Retail investors wil not come to the market till rights of small investors are made powerful.There should be proportionate no of directors from the public and 100% profits distribution be made a law.Moreover there should be a survey ,why people fear from share market
What about the NRIs in Gulf States earning only salaries and who are unable to obtain TRC because there dies not exist any income tax on salaries on Gulf states? The demand of TRC from the Gulf states salary earners has created too much headache for people who had kept their hard earned money in NRO FDs and banks are now insisting on a TRC, DTAA not withstanding. Finance Ministry and CBDT should make it more clear so that poor salary earners are not troubled.
FM do not need to introduce or speak anything which can effect the flow of the equity market. Indian market now fully depend on FII so this is very crucial point from the market point of view and he need to give more clarification or remove this particular part from the budget on the urgent basis.