Finance Minister has all the resources to achieve the 'Trinity of Impossible': Nilesh Shah

Nilesh Shah, MD of Kotak AMC, asserts that the Budget should focus on equitable taxation. He highlights the disparity between salaried and non-salaried taxpayers, with the latter often paying less than their fair share. Shah calls for a simplified tax structure to ensure a fair distribution of the taxation burden across all sectors.
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[@raghuramakrishnabezawada6120]

Sir . we dont trust governments, our savings are safe with us . Gold is the only money with intrinsic value, inspite of central banks trying to kill it . Gold is only money that will discipline all goverments and protect savers from loosing purchasing power to currency printing ( read inflation ) . Gold is the only money that discourages real estate and stock market speculation

[@durgeshpatel8753]

These Keynesian Economists have lost their marbles. They will use all the fancy jargons to confuse the people. The underlying truth is that the central banks and government all over the world are hell bent on controlling people. They transfer the risk to the people and enjoy the rewards for themselves. India is well on path to become a high volume and turnover economy. However, the ground reality is that we will remain a low income country with substandard lifestyle. The combination of direct taxes and indirect taxes in India will make sure that the middle class gets wiped off. Either the middles class with become or rich or they will become poor.

[@akrishnan1382]

I do not think the Indian government has ever cheated anyone. All the government owned banks have always protected and returned the depositors. I think we should use gold remaining idle in our safes should be used for the benefits of those holding it.

[@rbrfinance]

@@akrishnan1382 They are cheating you everyday by inflating the currency supply by 7-10% annually .

[@akrishnan1382]

Congress wants inheritance tax on the assets left behind by the parents and wanted to tax thr children on these assets. Whereas this proposal or opinion is from a renowned fund manager to make good use of your assets which lying idle. It's not compulsory and will be voluntary. Re your views on writing off bank loans these are standard banking procedures which require banks to initiate legal actions and reducer the dues including disposing of the assets given as collateral. Pappu is shouting as he has no intelligence except the dirty ideology of destroying our country. Some like you are siding with him in this process but majority of Indians are solidly behind the nationalists.

[@rajendrajasathy4356]

Do not caste your ill thoughts on people's gold. At least they have something that is protecting them from inflation. Put to proper use of money that is available with you .....

[@devarajannandagopal709]

Interview with Nilesh Bhai is a joy to hear.Decodes things that non financial understand.

[@Unfollowthem]

Spending money or Saved money will make Citizens and Country poor....

[@kolkatadaytoday5273]

If we bring tijori ka gold to economy. Politicians and government will loot it.

[@pessimistic_optimism]

discussion with nilesh is always insightful

[@sklux6147]

Welcome to Amrit Kaal budget. Are we guilty? There are many who wanted to chase the dream called Achche Din and they chose to bet on a so called winning horse. Dream was bound to crash because it was a Trojan Horse. Most who backed the horse do not want to regret. They have chosen to be in the denial mode. 400+ PM is busy chasing Yogi, once tagged as future PM, for the election debacle that was fought on the basis of Modi's Guarantee. Modi hardly allowed any body from his party to campaign for BJP except a novice & joker called Annamala who gave him Zero seats. In the new BJP govt no minister is speaking except Modi and Amit Shah. Intellectuals have chosen stateless, constituencyless, unelectable person Mrs Nirmala, to RS, under the behest of Modi from the IT capital of India. She has no credibility and no experience. She has been and will always be Her Master's Voice. Remember HMV dog? He was a credible face of the popular brand. A FM who proclaimed to reintroduce the Electoral Bonds can't be trusted to be sensitive to the miseries brought about by mindless obsession about GDP growth alone. Today UP has become №-2 state in India based on contribution to the GDP despite being one of the poorest states in India. Soon Bihar and AP might become № 1or 2 economically developed states in India on paper. Modi hai toh mumkin he. Is that a hoax? Yes it is. Economics has become a joke in the hands of Modi and Nirmala. Statistics is all about GDP, Sensex, FX reserve. Nirmala wonders about Sleeping Partner and not aware of HDI. These are the consequences of Modinomics. Imagine the sense of Economic Development of this govt. Media is busy hyping about forcing Dedollarisation by the economic superpower i.e. India. Who has benefited from the cheap Russian crude oil? BSE has crossed the 81K mark and frequently breaking ceiling. Happy days are here again. Champagne time. Celebrate. Gujarat model for India? Commemorate Emergency happened 50 years ago. Yet no words and efforts are spared for inflation, unemployment, MSP for Kisan. For sure India will be world No 3-2-1 very soon. Our interest + Our way = Shresht Bharat. Shri 400+ Modi, Nation First -18 hr/day PM, waited in Delhi fully dressed up for 3 days for a photoshoot with the victorious Team India. King of good times. Modi ka achcha din.... Kamla Pasand. Bolo Zubaan Kesri.

[@jugeshjagga4684]

The government should focus on rampant gst and income tax stolen by pan masala and gutka companies . Also mining . Amazingly all state government , central government , ED, CBI, DRI all are unable to find anything . It is a brazen loot of country resources with everyone’s hand in the till .

[@vineetunny6719]

Market would crash mid aug

[@imran4006]

Tijori Chor 😂😂

[@akrishnan1382]

Who your Pakistan army?

[@sasikumarn5786]

❤❤❤

[@askwhydude]

By reducing corporate tax Modi helped Ambani to spend 5K crores on his son's marriage instead of increasing employment

[@revolt1947]

but Korea doesn't have hindu brahminism ...

[@AnshuKumar-fi2jy]

Seema as if your momma graped by a bjp member 😂