In today's rupee (1972 rupee inflation adjusted), if you earn 1410000 in a year, your tax rate has already hit 57.5% under Indira.
Look it up if you don't believe me.
On Tuesday, the rupee hit a new low of Rs 84.75 per dollar as slowing economic growth rattled markets. Will the RBI step in with a rate cut this Friday to steady the ship?
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Sameer Patel
StealthĀ ā¢Ā 8m
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 b
Here's a Summary of the FED decision on March 20, 2024:
1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting.
2. The Fed maintains its anticipation of three interest rate reductions in 2024.
3. The proje
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š®š³ India's Joke of the Day: A calculation error crashed the stock market and the rupee exchange rate! ššø
Authorities reported a record trade deficit of $37.8 billion in November, triggering market panic. The rupee plummeted, and a sell-off hit t
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financialnews
StealthĀ ā¢Ā 2m
Wall Street Update: US Stock Indices Trade Mixed Amid Fresh PCE Inflation Data
Wall Street Update: Dow Rises, S&P 500 and Nasdaq Slip Amid PCE Inflation Data
**US Stocks Mixed as Investors Digest PCE Inflation Data**
US stock indices were mixed on
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Sandip Kaur
StealthĀ ā¢Ā 5m
Essential Tax Tips Every Indian Startup Shld Know-
Navigating taxes can be tricky for startups, but mastering them is crucial for growth. Hereās what every Indian entrepreneur shld keep in mind:
ā¢Startup India Exemptions: If your startup is recognize
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Hiral Jain
StealthĀ ā¢Ā 17d
In the financial year 2025, the direct tax revenue has hit an impressive ā¹16.9 lakh crore! Hereās the breakdown:
- Personal tax contributes ā¹8.7 lakh crore
- Corporate tax is at an astounding ā¹27.7 lakh crore
- Securities transaction tax stands at ā¹
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Himesh Jain
StealthĀ ā¢Ā 8m
Hi what are your thoughts on Compound interest
Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years
My invested amount = 48 lacs
Money I will get = 3.51 cr
But will it really be worthy with an a