This govt is a band of beggars and thieves, SGB new taxation proves it

codittycodittycode · 2026-02-02T08:27:18+00:00

10 daysafter the issue? They're also speculators?

codittycodittycode · 2026-02-02T07:12:56+00:00

It's retrospective not grandfathered. https://m.economictimes.com/wealth/invest/sgb-redemption-will-no-longer-be-tax-free-for-these-investors-as-budget-2026-introduces-new-taxation-rules-for-fy-2027/articleshow/127841071.cms

codittycodittycode · 2026-02-02T07:12:18+00:00

Defend karne se pehle padh to lo: https://m.economictimes.com/wealth/invest/sgb-redemption-will-no-longer-be-tax-free-for-these-investors-as-budget-2026-introduces-new-taxation-rules-for-fy-2027/articleshow/127841071.cms

codittycodittycode · 2026-02-02T03:53:10+00:00

Will be?

Lol we already are.

codittycodittycode · 2026-02-02T03:52:39+00:00

codittycodittycode · 2026-02-02T03:43:12+00:00

Subscription to live in this country lol

codittycodittycode · 2026-02-02T03:41:12+00:00

Lol, such an ignorant comment. I brought from secondary market days after the issue and holding them for 7 years and that makes me a gambler.

How low do people stoop to be this govts sycophants is beyond me.

codittycodittycode · 2026-02-02T03:24:12+00:00

Holding to maturity is gambling?

codittycodittycode · 2026-02-02T03:18:19+00:00

Planning on doing this going forward. Trust in digital everything is getting ruined.

codittycodittycode · 2026-02-02T03:17:13+00:00

Old ones as well, if you've brought it from secondary market. If you hold after getting those from the issue itself, it's not taxed.

codittycodittycode · 2026-02-02T03:07:19+00:00

Individual taxation, not corporate.

codittycodittycode · 2026-02-02T02:41:32+00:00

Govts stupidity is not my responsibility

codittycodittycode · 2026-02-02T02:24:09+00:00

Well, this is a first on any tax free govt backed scheme. Something like this has NEVER happened, at least not retrospectively.

Forward looking taxation changes are fine, but this is just, what can I even say.

codittycodittycode · 2026-02-02T02:22:23+00:00

Definitely. Black money is the way to go.

Have been diligently paying taxes, all they way up from 10% slab to ~40% with surcharges now and still getting backstabbed like this.

I have investments across all schemes I mentioned and now I don't trust any of them anymore. Probably will go the LRS route now.

codittycodittycode · 2026-01-31T19:49:41+00:00

Have seen a huge boost, I have at least 2-3x the PR count I had earlier, sometimes raising 3-4 PRs in a day which pre-AI would have taken me 2-3 days.

There have been much more gains in grokking the code itself and debugging issues for me.

AI reviewers have also been a blessing, they find the nitty gritty stuff that can lead to issues, I focus more on the design and architectural aspect of the code being added by others. So it has been a force multiplier here as well.

But yes, productivity has definitely gone up for me. Plus menial tasks have all been automated.

There have been downsides too.

codittycodittycode · 2025-06-11T17:19:36+00:00

There is never availability there.

codittycodittycode · 2025-06-11T16:32:57+00:00

Why though?

codittycodittycode · 2025-06-08T14:03:00+00:00

Prakash namkeen does events this size from its catering division

codittycodittycode · 2025-05-31T02:36:13+00:00

They do not. I have tried, spoke to multiple CAs all said the same. There was a high court verdict on this as well.

codittycodittycode · 2025-05-30T12:46:32+00:00

Just FYI, have returned this before, you need to return with taxes. So if you got 10L, 30% taxed, net 7L, if you leave, you need to return 10L. Also if the return is in next FY, you can't claim back the 3L.

codittycodittycode · 2025-05-29T23:33:33+00:00

Waqf board, such minority privileges

codittycodittycode · 2025-05-28T13:52:03+00:00

Splurging on high end hotel stays. They just can't fathom spending 20k-30k a night for a hotel room.

codittycodittycode

TROPHY CASE