Hey I am on Medialย โขย 1y
Generally in funded startups. Investors give the approval on how much salary executives can draw. This happens because after raising funds founders no longer hold >= 51% of the company otherwise they can decide whichever salary to draw without the approval of board of investors. Another reason of taking less salary in cash is because they don't want to give tax rather grow the company, increase value of their shares and later figure out tax saving loopholes/techniques once their shares become liquid (IPO/Acquisition). In short more cash you earn the more you will pay taxes to government!
Hey I am on Medialย โขย 1y
In an attempt to encourage more investments in the Indian startup ecosystem, Union Finance Minister Nirmala Sitharaman announced that the angel tax will be abolished for all classes of investors. The angel tax, introduced in 2012 to prevent money la
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#9TDAYVC- DAY10 ๐ฏWhat is meant by Blind Pool? ๐ฏWhat is Draw Down? ๐ฏCapital Commitments: Capital Commitments under less than 1 Crore is not acceptable under AIF.Employees or Directors of the AIF should Invest a minimum of 25 lakhs. 20 Crores
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Self Improvementย โขย 7m
Most startups raise funding from investors in exchange for company shares, and then use that money to pay salaries to their employees, market the product and all. But what if we skipped the middle step? Instead of raising money and giving away share
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Cash flow management and control is one of the biggest pain points of startup founders, stakeholders and CFOs. Would you like try out an AI Copilot that enables you manage and control your cash flows and manage your finance team through approval work
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Upworkย โขย 1m
๐ Why Tax Planning is Crucial: A Real-Life Client Insight Tax planning is not just about saving taxesโitโs about avoiding penalties, improving cash flow, and gaining financial clarity. Hereโs a recent case we handled that shows why timely tax planni
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Exploring Share Buybacks: What are they and why do companies do them? A share buyback (also known as a share repurchase) is when a company buys back its own outstanding stock shares from the open market. This action reduces the total number of share
See MoreFounder-Hexpertify.c...ย โขย 1y
Elon Musk wins Tesla shareholder approval for $56 billion pay package. The approval underscores the support that Musk enjoys from Tesla's retail investor base. The proposal passed despite opposition from some large institutional investors and proxy
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Deadpoolโs Tax TipsโLetโs Make It Simple! ๐ธ Salary below โน12.75L? Go with the new tax regimeโless pain, less paperwork. Easy peasy. ๐ฅณ ๐ฐ Salary above โน12L? If your exemptions (HRA, 80C, 80D, home loan, etc.) are more than โน5L, old tax regime coul
See MoreEntrepreneurย โขย 6m
Friends, have you ever thought that paying tax is our responsibility, but why does it seem like a deep trap? India's tax system is so complicated that the common man gets confused! On one hand, the changing rules of GST, on the other hand, the high r
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