What’s happening here why 28% GST on two wheelers and cements.Even drinking water has 18% 🤦♂️Now affording bikes and building homes will get expensive what Will middle class people do.Seriously I don’t know why is this happening
Havish Gupta
Figuring Out • 9m
I thought after the elections government would reduce taxes or atleast lower the repo rate.
But the government 🤦🏻
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years.
What is the repo rate?
It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
*RBI cuts Repo Rate by 25 bps to 6.25% – the first rate cut in 5 years!*
✅ Boost for economic growth
✅ Lower borrowing costs
✅ Positive for markets & businesses
0 replies2 likes
Sanket Jadyar
Keep it up and do yo... • 10m
The Reserve Bank of India (RBI) announced on Friday that it has kept the benchmark repo rate unchanged at 6.5% for the eighth consecutive time.
What exactly is repo rate? How does it affect you?
1 replies5 likes
Aman meshram
Finding business gap... • 8m
Latest trends
Corporate Bramhastra : Layoffs and Dry promotion
Government Bramhastra : Taxes and inflation
Comman People Bramhastra : lowering Replacement rate
The Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25%.
This is the first rate cut in five years, with the last one occurring in May 2020.
1 replies3 likes
Chetan Vairat
Entrepreneur • 10m
Business Wrap: RBI Holds Repo Rate at 6.5% | Stock Market Rebounds | Real Estate Growth Outlook And More!
Business Roundup: The RBI has maintained the repo rate at 6.5%, keeping home loan EMIs steady. The stock market bounced back after the June 4 d
See More
0 replies4 likes
Atharva Deshmukh
Daily Learnings... • 9m
About Rates in the market...
To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos:
1)Repo Rate:-The rate at which RBI lends money to oth
📉Loans to get cheaper?
🏦RBI cuts the repo rate for the first time in nearly 5 years to boost the economy.
Repo Rate cut by 25bps to 6.25%
📜What is repo rate?
--> It is the interest rate at which the central bank lends money to commercial ban
If Narendra Modi wins the elections, which sector stocks will see immediate rally right after announcement according to you?
6 replies1 like
Tarun Suthar
•
The Institute of Chartered Accountants of India • 2m
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
