Mukesh Sahani⚡

I mostly tweet links and RT what I find interesting. cricket, politics and finance.

[Hindustan Times @htTweets]

FLASH: Rahul Gandhi spoke to US envoy about Hindu terror group, said Hindu terror is bigger threat in India than LeT - WikiLeaks #ht

[Mukesh Sahani⚡ @mukesh2569]

@InvestorOfJAMMU Which app

[Mukesh Sahani⚡ @mukesh2569]

@tradingsorted PPAP

[Mukesh Sahani⚡ @mukesh2569]

@rdkriplani Yes

[Aakash Gupta @aakashgupta]

Taiwan solved tax evasion in 1951 with a trick so cheap it should embarrass every tax authority on the planet.

The problem was an all-cash economy full of small shops. A merchant pockets the cash, skips the receipt, and the sale never existed. Auditors can't catch what was never recorded, and hiring enough of them to watch every noodle stand costs more than the missing tax.

So finance chief Ren Xianqun flipped the incentive. Print a lottery number on every receipt. Draw winners every two months on live TV. Top prize today: NT$10 million, about $310K.

Suddenly the customer and the shopkeeper want opposite things. The merchant wants the sale off the books. The customer wants the ticket. And there are millions more customers than merchants. Every transaction now carries a built-in witness demanding the paper trail.

Year one, reported tax revenue jumped 75%, from NT$29 million to NT$51 million. Seventy-five years later, roughly 70% of Taiwanese still play. Convenience stores redeem the smallest NT$200 prizes at the register, so even a coffee receipt feels like a scratch card.

The elegant part is what the audit force costs. The prize pool runs about NT$7 billion a year, roughly $20 million. In exchange, the government gets 23 million unpaid auditors working every checkout line in the country, forever. No inspector general on earth delivers that coverage at that price.

Greece, Italy, Portugal, and Slovakia all copied it. The most effective compliance tool ever built looks like a game, and that's exactly why it works.

[Mukesh Sahani⚡ @mukesh2569]

@darkandcrude https://t.co/I9NTX5XLSp

[Viraj Sheth @viraj_sheth]

to my surprise, the andheri subway is perfectly operational despite the downpour.

this is from 1030am today.

[Mukesh Sahani⚡ @mukesh2569]

@VishalBhargava5 @UJJAVALSHAH2

[Mukesh Sahani⚡ @mukesh2569]

@deepakshenoy ECLGS effect?

[Anuradha Tiwari @talk2anuradha]

What Indian Express is writing today, Reddit has been discussing for a year.

[Mukesh Sahani⚡ @mukesh2569]

@abhymurarka No signs of rain here in NM

[Frontier Indica @frontierindica]

No good deed goes unpunished in Vishwaguru Amrit Kaal.

[Mukesh Sahani⚡ @mukesh2569]

@investor_vineet But 99 min cart value is back. Most likely will be scrapped after IPO

[Mukesh Sahani⚡ @mukesh2569]

@prakdadlani @TheOfficialSBI @ICICIBank not approving for CGTMSE accounts.
Big mistake going with private banks. PSU Banks are the best

[Anshika Aggarwal @kipupwidanshika]

"Necessity is the mother of invention "
Zomato would really have to change their prices now

[Mukesh Sahani⚡ @mukesh2569]

@PrawinGaneshan @SavukkuOfficial Sab ganje kyu hai

Hair loss is real

[Mukesh Sahani⚡ @mukesh2569]

@microcp2mltibgr @madanmo95322469 1200 in mumbai

[Mukesh Sahani⚡ @mukesh2569]

@Captsandeep2 @Ayudhika1310 Bhai elaborate pls

[Mukesh Sahani⚡ @mukesh2569]

Anyone using @neosapien_xyz ?
Is it useful or just a gimmick
@TechnicalGuruji

[Bhargavi @bhargavizaveri]

India is desperate for stable foreign capital. INR is in a virtual free fall. Yet, there is an *absurd* bottleneck nobody talks about: the RBI’s FIRMS portal — mandatory for FC-GPR filings and therefore for receiving FDI share capital — has been down for weeks.

As a result, inward remittances for legitimate equity investments into Indian companies are getting stuck because founders literally cannot complete regulatory filings.

At a moment when the country needs every dollar of productive FDI it can attract, this is exactly the kind of invisible bureaucratic friction India should not be imposing on itself.

@RBI @RBIsays @NITIAyog @nsitharaman