CA Rajesh Sewlani

Chartered accountant

[CA Rajesh Sewlani @sewlani]

@isranisunil @R_N_Vaghani

[CA Rajesh Sewlani @sewlani]

@Anuana10 @CAPunitBavad https://t.co/rG6WZsQZsU

[CA Rajesh Sewlani @sewlani]

@Anuana10 @CAPunitBavad I never said. I got the list. Its on BOB website. The only thing is, it's not in RTI rules to disclose this information. There are past precedent of denying such information before 2014.

[CA Rajesh Sewlani @sewlani]

@CAPunitBavad @Anuana10 In democracy, trust of majority works. Which us with present Government. Your trust doesn't matter.

[CA Rajesh Sewlani @sewlani]

@JohnDoesyi4 @Pawankhera These loans were disbursed from 2008 to 2014 during congress.

You have to wait for congress return to get such non repayable loans.

[CA Rajesh Sewlani @sewlani]

@venkat_fin9 @BJP4India Aayega toh MODI hee

[CA Rajesh Sewlani @sewlani]

@CAChirag @TRAI I wrote very harsh letters to the MDs of HDFC Bank and Axis Bank and got relief from their telemarketing calls. Next on the list: AU Bank.

[CA Rajesh Sewlani @sewlani]

@_amitbehere

[CA Rajesh Sewlani @sewlani]

@IndiaNewGen India's peak personal tax rate:
1961: 84%
1970s: 97.75% (highest ever)
1985: 50%
1991: ~55%
1995: 40%
Today: ~39% incl. surcharge.
From 97.75% to ~39%—a dramatic change in India's tax history.

[CA Rajesh Sewlani @sewlani]

@R_N_Vaghani Break the same calculation down for the period from 2004 to 2014 and check whether the same methodology holds. Please factor in both inflation and taxes applicable during the period 2004–2014.

IF YOU FEEL, PREVIOUS GOVERNMENT WERE TAX FRIENDLY.

[CA Rajesh Sewlani @sewlani]

@mainbhiengineer Break the same calculation down for the period from 2004 to 2014 and check whether the same methodology holds. Please factor in both inflation and taxes applicable during the period 2004–2014.

[CA Rajesh Sewlani @sewlani]

@IndiaTaxTalk

[CA Rajesh Sewlani @sewlani]

@Finance_Bareek check sequence
FS approved and signed by Directors
Auditors issue Audit Report and generate UDIN
how it can be on FS which are already signed.

so ICAI doesnt insist. Q94 to FAQ by ICAI.

[CA Rajesh Sewlani @sewlani]

@rgulecha @Finance_Bareek Exactly. Bankers can ask for anything—they seem to have a special love for UDIN!

But as professionals, we provide what the law requires, not whatever a banker demands.

If ICAI says UDIN is required on the Audit Report, we don’t put it on the FS just because banker asks for it.

[CA Rajesh Sewlani @sewlani]

@Finance_Bareek @swaroopkn22 UDIN is NEVER to be mentioned on Financials. BS is preapared by management and sent for Auditors Report. UDIN is generated later after signature by Directors on Financials. pls check FAQ Q.94 by ICAI on this.

[CA Rajesh Sewlani @sewlani]

@R_N_Vaghani Absurd!

A businessman evades tax and generates ₹1 crore of black money.

Then, to convert it into white, he pays 18% GST + 34% income tax.

Does this make ANY sense?

[CA Rajesh Sewlani @sewlani]

@R_N_Vaghani

[CA Rajesh Sewlani @sewlani]

@R_N_Vaghani 2014: ₹2,000/month for unlimited calls + limited data & SMS.

2026: ₹300/month for unlimited calls + data & SMS.

₹2,000 → ₹300. An 85% drop.

Yet people still complain about telecom prices.

Complaining isn’t inflation. It’s a full-time profession.

[CA Rajesh Sewlani @sewlani]

@R_N_Vaghani @nsitharaman Earlier, complaints were occasional. Today, complaining has become a full-time profession—with some people apparently working overtime.