Finance Ministry
Penny wise hike in 15% short term Gain Tax

Kind attention to whome it may concern

Mr Anil Ambani was trying his best to complete with his own brother but in the process HEN GOT KILLED WHO WAS LAYING GOLDEN EGGS. tOO MUCH OF GREED IS ALWAYS BAD. HOWEVER we appreciate his good efferts to become Energy giant.

Our Finance Minister has added fuel to the Fire by introducing hike in shart term Income Tax. He has forgotten that online trading was boosting liquidity in Market where he has put Break

Penny wise pound foolish policy must be immediaely withdrawn.

Old taxation of 10% was acceptable to NRIs and FIIs eevn when it is deducted at source.

He could get big collection by introducing another VDIS ignoring the critisks because critics simply wanted to express that they were victim of honesty because they paid on old Tax slabs. It is half truth. In those days every body was indulging in hide and seek policy and generating black money.. Let us remind them that Vinobha Bhave Pardoned Hardcord Docoits, Murderes, smugglers to bring them in Main streem of nation. Call New VDIS Sonia UPA Govt Pardom, Manmohan Sonia VDIS or any other name Mr P chitambaram may like.

Purpose is to bring back cheat prooters and many Fly by night operators hiding under the table with investors money. They are indulging in same activities of Benami property deals which needs one more correction like that 1997 Tax reforms.

I fervently hope that you will convey my message to authorties.

Thank you with best regards

Msaleem

Company: Finance Ministry
Country: India

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