He was responding to BJP's questions around his party's funding. He says he didn’t make figures public earlier as ‘in our Sanatan Dharma, money donated should not be discussed’.
Lifting liquor ban isn’t Jan Suraaj’s only promise. For voters looking for change & who don’t see Lalu’s RJD as alternative, Kishor represents new hope, one Nitish embodied in his early years.
The Jan Suraaj founder also sought action against corrupt officials as claims abounded that posts were 'sold' & paper leaked in the recently-held exam.
Prashant Kishor must have learned a lot from the political parties that were his clients in the past. Can he succeed amid the uncertainties of Bihar's electoral landscape?
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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