CA Abhijeet Ajay Mehra

Chartered Accountant |
Who cares where the hell we land up, Cheers|
Living 2021 ||

[CA Abhijeet Ajay Mehra @Mehrajeee]

@Finance_Bareek Abi kaha faisla karre ? Ruko zara

[CA Abhijeet Ajay Mehra @Mehrajeee]

@Finance_Bareek Irony is that we are paying excise tax on sugarcane juice to erode our vehicle !

[CA Abhijeet Ajay Mehra @Mehrajeee]

@Finance_Bareek Not three months, close to 4 months I guess and if we include indirect tax then more than around 5.5 month working for free.

[CA Abhijeet Ajay Mehra @Mehrajeee]

@GautamGambhir you bitch! I curse you to remember as a traitor & always be credit less, if you force Kohil and Rohit to get retire from ODI.

[CA Abhijeet Ajay Mehra @Mehrajeee]

How about "X" post CESS in coming future.

#TaxLoot #indirecttax

[CA Nitin Kaushik (FCA) | LLB @Finance_Bareek]

As much I want the welfare of cows (or all animals for the matter), I don't understand the concept of cow cess.

Does the goverment lack funds to take care of it on their own, what are taxes paid for?

If you can't take care of the country from direct and indirect taxes, then abolish them and tax everyone separately for everything with different names of taxes.

Idiotic

[CA Nitin Kaushik (FCA) | LLB @Finance_Bareek]

As much I want the welfare of cows (or all animals for the matter), I don't understand the concept of cow cess.

Does the goverment lack funds to take care of it on their own, what are taxes paid for?

If you can't take care of the country from direct and indirect taxes, then abolish them and tax everyone separately for everything with different names of taxes.

Idiotic

[CA Himank Singla @CAHimankSingla]

HAVE NEVER BEEN THIS EXHAUSTED DURING SEPTEMBER.

THIS IS WHAT WE HAVE TO DEAL WITH:

Tax Audits
GST ASMT-10
Income Tax 143 Scrutiny
GST Appeal Hearings
Company Balance Sheets
GSTR-3B
Trusts Renewals
Form 10BB
Form 10B
Director KYC

How can a normal human balance all this in a single month ?
Its physically and mentally exhausting.

[CA Abhijeet Ajay Mehra @Mehrajeee]

@sudhaishere @Finance_Bareek @BookBug_ ap dekh sakte honge yaha kya karne ki koshish Kari Jari hai.

[CA Abhijeet Ajay Mehra @Mehrajeee]

🚨 FMCG firms say they can’t cut MRPs on ₹5/₹10/₹20 packs even after GST cuts — it would confuse buyers used to fixed prices.
Instead, they’ll offer more quantity at same price.
Govt may issue rules to ensure consumers get full benefit.
#GST #FMCG #India

[CA Abhijeet Ajay Mehra @Mehrajeee]

@Akshat_World That CA didn't ran away. He is still here to do Audit. When you give your views on shares or real estate do you take buy back guarantee of anyone's portfolio? How can you expect other's? You are nothing else but just a person who is making money from social media views.

[Sunita Sayammagaru 🇮🇳🇬🇧 @drsunita02]

Young people who want to become parents:

Have more than one child please.

It's not fair on the single child to look after the needs of the elderly parents. They get burnt out. I see this so often in my clinic and around me in society.

Why should the child look after the parents' needs alone when the parents have been selfish to have only one child? How much can one child bear?

And no, this is not about finances. Infact majority of people in the lower socio-economic group have more than one child. It's the upper middle class who stop at one child.

And if something happens to the parents prematurely, then that single child is left alone in the world, with no family. He/She is left an orphan. Even though, he may be an adult by then, he is still an orphan. And this will hit that adult child hard.

Heard of a news today, where both the parents who were around 55-60 years old died within 2 months of each other last year, and their only child, a son around 25 years old, also died tragically yesterday. He was apparently unwell since the death of his parents.

Read about Yash Birla, the popular Birla scion. Atleast here, the extended family rallied around him and he had a girlfriend whom he married. Read about what his wife has to say about the painful ordeal in their first couple of years of married life. He recovered, not everyone can be like Yash Birla.

In today's day and age, one isn't having such close ties with extended family members.

If a couple decides to have only one child, then the couple should and must involve the extended family, how much ever differences they may have with their extended family. Their only child should get the love and affection of their uncles, aunts and his/her cousins, especially the cousins.

Why should that child suffer just because parents don't see eye to eye with their extended family?? Then have, another child.

Because once the parents die, their only child will have the comfort of his cousins, with whom he has beautiful sibling bond with.

And life is livable again.

It's takes a village to raise a child. And a child should live in that village, this will give him security and confidence to carry out with life. No child (including an young adult child) should live alone.

[CA Abhijeet Ajay Mehra @Mehrajeee]

And it is very sad we take this as pride. If things goes like this I bet India can never bring European lifestyle and thinking in India. It doesn't matter if we become even number 1 country in terms of GDP, if the state of citizen's didn't change.

[Akshat Shrivastava @Akshat_World]

[1] Indians are the most overworked people on earth.
Not by choice. But, by system.

Example: kids studying for IITs would easily study 10-12 hours/day. This ability to "slog" continues at work.

[2] This habit to "slog" continues in adult life. Example: many hardworking Indians migrate abroad.

While their European colleagues would have "down time", Indians would sacrifice their sleep, family and health, to serve their company.

What's the root cause of all this? Well, it comes down to building survival instincts from a young age.

[3] Many hardworking kids have no choice but to slog.

Build merit--> build a better life.
That's their only option to a better life.

They work silently, putting in hours.
Right from the time they are 12-13 year kids.

Why? because working hard is 100x better than entitled begging.

[CA Abhijeet Ajay Mehra @Mehrajeee]

@aleksbrz11 tumhara bailout package poora agaya? Tumhari pension he hai na ye?
Nal khol ke dekh paani hai ni tum pe.

[CA Abhijeet Ajay Mehra @Mehrajeee]

Well Said ! Think twice before buying anything. My friend used to say; If you don't control your finances, Your finances will start controlling you.

#FinancialPlanning #financialmangement

[Akshat Shrivastava @Akshat_World]

[1] When I started my career: my salary was 10K, I used to live with my parents; used a 2nd hand mobile phone. Ate home cooked meals (almost all the time).

I was not married/had kids, took no debt.
And, still saved 1-2K/month.

[2] Fast forward a few years: I got a good corporate job, started making 50L/year. I took no debt. Saved at least 20L/year.

Invested almost all of my savings on high growth instruments. Did that for a few years.

At that point: my income started making enough income.

[3] Now, I have family & kids; responsibilities are bigger. I live in an expensive city, travel the world etc. But, my savings rate is almost 95% of the amount I make in a year.

At no stage in my life: my lifestyle inflation exceeded my income.

I enjoy (still enjoying) all phases of my life.
And, I am super thankful to God.

Lesson: Don't buy something once, unless you can afford to buy it twice (unless of course you are making an investment in upgrading your skills).

[CA Abhijeet Ajay Mehra @Mehrajeee]

In the middle of the afternoon, I'm getting thought in which Era I'm growing, Waking up and seeing- Terror attack, Aeroplane crash, Stampede, Israel attack, Iran attack, Trump show everyday, Russia Ukraine, India Pak and what not?
#lifeistooshort

[CA Abhijeet Ajay Mehra @Mehrajeee]

This man has only one solution; Leave the country, Settle in tax haven country. Are you a real estate broker in Dubai?
#FinancialSecurity #financialeducation

[Akshat Shrivastava @Akshat_World]

(1) You study from 5-21 years. Make 0 money, pay 0 taxes. You build skills, which you would eventually monetize.

You take all the risks. And, your parents make all the investments in you.

(2) You work from 21-50. These are your golden years. This is where your operating leverage is. This window lasts only 30-40 years max.

You make X money, pay 1/3rd taxes (on your "operating income")

(3) You want to "have a life", so you retire at 50. And, sustain on 2/3rd of the wealth you have built for the remainder of your life.

You keep paying taxes on your "investment income".

****
You are not paying 30% tax.
You are paying 30% tax in your "golden years".
There is a huge difference.

If you get this point: start optimizing for your best operating years.

[CA Abhijeet Ajay Mehra @Mehrajeee]

By this logic govt should work on to cover the majority people, I find they are discouraging. How about bringing 2% rate of GST on various services/Goods? This will be win win for both side.

[CA Abhijeet Ajay Mehra @Mehrajeee]

@Urbandesii_ And posting the same on X. How old school you are !

[CA Abhijeet Ajay Mehra @Mehrajeee]

Might be too late to start, But I wish BSNL will as to balance ship which is already tilted towards capitalism.

#capitalism #Airtel #Jio #telecoms #moneyroad

[Ravisutanjani @Ravisutanjani]

🚨 BSNL Launched India’s Most Affordable 30-Days Recharge Plan at Just ₹199 Per Month

• 1.5 GB Data/Day
• 100 SMS/Day
• Unlimited Local and STD Calls

Valid For Full 30 Days Instead of 28 Days

Will Benefit Students And Low Income Families

[CA Abhijeet Ajay Mehra @Mehrajeee]

Retirement age aari hai inki vaise

#PoliticsLive #RahulGandhi #Modiji

[Kavish aziz @azizkavish]

Future prime minister of India..