Tag: Reconciliation

1

Pre-Tax Income and Post tax Income

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When a person joins a company (actually any job – bank, government, army, private sector….) he/she gets an appointment letter. This letter has a ‘Gross Cost to Company’ figure…which looks good and impressive…say Rs. 600,000. Now the kid who gets this letter thinks he is going to get a cheque of Rs. 50,000 every month. […]

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15

Why do I not teach?

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Many many and many more people have asked me this question. Why do I not teach at Business Schools? Well let me enumerate the reasons – not even hinting that there are no more reasons! 1. Colleges do not pay well: In Mumbai the kind of money one gets for teaching is so low that […]

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