Tax Terror
CAR Price = 12,00,000
GST = 4,80,000
TCS = 16,800
Road Tax = 2,01,600
Insurance = 1,00,000
------------------------------
Final Price = 19,98,400
For 12 Lacs car , You are Paying Taxes of Rs. 8 Lacs.
NSE is a cash generation and distribution machine. In FY26 alone, NSE earned a profit of over ₹10,300 crore and paid out roughly ₹8,660 crore in dividends— a payout ratio of 84%. This will likely continue even after listing because NSE can't do much with the excess profits. SEBI doesn't allow exchanges to invest in other businesses, listed or private.
So why aren't there more businesses like this?
It comes down to a tax arbitrage. Assume a business earns ₹100. It pays ~25% corporate tax, leaving ₹75. If that ₹75 is distributed as dividends, the shareholder pays tax again at their marginal rate. Can be another ~36% for someone in the highest bracket. The investor ends up with ₹48 out of the original ₹100.
Now contrast that with a company that reinvests the entire ₹100 into growth. If that growth reflects in the stock price, the investor pays capital gains tax only when they sell and at a much lower rate of 14.5% (the highest rate). Adding to this, there is no tax on this ₹100 because nothing is booked as profit.
A differential of 14.5 % vs 51% creates a strong incentive for profitable companies to reinvest aggressively rather than distribute. Which is why you don't see many new-age businesses choosing to be profitable in the first place.
I hope something changes here. Reinvestment is good for the economy in the short run, but businesses that aren't profitable are also far more vulnerable. One bad cycle can kneecap them severely. In the long run, that isn't smart.
This is part of a much larger global debate: the double taxation of corporate profits. Many countries have tried to address it. The US taxes dividends from most listed companies at lower rates than regular income through "qualified dividends." Australia gives investors credit for tax already paid by the company on its profits.
I have a conflict of interest on this topic. At Zerodha, almost all the cash we generate is retained and reinvested in startups through @Rainmatterin, the social sector through our @RainmatterOrg, or listed companies/Gold/Bonds. Even otherwise, it doesn't make sense to pay another tax and take out dividends, one of the few negatives of not being listed.
I think there should not be such a big differential in taxes, on dividend income as compared to capital gain. 😀
21-Year old lost his life due to electrocution
This is no way to die man, so sad, so sad.
Every random event could lead to death 💀 India looks like the set for Final destination
Rest in peace brother 🙏
There is a new scam by @IndiGo6E these days.
When you web check-in, they don’t show any free seat options to select.
If you skip seat selection and choose auto-assigned seating, they say you'll receive your boarding pass by email around 4 hours before departure. In my case, it never arrived.
When I called customer care to ask why the boarding pass wasn't sent, they told me that auto-assigned seating can only be done 12 hours before departure. If it isn't assigned by then, the airport has to allocate the seat. They also said they have no way to contact the airport.
So you are forced to reach the airport at least 1 hour early for physical check-in. If you arrive close to the check-in cutoff, they may refuse to issue a boarding pass and say you missed the check-in deadline.
Technically, there are no FREE seats for web check-in.
Everybody is out here scamming common people because apparently there’s nowhere for us to go and complain. Well done!
During Manmohan Era,U.S were taught lesson just to misbehave with our bureaucrat.
Manmohan Singh removed all the security from US embassy & asked US to apologize unconditionally
Today Modi didn't even tweet about 3 indians killed by U.S
and we called Manmohan a Failure!!
All this drama of going to 5 foreign countries every month to bring "business" is plain stupid.
Solve basics things, like:-
1) No dogs/animals on roads
2) Proper garbage collection
3) Easy availability of taxis (& fair pricing)
This itself boosts tourism by 15-20% especially foreign tourists. And, helps bring foreign $ (which we desperately need now).
Best part: the budget for 1 foreign visit can be used to solve all above issues in places like Goa.
We won't do it. Because we are "talk" economy.
Not an action economy.
It is common sense to pick low hanging fruits first.
But, who cares about common sense.
This gets worse.
So not only did the US Navy fire two missiles and kill three Indian sailors they refused to rescue the 24 Indian crew despite saying they are on fire, the vessel is sinking and that they are an all Indian crew.
The Omanis rescued them.
Why are we pushing E85 and E100 when we could have easily pushed CNG and EV infra ?
Instead of pushing these well established and futuristic technologies, why are we so adamant on pushing an outdated ethanol tech?
Khan sir
"They are threatening that they'll shut my coaching centre, I'm ok with it, it's their Govt, their Police, their law.
But listen carefully, Your Givt didn't give me my name & coaching, I'll rebuild it"
This is what happens when you question the Govt.
Today E20, tomorrow E30.
Why should buyers keep paying full price for adulterated fuel and shifting fuel policies? Stop buying new cars until there's long-term clarity.
Only falling sales will get the message across.
Thousands Of Such Videos Are Available Online. Has A Single Police Personnel Lost His Job?
This Is Why The Indian System Is Rotten To The Core.
There Is No Accountability.
मध्य प्रदेश –
रात 1 बजे पत्नी–बच्चों सहित मूवी देखकर लौट रहे बाइक सवार युवक को पुलिस ने चेकिंग के लिए रोका। बीच सड़क पर बाइक की चाभी निकाल ली। युवक ने मूवी टिकट भी दिखाया। पुलिस ने पत्नी के सामने युवक से दुर्व्यवहार किया, थप्पड़ मारा।