To simplify this 12 lakh Nil tax issue :
β‘οΈSuppose your income is upto 12 Lakhs
β‘οΈYou pay 0 for the first 4L
β‘οΈFrom 4Lakh - 8Lakh i.e the next 4Lakh,
you pay 5% tax = 20,000.
β‘οΈFrom 8Lakh - 12 lakh i.e. another 4Lakh,
you pay 10% tax = 40,000.
β‘οΈTotal Tax Payable=
Today was my last day at
CNBC TV 18 β€οΈ
16 years ago I joined this wonderful organisation and what a wild ride it has been.
Iβve had the privilege of meeting and learning from some of the savviest investors, market gurus, and corporate leaders. A front row seat to every
My personal experience since I tested positive for covid 19. @mybmc was relentless in their support, contact tracing , helped with doctors and kept checking on me and my family enquiring about our health. Pleasantly surprised.
I would avoid the Lenskart IPO due to a few reasons
Overpriced : at FY25 PE ratio of 230X, valuations are too high for my comfort
At upper end of the price band, a 70000 cr market cap is not justified
In FY25 , Profit is inflated due to a one time gain
FY24 was a net
There seems to be a clear shift in the way urban middle class is consuming in India
Traditional FMCG brands like Britannia, Nestle, Dabur are talking about a dip in urban consumption
Britannia in their analyst presentation yesterday said that the slowdown in urban consumption
It is concerning when the largest IT company in india TCS is saying that they will delay salary hikes this year due to the uncertain environment
"will decide on wage hikes during the year β it can be anytime, depending on business."
What is also worrying is that TCS has added
When i joined cnbc tv18 way back in 2008 , I watched sensex crash to low of 8700 post lehman crisis.
.
Today witnessing it all set to hit 50000 sitting in very same studio is not only a matter of pride but realization that equity cult survives and thrives through every crisis.