India is one of the countries with the highest population. But the sad part is that less than 5% of population thinks of investment and portion of it comes to the stock market. The reason for this has been lack of awareness about our stock markets. Even today there are people who consider stock market investment as gambling.
This situation needs to change. For any country to be a developed country it first needs to have a developed stock market. Though investing in stocks carries high risk it also comes with a lot of advantages when compared to the other asset classes. The most important factor which a lot of people are not aware of is the taxation angle. India is one of the few countries in the world where profits that you make by investing for a period of more than 1 year is tax free (long term capital gains tax is zero in India). This is applicable for both your direct equity investments as well as your mutual fund investments.
The situation can change if we manage to bring in awareness about the stock market amongst the citizens of our country. Awareness can happen only when we share the right knowledge about investing with as many people as possible. We have decided to educate all those who come in contact with us. You can help us by providing references of your friends, relatives and colleagues whom you feel need to be educated on stock market investment.
As more and more participants enter the stock markets we would have the depth in the markets improving further helping the stock markets be a better place for you to invest.
Please provide the details of your references below :