How many of you sales guys out there will be able to sell a useless product to a BUSINESSMAN just because it is tax deductible? Not too many I guess…. Now let me give you 3 options. 1. Register your business as a ‘business of buying and selling shares’ and start filing IT returns. This […]
I know I have touched a raw topic…so here are 2 versions. Rather I will give you 2 views, you can take whatever you want! Parents argument about this topic: 1. We looked after you, so you should look after us. 2. It is your duty. We looked after our parents, so you should look […]
If you are a businessman and you get a big income tax refund, it is time you changed your CA. An advance tax is something that you pay based on an estimate. Thus if your CA (or you) over estimated your income and because of that you are getting a refund, well, improve your ability […]
The mistakes that I made in my equity investing have now been well documented. Now I will tell you some more shares where I did not make ENOUGH money. This is the mistake of spotting the opportunity but not having the brain power to stay through the full journey of wealth creation. Infosys: My investing […]
‘How come you are so thin….and maintain yourself like that?’ -is a question that all slim / well maintained people (especially girls) are asked regularly. One question which they LOVE to ask BACK is ‘How come you are so obese’ – however that is considered impolite I guess? Let us look at what people do: […]
Doctors are the toughest to define professionals! You find doctors earning as little as Rs. 200,000 a year to doctors earning Rs. 200,000 a day. It may be some exaggeration, but it is not far away from the truth. However not all doctors are rich, handsome and managing their moneys well. Also contrary to public […]
Many people who are born in the 1920s, 30s, 40s….and are now in the twilight of their lives, have lived frugally. As these are the people who saw the British Raj, the second world war, rations, as well as the 97% Income Tax..they treat every bit of money as precious. Not to say that money […]