Economy

Popcorn also has a story to tell

We have heard enough of Unicorns, that is to say, what they do, how they earn, how much they spend, and their soaring valuations, etc. For a change, let us understand the story of Popcorn now. Before getting to the story, we have to set the background. India has around …

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When did I realize the importance of independence?

When things are going well, all of us are busy managing wealth! Planning for the next trip. Finding faults with others. Becoming restless if the work assigned is delayed by the vendor or the team. We think of growing the business or pushing the kids to do more and more! …

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Karnataka Budget 2022 Part II

In the previous article (read here https://simplifiedlaws.com/economy/karnataka-budget-2022/), we have seen that the Government of Karnataka is estimated to spend Rs.2,61,977 Crores, of which, Rs.1,89,977 Crores comes from Revenue sources and the balance of Rs.72,000 comes from loans/borrowings. On what does the Government spend the money? For our easy understanding, let us …

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Karnataka Budget 2022

Amidst bigger news like the Ukraine Russia war, election results of 5 states, new Covid variants, etc., Karnataka Budget could not find much space in the media and minds of people. As there were not many takers, it had a shelf life of less than 24 hours! Did you hear …

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What should investors do in a free fall market?

The war has begun. This shows that the human mindset has not changed over centuries. A street fight among humans should not be part of a civilized world. All the preaching has no place when people start fighting like wild animals. When these headlines grab our attention, we go back …

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Is crypto investment a missed opportunity in India?

A friend of mine was in low spirits for not investing in Bitcoin a year before. He continued “Had I invested, I would have made a lot of money” I asked him “Do have the same feeling of wasted opportunity by not doing Future & Options (F&O) trading? Betting on …

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Digital Budget 2022 – Part 2

Will the Government abolish Income Tax? This question pops up once in a while in the public domain. To answer this, here is the estimated total Tax revenue of the Union Government for FY23 – Corporate Tax (Tax paid by business entities) Rs.7,20,000 Crores Income Tax (Tax paid by salaried …

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