Sanjeev Ahuja
789 posts
Sanjeev Ahuja
@sanjeev2525
'BALANCE' is the Golden Word for a Golden World, says a Mediator, Resolution Professional & Strategy Advisor
New Delhi Katılım Ekim 2010
825 Takip Edilen142 Takipçiler
@suchetadalal Thanks for further picking this up…. Needs a look by all relevant authorities to have a sequence of actions and not resort to drastic actions…. Else this is going to send a very disturbing signals across professional community. World too watches from a distance 🙏
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Sanjeev Ahuja retweetledi
This has so may lessons 1) the FM reacts quickly and sensibly 2) Mr Pai makes a very valid point about overreach which is happening everyday and all the time. Not every case attracts attention of Mr Pai or someone who the FM will respond to. 3) the most chilling point is the ignorance ans arrogance of those in the comments who have jumped to say there is no overreach, that frivolous arrests don’t happen especially in GST! Really? You folks clearly don’t know enough about your own country!! 🤦🏽♀️😳🤔😢
Nirmala Sitharaman@nsitharaman
Thanks for sharing this. Will check.
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@nsitharaman A clear case of overreach….is the intent to create a scoop or have a mechanism to go deeper and nab the culprit rather than an easy catch as a head of an organisation whose direct involvement should be proven beyond doubt, before such drastic action is taken, which is avoidable
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Sanjeev Ahuja retweetledi
Thanks for sharing this. Will check.
Mohandas Pai@TVMohandasPai
Madame @nsitharaman please see this. How can a ceo of a regulated bank be arrested for an issue with a business partner? Is this not overreach. @FinMinIndia has given vast powers for GST. What is the safeguard for citizens against misuse?please intervene
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@TheOfficialSBI @JeevanPramaan @FinMinIndia an attempt to help senior citizens for their pension to use Jeevan Pramaan App by sitting home is apparently not helping the cause when a successful registration message does not guarantee the credit of pension due to backend glitches
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You could reach us through coordinates at missingbridge.in
Sanjeev Ahuja@sanjeev2525
@sanjeevahuja007 hello Mr Sanjeev Ahuja, greetings from Advocate / Mediator Sanjeev Ahuja, from Delhi….. some thing led to my mobile number getting connected with you and I keep lot of messages for you and some might be relevant for you to act. happy to discuss the way forward..
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@sanjeevahuja007 hello Mr Sanjeev Ahuja, greetings from Advocate / Mediator Sanjeev Ahuja, from Delhi….. some thing led to my mobile number getting connected with you and I keep lot of messages for you and some might be relevant for you to act. happy to discuss the way forward..
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@BhallaAjay26 @BridgeMissing looking forward to meeting you sir… last interaction was when you assigned me debt recovery mandate for ailing PSU’s as Additional Secretary, Commerce… seek a meeting 🙏🙏
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@Akshat_World This post states the facts/history of last 5 years. Can you post another one as to where would all these asset classes be in next 5 years. Will make it easier for your followers to invest accordingly. Heard somewhere, all are intelligent in hindsight…Is this the case here too🤔
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In the last 5 years:
1) Indian Stock Market has doubled.
2) Gold has doubled.
3) Indian Real Estate has doubled.
4) US Stock Market has doubled.
5) Dubai Real Estate has doubled.
6) BTC has more than doubled.
7) Small cap has given close to 100% returns in the last 15 months.
8) Taxes (might not have doubled), but have gone up significantly.
9) Cost of living (inflation, might not have doubled), but have gone up significantly.
People who invested money, were able to grow it.
People who considered FD's as an investment, lost money.
People who kept sitting on cash, lost opportunities.
The cycle will repeat, like always.
Take your lessons this time.
And, prepare better for the next opportunity :)
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@Akshat_World Posts are becoming a bit confusing lately. There are many moving parts which you are trying to address sequentially and that seems misplaced. Inflation is a worry and so is tax but you cant wish it away, so is the changing composition of the basket you would need as you grow..🤔
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How much money do you need to retire in India?
[1] Okay, let's start with 2 Crores.
- You put this in a FD
- Pay 30% tax (roughly), you make after tax 4.5%
- Inflation is 4-6% (official)
You lose money really fast. Can't retire
[2] How about 10 Crores?
- You put it in a EPF/PF/PPF
- Grow at 8% after tax
- Inflation for your segment might be 10% (eg. private heathcare, education for kids etc)
- Again, you are losing money each year
[3] How about 100 Crores?
- You put it in the stock market
- Grow it at 12%
- Beat segmental inflation
After 30 years, its time to reap rewards: but the government comes. And, imposes a 30% LTCG? What does the excel you built when you were 30, tells you now?
Point is: retirement is a moving number:-
- You need a big enough corpus
- Control your inflation (your lifestyle growth rate)
- And, control your exit tax
Easy to do? absolutely not.
But, this is the real deal.
Speak with anyone who has made 100Cr of wealth, they will all tell the same thing: hedge your bets. And, avoid single point of failure.
Applies to investing, careers, life.
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@suchetadalal Planning with blinkers on and loosing the sight of a holistic solution are the reasons when priority is the ‘self agenda’ 👀👀
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They built a glittering township but in 25 years neither the biggest banks, MNCs or Jios thought about employees. Given the combined CSR funds available they can run international class shuttle buses FREE of cost from all stations for 4 hours in the morning and 4 hours at close of day. Who will take the lead?? @ICICIBank @reliancejio @WFIndia @bankofbaroda @SEBI_India @RBI @DasShaktikanta @NSEIndia @ashishchauhan ???
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@Akshat_World Let us take a balanced approach and come out with constructive suggestions, post knowing constraints which are EVIDENT. Else we make same mistakes as policy makers, who are suppose to know constraints before they formulate a policy. Policy making expects, vision & pre-emption
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@Akshat_World Skill set outside the computer machine is another issue (thanks to reservation). So rot runs deep. But on the positive side, inspite of the hiccups, we have made strides and handful of examples of Dubai & Singapore are out of context when scale and legacy issues are considered.
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Stand by every single word.
Dubai government has put its entire Real Estate transaction data on a blockchain.
You can literally go on websites like BAYUT. And, see: which apartment was sold when for what precise price.
India government has the data too. But, they will never make it transparent.
Corruption benefits the lords.
People can keep bashing me.
Offer logic.
Real Estate investments are an amazing investment (even in India), only if it is done right. REITS/INVITs are just corrupt derivative products.
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@ml_madhusudhan @Akshat_World Would agree !! Advice needs to be suiting the context and keeping in mind various categories with their respective eco systems. SIP surely is a parking tool with some upside basis intelligence and efficiency of the fund manager. No more and no less. You still exposed to market
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Akshat whatever ur intention is, terming people who invest every month with discipline as ‘General junta’ is uncalled for.
Doing SIP is exactly what not timing a market is all about - one shuts out all the noise and just invests every month irrespective of what happens and what nonsense is being said!
Investing for most of these so called ‘General junta’ is not a full time career and they have other things to do in life. The last thing we need them to do is ditch this habit and dabble in more complex stuff at the cost of their careers and peace of mind.
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Warren Buffett says: don't time the market.
General junta: 1st of every month, we will do SIPs. Because we saw a Mutual Fund ad.
Warren Buffett meanwhile: sits on 270Bn$ cash. Waiting to deploy in the market later.
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@Akshat_World…. May be you promoted Airbnb a bit too much and Government came sniffing an opportunity
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Akshat, keep doing your good work of educating people on the streets but same logic would not apply for the Govt… it’s a different ball game…context different, dynamics too different…let me make a humble submission: solution has to be contextual, post understanding constraints
Akshat Shrivastava@Akshat_World
Math does not lie, people do. Dubai built a tourist attraction called: Dubai Frame: Project timeline: 2013-18 (Opened in 2018) Total Investment: $43.5 million It attracts over 2 million visitors a year. The Entrance fee: 50 AED ($13.5) for adults and 30 AED ($8.17) for children. Picking $10.9 as average, it makes the total revenues as: 21.8Mn$ per year. This is JUST the ticket price (not ancillaries) That's a yearly return of roughly 50% on the initial investment. It helped Dubai add more wealth. In India, in approximately the same timelines a project was built. The total investment was 3000Cr. Yearly directly attributable revenue: 80Cr per year (5 year average) Yield: 2.6% (All done on Public Money) Point is: building a tourist attraction is great on public money, if the ROI is sensible. Else, it is a failed experiment, which ultimately costs you money in the form of higher taxation. Now you might say: I'm criticising the government (this, that). No, this is NOT a political post, this is an ECONOMICS post. Can India do the same with its existing or new projects? 100% yes. I can walk you through an entire plan. And, help people in power execute it. Things, that actually help India make real money. If people in power feel that I can help in any way-- I will work for FREE (0 cost to you). In fact let me share a quick idea: I live in Goa, start a theme called: Goa beyond beaches. Build a circuit of activities. The market is deeply unorganised. Give it a government stamp of approval to ensure safety and trust. Cost to the Indian Public? very very less. Returns: very very high. Gets in tourists, generates jobs and whatnot. Don't know how to do it? contact me, give me a team, reasonable control and 1 year-- I will generate 30-50% yield on whatever money is being invested. Best thing: I will post the updates here on Twitter every week. So public can track the updates.
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