It seems that the FM is looking to change the definition of long term in the equity markets from one year to three years.
When one compares this to other countries, this is highly negative for the markets. This will create significant negativity into the fdi inflows into the country and also push away investors from the equity markets .
I feel this is more of a rumour than reality which will try and bring down the markets more.
There should be in my opinion further simplification and incentive for people to invest in the stock markets
I am hoping that i dont need to say "This is definitely not simplefinancialsense by the FM"
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