingcentre]

Fantastic... I am also thinking to top up my sip. But changes my thought. I think Better to go gold always..

[Bala-zwlk]

BJP never carried about middle class, retail investors and tax payers. Their interest is always with corporates who fund their party for election. Unless they are out of this government we cannot expect a change in taxation.

[devananth]

Bro pattu sir gave an amazing explanation of the 2024 budget and i quote "not everything is set in stone policy will change with time and people". Don't worry keep your investing.these are just minor road blocks

[lakshminarasimhannarasimha]

Very honest opinion salute to you.
Very practical and open thank you so much.
The budget has disappointed middle class people.
Especially on the indexation benefits and capital gain tax.

In reality they must bring down the taxes on the mutual funds and on the share market this will open up many people to invest in the share market which indirectly benefits to the growth of the nation.

The best government is a government where the people have more money and government has less money.

[leeotheexplorer]

Bro she is a such a person like, whn people are suffering from high Onion price and press is asking why the price hike in onions. She simply told I WONT EAT ONIONS. appove we need to how capable she is.

[muthupandi]

I like you who speek loud enough with truth. I request you to do more videos like this. More people can't understand politics on economics side. They kow emotional politics only.

[johnsha]

Worst budget, same feeling for me also bro I'm thinking to stop the sip index investment considering the tax and inflation rate.

[Alifbiriyani]

Worst finance minister ever. Don't foresee anything. Just tax like 10th standard becomes finance minister.

[drrajmmc]

Ultimate aim will SCGT and LCGT will be around 30% and will added to your IT slab

[abdulhazeeb]

Usually Union Budget would be in Feb, this year its in July and if it was before elections then BJP would have got more slaps....

[dinesh]

India is Union of States thaan naan eppavuma nenaikuran. Athaan nallathukum kooda. 🖤🖤

[deneshkumarm]

LTCG is available every year, so you can setoff your profit and loss each year up to 125000 and then re invest again.

[kanyakumarijoel]

mid cap 150 index fund cagr is 16% for past 20 years

[pradeepn]

In india tax is high, but service is low

[SiD]

I think the LTCG has been reduced from 20% to 12.5% but we lost indexation benefit. Pls check.

[mathangiramdas]

1 லட்சம் எல்லோருக்கும்.இல்லை. Share market மட்டும் நம்பி இருப்பவர்களுக்கு எல்லோருக்கும் இருக்கும் salary slab உண்டு.

[gpremkumar]

Corporate tax had been reduced, now it's not 30%.

[neelesh]

Bro tax harvesting pandradhu dhan only option bro yearly once 1.25 lakhs profit book panni reinvest pannanum bro

[ThennarasuR]

Regarding ur calculation on CAGR, Inflation and LTCG. It works as u said when we book profit for every year only. Over the years, 12.5% LTCG is not on CAGR, it is from final overall growth percentage.

So for very long term, Index fund is relatively Useful only.