Budget 2024: ๐ดโผ๏ธ
In a significant blow to Futures and Options (F&O) traders, Finance Minister Nirmala Sitharaman declared raising the STT rate from 0.01 percent to 0.02 percent.
So, after implementing this budget proposal equity and index traders
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0 replies5 likes
Aryan Raj
Stealthย โขย 8m
What do you think how public will react if government introduces 0.1 to 0.5% charge/ commission on UPI transaction ?
People are so much centered around patterns that they barely get time to break it. Only the top 0.1% does it, elegantly.
1 replies6 likes
Aarihant Aaryan
Stealthย โขย 2m
It's fascinating how in India 0.1% of 1.4B people create a disproportionate impact to take the country forward
While the rest are busy fighting for religion, caste, work life balance and "hating" the wealthy.
6 replies13 likes
Aarihant Aaryan
Stealthย โขย 2m
It's fascinating how in India 0.1% of 1.4B people create a disproportionate impact to take the country forward
While the rest are busy fighting for religion, caste, work life balance and "hating" the wealthy.
๐ Who Really Owns Zerodha? The Inside Story! ๐
Zerodha, India's biggest stock brokerage, is 100% owned by its founders & close associates. No VC money, no outside investorsโjust pure bootstrapped success! ๐ช
Here's the breakdown of ownership:
๐น
Indian companies are reporting good earnings this time, but for the market to see a significant rally, Foreign Institutional Investors (FIIs) need to invest in India. Domestic Institutional Investors (DIIs) or retailers alone cannot achieve this. Ano
Direct Tax collections for FY 2024-25 as of 17 September, 2024
Net Collections, YOY comparison
Corporate Tax : โน4.53 lakh crore, up 10.5%
Personal Income Tax : โน5.15 lakh crore, up 18.8%
STT : โน26,154 crore, up 96%
Other Taxes : โน1,812 crore, up
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1 replies5 likes
Abhirup Seven
Stealthย โขย 2m
Interestingly, during their IPO, major tech companies typically captured only 0.1% to 2% of their addressable market. So, if you're raising funds, avoid bluntly claiming that you can easily capture 30-40%.