@vegasalus Dear @vegasalus,
Please write to us with your details (along with your mobile number) at contactus@tdscpc.gov.in. Our team will get in touch with you.
@IncomeTaxIndia We are unable to register a LLP on traces portal, stating the error: Invalid PAN. Have checked both TAN & PAN- they are active.
Kindly assist, need to file TDS return.
@IncomeTaxIndia is traces working for tax payer ? trying to register it says not as per pan ? been tried all combinations - not as per pan 🤣 funny website
FROM FT
INDIA’S FACTORY WORKERS ARE QUITTING CITY JOBS AS SURGING LIVING COSTS — ESPECIALLY LPG, RENT & TRANSPORT — MAKE URBAN LIFE UNAFFORDABLE FOR LOW-WAGE LABOURERS, ACCORDING TO A REPORT BY FT
THE REPORT SAYS THOUSANDS OF MIGRANT WORKERS ARE RETURNING TO VILLAGES, HURTING FACTORY OUTPUT IN INDUSTRIAL HUBS LIKE NOIDA
FACTORIES ARE ALSO FACING HIGHER RAW MATERIAL, FUEL & WAGE COSTS, ADDING PRESSURE ON INDIA’S “MAKE IN INDIA” PUSH
ft.com/content/06830b…
Stay safe. Stay liquid.
Complete communication sent to investors at 7 AM today.
Public version (with some sections redacted) → betatoalpha.substack.com/p/brace-for-im…
And the @screener_in Excel is finally ready. Nothing special. Simple formulas put from Data Sheet.
And also a prompt we can Put in Screener AI included to get Earnings Guidance once this comes.
If the tweet gets 100 likes, will release it tomorrow.
Good part:
1. This does not require a lot of AI token use. Ratio analysis is mathematical.
2. In this method AI is only used to find out Say-Do Ratio
Bad Part
1. There can be errors everywhere, from ratio calculation to AI output.
Introducing Perplexity Computer.
Computer unifies every current AI capability into one system.
It can research, design, code, deploy, and manage any project end-to-end.
Most biotech companies burn cash for decades and die quietly.
Rigel Pharmaceuticals spent 20 years doing exactly that.
Then, in 2024, something remarkable happened.
They turned profitable for the first time in their history — and nobody noticed. 🧵
1/12
The STT increase is not of major impact to retail players. The biggest players in futures are arb funds. Your arb fund returns will fall by about 0.5% next year due to this increased STT. Will explain on our webinar.
Also FPIs, who buy stocks in futures because the impact cost is lower than in the cash markets. Then they let them expire and convert to stock. This has a higher cost - 4bps higher in the futures markets. Remaining STT is the same for the most part.
Some heartbreaking news !
Siddhartha Bhaiya has passed away. He was only 47 years old.
A contrarian investor & a mid/smallcap specialist - Bhaiya was courageous, did not mince words & certainly did not mind standing away from the crowd.
Prayers with the family. Om shanti 🙏
IIM Mumbai launches a 1 year executive MBA in Wealth Management for young finance professionals. It is mostly on campus. Fee is Rs 15 lakh.
We met Proj Ranjani, Deans & Director there. Seems interesting although cost is high. Story by @PosteAnilthefynprint.com/u0VhmLvIM