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We are slowly moving towards a system of 30% taxation on capital gains. [1] A lot of retail folks used to enjoy the indexation benefits on Debt mutual Funds. This was taken away in 2023. Rational? Well, Equities have no indexation-- why should

There exists a market whose value is estimated to range between 20% to 30% of India's GDP. Yes, I am talking about the Black market (it refers to illegal trade and transactions that occur mainly to Avoid taxes or to trade illegal goods.) But do you

After a long time. Back to Reality: The Budget's Hidden Cost "Hidden Costs of the New Tax Regime" Everyone's talking about the lower tax slabs in the new income tax regime. But has anyone considered the long-term implications? By drastically redu

💡 Did you know that only 5–6% of Indians actually pay income tax? Of the 7.4 crore returns filed in 2022–23, nearly 70% had zero tax liability. That leaves a thin slice of the population, mostly salaried middle class professionals who are bearing t

Plain popcorn: 5% GST. Salted popcorn: 12% GST. Caramel popcorn: 18% GST. This is the state of taxation in India! As a tech business owner, how can we thrive in an environment with such irrational policies? India is already ranked 1st worldwid

ONE INTERESTING OBSERVATION SERIES DAY #10 Heirs vs Self-Made Billionaires For the first time ever, more wealth is being passed down through inheritance than created by new entrepreneurs!!! 🤯 The study is for the data from 2015 to 2023. In that

💸25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modi’s government in its third term, a

"The psychology of money" 🌟 (Book summary) Day 01 1. Wealth vs. Richness •Definition: Housel distinguishes wealth as the assets you have that generate income, while richness refers to a high income or spending power. •Living Below Your Means: True

𝗣𝗮𝗿𝗮𝗰𝗵𝘂𝘁𝗲 𝗶𝘀 𝗹𝗮𝗯𝗲𝗹𝗹𝗲𝗱 𝗮𝘀 𝗲𝗱𝗶𝗯𝗹𝗲 𝗼𝗶𝗹 𝗻𝗼𝘁 𝗵𝗮𝗶𝗿 𝗼𝗶𝗹, 𝘄𝗵𝘆 ? Edible oils in India are taxed at 5%, while hair oils and personal care products attract 18% GST. Labeling as edible oil reduces the tax burden by 1