When you realise that there is MDR on GST and also GST on MDR 😭
If you buy something for 5k, GST is 900, You pay 5900
MDR 0.4% applied on 5900 & not 5k which is 23.6
Then, there is again GST of 18% on MDR which makes MDR charges 27.8
So effectively, MDR is 0.56% and not 0.4%
💯 % True
Pehla dhanda karne k liye JIGAR chaiye tha !!
Now minimum requirements are
1. CA (3K-5K per month)
2. 20% extra working capital for GST as u have to pay in 3B on 20th of every month & your customer who might pay after 90 days
3. Accountant / Data Entry (10-15K per month)
4. Accounting/Business Management softwares (2-3K per month)
5. Social Media Marketing (15-20K per month for just creatives)
6. Ads for Google/Meta/X/Linkedin (Avg 30k for small businesses per month)
7. Account manager for social media ( 10K per platform per month )
8. Website ( 50k, static one time cost )
If i forgot any other expenses, feel free to add in comments
Note carefully: Income from capital gains is taxed separately. Therefore if your core income from FDs etc is less than 12 lakh it is tax free. Even if you earn 50 lakh from capital gains - that is taxed at cap gains rates separately.
Planning is super critical in everything. Ofcourse everything won’t go as per plan. But plan plan plan, whether business career personal life whatever it is. That’s my advice to younger people. Think plan think plan.
rich guy in bangalore: has a 42-inch monitor & ergonomic chair, wears apple watch, oura ring, dinners at LUPA — makes ₹50 lakh/year
rich guy in delhi: owns 2 pairs of tshirt & shorts, goes to paharganj for work in a santro, enjoys halwai ke cholle bhature — makes ₹5cr/month
Touch works like butter in brand original screen in superb condition and agent marks as Touch Calibration Failed, epic level stuff to fool people. @Cashify_ buy for 8k and sell for 30k.
@Cashify_ worst service in pickup continues. Pickup guy just put random issue in evaluating device report and want device as trash price with box pack condition. Not tested device and just click random pics, random issues and leave. Not interested to listen at all. MPMPA11331062