CA Punit Bavad

Big fan of BJP

[CA Punit Bavad @CAPunitBavad]

@singhvarun Only due to @nsitharaman we will vote for Opposition. We wanted a different FM who could have presented much better Budget . Repeating her is a tight slap on salaried class. We will ensure @Dev_Fadnavis looses badly @samosababa @Cryptic_Miind @IndiaNewGen

[CA Punit Bavad @CAPunitBavad]

@JioCare There is continuous spamming for SMS https://t.co/sTsxZXNk4h Mart. Post blocking asking to.stop it continues..Really irritating. Please port me out .

[Sweta Jain Patil @Anuana10]

CA Madhukar Hiregange Sir resignation and the concerns raised by him are serious.

But at this stage we dont knw the complete facts. His concerns may be justified or ICAI may have its own explanation.
The truth is yet to come out.
And that is precisely why transparency matters.

When an elected CCM resigns citing governance, ethical and student welfare concerns after reportedly raising more than 50+ communications, members deserve to hear both sides..

Requesting @theicai to come forward clarify the issues raised and place the facts before its members.

It is not about taking sides.

It is about truth, transparency and trust in our own Institute.

[Hellobanker @Hellobanker_in]

Bankers are angry with FM Sitharaman. They say - She openly defamed PSU Banks by saying that Youth choose private banks over PSU banks and PSU Banks give image of Govt Bank. The way she said this in video is like mocking PSU Banks. Is a govt organisation bad? Petroleum minister never says IOCL, BPCL is bad. Health minister never says Govt hospitals are bad. But Finance Minister regularly says PSU banks need improvement.

[India गठबंधन @IndiaAllliance]

कांग्रेस सरकार चाहे जैसी भी थी लेकिन तानाशाह नहीं थी।

महंगाई बेरोजगारी पर कंट्रोल था।

हमारे देश की मीडिया कांग्रेस की छवि खराब की है,उसमें मेरा भी योगदान कम नहीं था।

- बाबा रामदेव

[CA Punit Bavad @CAPunitBavad]

@sewlani @Anuana10 No, the Right to Information (RTI) Act itself does not explicitly restrict the disclosure of written-off loan names. Instead, public sector banks routinely invoke specific exemption clauses within the RTI Act to deny these requests, creating a complex legal battleground

[galgotia.ai parody @GalgotiaAI]

The biggest burden under MODI government is burden on personal income tax payers.

Personal income tax revenue today is higher than corporate income tax 🤬😡

Corporates get loan write offs.
Personal income tax payers get - NOTHING

Amritkaal for middle class

#abolishincometax

[galgotia.ai parody @GalgotiaAI]

Corporate taxes are down by 20% in 12 years, while personal income tax up by 30%

2014 - 35% of total revenue was because of corporate taxes

2026 - 28%.

No wonder they call Modi government suit boot ki sarkar.

Middle class crushed with taxes from everyside
#abolishincometax

[Sweta Jain Patil @Anuana10]

Only loan accounts of ₹100 crore and above are covered in this ₹35,715 crore technical w/off ..
Names of the borrowers? Not disclosed.
Now compare this with an ordinary borrower..
Miss one or two EMIs and the calls, notices and recovery follow ups begin..
my maid's husband had taken a loan for a van. he could not keep up with the instalments during covid. the van was taken away.
That is the reality for ordinary people...
a technical write off is not a loan waiver and recovery can continue..
But then the The small borrower faces recovery immediately..
But then the question becomes even more important:
Who are these ₹100cr + borrowers??
What recovery action was taken against each of them??

The middle class pays EMIs..
The middle class pays taxes..
The small borrower faces recovery immediately..

[CA Punit Bavad @CAPunitBavad]

@narendramodi All your policies are against salaried class @IndiaNewGen .

[Selection Commission Of India (Commentary) @ECISLEEPS]

₹36,000 Cr Dharavi project given to Adani.

69,933 sq.ft of Alibag Mangrove Forest given to Adani.

13,788 sq.ft of Amravati Forest givent to Adani.

255 acres of Bhandup-Mulund Salt Pan Land given to Adani.

Did Maharashtrians vote BJP for their future or their own destruction?

[Sweta Jain Patil @Anuana10]

In a Housing Society audit, even if one member’s dues have to be written off as irrecoverable, it is not simply passed through the books.
The auditor has to satisfy himself that recovery efforts have failed and certify the amount as irrecoverable.
The General Body has to approve it.
Even Registrar approval comes into the picture under Rule 49…

Now look at this number:
₹3,57,15,00,00,000 technically written off by Bank of Baroda..
₹99,46,00,00,000 recovered..
Borrowers: ₹100 crore+..
Names - Not disclosed.
my point is simple:

When even a few lakhs written off in a Housing Society require this level of scrutiny and accountability wht level of transparency should we expect for ₹35,715 crore in a public sector bank???

Who were the borrowers??
What recovery action was taken??
How much is still recoverable??

The bigger the write-off the bigger the accountability should be…

[CA Punit Bavad @CAPunitBavad]

An incompetent FM keeps on extracting taxes from.same set of people, How much is tax net widened in past 7 8 years.. @nsitharaman will go down as worst Anti Salaried class FM in History of India. @IndiaNewGen @indtxpyr #Tax Terrorism.

[CA Ruchita Vaghani @R_N_Vaghani]

Sugar price (without Ethanol) - ₹45
Sugar Price (with Ethanol) - ₹70

Modinomics 🤡

[Tushar Karmarkar @imTkarmarkar]

Thanks @nsitharaman @narendramodi
Proud moment 🎉

Just to make this moment more memorable please increase tax by 5% 🤌🏻

[CA Punit Bavad @CAPunitBavad]

@Finance_Bareek @IndiaNewGen Not possible unless FM changes

[The Macro Paper @macropaperr]

INDIA IS LOSING THE TRUST OF GLOBAL INVESTORS.

The rupee is already under pressure, forcing the RBI to step into the currency market.

And global fund managers are now pulling away from Indian stocks.

India has replaced Indonesia as the least-preferred stock market in Asia in BofA’s latest fund manager survey.

A net 32% of managers are underweight India, while the Nifty 50 is already down around 8% this year.

High valuations, growth concerns, and limited exposure to the AI boom are hurting sentiment.

If foreign money keeps pulling back, India could face more currency devaluation and a stock market crash.

[Venkatesh Alla @venkat_fin9]

Stock markets are ruined by this inefficient and incompetent @FinMinIndia and @nsitharaman.

[CA Punit Bavad @CAPunitBavad]

@CAChirag Tax Terrorism is at peak.

[Venkatesh Alla @venkat_fin9]

12 lakh relief? Someone seriously needs to revisit your examination papers and verify that certificate.

Stop selling this “₹12 lakh relief” propaganda. The moment someone earns even slightly above ₹12 lakh, the tax burden starts biting hard. What looks like relief on paper quickly turns into loot from ₹4 lakh onward through taxes, cess and surcharges.

Enough with the propaganda. Show the real tax burden, not misleading headlines.