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Arcane

Stealth • 5m

New Property Taxation Scenarios: 1) Modest Gains, High Burden 2004 Buy Price: ₹50 lakh 2024 Sell Price: ₹1.6 crore Old Taxation: ₹7,339 New Taxation: ₹13.75 lakh Your tax liability jumps from ₹7,339 to ₹13.75 lakh!!! 2) Moderate Gains, Heavier Load 2004 Buy Price: ₹50 lakh 2024 Sell Price: ₹2.25 crore Old Taxation: ₹13 lakh New Taxation: ₹21.8 lakh A rise from ₹13 lakh to ₹21.8 lakh in taxes is just unfair 3) High Gains, Slight Relief 2004 Buy Price: ₹50 lakh 2024 Sell Price: ₹5 crore Old Taxation: ₹68 lakh New Taxation: ₹56 lakh Tax reduces from ₹68 lakh to ₹56 lakh, but such high returns are rare. 4) Exceptional Gains, Significant Relief 2004 Buy Price: ₹50 lakh 2024 Sell Price: ₹7 crore Old Taxation: ₹1.08 crore New Taxation: ₹81 lakh There's relief for high returns, but you have to be lucky for exceptional returns The new system burdens modest investors with higher taxes(who make up the majority) & favors those with significant gains.Need a more balanced approach.

0 replies5 likes

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Neelakanth Chavan

Stealth • 8m

What are the taxation rules in india on investments in stocks. As per my knowledge, gains on stocks more than 1 lakh are taxed at 10% for long term gains(>1year) & 15% for short term gains(<1year). How can someone escape from this. One method that

1 replies3 likes

Anonymous

Stealth • 10m

Infosys co-founder Narayana Murthy has gifted 15 lakh shares worth over Rs 240 crore to his 4 month old grandson Ekagrah Rohan Murty.

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Hawk
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Medial • 6m

Was it a Budget of expectations? The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime. 1. Standard Deduction Increase: T

20 replies52 likes

Hiral Jain

Stealth • 6d

In the financial year 2025, the direct tax revenue has hit an impressive ₹16.9 lakh crore! Here’s the breakdown: - Personal tax contributes ₹8.7 lakh crore - Corporate tax is at an astounding ₹27.7 lakh crore - Securities transaction tax stands at ₹

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gray man

Stealth • 13d

This 25-year-old engineer couldn't get a bus ticket home for Diwali, so he built RedBus with just Rs 5 lakh and later sold it for Rs 800 crore.

6 replies7 likes

Anonymous

Stealth • 6m

😱 Fingerprint unlock in Windows XP. In 2004 Microsoft released the Fingerprint scanner that allows you to easily log in without entering your password and login. Just another confirmation that everything new is well forgotten old.🥲

1 replies7 likes

Suraj

Stealth • 9m

Dear Aspiring Entrepreneurs/Entrepreneurs, I am sure that you may have heard a lot of funding rounds but do you know about the details about each rounds as a desi Indian 🙂? 🌱 Pre-Seed Funding: It's like planting a seed in your startup garden! S

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project sankalan

Stealth • 6m

Kunal Bahl and Rohit Bansal, Snapdeal founders, exited Urban Company with 200x return on their 2015 seed investment of ₹57 lakh, now worth ₹111 crore. Their Titan Capital, backing over 200 startups, invested in companies like Ola and RazorPay. Meanwh

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Jeet Sarkar

Stealth • 10m

Nazara Technologies Ltd, a Mumbai-based mobile gaming and sports media company, has issued shares worth Rs 100 crore to Nithin Kamath and Nikhil Kamath, the founders of Zerodha. The move is part of a broader investment in which Nazara allocated 28.

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financialnews

Stealth • 2m

Swiggy IPO: Food delivery giant sets price band between ₹371 - ₹390, says report Swiggy, one of India’s top-valued new-age consumer brands, is set to enter the Indian capital market with an ₹11,300 crore IPO. The offering includes a fresh issue of s

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