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Sujit Bangar @sujit_bangar

6 months ago

Ambitious and welcome move by RBI to reduce repo rate by 25 basis point ! #monetaryPolicy #RBI

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Sujit Bangar @sujit_bangar

6 months ago

Game of Tariffs has just begun …. It’s going to be turbulent till new global economic order sets in … Obviously USA won’t be in steering position anymore !

Financial Times @FT

6 months ago

Game of Tariffs has just begun …. It’s going to be turbulent till new global economic order sets in … Obviously USA won’t be in steering position anymore !

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New Tax Regime is the default tax regime. If you don’t select any tax regime, then by default the tax regime would be New Tax Regime. If you wish to select Old Tax Regime to take benefit of various deductions and exemptions, you need to select Old Tax Regime and its possible…

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Sujit Bangar @sujit_bangar

9 months ago

There are over 13 lakh doctors in India. Most of them overpay income tax. Sharing some secret provisions of the income-tax which exempt or reduce doctors' income by 50%🧵👇

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Sujit Bangar @sujit_bangar

10 months ago

Indians paid ₹10.45 Lakh Cr of personal tax in FY24. Income tax is the biggest expense of our lifetime. 7 uncommon ways to reduce tax liabilities for individuals🧵👇

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Sujit Bangar @sujit_bangar

10 months ago

Brands as huge as Coca-Cola spend ~$1,000,000+ on producing an ad. However, this Xmas, Coca-Cola saved this money by producing an ad using GenAI. But how are the users responding? Here's what unfolded🧵👇

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Sujit Bangar @sujit_bangar

11 months ago

India, with its reforms and strategic position, is well-prepared to navigate this changing global landscape, no matter who wins. What do you think?

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Sujit Bangar @sujit_bangar

11 months ago

7/ Bottom Line U.S. tax policies ripple across the globe, influencing capital allocation and shaping markets. As we await election results, one thing is certain: “Nothing is certain except for death and taxes.” - Benjamin Franklin.

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Sujit Bangar @sujit_bangar

11 months ago

6/ India’s Resilience to U.S. Tax Shifts India is well-positioned vs other EMs with recent geopolitical shifts and supply chain disruptions from the war. Corporate tax cuts within India and the shift from China as a manufacturing hub make India a strong alternative.

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Sujit Bangar @sujit_bangar

11 months ago

5/ Impact on Global Capital Flow Income fuels the economy. Lower US taxes typically encourage investment. While higher taxes may push capital to lower-taxed regions, impacting global capital flow and investment strategies.

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Sujit Bangar @sujit_bangar

11 months ago

➡️Kamala: Proposes raising corporate tax from 21% to 28% Capital gains tax from 20% to 28% for those earning over $1M p.a Her plan also involves taxing notional gains, increasing Medicare tax but expanding child tax credits and new support for first-time homebuyers

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Sujit Bangar @sujit_bangar

11 months ago

3/ Stark Differences in Tax Approaches The candidates’ tax plans reveal key contrasts: ➡️ Donald Trump: Seeks to lower corporate tax from 21% to 20%, with a potential 15% rate for domestic producers, and aims to end taxes on Social Security benefits.

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Sujit Bangar @sujit_bangar

11 months ago

2/ Dollar’s Global Impact US dollar is world’s reserve currency, so changes in US taxes influence global markets Tax changes can shift global capital flows, affecting investments globally US is the highest FDI provider to India after beneficial tax regimes (Mauritius & Sgpr)

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Sujit Bangar @sujit_bangar

11 months ago

1/ Why U.S. Taxes Matter Globally Whether you’re an HNI, middle-class person or corporation, taxes impact everyone’s outgo. U.S. tax policy shifts are especially significant because of their superpower status.

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Sujit Bangar @sujit_bangar

11 months ago

As the U.S. decides its next president, one area with huge global impact is taxation💰 Here’s why the world should pay attention to U.S. tax policies and what it means for India 🧵👇

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Sujit Bangar @sujit_bangar

11 months ago

We celebrated Diwali in our Mumbai office yesterday! 🪔✨ There’s something truly unique about celebrating Diwali at the office. The happy interactions with our colleagues, coming together dressed up traditionally, make this day special. Happy Diwali to all!

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Sujit Bangar @sujit_bangar

11 months ago

A salesman asked me to believe in AI than his junior. His statement ignited a strong thought on how customers will evaluate products/service going forward. If you are a founder or a consumer, do read this👇

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Sujit Bangar @sujit_bangar

a year ago

Earlier, workers were required to apply through their employers to get the universal account number (UAN). Now one can use a facility for formal sector workers to obtain universal account number online without depending on their employers. There are many services that can be…

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Sujit Bangar @sujit_bangar

a year ago

Best time to file ITR is NOW. When it’s about filing income tax return, general tendency is to postpone it till last date. This has few serious consequences. If there is tax payable, your penal interest burden will keep rising till day of your filing. Last minute filing…

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Sujit Bangar @sujit_bangar

a year ago

It's a well known fact that you can claim principle repayment of home loan as deduction under section 80C. But 80C has a deduction bracket of ₹150k. It includes many other deductions like PPF, ELSS, insurance, kids tuition fee, etc. If you have a home loan, the real benefit…