The National Stock Exchange of India (NSE) on May 4 launched Electronic Gold Receipts (EGRs), a new process of buying and trading gold digitally.
EGRs is backed by physical gold; the investors, at their discretion, can surrender the EGRs and take physical delivery of the corresponding quantity and quality of gold.
Read more: https://t.co/XcTewkXFAe
Ok Tell me what are we getting in return of paying 15-30% income Tax.
18% GST on every business Billing.
Taxes on each and everything from a small Food packet to Car.
Purchasing Vehicles for more than 130% of their actual values.
+Toll Tax +Road Tax
House taxes.
and what not..
Still no medical insurance for tax payers
No Free Education for our kids
No Privilege for our family.
Why should we pay tax ?
Give me One reason why one should not fly out of the country after earning good ?
“I always entertain the notion that I'm wrong, or that I'll have to revise my opinion. Most of the time that feels good; sometimes it really hurts and is embarrassing.”
— Anthony Bourdain
@ipo_mantra We can generate lakhs with 5-7 k or crores with 5-7 lakhs, but it takes a long time, but unfortunately, everyone wants to make money immediately.
Compounding is the 8th wonder 🔥
All great investors started their investing journey with a small amount of money.