Morgan Stanley's Ridham Desai On Budget 2024 Why Capital Gains Tax Is 'Not A Big Deal'

[@truemonk1]

Mr Desai will be prudent on his thoughts. Morgan Stanley would be the beneficiary of crores of projects and investments from the govt

[@leonash1808]

Very true. Godis spreading wings. All views are one sided and biased.

[@User-mncbjlfjrebxkl]

Finally someone who can read between the lines rather than going - Taxes like UK, services like Somalia.

[@nistalasuresh5837]

Interesting perspective about private capex cycle

[@neensatya4]

Removal of indexation benefit is very harsh decision by government,will prove harsh for bjp in votes.... should consider roll back this decision.

[@Jac76906]

They still have 4 more budgets 😂 They are playing us like a fiddle

[@mindguru22]

Why don’t you tell US IRS to give indexation benefit to real estate. It’s so regressive that only RE estate tax evaders get this benefit. Believe I have made multi bagger returns in property market. But have seen such a curse of black money… everyone demands cash and all kind of dirty deals are common. No need to benefit such a useless sector at the cost of other asset class. Why doesn’t commodity or REITs get this benefit.

[@User-mncbjlfjrebxkl]

@@mindguru22 he don't know IRS lol. He knows only what Raghav Chadhdha said

[@SharePaah]

This was an Eye Opener.

[@brijesh7]

What inflation is low? Are school fees increasing slowly? Food prices? Insurance premiums?

[@User-mncbjlfjrebxkl]

lol inflation is low. its at 4 something with the kind of growth rate we have .

[@shaazjed1979]

Why LTCG is not a big deal....A 2.5% increase is big enough to make a dent and removal of indexation....they have nothing else but to tow the line

[@roxymax8917]

It used to be 20% before in real estate with indexation. Do your math, you're liable to pay lesser tax without indexation @12.5%

[@vikaspapnai1550]

​@@roxymax8917 u will pay more tax without indexation at 12.5% even after decreasing of tax to 12.5% without indexation from 20% with indexation...

[@PardeepSingh-lo8en]

@@roxymax8917Lol tell me you are stupid without telling me you are stupid

[@saibabag.3823]

Wonderful perspective ridhamji.thank you

[@HE_IS_HERE_TO_REDEEM_ALL]

Excellent Analysis. Thank a lot brothers n sister

[@venstomon931]

Interesting take by Riddham

[@debabratabasu3764]

Budget 2024 in a nutshell Taxes like America Services like Somalia. This Govt should now figure out why they are losing in terms of vote share . But One thing I can say : this Taxation will make India relatively less attractive.

[@x_man007]

Private sector did not created jobs their profit is 4X after corporate tax reduction.

[@sandeepchauhan5122]

Bull market will never go…i can bet anything for Indian bull market

[@milanmaheshwari]

Ltcg will be increased slowly. Next budget it will go up again. Now it will be staggered way. One year 17.5% two years 15% Three years and above 12.5%

[@udayshome1793]

makes no sense, even as speculation.

[@dropletwealth]

Ridham is a perma bull. He speaks of growth and only growth with right amount of data. Such a power house he is! Hope he is right and we will continue to see good growth and wealth creation for the next decade or two.

[@njain1983]

How these Fund Managers lie so blatantly! Bull market is NOT just India specific phenomenon. Barring China, most of the country's have their Stock markets are near ATH. Public who listen to such "experts" and don't listen to what's happening around the world remain misguided and loose money. We need honest experts

[@roxymax8917]

That's the only thing you got after he has just explained all the major point of utilization of Capex for better growth with minimal inflation rate, wow

[@varunkhugshal9049]

​@@roxymax8917😂😂 , internet has given double digit compounded growth for egoistic self obsession of people, all are experts now.

[@binitkumarpanda6957]

why don't you short the market and make money then? if you are so intelligent than him.

[@mem1001953]

@@njain1983 these are shameless rich individuals, sir.

[@jainapurvab]

@@mem1001953better stay away from market if u cant understand

[@nishantb80]

There's nothing bullish avout the budget. Government has just played it safe !! Food, medical, and education inflation is at its peak. The biggest culprit is high fuel prices !! Unless cost of fuel is reduced, nothing will change. Moreover, there's high unemployment. Where are the jobs ? Unless you want to be a delivery guy in Zomato, etc. or become ola uber driver !! This was not really a budget but a popat !!

[@keeya_ks]

The jobs are there you lot just want government jobs and don’t bother getting skills in any other field i live in the Uk graduated with distinction and I had to apply over 50 times worked as intern, gained skills worked hard to get the job you lot are entitled go move abroad where you entitlement doesn’t work you are treated the same as everyone else and no one cares what degree you have skills are more important

[@ashokkumarbhattacharya-no1lu]

Rodham and many are the actual OPERATORS manipulating to keep indian market high, by blowing the bubble. GOOD !😊

[@paulvarghese4118]

The best thing about UPA Govt was that the industry veterans had the courage to speak their mind. Unfortunate that only those who please the Govt can survive in any business now & the so called veterans are so glad to praise the Govt. Do they have any accountability to the public on whose contributions they make a living?

[@technodestination4763]

I am surprised that tax increase can make people nostalgic of UPA regime Really dude 12-13% inflation Over 10% interest rates and Gross NPA at 11.25%

[@Rahul-gm5dw]

Nirmala ji's spokesperson. Keeps on insulting very calmly each every question/ criticism

[@munirathnam96]

How much did you take from Govt to fool investors

[@sukritaggarwal7136]

Everyone is not like you

[@jainapurvab]

Did u even understand what he said?

[@User-mncbjlfjrebxkl]

socialist crying ... it is evident you didn't understand a word he said.

[@jacobjose1516]

Good budget for people like Ritam. Not so for common man, especially the middle class

[@saintchristopher8228]

❤Every Analyst is telling daily that Market Valuation are very expensive... Waiting for the Correction ❤That's why Indian Market is moving higher and higher ❤

[@AhmedRaza-fn8nz]

Morgan Stanley has him surprising 🙄

[@paragawaken]

He is next prospect for rajya sabha hence he is saying good thing abt govt.he will soon become spokesperson of bjp

[@sbsangeet]

Absolutely True

[@mem1001953]

Selfish R-ouges interview. You had no other jokers?

[@AIgen-ct3hz]

BJP will fall in next elections

[@meetumalik6746]

The blame would b poor verdict by indians in 2024 election. The govt has no other option

[@leonash1808]

This channel asks stupid questions and getting irrelevant answers. What is the reason the MSME not investing in capex this far? If govt is business friendly then why the hesitation? What makes Mr Desai assume that private capex will come in just because govt assumes so. THIS GOVT POLICY IS MESSED UP. Desai is nothing but godi Media

[@Aarchamp]

Everything is fine for these guys when Modi do it 😂

[@PadhaiFirst]

The only solution I found is we the salaried employees comes together and build our own representation. I know we are not politicians but remember we need to have a political face. Our number is low, 2-3 crore only but remember we are quality and not

[@prabhugopal5504]

Is desai ji a paid piper of BJP govt..I cant beleive him tp be one...ICOR in relative terms looks good in actual terms ICOR is not in a promising capital efficiency mode...Anyway time will answer all these things

[@x_man007]

Most fund managers r biased😀

[@SarvajitChakravarti]

Land and labour availability issues need resolution to promote private sector capex. Start ups don/t know how to create project proposals and where they can site bricks and mortar production facilities. Company registration needs streamlining The goods offtake, marketing and distribution platforms need to penetrate into rural areas to bring more people into entrepreneurship

[@mem1001953]

This baldy has a bad outlook. Has life membership with bjp.

[@sbsangeet]

Absolutely True

[@User-mncbjlfjrebxkl]

or maybe the BJP makes budget for the long term rather than short term appeasement like congress

[@mem1001953]

@@User-mncbjlfjrebxkl hi Bhakt.

[@User-mncbjlfjrebxkl]

@@mem1001953 hi Tattee bhakt!

[@AhmedRaza-fn8nz]

Nonsense u can stimulate economy by increasing consumer spending by giving tax breaks🙄🙄🙄🙄

[@guharup]

Is ridham a human or a stock market bot? Same smile and same pumping the market in every interview

[@paragawaken]

I don't agree with him.the market reverses due to liquidity noting else

[@ajaygoel6662]

Mr Desai aap sab Sarkar k dalle ho unka acha Bura sab cheez ko achaa bolte ho chahe wo barwadi ka karan bane

[@abhiksen5886]

From where do they get these silly interviewers ?

[@mundeyte]

he is a us citizen working for a us mnc bhai ye we we kya laga rakha hey you have nothing to do with india and you know nothing about ground reality

[@kujanair3122]

Mediocre traders livelihood. 20% initial year is harmful, they are not ambanis. Brokerage also to be accounted. Means bank interest, brokerage ,20%, tax, highly injustice Modiji

[@roxymax8917]

For paying entire 20% tax, you have to earn big fat profit in stock market. It's not for you, baba. You will get rebate of 25000 or tax free upto 7 lac net income under 87a

[@User-mncbjlfjrebxkl]

you speak like you are some millionaire trader...

[@sbsangeet]

Dallal of Government

[@danielwarrier]

Lol

[@FXT130]

India will have bear market for next two years like we have in 2018 and 2019 after re introducing capital gain tax in 2018.