extraordinary is jus...ย โขย 7m
The rich avoid taxes with a strategy called โBuy, Borrow, Dieโ, by using assets as collateral to borrow money, and write off interest as a tax deduction Step 1: Buy assets (hold to avoid taxes from selling) Step 2: Borrow money at low interest rates (use assets as collateral)
Partner at D P S A &...ย โขย 1y
AVOID this mistake WHILE taking deduction of interest (saving +fixed deposit)in your ITR๐ด๐ด๐ด๐ด๐ด Since ITR Season is around, highlighting common confusion โก๏ธFor Individual & HUF - We can take a max deduction of 10,000 on interest from a savings a
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Hey I am on Medialย โขย 1y
-70 out of 100 iPhones are bought on EMI.ย ย -80 out of 100 cars are bought on EMI.ย -60 out of 100 homes are bought on EMI. People are taking loans for almost everything these days. But hereโs the difference: Rich people borrow to build assets, whi
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The Institute of Chartered Accountants of Indiaย โขย 1y
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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Hey I am on Medialย โขย 1y
We will borrow money from our relatives, around 50,000. Since they are our relatives, they will lend us the money without any interest. Then, we will lend this money further to someone else at interest. The interest we earn will be our profit, and we
See MoreExperimenting On lea...ย โขย 1y
๐ข WTF is EBITDA โ๐ค EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization ( Amortization in simple words is like repayment of installment/loans). Itโs like looking at how much money a company makes from its core busine
See MoreBuilding altragnanย โขย 11m
Definition: EBITDA is a financial metric that measures how much money a company earns from its operations before deducting interest, taxes, depreciation, and amortization. It's useful for evaluating a company's operational profitability. Why is EBI
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Hey I am on Medialย โขย 8m
10 reasons why people buy anything: 1) Save time 2) Avoid pain 3) Make money 4) Save money 5) Feel loved 6) Gain praise 7) Get comfort 8) Improve health 9) Avoid effort 10) Increase status Products that do any of these get sales. Products that don
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The Institute of Chartered Accountants of Indiaย โขย 11m
30+ Strategies How Billionaires Avoid Taxes. ๐ 1. Double Irish with a Dutch Sandwich 2. Tax Haven Residency 3. Offshore Shell Companies 4. Trust Funds 5. Carried Interest Loophole 6. Capital Gains Tax Rate 7. Intellectual Property Rights Shifts 8.
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