4 % investor high euphoria in news . Govt should give incentives for broad basing investor participation.?

It appears from reports that companies are buying back their shares to reduce the share holders. It is necessary to broad base the share holders鈥?base for wider participation . Govt should amend the taxation laws. Viz: Public limited companies having less than 200 share holders per lakh of capital will attract a surcharge of 10 %. Or in the alternate a cess of X % will be levied when share holding is less than 1000 share holders per crore of issued capital.
This will be in line to distribute the wealth creatively .

that is a really BAD socialist idea.

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