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Clothstore friend problem In India...India govt should learn from Thata dareness


WHATSSAPP

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Ma friend has cloth store he paying rent of 60K per month.

His house rent is 20k.

His staff monthly salaires is additional 60k.( they are requesting atleast pay half eventhough shop is closed)

He has Car EmI and other emis. Total 200K every month.

He is so worried how to pay this if store is closed for a month 🤦‍♂️🤦‍♂️

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2 minutes ago, WHATSSAPP said:

Ma friend has cloth store he paying rent of 60K per month.

His house rent is 20k.

His staff monthly salaires is additional 60k.( they are requesting atleast pay half eventhough shop is closed)

He has Car EmI and other emis. Total 200K every month.

He is so worried how to pay this.

Ok np bro 

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7 minutes ago, WHATSSAPP said:

Ma friend has cloth store he paying rent of 60K per month.

His house rent is 20k.

His staff monthly salaires is additional 60k.( they are requesting atleast pay half eventhough shop is closed)

He has Car EmI and other emis. Total 200K every month.

He is so worried how to pay this if store is closed for a month 🤦‍♂️🤦‍♂️

Your friend should probably google what emergency fund is and why it is required.

 

Government has passed order to defer EMI’s and also notified owners not to evict anyone 

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1 hour ago, WHATSSAPP said:

Ma friend has cloth store he paying rent of 60K per month.

His house rent is 20k.

His staff monthly salaires is additional 60k.( they are requesting atleast pay half eventhough shop is closed)

He has Car EmI and other emis. Total 200K every month.

He is so worried how to pay this if store is closed for a month 🤦‍♂️🤦‍♂️

idi chala businesses unna problem.. just not clothes stores.  The businesses made profits in the past (well-off) they can sustain, others will bankrupt . real estate crisis will follow. 

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My guess is...India lo businesses mostly government tax thakkuva kadtharu...showing low income...I think now if government issues relief funds, they will issue pay based on the individual tax payment and income level...

Lets take an example of a function hall business...How much tax you think he will pay tax?? very low...even after earning high incomes/profits. Now in bad times, how can they expect same relief fund? KARMA will return back!!

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