(2) Allow companies to offer metro passes as perquisite which is not taxable. This itself will save 30% for most riders. Back in days, this was a provision when Volvo AC buses were newly introduced.
Public transport needs to be affordable by public
#Bangaloremetro@peakbengaluru
Its high time govt offers some relaxation on metro prices.
1. Offer monthly passes (like Fast tag) at 50% of the price. INR 180*20 = 3,600 should be available for INR 1,800 per month. One entry and one exit per day.
(1/2)
"If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening." - Charlie Munger
I have watched only one IPL completely in my whole life and that too in 2011 in the stadium. Yet I am a RCBian for life.
This cup has completed the dream of people like me who have been supporting the team from a decade.
#EesalaCupNamdu
I have watched only one IPL completely in my whole life and that too in 2011 in the stadium. Yet I am a RCBian for life.
This cup has completed the dream of people like me who have been supporting the team from a decade.
#EesalaCupNamdu