The goal of our financial system is to keep you poor.
- You pay 30% operating income tax
- You pay 18% GST on most items
- You invest whatever is pay: and then again pay 12.5%
In between, you pay a series of commissions on everything (like STT, Fund management fee on Mutual Funds and whatnot).
The game is simple: go to work, make some money, pay taxes; whatever is saved-- pay commissions on that.
Very few people get this point. And, build mitigation strategies.
Tax residencies, Golden Visas, offshore accounts etc are all mitigation strategies.
Anyone who tries to teach you about these topics: are your well wishers, who are actually trying to help you get rich.
1980s: India and China had similar GDP
45 years later: China's GDP is 5X that of India.
The situation is such that China is now taking our land. And, we can't do jack-shit about it.
In terms of future preparation:-
China is winning all important races -- the AI, ML, Exports, Robotics -- you name it.
All Indian political parties are simply running a freebie race: killing merit, encouraging freeloaders and doing 0 prep.
What kind of a meaningful future do you see for hardworking Indians?
Sign our petition to support the Constitution!
Also earn $47 for every person you refer to sign the petition if they’re in a swing state.
Goal is to get 1M voters in swing states to show support for free speech & right to bear arms.
@nsr188575047296@NDTVProfitIndia@nsitharaman Indian people are most uneducated that's reasons why BJP is still run the country.. another reason why middle class people vote for BJP is hindutva... Imagination created by BJP and RSS. What ashame
I AM AN INNOCENT MAN. THE BIDEN ADMINISTRATION IS TOTALLY CORRUPT. THIS IS ELECTION INTERFERENCE & A CONTINUATION OF THE GREATEST WITCH HUNT OF ALL TIME. MAKE AMERICA GREAT AGAIN!!!
I came to listen to all my brothers and sisters of Manipur.
People of all communities are being very welcoming and loving. It’s very unfortunate that the government is stopping me.
Manipur needs healing. Peace has to be our only priority.
REMINDER: Elon Musk (@elonmusk) for years has been telling people that birth rates are collapsing & most of the media is lying about the population growth problem.
He believes the opposite of most billionaires who are guiding world policy.
Power Crisis
Jobs Crisis
Farmer Crisis
Inflation Crisis
PM Modi’s 8-years of misgovernance is a case study on how to ruin what was once one of the world’s fastest growing economies.
Wishing you all a very Happy Easter.
May hope, love, peace and joy always touch the lives of each of our families, our neighborhoods, our cities, our country and our world.