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Mr Sumanth; I don’t think you have understood some basics. It’s not the Governments job to help you sell equity funds by giving tax breaks. And they have not taken away your tax breaks; they have only brought parity in tax regime by treating savers & spenders equally because both are important in economic contribution. But that doesn’t mean your regular ELSS clients won’t get tax rebate. You can emphasize the benefits of saving over spending. Just to show sympathy for your feelings I can’t start complaining against what I think is fair when I am asked my opinion. Anyway sympathy doesn’t result in progress; it’s keeps you rooted in the past.
Encouraging and factual insights of the budget. Ashish always provides for valuable thoughts. A pleasure listening to him. Thanks
Interviewing motilal is waste of time.. Its big lost for mutual funds industry he is not ready to accept that. Espcially for advisers they have regular clients for ELSS. Getting more AUM will difficult. I am an advisor for me big loss for this budget
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