Work and keep learni...ย โขย 1y
Cost Inflation Index The Cost Inflation Index (CII) helps adjust the purchase price of an asset to account for inflation, making it easier to calculate capital gains tax fairly in India. The government updates the CII every year. Example: If you bought a property for โน10 lakhs in 2005 (CII = 117) and sold it in 2023 (CII = 331), you adjust the purchase price using CII: โน10 lakhs * (331/117) = โน28.29 lakhs. This means, for tax purposes, your purchase price is considered โน28.29 lakhs, reducing your taxable gain to โน1.71 lakhs (sale price โน30 lakhs - adjusted price โน28.29 lakhs).
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Mutual Funds: A Closer Look at the Real Returns Many people say that mutual funds are a great investment, but have we truly calculated the real returns, considering all factors like inflation and taxes? Let me break it down with a simple example.
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Faad Networkย โขย 10m
For decades, our parents made a major mistake. They stood in lines outside banks and post offices to invest in the Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and the National Savings Scheme (NSS). PPF's 7.1% interest rate, KVP's 7.5%, and
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India's Economic Outlook Remains Robust Amid Global Challenges Tracking the Indian economy? The latest projections from the Confederation of Indian Industry (CII) offer a positive picture! India's GDP is projected to grow at 6.5% this fiscal year, de
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Entrepreneur | Build...ย โขย 4m
The reason I don't by luxury Cars ๐ฅ - Ever dreamt of driving a Porsche 911 on Indian roads? Well, let's break that dream down... The base price of a Porsche 911 Carrera in Canada? โน87 lakhs. Sounds steep, but somewhat manageable for the elite
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In God We Trust, The...ย โขย 7m
๐จ Breaking Tax News: The TCS Chronicles โ April 2025 Edition ๐จ Brace yourselves, tax enthusiasts! The Finance Ministry has rolled out a new TCS (Tax Collection at Source) rule that's turning heads and emptying wallets. Effective April 22, 2025, ce
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Keen Learner and Exp...ย โขย 9m
Tesla is finally in India!! Elon Musk's Tesla has finalised a deal to open its very first showroom in Mumbai. The showroom is located in the Bandra Kurla Complex and covers and area of 4000 square feet on grond floor. With the charges of rent being
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CHAIRMAN - BITEX IND...ย โขย 1y
๐ฏ Top 130 Most Consumed Financial Terms in business or startup World ๐ ( Part - 2 ) 131. Bootstrapping 132. Co-Founders 133. Angel Round 134. Crowdsourced Funding 135. Strategic Alliance 136. Business Incubator 137. Accelerator 138.
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CHAIRMAN - BITEX IND...ย โขย 1y
๐ฏ 200 Most Consumed Financial Terms In Business And Startup World ๐ Part ( 5 ) 801. Sustainable Competitive Advantage 802. Price Target 803. Consensus Estimate 804. Closed-End Fund 805. Open-End Fund 806. Private Placement 807. Book
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