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

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Published 2024-07-24
Morgan Stanley's Ridham Desai on Union Budget 2024 | Amidst the outcry over the change in capital gains tax, Morgan Stanley's Ridham Desai affirms that the change might just 'not be a big deal'. Desai opines that the bull market might be intact and macro stability will remain a key focus for it to maintain.


#budget2024 #stockmarket #morganstanley

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All Comments (21)
  • Mr Desai will be prudent on his thoughts. Morgan Stanley would be the beneficiary of crores of projects and investments from the govt
  • @brijesh7
    What inflation is low? Are school fees increasing slowly? Food prices? Insurance premiums?
  • Rodham and many are the actual OPERATORS manipulating to keep indian market high, by blowing the bubble. GOOD !😊
  • @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
  • @x_man007
    Private sector did not created jobs their profit is 4X after corporate tax reduction.
  • 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%
  • 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.
  • ❤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 ❤
  • @neensatya4
    Removal of indexation benefit is very harsh decision by government,will prove harsh for bjp in votes.... should consider roll back this decision.
  • 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.
  • @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
  • 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
  • Nonsense u can stimulate economy by increasing consumer spending by giving tax breaks🙄🙄🙄🙄