Jump to content

Ratan tata thaathayyaa _/\_ _/\_ _/\_


aakathaai789

Recommended Posts

On 11/24/2019 at 8:54 PM, lovemystate said:

Charities are usually tax saving instrument with some marginal good effort in the side. You are running a corporate which makes 100 rupees profit. Indian government takes 30 rupees right away as corporate tax. Later you give yourself 70 rs as extra salary earnings - indian gov t takes another 30 percent as personal income tax. Say of the remanining 52 you spend 40 on luxuries , indian govt again takes 28 percent as gst tax.

so to save all this they put corporate earning in charity tax free and use that money for family expenses and vacations as “charity funding” . Ofcourse some money does go to actual charity to continue all this.

they are not doing anything wrong though and I support tata.

charities are not tax saving instruments for the rich. Its the way they can control public discourse. Its the vehicle through which they can test their bad ideas, and create new partners to venture into new areas of business.

There are much better tax saving instruments than setting up charities.

also research institute set up by private non profits cant work, unless they let the scientists benefit from the fruits of their labour. ultimately all these research institutes will be mainly funded by the govt, even if they were founded by Tata.

also corporates don't pay 30rs on 100rs profit.They show profit as 1re, and pay 30p.

Link to comment
Share on other sites

mundhu tax sarigga kattamanu aa Tata gaadini.

if he's anti govt, ask him to stop sucking on govt titties.

if he has any ip, let him opensource it. 

ivi emi cheyyakunda, m bhi respect ivvanakkarla ye billionaire ki.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...