Indian government is literally doing: Your profit our profit, Your loss your loss
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Lok Sabha is analogous to Congress in the USA Indian gov is passing a new bill that will make people pay: i) 30 % tax on each profit Indian financial cycle is completes on 31st March. People are planning to sell on 31st and buy back on 1st to make their losses count in the previous FY and the current holdings can be shown as purchase. [link][comments] |
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