Actually if they boost the economy and tax 15,000 from 100,000 we earn , then it should not be a big issue because now we are at loss.
The problem here is the SIGNAL given at bad time.
As I always said , from the start of this government they emitted wrong signals to the investors, farmers, and to many others including the main community unbelievably very foolish manner.
So called 'one-time' super tax was the first killer signal.
They charged the best performers for their already taxed performances shattering development and dividend plans. How many investors and companies took it as Red and lost trust on the new rulers?
We can give a list of such red signals sent unnecessarily by various ministries specially in Finance sector including very foolish 'daylight white collar robbery' branded 12.5% bond saga.
These days they talk nothing but Taxes. Anybody can see their mentality and level of know-how about tax system and it creates red signal and havoc in others minds.
This CGT talk also will create harm to the income of the government than good and create problems in many places including in computer systems.
How can they programme to tax without considering our capital loss incurred during the period by all the stocks in many PF with different brokers?