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.
Mutual Funds: A Closer Look at the Real Returns
Many people say that mutual funds are a great investment, but have we truly calculated the real returns, considering all factors like inflation and taxes?
Let me break it down with a simple example.
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
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?
0 replies1 like
Ashish Ahirwar
Aspiring entrepreneu... • 4m
today's my lucky day i've started something!
helped my 1st customer⚡⚡
if anyone wants quick loan at reasonable interest rate contact me-ssr10b4844@gmail.com
hoping for something good!!
For decades, our parents made a major mistake.
They stood in lines outside banks and post offices to invest in the Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and the National Savings Scheme (NSS).
PPF's 7.1% interest rate, KVP's 7.5%, and
🇮🇳 India's Joke of the Day: A calculation error crashed the stock market and the rupee exchange rate! 📉💸
Authorities reported a record trade deficit of $37.8 billion in November, triggering market panic. The rupee plummeted, and a sell-off hit t
🔥🕉️ BJP announced No Tax On businesses and startups Upto 2 Crores turnover 💰🇮🇳🚀
• Presumptive Taxation ( Section 44AD )
For Small Businesses: Individuals, HUFs, and partnership firms (except LLPs) can opt.
1= Taxable Income Presumed:
• 8% o
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2 replies5 likes
Samaksh Singh
Content Writer • 1m
🌍 Global Markets Rally as Interest Rate Cuts Loom
Markets worldwide saw a sharp rise this week amid growing expectations that major central banks may cut interest rates earlier than expected. The S&P 500 climbed 2.5%, while the Nifty 50 hit a recor
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Sandip Kaur
Hey I am on Medial • 8m
Essential Tax Tips Every Indian Startup Shld Know-
Navigating taxes can be tricky for startups, but mastering them is crucial for growth. Here’s what every Indian entrepreneur shld keep in mind:
•Startup India Exemptions: If your startup is recognize
