00:00So the title of my speech is the good, the bad and the way forward.
00:03When the long term capital gain on equity was zero,
00:06then the STT was given that it would be a simple upfront levy to trade regardless of profit and loss.
00:12The long term capital gain tax on equities should be made nil in this country for individual investors.
00:20So listen to you, which way you are standing in the right direction of the company's proposal?
00:30Okay, what is the proposal?
00:32This is easy to understand.
00:34If you are a long term investor and the future and options are in the derivative market,
00:41this video can be very important for you.
00:44Raghav Cheddha has a proposal for you in the right direction.
00:49What is the reason?
00:50What is the reason?
00:51It's easy to understand and then it's the reason to listen to the Raghav Cheddah.
00:54Share Bazar, which is a very important question of the tax system,
00:59which is the reason to understand the Raghav Cheddah.
01:02It's the reason to understand the Raghav Cheddah.
01:07The Raghav Cheddah has been kept in the time,
01:10when it was the reason to keep the Raghav Cheddah's perspective.
01:16SMR आगव चड़ा का कहना है कि Long Term Equity Investors को अलग नजरिय से देखने की जरूरत है
01:22उनका तर्क है कि जब Security Transaction Tax लागू हुआ था तब Long Term Capital Gains Tax नहीं था
01:28यानि LTCG exist नहीं करता था
01:31लेकिन अब STT और LTCG दोनों साथ-साथ लागू हैं
01:35जिससे लंबे समय के निवेशक काफी हतोच साहित महसूस कर सकते हैं
01:39रागव चिड़ने स्विजलान, सिंगपोर और UAE जैसे देशों का उधारन देते हुए
01:44ये सुझाव दिया कि अगर Individual Investors के लिए Long Term Capital Gains Tax को खत्म कर दिया जाए
01:50तो इससे Household Savings को Equities की और बढ़ावा, इस Speculation में कमी और Long Term Wealth Creation को मजबूती मिल सकती है
01:58तो ये सिर्फ एक मांग नहीं बलकि भारत के निवेश माहौल को लेकर एक Policy Discussion भी है
02:04जो इस समय बजट सत्र के दौरान चल रहा है
02:06लेकिन अब सवाल ये है कि क्या ये सुझाव इंडिया's Capital Market Depth को और मजबूत कर सकता है
02:13और Tax Revenue Versus Investor Participation के Balance पर इसका आखिर क्या प्रभाव पड़ेगा
02:20तो चलिए अब रागव चड़ा के इस एक्स पोस्ट में दिये गए विडियो को समझने की कोशिश करिये खुद उनी की भाशा में
02:26और समझे कि LTCG Tax पर ये Policy Proposal कितना प्राक्टिकल है और मार्कित के लिए इसके क्या माइने है
02:33और आपको जो भी लगे हमें कॉमेंट सेक्शन में जरूर बताइएगा
02:36आज प्रयास करूँगा कि एक objective analysis is budget का करूँ और constructive criticism अपना आपके माध्यम से वित्मंत्री को दूँ
02:43So the title of my speech is the good, the bad and the way forward
02:47Four good things that I found in this budget, four bad things that I found in this budget
02:51and four innovative suggestions to the Honorable Finance Minister
02:54So the first good thing that I found in the budget is that there was an increase in the STT for derivative trading
03:03and the markets also fell, but I have to believe that in this step speculative trading
03:07or 60 trading will be reduced or less
03:10and retail investor, which is a 90% retail investor in FNO sector, which is a loss of futures and options
03:17and plays a role of futures and options, which can become a loss of retail investor's protection
03:22but I would like to remember with this, what is the genesis of STT, when was the birth of STT?
03:29STT, our senior colleague Mr. Peach Dambram, when Finance Minister was introduced to replace long-term capital gain tax on equities
03:40जब long-term capital gain on equities zero था, तब STT को लाया गया
03:45कि वे एक simple upfront levy होगी, trades पर regardless of profit and loss
03:50लेकिन अब सरकार ने long-term capital gain tax भी लगा दिया, STT भी लगा दिया
03:55और retail investor को और तमाम investors को एक प्रकार से disincentivize किया
04:00मैं एक सुझाव लाया हूँ सरकार के लिए जिससे long-term household earnings बढ़ेंगी, wealth creation होगा
04:08और wealth parking, real estate और gold के sector से निकल कर equities में आएगी
04:13और speculative trading और कम होगी और long-term investment behavior investors का बढ़ेगा
04:18वो की है कि long-term capital gain tax on equities should be made nil in this country for individual investors
04:26दुनिया की कई ऐसे देश हैं जिसके अंदर long-term capital gain tax equities पे खास तोर पे
04:31शून है जैसे कि Switzerland, Singapore, UAE, New Zealand, Hong Kong, Qatar, Malaysia
04:36मैं चाहूंगा कि जब STT बढ़ाया जा रहा है तो इसी budget में ही
04:41long-term capital gain tax को zero किया जाएगा
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