Unfiltered thoughts (5/5)
There are 3 types of India:
India-1
~Population of 110 Mn
~Per capita income of $10k
~Buys from Flipkart, watch Netflix, drink Starbucks coffee
~Contributes to 40% of India GDP
~Fluent with English
~35Mn credit card users
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Blacky Typhoon
B tech studentย โขย 11m
Harsh but true . Only 2%of Indian adults pay taxes
what poor and middle class do is:-
1. earn
2. pay taxes
3. spend
What risch do:-
1. earn
2. spend
3. pay taxes
0 replies5 likes
Havish Gupta
Figuring Outย โขย 1y
Many of you have know that only less than 5% population in india, pays taxes. But there is reason for it. According to this economic times report, only 1.8 crore people earn more than 5 lakhs annually (~2%). And if you earn less than 5 lakhs, you leg
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7 replies18 likes
MK
Hey I am on Medialย โขย 2m
The founder and CEO of Bombay Shaving Company, Shantanu Deshpande, boldly stated that 2,000 Indian families own 18% of the nationโs wealth while paying only 1.8% of taxes.
3 replies1 like
Soumyadip Dey
Hesitation is Defeat...ย โขย 2m
Three certainties in life:
1. Death
2. Taxes
3. All businesses will eventually rebrand... even if the only change is a slightly different shade of blue.
0 replies3 likes
Vinay
ย โขย
Metaย โขย 3m
Niket Raj Dwivedi and Harsh Dwivedi Medial will not have to involve Indian angel investors and investors to grow its app, this showcase will be nothing but
*True Feedback BRO
7 replies4 likes
Uttkarsh Singh
Learningย โขย 1y
Our users are happy to pay โน10 everyday for a month than pay โน300 upfront ~ Harsh Jain co-founder of Dream11
5 replies17 likes
Ashutosh Mishra
Chartered Accountantย โขย 11m
GST Thread 2
What GST brings along with it -
1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation
Example - If I purchase plastic fr
This is the harsh reality.
They might be born in India or Indian origin but they have given up Indian Citizenship long back and have adopted American Citizenship.
Most of them are General Category.
Brace yourself !
๐ข WTF is EBITDA โ๐ค
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization ( Amortization in simple words is like repayment of installment/loans). Itโs like looking at how much money a company makes from its core busine
What about an EHR system that targets tier 2 and 3 city clinics? pros. Only 25 % of Indian hospitals use EHR, cons. A lot of competition like Docon Practo etc. Any thoughts ..???