extraordinary is jus... • 16h
The rich avoid taxes with a strategy called “Buy, Borrow, Die”, by using assets as collateral to borrow money, and write off interest as a tax deduction Step 1: Buy assets (hold to avoid taxes from selling) Step 2: Borrow money at low interest rates (use assets as collateral)
Partner at D P S A &... • 1y
AVOID this mistake WHILE taking deduction of interest (saving +fixed deposit)in your ITR🔴🔴🔴🔴🔴 Since ITR Season is around, highlighting common confusion ➡️For Individual & HUF - We can take a max deduction of 10,000 on interest from a savings a
See MoreFcuk imposter syndro... • 9m
-70 out of 100 iPhones are bought on EMI. -80 out of 100 cars are bought on EMI. -60 out of 100 homes are bought on EMI. People are taking loans for almost everything these days. But here’s the difference: Rich people borrow to build assets, whi
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The Institute of Chartered Accountants of India • 7m
How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha
See MoreHey I am on Medial • 8m
We will borrow money from our relatives, around 50,000. Since they are our relatives, they will lend us the money without any interest. Then, we will lend this money further to someone else at interest. The interest we earn will be our profit, and we
See MoreExperimenting On lea... • 1y
📢 WTF is EBITDA ❓🤔 EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization ( Amortization in simple words is like repayment of installment/loans). It’s like looking at how much money a company makes from its core busine
See MoreFcuk imposter syndro... • 1m
10 reasons why people buy anything: 1) Save time 2) Avoid pain 3) Make money 4) Save money 5) Feel loved 6) Gain praise 7) Get comfort 8) Improve health 9) Avoid effort 10) Increase status Products that do any of these get sales. Products that don
See MoreLearning | Earning • 1y
If you're trying to build an Agency some day, these are the terms that you should keep in mind: 💵OPERATION 1. Revenue 2. CashFlow 3. Net Operating income. 4. Return On Investment 5. Break Even Point 6. Gross Profit 7. Net Profit 📈MARKETING 1. B
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