CA Avais Thekiya

by grace, through faith’🔮🙌

[CA Avais Thekiya @the_avais]

@baabuOP If merchant recieves more than 1 lakh a month
MDR would be levied 😅

[CA Avais Thekiya @the_avais]

The irony of imposing MDR on UPI:

Merchants won’t absorb the cost—they’ll pass it on to customers.

Small businesses may simply push customers toward cash.

More cash = fewer digital trails, more scope for unreported transactions, and weaker tax transparency.

#upi #india #mdr

[Kaira @Kaira94124647]

WE’RE TAXING THE SAME RUPEE 3 TIMES NOW?

💰 Earn → Income Tax
🛒 Spend → GST
📱 Pay → Transaction charge

Then WHY THE HELL ARE WE TAXING INCOME IN THE FIRST PLACE?

Middle-class Indians aren’t ATMs. Stop squeezing every stage of our hard-earned money
#AbolishIncomeTax

[Ashneer Grover @Ashneer_Grover]

India mein koi 5 minutes number Google kar le to doodh ka doodh paani ka paani ho jaye.

RBI surplus to Govt : ₹2.87 Lakh Crores (US$30 Bn)
Total listed bank profits : ₹4.11 Lakh Crores (US$42 Bn)
NPCI - which runs UPI pre tax ‘surplus’ : ₹ 1,888 crores (US$200 Mn)

To nuksaan kis ka ho raha hai UPI se aur kaunsi subsidy de rahi hai Govt UPI pe jo chubh rahi hai?

Cost of running ATMs and cash logistics in India is ₹30,500 crores (US$ 3.0 Bn). If you want to optimise shut ATMs and promote UPI instead.

Any levy on UPI is just tax collection. UPI is the one scientific achievement of India everyone acknowledges par ab tax ki bali chadhegi.

[CA Avais Thekiya @the_avais]

@Finance_Bareek Done

[CA Avais Thekiya @the_avais]

@PratibhaGoyal 1 year in practice
Have 40+ clients 🙌

[CA Avais Thekiya @the_avais]

@Finance_Bareek People are using this section just to increase the ITR without having any actual business..

[CA Avais Thekiya @the_avais]

@atulmodani How are all the signatures same?

[CA Avais Thekiya @the_avais]

@Finance_Bareek How are all the signatures same?

[CA Avais Thekiya @the_avais]

@Anuana10 My client was asked to pay 10 lakhs
But we negotiated it down to 1.5 lakhs
There are many such cases in India where even though nothing is payable officially still the officer ask for small amount of money around 20-30 k.

[CA Avais Thekiya @the_avais]

The grey market premium vanished overnight, and sentiment turned cold just before listing — proving that hype fades, but fundamentals stay.

In the end, Lenskart’s debut wasn’t a failure of business — it was a reality check on pricing.

#Lenskart #IPOGMP #StockMarketIndia

[CA Avais Thekiya @the_avais]

“Hype fades. Numbers don’t.” 👓📉

Lenskart’s IPO had all the buzz — 28× oversubscription, strong brand visibility, and a ₹70,000 crore valuation. Yet, the listing opened below its issue price of ₹402 and slipped nearly 10% intraday.

[CA Avais Thekiya @the_avais]

Why? Because valuation and vision aren’t the same thing.

Despite reporting profit in FY25 (~₹297 crore), much of it came from one-time gains. Core margins remain thin, and investors are cautious about paying luxury valuations for modest profitability.

[CA Avais Thekiya @the_avais]

@sh95438800 @CAAtulAgrawal @IncomeTaxIndia Solved
Just update your profile on ssp portal (PAN card)
And wait for 5-7 working days

[CA Avais Thekiya @the_avais]

@IncomeTaxIndia
I am facing issues regarding registration as CA on it portal, the error states invalid PAN. This error is for last 5 days, updated profile did everything possible still not able to resolve this.
Also sent an mail as said by you on which no reply.

[CA Avais Thekiya @the_avais]

@IncomeTaxIndia The first mail was sent on 29th of sept
Second was on 2 oct and the third mail was on 3rd october.
Yet there has been no response.

[CA Avais Thekiya @the_avais]

@CAAtulAgrawal @IncomeTaxIndia Problem not resolved yet!

[CA Avais Thekiya @the_avais]

@IncomeTaxIndia there is no response on mail yet, can you help??

[CA Avais Thekiya @the_avais]

@CAHimankSingla United lost 💔