On income of Rs 241 Crs, net income shall be Rs 210 Crs as almost 31 Crs are paid as GST. Though on income of 210 Crs, GST would have been 37.80 Crs and not 31 Crs.
Now out of this income of 210 Crs, under which tax code Mr Prashant Kishore paid income tax of Rs 20 Crs. As far as we know for companies tax rate is 25%, effective of 27.50% after surcharge. If he has filed income tax return under individual, tax would have been higher.
If we consider tax paid of 20 Crs as right amount, his net income/profit should have been not more than Rs 75-80 Crs, out of which after paying tax, amount left would have been Rs 60-65 Crs.
On income of Rs 241 Crs, net income shall be Rs 210 Crs as almost 31 Crs are paid as GST. Though on income of 210 Crs, GST would have been 37.80 Crs and not 31 Crs.
Now out of this income of 210 Crs, under which tax code Mr Prashant Kishore paid income tax of Rs 20 Crs. As far as we know for companies tax rate is 25%, effective of 27.50% after surcharge. If he has filed income tax return under individual, tax would have been higher.
If we consider tax paid of 20 Crs as right amount, his net income/profit should have been not more than Rs 75-80 Crs, out of which after paying tax, amount left would have been Rs 60-65 Crs.
Sir, kuh maths gadbad hai