🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Aditya Arora

 • 

Faad Network • 18h

Roadside momos stall makes more than a corporate employee? 😧 I) Average corporate employee salary: Assuming Rs 30K/- starting in a Tier 2 city. II)Momos stall owner revenue: Plates sold in a day - 100 Average price per plate - Rs 60 Daily revenue - Rs 6000 ➡️ TOTAL REVENUE- Rs 180,000 Monthly Expenses: Rent - Rs 20K Raw Materials and Vegetables - Rs 30K Employee - Rs 20K Utilities (Gas, Chair, etc) - Rs 30K ➡️ TOTAL EXPENSES - Rs 100,000 Total Profit - Rs 80,000 (1.8L - 1L) Tax on Profit - Rs 0 (unregistered business) ➡️ Profit after tax (PAT) - Rs 80,000 💵 A roadside momos seller makes.more than twice the salary of an average employee 's starting salary in Tier 2 city. 😧

15 replies29 likes
12
Replies (15)

More like this

Recommendations from Medial

Image Description

Punithl Achar

Stealth • 9m

What is average salary for an employee[ forex offficer] in muthut finance?????

1 replies2 likes
Image Description
Image Description

Sajin

 • 

Foundation • 1m

ClearTrip gave Rs.400 in employee benefits, amounting to a total loss of approx Rs.800 crores. What are your thoughts on this?

7 replies23 likes
Image Description
Image Description

TECH WITH VISUALIZATION

Stealth • 5m

Sabse phle waisa location dekhe Jo hospital ke bahar ya koi park ke jagah normal sa fruit business and stall momos pav bhaji Then turn over open 2 stall only Then 200plate X2 =400 plate Per plate 50 rs investment 20 rs profit per plate 30 rs Then

See More
2 replies6 likes
1
Image Description

CA Dipika Pathak

Stealth • 5m

Dear business🔊 please note your tax audit applicability ➡️Every business, including private limited companies, individuals, and partnership firms (excluding those opting for the presumptive taxation scheme), is subject to a tax audit ifTotal sale

See More
1 replies4 likes
Image Description
Image Description

K

Stealth • 8m

On average, male founders earned eight times their female peers in FY23, according to a PrivateCircle research on 114 Indian unicorns. The report also showed that male founders took home a median of Rs 1.8 crore, while their female counterparts earn

See More
3 replies9 likes
1

K

Stealth • 8m

1.Axis Bank’s Employee Happiness Initiative Axis Bank has implemented new initiatives and policies aimed at enhancing career development and skill-building for its employees. 2. Prime Minister Modi’s Asset Declaration PM Narendra Modi declared total

See More
0 replies6 likes
Image Description
Image Description

TREND talks

Stealth • 1m

😳 Guy named Kopparam revealed on twitter that a dosa vendor near his home earns Rs 20,000 daily, amounting to Rs 6 lakh a month. After deducting costs, the vendor takes home Rs 3-3.5 lakh monthly, all without paying tax🤣 but employee gives 7-10% Ta

See More
6 replies15 likes
Image Description
Image Description

The Lokesh Act, 2002

Stealth • 5m

I have DSA which allows us to do finance business in which we can earn our profits by giving personal loans to customers which gives us a profit of average 2.50% of the Total loan amount.

7 replies13 likes
3
Image Description

Vikas Acharya

 • 

Medial • 1m

CTC stands for Cost-to-Company, and it's a human resources metric that represents the total amount of money a company spends on an employee in a year. This includes the employee's salary, benefits, taxes, and other costs. CTC is different from an

See More
3 replies1 like
1

Applyly

Stealth • 1m

Income of Cult.fit Crosses Rs 1,000 Crore in FY24 Fitness technology company Cult.fit has achieved a major point in FY24. The company achieved a total income of over Rs 1,000 crore consistently to depict the growth trend. This major accomplishment i

See More
0 replies1 like

Download the medial app to read full posts, comements and news.