The total pan masala mkt in India is around 45,000 Cr.
Govt revenue from this won't be more than 25%.
So, around 12,000 Cr.
The entire revenue is lost is cleaning gutka stains.
Even without considering the health impact, why shouldn't Gutka be banned?
https://t.co/mwYEEttphp
I have been saying this - Taxation is a fraud in India.
Whenever I say this people tell me how Europeans and Americans are taxed higher, while that is true what they don't realise is that they get something back in return.
I get absolutely NOTHING in return. Potholes are bonus
Rupee is at an all time low (Rs.84.14).
Depreciated by around 20% in the last 5 years against USD.
No no, but let's focus on the 1,000 year plan. These are minor things.
US deep state is silently buying up Indian healthcare and pharma using private equity firms. This is a big risk in the long term to Indian health, pun intended.
Healthcare costs are already too high in India. They will soar even further and nothing can be done. Insurance will be the only way. That too will be sold by US firms.
The GoI then, whoever it is running the govt, can't do anything as they will be held hostage by these medical, hospital and pharma unions.
The day is not far when India's healthcare industry will be run by the US. They can develop, test, and sell drugs in India with their monetarily influenced and incentivized Indian medical community and capitalists at any price as they wish.
Why is the GoI allowing a free run for American private equity in buying up India's hospitals and healthcare industry? Every major hospital chain in India is now being bought up by foreign private equity in record investments.
Let India try just one thing. Setup a private fund like Temasek of Singapore with enough capitalization to go bid for one of Singapore's healthcare chain or US's hospital chain.
I can assure you that they will immediately block any investment, make it an investigation, and ban the private fund itself as being 'hostile.'
Now let's not talk about how other home grown chains and successful Indian brands like Havmor and Haldiram are being allowed to be sold off. It only makes me sad.
I wish our opposition raises such important issues that will affect all Indians in the future instead of targeting our own companies and private sector for politics. Sadly, they still try to derail Adani acquisition of a port in Sri Lanka or a Reliance acquisition of a project in Bangladesh!
Heartbreaking news from EY Pune - a young CA succumbed to the work pressure and nobody from EY even attended her funeral - this is so appalling and nasty!!!
The ITR Filling Deadline is 31st July
GSTR-1 Filling Deadline is 11th of Every Month
But No Deadline for ITR Processing and Refund?
Accountability is Only For the Public?
Forign power is too big!!
They are trying to buy Indian influencers, just received a message from random user to tweet against SEBI and adani and they will pay me 5k.
Sorry George Soros this account is not for sale.
#HindenbergReport
In #USA 30% tax slab starts above INR 150L ($182100)
In PPP terms it's 37L India Salary
In #China 30% tax slab starts above INR 48L (CNY 420000)
In PPP terms it's 23L India Salary
Here we start 30% tax slab above INR 15L
In USA you don't pay capital gains tax if your annual income is less than 39L ($47000)
In PPP terms that's 9.5L
So we are already paying more taxes than developed countries
In return don't even talk about Infra , Social Security or Healthcare benefits for Taxpayers.