Don't be afraid to b...Ā ā¢Ā 4m
I read somewhere that debt for companies is used as a method for tax evasion, many companies lie about debt to evade the tax so they can keep the full profits for themselves, correct me if I am wrong
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The Institute of Chartered Accountants of IndiaĀ ā¢Ā 9m
How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha
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AprameyaAIĀ ā¢Ā 1y
How to evade tax with simple locations ? Gujarat's Bus Tax Evasion Scheme š: A 1,000-Character ExposĆ© In a startling revelation, Gujarat's private bus industry is exploiting a tax loophole: ⢠Over 1,400 buses registered in Arunachal Pradesh and N
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Keen Learner and Exp...Ā ā¢Ā 1y
In 2016, a German journalist Bastian Obermayer has published 11.5M documents online. These documents contained details about financial tax evasion and money laundering of the VIPs and VVIPs. This list contained the names of 11 world leaders, politic
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The Institute of Chartered Accountants of IndiaĀ ā¢Ā 5m
Equity vs. Debt - Whatās Better for Business Funding? š¤ Letās break it down with a simple example: Both scenarios (A & B) start with the same revenue and cost structure. But there's one key difference - the funding source. Scenario A: Funded ent
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Work and keep learni...Ā ā¢Ā 1y
PAN Card The PAN (Permanent Account Number) card is a ten-digit alphanumeric identifier issued by the Income Tax Department of India. It's crucial for various financial transactions such as opening a bank account, filing income tax returns, and buyin
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why indian Startups are opting for Debt financing? 1. Preserving equity: Debt financing allows startups to raise capital without diluting their equity and ownership. This is important for founders who want to maintain control of their company. 2
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