Abhishek Securities

Listed companies in Indian stock exchanges accounted for less than a third of the total corporate tax paid to the government in FY18, as reported by Business Standard (BS). This year too represents a continuation of the downward trend in the metric over the last few years. Listed companies are those whose shares are traded on an official stock exchange like BSE (Bombay Stock Exchange). These companies are expected to adhere to specific listing requirements like the number of shares that will be listed be on exchanges and also minimum income levels. According to the I-T (Income Tax) Department, the total tax receipts increased by 17.8 per cent on a Y-O-Y (Year-On-Year) basis, rising to Rs 5.71 trillion in FY18. However, listed companies contributed only Rs 1.88 trillion of the total amount and data shows that the tax paid by India’s top 868 companies declined by 0.6 per cent over the last year. While MSMEs (Medium Small and Micro Enterprises) in India, with revenues of less than ...

How much can you make in 26 years by just investing Rs.10,000/- initially in any of financial instruments?Take a wild guess??? Let us look at the real example… If you have subscribed in 100 shares of _____ company with a face value of Rs. 100/- in 1980… In 1981 company declared 1 : 1 bonus = you have  200  shares In 1985 company declared 1 : 1 bonus = you have  400  shares In 1986 company split the share to Rs. 10 = you have  4,000   shares In 1987 company declared 1 : 1 bonus = you have   8,000  shares In 1989 company declared 1 : 1 bonus = you have  16,000  shares In 1992 company declared 1 : 1 bonus = you have  32,000  shares In 1995 company declared 1 : 1 bonus = you have  64,000   shares In 1997 company declared 1 : 2 bonus = you have  1,92,000  shares In 1999 company split the share to Rs. 2 = you have  9,60,000   shares In 2004 company declared 1 : 2 bonus = you have  ...