MyFintax by CA Suraj Soni

🚕 Invest ₹500 and become a co-owner of a taxi platform?

India has launched Bharat Taxi, a cooperative-based ride-hailing app introduced by Amit Shah in New Delhi.

Unlike traditional aggregator models, this platform allows drivers to become stakeholders with a small ₹500 contribution.

📌 How it works:
• Registered under the Multi-State Cooperative Societies Act, 2002
• Drivers earn fixed fares initially
• After three years, profits are shared based on contribution such as kilometers driven
• A portion of profits is retained as cooperative capital

The model promises a minimum base fare per km and positions itself as a driver-first structure rather than a corporate-owned system.

Currently operating in parts of Delhi-NCR and Gujarat, expansion plans are underway with large-scale driver enrollment already reported.

This is not just another cab app.
It is an attempt to shift from gig worker to cooperative ownership.

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MyFintax by CA Suraj Soni

💼 CTC vs In-Hand Salary, the never-ending mystery.

Ever celebrated a big offer…
and then saw your first salary credit?

That gap between CTC and in-hand is where confusion begins.

📌 CTC includes:
• Basic salary
• HRA
• Special allowances
• Employer PF contribution
• Gratuity
• Bonuses
• Insurance

But your in-hand salary is what actually hits your bank account after:
• Employee PF deduction
• Professional tax
• Income tax (TDS)
• Other deductions

Same offer letter.
Very different reality.

Before negotiating salary, ask one simple question: “What will I receive in hand every month?”

Because CTC sounds impressive.
In-hand pays the bills.

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MyFintax by CA Suraj Soni

📈 Which Prime Minister saw the biggest stock market surge?

If we look at percentage gains in the Bombay Stock Exchange Sensex during different tenures, the biggest rallies usually happened during strong economic reform phases and global liquidity cycles.

Historically:

• P. V. Narasimha Rao
Early 1990s liberalisation reforms triggered a powerful bull run.

• Atal Bihari Vajpayee
Disinvestment push, infrastructure growth and IT boom drove strong gains.

• Manmohan Singh
2003–2008 period saw one of the sharpest bull markets in Indian history.

• Narendra Modi
Post-2014 reforms, GST, IBC, digitisation and strong retail participation fueled major market expansion.

📊 The truth is, stock market rallies are not driven by one leader alone.
They depend on:

• Economic reforms
• Global liquidity
• Corporate earnings growth
• Political stability
• Investor sentiment

Markets move with cycles, not just governments.

The biggest surge often comes when reforms + global money + earnings growth align at the same time.

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MyFintax by CA Suraj Soni

⚠️ PAN rules are changing from April 1.

If your PAN is not linked with Aadhaar, it will become inoperative.

To reactivate it:
• You must link it
• Pay the prescribed fee
• Wait up to 30 days for activation

📌 During the inactive period:
• No income tax refunds will be processed
• No interest will be paid on pending refunds
• Higher TDS or TCS may be deducted

A small delay can create bigger financial inconvenience.

Check your PAN–Aadhaar status now and avoid unnecessary trouble.

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MyFintax by CA Suraj Soni

Comment “ROC” or DM “ROC”
We will check your company status and tell you how much you can save.

If your company has not filed annual returns and penalties are piling up at ₹100 per day, there is relief now.

The government has launched Companies Compliance Facilitation Scheme, 2026.

📌 What you get:
• Pay only 10% of extra late fees
• Option to close company at lower cost
• Option to make company dormant at reduced fee
• Possible relief from certain penalties

⏳ This scheme is open only till 15 July 2026. After that, full penalties will apply again.

If your company has pending filings, this can save you lakhs.

Do not wait. Limited time window.

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MyFintax by CA Suraj Soni

🏏💰 T20 World Cup is not just cricket. It is serious tax money too.

For the ICC Men's T20 World Cup, India plans to tax the International Cricket Council directly. Reports suggest around $35 to 40 million (₹315–360 Cr) could be collected.

Earlier, the Board of Control for Cricket in India handled most tax implications. This time the structure is different.

📊 Beyond the matches:
• Massive advertising revenue
• Tourism and hotel demand
• Higher consumption across host cities
• Estimated ₹20,000 crore economic impact

Players also pay tax:
• Match fees taxed as professional income
• Prize money taxed as income
• Endorsements and bonuses fully taxable
• Luxury gifts added to taxable income

📌 Cricket creates emotion.
But behind every match, there is revenue, compliance, and tax planning.

The sport is global.
The money involved is even bigger.

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MyFintax by CA Suraj Soni

📈 Top Finance Careers That Could Boom in India by 2035

Finance isn’t shrinking, it’s evolving with tech, data, and global capital flows.

Here’s where the big opportunities may lie:

💼 Financial Analysts: Core decision-makers using modeling, forecasting, and analytics across corporates, banks, and fintech.

🏦 Investment Banking Specialists: M&A, IPOs, and large deals. High intensity, high reward.

🛡 Risk Managers / Credit Analysts: With economic cycles becoming volatile, risk expertise is becoming critical.

📱 FinTech Analysts: Digital lending, payments, wallets, finance + tech is a powerful combo.

📊 Corporate Finance & FP&A Professionals: Budgeting, strategy, growth planning, backbone of every company.

🚀 Private Equity / Venture Capital Professionals: Backing startups and scale-ups in India’s growing ecosystem.

💰 Treasury & Wealth Managers: Managing liquidity, portfolios, and high-net-worth clients.

🎓 Certifications that can accelerate careers:
• CFA Institute (CFA)
• Certified Financial Planner Board of Standards (CFP)
• Global Association of Risk Professionals (FRM)

📌 The real formula for 2035:
Finance fundamentals + analytics skills + technology understanding + strong certifications.

Money is going digital.
Capital is going global.
Finance careers are going smarter.

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MyFintax by CA Suraj Soni

💸 Loans aren’t expensive. The wrong loan is.

Interest rates can range from 6% to 19%+ and that difference can completely change your long-term financial outcome.

📊 The smart move?
Understand the purpose. Compare rates. Borrow strategically.

🏠 Home Loans — Lower interest, long tenure, asset-backed stability.
🚗 Vehicle Loans — Mid-range rates, secured against the car.
💼 Business / Startup Loans — Higher risk, higher cost, but growth-focused.
🌾 Kisan & Subsidy Loans — Government-supported, often lowest rates.

📌 Same EMI mindset. Very different long-term impact.

Before signing any loan agreement, ask: Is this the right product for my goal or just the easiest money available?

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MyFintax by CA Suraj Soni

💰 India’s currency value: around $0.8 trillion.

🥈 Global silver market value: around $4 trillion.

So yes, on paper, the total value of all above-ground silver is several times larger than the total value of Indian rupees in circulation.

👉 Surprised? Or does it make sense?

Here’s the reality:

• Currency supply is controlled by a central bank.
• Silver is a globally traded commodity with industrial + investment demand.
• Market size doesn’t mean “power”, it reflects total valuation.

India’s economy is over $4 trillion GDP, but its physical currency in circulation is much smaller because modern economies run digitally.

📌 Big numbers can mislead without context.

Silver being “bigger” than the rupee supply sounds shocking but it’s more about structure than strength.

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MyFintax by CA Suraj Soni

🌍 Global trade just hit a legal reset.

The Supreme Court of the United States reportedly ruled that former President Donald Trump overstepped executive authority when imposing sweeping global tariffs under emergency powers.

📌 The core issue:
Tariffs are a Congressional power, not something that can be broadly imposed through emergency law.

While new tariffs may be introduced under different legal routes, the ruling challenges the foundation of earlier trade actions.

🇮🇳 Why India is watching closely:
If previous “reciprocal tariffs” are invalidated, many Indian exports could regain competitiveness in the U.S. market, especially sectors like garments, leather, and jewelry.

🌎 Bigger picture:
This isn’t just about one country.
It’s about limits on executive trade power and how tariffs, refunds, and trade deals may evolve globally.

Trade policy just entered a new phase.

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