Indian Economy: News and Discussion

[Suryavanshi]

>Unironically sharing National Herald
and here I thought you had at least 130 IQ....

That's the average IQ of DFI

 

[Haldilal]

That's the average IQ of DFI

And again Poor Me. Paisa nahi. Demag Nahi. Shakal Nahi. Kuch bhi nahi. And Again Poor me.

 

[FalconZero]

And again Poor Me. Paisa nahi. Demag Nahi. Shakal Nahi. Kuch bhi nahi. And Again Poor me.

 

[Suryavanshi]

India losing $10.3 bn in taxes per year due to tax abuse, evasion

India losing $10.3 bn in taxes per year due to tax abuse, evasion

A report said it was owing to global tax abuse by MNCs and evasion by individuals

www.theweek.in

 

[ezsasa]

India losing $10.3 bn in taxes per year due to tax abuse, evasion

India losing $10.3 bn in taxes per year due to tax abuse, evasion

A report said it was owing to global tax abuse by MNCs and evasion by individuals

www.theweek.in

can’t make a judgment call based on this data, since taxes are paid at every level of value chain in GST.

If the top guys are exploiting global tax loop holes, so be it. if GoI goes after this 70000 crores, they will take 2 lakh crore circular economy along with them and there is no guarantee that the next guy won’t do the same thing.

 

[Haldilal]

Ya'll Nibbiars Nigeria's economy enters recession.

 

[Suryavanshi]

Ya'll Nibbiars Nigeria's economy enters recession.

Depending upon Zoorope for investment leads to this, China will come in as saviour.

 

[Suryavanshi]

African Economy is what I call a floating economy, an economy who's base is not rooted in the local natural resources and infra. Even the slightest nudge from the market will destroy their economy.

 

[Suryavanshi]

The trade has Increased from 2011 but still the major sector remains the same.

There Agri isn't meeting the demand of Growing pop. Infra development runs on loans from Zoorope and China No significant local players. Banking dominated by Zooropean company, thank god we have SBI.
No major effort to curb population hence population keeps increasing like a rocket. Extreme Corruption.
Their Currency is up for manipulation by Zooropeans.

 

[shade]

The trade has Increased from 2011 but still the major sector remains the same.

View attachment 67363


There Agri isn't meeting the demand of Growing pop. Infra development runs on loans from Zoorope and China No significant local players. Banking dominated by Zooropean company, thank god we have SBI.
No major effort to curb population hence population keeps increasing like a rocket. Extreme Corruption.
Their Currency is up for manipulation by Zooropeans.

AfriNibbers seem to be an extremely corrupt low IQ group, except that one Mahapurush who runs Rwanda.

Even Arabs who have welfare state because of Oil are planning investments and all for the future when the Oil dries up, and the elite in Nigeria might he living like literal princes while letting the rest of the population rot in poverty.

 

[Suryavanshi]

AfriNibbers seem to be an extremely corrupt low IQ group, except that one Mahapurush who runs Rwanda.

Its in Europe's Interest to keep Africa down how else will they get cheap Diamonds to trade.

 

[Haldilal]

Ya'll Nibbiars India set to double Oil refining capacity in five years, earlier than expected. With the reduction in usage of oil for petrol & diesel much of this is going to be used for production of artificial fibres & plastics.

 

[Haldilal]

View attachment 67360

Ya'll Nibbiars Ya Nibba what that means?.

 

[Indx TechStyle]

AfriNibbers seem to be an extremely corrupt low IQ group, except that one Mahapurush who runs Rwanda.

Even Arabs who have welfare state because of Oil are planning investments and all for the future when the Oil dries up, and the elite in Nigeria might he living like literal princes while letting the rest of the population rot in poverty.

You know, Nigeria has fastest growing population in world and will be only country which will surpass India and China in population in early upcoming century.

 

[Swiftfarts]

You know, Nigeria has fastest growing population in world and will be only country which will surpass India and China in population in early upcoming century.

They don't have land and resources to sustain such huge pop.

 

[Indx TechStyle]

They don't have land and resources to sustain such huge pop.

They are already a crisis state with race between GDP and population growths and are going to head there this way in best case scenario.

 

[indus]

India losing $10.3 bn in taxes per year due to tax abuse, evasion

India losing $10.3 bn in taxes per year due to tax abuse, evasion

A report said it was owing to global tax abuse by MNCs and evasion by individuals

www.theweek.in

Do guys know about the new tax reforms whch came in effect from 1st oct 2020. Tax Collection at Source(TCS) which is 0.075% for buyers having transactions more than 50Lakhs.
And TDS also to be deducted from sales proceeds. The whole process has become too cumbersome. Wonder who is guiding the FM

https://www.cnbctv18.com/finance/cb...ns-applicable-from-october-1-2020-7056031.htm

 

[Rassil Krishnan]

You know, Nigeria has fastest growing population in world and will be only country which will surpass India and China in population in early upcoming century.

It's crazy no one talks about it,they have a higher pop growth that Pakis with a base pop of 200 mil.they are one of the few countries where more people are falling into poverty than out of it.

 

[hit&run]

 

[Haldilal]

Ya'll Nibbiars Oil find, just 47km from Kolkata, holds commercial potential. If commenced would help create new Economic potential for Eastern India .