February 05, 2018
Criminalisation Of Investors ' Hard Earned Savings
Imposition of LTCG on shares would mean more Book Keeping and avoidable expenditure on the services of C A s and Income Tax advisors and Inspector Raj expenditure.
In case of any omission , even if inadvertent by the Investor ,it would mean , in the eyes of the Govt,criminalisation of the Investors '' hard earned savings and investment.
STT was started in lieu of LTCG and not to complement .