Middle-Class Savings Now Flowing Into Stocks, Must Safeguard Trust, Says FM Sitharaman
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- Опубліковано 13 тра 2024
- #nirmalasitharaman #middleclassfamily #demataccount #stockmarkets #fpi
In a far-reaching statement, Finance Minister Nirmala Sitharaman has said that middle-class savings were now flowing into demat accounts and stock markets. Speaking at an event in Mumbai organised by the BSE, the Finance Minister said that middle-class families have realised that even though risks are high, returns in the stock market are better than the other investment avenues. She added that the trust reposed by the middle-class in the equities market guarded and furthered. The minister also said that the regular flow of domestic savings into the stock market had counter-balanced the Foreign Portfolio Investor (FPI) outflows in the past few months.
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Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life🙏🙏🙏
People should remember: poverty is not an accident, a coincidence or an inevitability. It is something which is manufactured by the step or action we takes
you are right .
Most people don't invest due to ignorance.
People are scared of Investment because of high rate of scammers on the market@@AbleJennifer
But of a truth they are scammers but real brokers are out there too waiting for investors.
Ppl investing in sharemarket Because no other option for indians to survive inflation🤬
The inflation rate of India is at its average pace of 7-8%. Get the data from economic reports, not news.
In the same setion no answer to many tions of brocker who asked to FM
Do you know first of all what is inflation 😅
Still no answer for high short term and long term capital gains tax
Well said 😂
Reduce capiral gain and taxes...more demat accounts will open.
Crypto will kill Rupee. already it went to 80ruppees for dollar from 60. It must be 30% else our condition will be like zimbabwe..inflation killed thier currency.
No , please increase capital gain tax and money will go to bank account 😂😂😂😂😂
What about tax in stock market? Toooo high tax in stock market
If taxes abolished , then that will attract more and more investors into FNO trading . On the other hand , in order to control FNO government should consider increasing taxes and other charges for FNO trading.
Invest properly after studying...ignorant investor blame tax for their failures.
Tax should be increased in stock market.. only income tax should be abolished
I can understand people being bearish with these conditions. However, it is not reasonable for most people to sit on the sidelines while your cash position debases by 10% or more per year..What is the best way for me to avoid inflation eating up my cash reserve of about 300k while investing it?
Don't be in a hurry to get in. The market needs several days of strong performance to signal that the downturn might be over; i think It's a time to be largely, if not entirely, in cash
Inflation gives the illusion of growth. Investors should exercise caution with their exposure and exercise caution these period. See a market strategist with experience if you are unable to manage these market conditions
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020...
@greekbarrios I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Kristin Amber Landis” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
The reason is because , your government is not increasing the interest rate for several years . If ppf is having a decent 9 percent interest rate , why are we going to put our money in risk taking equity ?
No, the interest rates cannot just keep on increasing.
Govt. Looting through STT and GST, trading agency looting through transaction charges
our country is acting like sosilalist country many free bees and social scheme is running ...
Please reduce the taxes
Taxnothigh
If taxes abolished , then that will attract more and more investors into FNO trading . On the other hand , in order to control FNO government should consider increasing taxes and other charges for FNO trading.
@@user-mj3nj1tm1fstupid
retail investors lost 5lk crore in IPO fraud, who allowed that to happen?
IPO Fraud ? Please explain how is that Fraud and why not yet reported ? Hope u understand basics of IPO, Ppl lost money becoz they do not read financial and buy at high valuations. Those who don't know to read Financial statements shud invest in Index which has made everybody huge money.
Bhai 5 lakh crore ke to total IPO nahi aaye hain ab tak😂😂 kar di na galti.... Padai kro to loss bhi nahi hoga greed me paisa mat lgao..
@@AjitSingh-vt9re ek PAYTM mei 1lk crores loss hua retail ka. Are you from whatsapp university?
@@AIgen-ct3hz paytm 18k crore ka to total IPO tha usme 8000 crore retail portion tha... Total investment 8000 crore tha To 1 lakh crore ka loss kaise hua.... 😂🤣
WhatsApp university ka dhruv papa se pta chala h kya... Vo khud usme hi padata h.. 😂
@@AjitSingh-vt9re bhai matha pachi mat kar inse. Inka kuch nahi ho sakta. Ji bhai saab bolke kinare karo inko aur luft uthao market ka. Paisa hi Paisa Hoga types! Haha.
All BJP ministers are good except her. Ask her what she has for the middle class and her answer is "Next question pls".
Maybe the govt has no concern for middle class tax payers who happen to be irrelevant vote base? That could be a reason.
she just explained exactly that. That finally the middle class are investing. This is true. I have been investing for a long time because I studied and stayed with children of rich kids. I educated my family members about stocks and they have invested too. Just the policies don't help unless you take advantage of it. Have an idea? Go create a startup. Need a loan for micro industry business? Choose the Mudra loans. Sure I do agree that those in the service sector are facing the brunt, but I live in the US and people who merely do 'jobs' face the same heat here too. Salaries don't make you rich and wealthy, investment does.
Yo lady, u ruined Middle class, increased taxes, increased daily expenses and people r desperate to save something. confidently she is saying that she did something to people. Shameless...
get a job and work hard
@Tony_Montana659
Offcourse we are working hard and Paying tax. thats why these people r bragging about it.
Paying taxes is responsibility of every individual to run a population of 140 crore so what is your problem dude
Ya before 2014 I was paying 10% tax on 2 lakhs income per annum now i don't have to pay tax for income upto 7 lakhs per annum and India was 10 largest economy in 2014 now it's 4 th largest economy average inflation in congress tenure was 10+ now in last 10 years it's only 5 so as per this logic this lady ruined our economy
Yes as a responsible citizens, we r paying taxes and as a responsible citizen we question a govt, if govt loot people in the name of tax. If govt collects unaccountable funds in name of care funds, a responsible citizen will question. If a govt takes fund from corporates but dont want to disclose it and does favour to them, a citizen should question it. U wont understand it dude.
Ask her how many retailers earned from the market.
Government just taxing citizens
Only long term investment only gives returns.
hope you dont know trading or loss money
this was earlier removed and introduced by the present government and this is a torture to the lower middle and middle income group. part of the captial gain swollowed by the government 😊
@@Tony_Montana659 so how many lacs you made bro
Remove taxes on capital gain, like stamp duty, sebi charges, gst and all other 11 taxes
Broker are taking too much charges... please make it less
Broker is taking only 20 rupees...just read breakdown of charges, its all Taxes
@@liverpoolchampion8855 sell and buy 40 rs remaining taxes... but overall it must be reduced
Milgaya maha chu broker😂@@liverpoolchampion8855
Yes, std and other charges are more than brokerage @@liverpoolchampion8855
@@liverpoolchampion8855idiot update urself. Broker is charging ₹20 for each buying and selling i.e. ₹40 in F&O.
Bcoz they are clueless of your taxation system she knows everthing but pretents to be innocent "donkey".
STT was brought becoz Long term capital Gain was removed. Now LTCG is there and STT is also not removed.
Do you even know the difference between STT and CGT?
If you have knowledge about it please explain it sir
@@mukeshk5542 STT (Securities Transaction Tax) is a tax applied when you buy or sell stocks. It's deducted automatically from the transaction amount to discourage speculative trading. On the other hand, CGT (Capital Gains Tax) is impose on the profit you make from selling assets like stocks or property for more than you paid. It's only paid when you sell the asset and varies in rate and exemptions based on how long you've held the asset.
i think STT state portion of sales duty and the other part is central portion.
People put in money stocks because of your incessant money printing and inflation didi.
Paise ka pade pade value jaa raha hai mehengai badh rahi hai leaving no option but to play the stock market game just to beat inflation. Aapke government schemes toh kuch dete nahi hai.
28 percent Gst on two wheeler bike middle class and poor depends on them mostly
Figures she is producing will encourage her to put more tax on this category. It is really worrisome.
Only because of our ultra legend Anand sreenivasan sir.. not because of you
SEBI is a joke.
Remove unnecessary taxes like LTCG STCG STT kind of heavy taxes to bring majority of Indians into the stock market for investment keep it simple one tax one nation every one is happy to pay it happily and our nation becomes more stronger
Poor people enter stock market and loosing 😢
you dont know trading
When governments try to attract people into investing into the stock market, it usually leads to bubble; history never lies
My question is ! Being a FM she herself doesn't have money to contest then what about economy! Just a thought..
Earning 2.5 lakhs per month (including allowances) and still not having funds means what about common people having less than 1 lakh per month?
India is a Sattebaaz economy under the Gujarat model of the Chanda chor party.
Ghar ghar satta khilaya ja rha hai...
Dream 11, stocks, mutual funds, rummy, ludo
.
...
Retail investors are being made bakras😂
There should be any longterm tax in equity market as 98% people are loosing money in the market retailers
And she is the one looting the hard-earned money.
How much money she looted yours. we are not fools to listen to your foolish comment.
Stock in what to give taxes and taxes and Taxes,
Why income tax exemption limit is not linked to inflation?
Does the tax expemtion limit should vary with inflation?
When will you return wrongly implemented GST. Tax everyone equally, not only Salaried individuals!
That she will never do. She will only tax the middle class heavily and loot them blindly. BJP needs another FM soon.
Reduce middle class taxes,
Please better to reveal central minister's portfolio stocks time to time. Whats the problem in that, they lead public life.😂😂😂😂😂
Reduce tax and abolish gst and please do the job of reducing inflation...majority of the citizens dont fall in the rich bracket..dont be a dumb and deaf government financial wise..
Honourable finance minister that doesn't speak volumes.its just technology that brought retail investors to stock market closer
What if market falls after election result again the same middle class will loose....
Always election time market is down after that picks up
Yaa, it's right people are aware to invest their savings in stocks for future incomes, due to future increased in inflation.
We pay 15% STCG to the government on our profit, same thing government should refund us 15% when we are in loss by introducing short term capital loss (STCL).
GOOD MARKETING STRATEGY TO COLLECT 30% TAX
Yes, mutual funds are becoming very famous among the middle class people
Because of you people many people lost lacs and lacs and left stock market already. Stock market and mutual funds existed many many yeas ago as well.
Economy is all time high…GDP is all time high..country is development anything only EPFO interest is lowest in last 40 yrs. tradition FD ppf returns are below inflation what common ppl to…you even capped BPF limit to 2.5 lakh.so Pitty ..what middle class ppl do…you even put more tax on package wheats, Dal…everywhere you are taxing ..even you take 10 paisa in 1000 rs SIP ..volume speak..
Bjp govt started ltcg...... hypocrisy ki bi seema hoti he.....
Because FII exit with profit without pay single penny.... Bro LTCG sabse jyada FII par lagta h... Or vo unke liye hi laya gya tha...
Retail to pichle 5 saal se jyada aaya h.. or bull market ko hata de to retail paisa bnata hi nahi h..
Why is she talking credit to demat account. Successive governments have been pushing towards investments and capital expansion. She or BJP had ZERO role in this. Everything does not begin with BJP. Congress can take example from 1990 to show that things have been glowing then too. SEBI was formed to ensure compliance and it was because of UTI and Harshad Mehta
Credit to youtubers for spreading awareness....Govt can help middleclass by reducing LTCG burden...
Govt greedy eyes on investors..😅 hard earned money Is going to vanish through rules set to rip working class.
How many of those demat accounts have losses madam? As per SEBI on an average every retail investor is reeling losses to the tune of 2lks both in stock market and FNO
Overall people have lost 20lk crores by creating demat accounts. Take example of ZEE, promoters holding 4% share are playing with 96% shareholders and nothing is done till date
she s not talking about big companies
@@Tony_Montana659stock market means everything not anything specific
Yes. Technology has enabled to transfer the savings from retailers to multinational hedge funds like Millenium funds/Jane streets. Thanks for this dynamic change.
Impressed by Revux's commitment to user control and privacy! The decentralized KYC and personal data vault set a new standard for security.
I am a salaried class , salary is credited after tax.but govt again take tax when I earn capital gain but when I loose they don't know anything
People are taking risks in share market because in the upcoming years the inflation of price of two time food might be costly that salaried people won't be able to afford. 😢😢😢😢That might be due to Dynamic dissimilarity of financial conditions among population😢. Please do something for middle class families and their basic rights. 🙏
उल्टा दिन प्रतिदिन शेयर बाजार अपनी क्रेडिबिलिटी खोते जा रहा है सिर्फ ओवर govt कंट्रोलिंग के कारण।
इसलिए मैंने तो f&o भी बंद कर रखा है। क्योंकि govt आखरी में ऑपरेटर के सर इल्ज़ाम डाल देगी बस बाकी खेल चलते रहेगा।
Time to reduce stock market tax rate
Women are also trading crypto
But you screwed them too by implementing 30% tax. Stocks and crypto have no difference anymore ..stocks getting more rug pulled and volatile than crypto now
Crypto has to be taxed else rupee will depreciate further. This is the only thing i liked in this govt finance policies.
@@vsharmishtha16 India's gold reserve is stronger today.
Taxes have been collected by various sources but collecting from savings that's not fair that's extortion. Many traders use their savings to trade in stocks or crypto or any money market.
@@Ankush-yl7cb many people who just cant afford to trade and invest in fd and keep savings acc even the interest on those is taxed fir middle class and lower its very difficult in todays times..better tax traders only.
Please make LTCG @5% & STCG @10%. This will encourage more people into Stock Market.
Indirectly asking middle class to invest in stock market..no government can direct thr citizens of what to be done..1st reduce inflation in country maam..we dont want your directions..
And that's why you increased the taxes in stock market? Wicked lady.
The pandemic has shown resilience of stock market. It can never be zero and always bounce back higher. Hope is Josh in Bharat
Ek baar Japanese stock market index dekh..Nikkei all time chart
U realise the reality.
@@Oxygenated7LIC is best for u 😅
@@Oxygenated7Japan was already a highly developed economy after the second world war. India is still an emerging economy.
@@Oxygenated7 Iam still happy with my little worth.
@Oxygenated7 No, the Dividend in Nikkei from 1980 is 3-4% average, so Total Index Return has given more returns than Fixed Deposit in Japan
All money one day goes to 4 big companies
The government is playing with the stock market for the urban rich, and that is what they are giving. What about the middle class and the rural? who do not even have the opportunity for livelihood, leave alone saving.
No better avenue.Compulsion.
Madam please no taxation on stocks via DTC..will vote for you
This will put more tax on salaried middle class..jo log rich hain stick market mein udane k liye paisa hai unko tax lagna hi chahiye.
No other avenue for middle class they can’t buy real estate no income from fixed deposit apart from that interest is also taxable horrible
My top pics for this bull run: Trias, Verasity and Revux
Top tier presale just begun. I think Revux is one of the most promissing projects year to date.
This is a very positive step to assuage the Small investors safety & security sentiments while investing their hard earned income, in the Indian stock markets !!! ... Ultimately, overall FII & FPI, huge leverages should be negated eventually by Small retail investors funds, in the Indian stock markets, Going Forward...✊
Yes we don't have other option,even after paying lakhs of income tax.we get nothing,very difficult to survive as a middle class mam...
Failed system. Low returns. High risk. What is indian middle class going to do in the future?
Govt earning highest money 💵 by different taxes at trading in stock market
This finance minister is only here to fullfill BJP's need
Meaning : after LTCG, STCG, STT, stamp duty, sebi charges, turnover tax we will bring in more taxes, shoo away the retail trader to underperforming savings
FM having recognised the Power of Retail Investors Savings that not only countered the FII Outflows but out numbered it in big way, should repay that trust by not tinkering with either Taxation on Capital Gains & holding period classification as LTCG or STCG.
Imagine FD and Post office money who can utilise.. obviously the government..
What about MF it's a private company..
How come the government can beat inflation when the particular person of India makes money ..
Gvt gonna get only the tax..
No way for gvt development..
Why does nobody know this .
If reduce price of Gas & Oil , then it will be helpful to poor n middle class of Indians 👈, from land of rising sun, near by Tibet 🌺
She made it possible by reducing income and adding tax in all other tax options.. congrats Minister… 🎉🎉🎉
Honorable finance minister Mrs Seeta Raman please remove long term capital gains and also reduce income tax and then automatically turning huge amounts from lands and gold to capital markets and other markets
Respected Mam people have no choice coz 😂Question kuch jawab kuch 😂
😂😂😂😂
Biggest joke
Tax aisa loot re hai jaise sab pani hai
Loss karo twx do profit karo tax do..
Karo ya na karo twx do😊
demat acc for increasing its mainly bcz of unemployment and less income of other people..u shud also look how many demat acc have investment less than 10k...now people r thinking mei account khulwake paise kama lu, mei swing trading karke 1000 kama lu....ytube and trading has become the backbone for many to run their families.
Families believe in market??? Families lose.everything stock market. If your government cared for families u will not lower fd rates and increase dicgc limit to 3 times the current value. Due to Gst already there is extra inflation..inflation rate used to be 6% now its 7%..rupee used to be around 60 for 1 dollar now its abobw 80rs. Only gujjus and south indians who are settled in foreign are benefitting. Banning exports from Maharastra and allowing from gujrat and south india to create more inflation for families in Maharastra.
There´s a rumor that Revux will go on Kucoin and few top exchanges after the launch!
Govt nifty ke 14 sectors me se big compsbies ke sath milkar result se pahale market ko fall karenge taki market highly volitile nahi ho market over bought nahi ho they will make market stable
Mam increase cap on income tax... Inflation going gdp going but no tax reduction
Good improvement...
Nirmala tai.
Either remove LTCG and STCG taxes or remove income tax on income from stock market.
Till my family believe PF is great investment their life 😅 If Say About stock - they think what are you gambling fraud you doing crime 😅.
she is very good finance minister, noob in economy are always blame her. digital India getting succcess.
I'm always on the lookout for promising projects, and Revux seems to be ticking all the right boxes. Time to explore!
Retailers are only loosing money in stock market and govt wants to implement direct taxes in equity investment apso, Which is highly risky .
Please reduce tax for income ins stock market
What is middle class definition according to government of india?
Bonuses in the Revux presale got me intrigued. Let's see what this project is all about!
New opportunities for Govt to tax investors!! Create awareness to new investors, some think its quick way to make money, people have lost lots through F&O trading. This is dangerous, cannot gamble.
U should reduce the tax to 10 percent for the middle class who r honest in paying taxes and hike the tax for the rich and corrupt politicians then the middle class will become rich they deserve it
Middle class becareful in stock your winning is only one percent. You will be targeted and your loss is 99 percent. Only market makers and government making huge profit. Rest al loss
Kindly cut taxes on Income. Unbearable
Short term tax 3 to 5 % is GOOD MADAM
Nice speached by finance minister
Because other investments are costly.In your governance your bhinami companies only get benefits