Who are responsible for the ups and downs in Indian stock markets ? Is the government supposed to be a mute spectator ? Daily thousands of crores are spent , lost , gained in these markets , where this money is coming from and where this money is going ? Is this income to be made taxable?
2007-02-26 17:05:32 · 4 answers · asked by ssen1232006 2 in Business & Finance ➔ Investing
The investors are responsible for the ups and downs of any market (supply and demand). No, it shouldn't be and I don't believe they are (at least not in the US). The government might be a factor of the performance of the market but should not interfere. The money is from big corporations/ investors, it can be domestic or foreign. Money is back to investments, which follows an economical cycle. NO, any capital gain from stocks should not be taxed.
2007-02-27 14:45:13 · answer #1 · answered by c00kies 5 · 0⤊ 0⤋
1) Nobody.
2) You and Me. (When we buy or sell stocks)
3) Yes.
4) The money is coming from the United States of America, Japan, Germany, China, United Kingdom, France, Italy, Canada, Spain, Brazil and South Korea.
5) The money is going to Mexico, Russia, Australia, Netherlands, Belgium and Switzerland.
6) Ask your accountant.
2007-02-27 09:24:56 · answer #2 · answered by Anonymous · 2⤊ 1⤋
indian goverment are responsibale for the up and down and
big inveter they invest many money because of them market up
and down profit and loss it;s kind of buisness nowadau have a
alot of problems pepole want this no invest in stock market because indian country have a big problems 70% people are poor man and alot of problems now in india
2007-02-26 18:43:55 · answer #3 · answered by naveed 1 · 0⤊ 0⤋
This is the rotation money. No,it should not made the the income taxable.
2007-02-26 17:13:30 · answer #4 · answered by Shreedhar Raj 1 · 0⤊ 0⤋