If Ravi tried to book Ola/Uber at evening or even when it was raining, probably he will take a loan to buy car. Personal experiences creates personal choice.
₹20000/mo is the 5 year EMI of a 10L car for Ravi.
Instead, Ravi puts ₹20000/mo for 5 years in Nifty ETF SIP.
First decision gives him a car worth ₹4L in 2030.
Second decision gives him ₹17L of bank balance in 2030.
Life is about the choices we make.
Quitting your $300k job as Senior Software Engineer in BigTech to become Founder of the 1000th AI-powered copilot and raising a modest seed is Silicon Valley’s version of joining a gym in January
In 2022, Namma Yatri was launched to save Bengalureans from Ola & Uber
Everyone thought it’d fail with its 0% commission for drivers, unlike Ola & Uber’s 40%
But to everyone’s SHOCK, Namma Yatri grabbed 25% of their market share in just 2 yrs!
THREAD: The rise of Namma Yatri🧵
The feeling of getting tax refund , however small the amount in India is like chasing the pickpocket and grabbing the wallet back from him with whatever remaining in it.
I was assaulted on a BMTC bus near Rainbow Hospital, Marathahalli, Bengaluru last night by the conductor.
After refusing to give me change or taking payment by UPI, the BMTC conductor assaulted me and verbally abused me. Attaching the video here.
@bmtc_bengaluru (1/5)
@ViCustomerCare I trying to register a DND violation by Bharati AXA insurance company and your registration keeps failing. I tried both web as well as mobile application. Is there any other way to register a complaint ?
In the previous case, you at least made a profit to pay the capital gains. Now, let's take a scenario where you bought an apartment in January 2018 for ₹80 lakhs and sold it today for ₹95 lakhs due to a personal emergency.
This is where it gets tough. If indexation was applicable, you actually made a loss of ₹11.76 lakhs and would have paid 'Zero' LTCG tax.
But with the new method, @nsitharaman will add salt to your wound. She will take ₹1.87 lakhs from you as LTCG. Your net loss becomes ₹13.63 lakhs. Again you might spent many many lakhs more in loan interest alone.
Removing indexation defeats the whole purpose of LTCG. This affects everyone and will push more people to undervalue their transactions, increasing the use of black money.
This makes real estate investments less attractive and could drive our construction sector into a even bigger crisis. (2/3)
@AxisBankSupport I been in the call to get connected to a customer care executive for more than 12 minutes and still nothing. If you can't support the credit card users , please close my card. What kind of substandard service your bank is giving in customer support ?
@jijoy Hi Jijoy! I am here to assist you. We tried reaching out to you but couldn't get through. Hence, request you to DM us an alternate number & convenient date/time to contact you - Reviana https://t.co/fuKV0H8zIF
@ViCustomerCare Nobody reached out to me. This is really bad customer service. I think if it's like this , I need to look at porting the number. Do let me know , if you don't want to keep your long term customers.