Prateek Aggarwal

NEPSE :Correction Coming Soon ? As I mentioned in previous post ,We are in supply area .The wicks hints us that there is selling going on in the market .Also We must be cautious before placing any Buy trade at these level as the risk is too high in compared to the reward .Stop-loss plays an crucial roles in this type of scenario ,So we must place an stop-loss before we place an trade to manage our risk reward profile . #Stockmarket #nepse #technicalanalysis

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RBI proposes risk-based pricing for deposit cover! #cfosme #costmanagement #costcontrol #futureoffinance #budgets #planning #financial #monetaryplanning #strategy #budgeting #Execution #cfoservices #sharedcfoservices #portfoliomangement #revenues #evaluation #scorecard #leadership #metrics #optimization #RBI #RiskBasedPricing #DepositInsurance #BankingRegulation #FinancialStability #CentralBank #Finance #EconomicPolicy #BankingSector #RiskManagement Connect with us at: www.cfosme.in

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https://lnkd.in/gm5BJHuk As long as Independent Directors are "Selected" by the promoters, Independent Directors will tend to be Dhritarashtra and will never be truly independent... We have enough examples/case studies in recent times to prove this

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Capital gains tax framework completely overhauled!

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#Happytohelp #boards and #organizations #achieve their #strategic #objectives and #contribute to the #greater #good of the #corporate #society. #independentdirector #Nonexecutivedirector #indianinstituteofcorporateaffairs #ministryofcorporateaffairs #entrepreneurship #startups #givingbacktosociety #helpingorganizationsgrow #bettercorporategovernance #contributingtosociety #happytohelp

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The Union Budget 2024 significantly boosts the IPO landscape in India with a suite of strategic measures aimed at reducing barriers, attracting investment, and fostering market growth. By implementing favourable tax treatments, simplifying regulatory compliance, and encouraging foreign and domestic investment, the budget positions India as a more attractive destination for public offerings. --> Key Changes and Their Impact: - Favourable Tax Treatment for Long-Term Capital Gains: Change: The holding period for qualifying as long-term capital gains has been reduced from 3 years to 2 years for shares acquired in an IPO. Impact: By reducing the holding period, the budget aims to boost market liquidity and make IPO investments more appealing, potentially leading to increased investor interest and higher post-IPO trading volumes​.   - Reduced Regulatory Compliance Costs: Change: The budget introduces measures to streamline the compliance process for companies planning to go public, including simplified documentation and reduced regulatory costs. Impact: This can result in more IPOs, as smaller and mid-sized companies may find it more feasible to list on Indian stock exchanges. Reducing compliance costs also allows companies to allocate more resources toward growth and expansion​.   - Facilitation of Foreign Direct Investment (FDI): Change: The budget has eased restrictions on foreign ownership in certain sectors and introduced tax incentives for foreign investors. Impact: Increased foreign investment can lead to higher valuations for companies going public and improve the overall market dynamics. This influx of foreign capital is also expected to provide better price discovery and increase market efficiency​ ​.   - Introduction of Special Purpose Acquisition Companies (SPACs): Change: The budget has introduced a framework for the listing of SPACs on Indian exchanges. Impact: SPACs provide an alternative and faster route for companies to go public. This can be particularly beneficial for startups and high-growth companies facing challenges with traditional IPO processes. Introducing SPACs is expected to increase IPO activity and provide more options for companies seeking public market entry​. What are your thoughts on the budget? Share it in the comments below! 👇🏼 #finance #CorpwisAdvisorsPrivateLimited #Unionbudget2024 #unionbudget #IPO #stockmarket #trending

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LTCG on sale of immovable property - has the finance minister given option to calculate capital gain with indexation? Not really. LTCG for properties bought before 23 July 2024 will contine to be calculated without indexation. But at tax calculation stage, excess of tax calculated @ 12.5% over tax @20% with indexation will be ignored. So for all other purposes like roll over by investing in new property LTCG will be calculated without indexation. In cases where LTCG is loss after indexation, no benefit will be available of such loss. For other asset classes like debt funds even this releif will not be avilable. #LTCG #LTCGonimmovableproperty #Budget2024 #Budgetproposals #Incometax #financeministry #CBDT

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“Ethics is knowing the difference between what you have the right to do and what is right to do,” emphasizes the importance of considering not only what we have the legal or moral right to do but also what is morally right and justifiable. Ethics are essential to any business because they are the regulations concerning the kind of culture within the working environment. Business ethics are critical to a company's long-term success, profitability and reputation! Thanks BW Businessworld for the recognition and interaction! Wadhwani Foundation

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FDI Inflows: A Glimpse Total FDI inflows in the country in the FY24 stands steady at USD 71 Bn of which FDI equity inflows stands at USD 44 Bn (62%). FDI inflows for FY23 and FY22 were USD 71 Bn and USD 84 Bn respectively. FY22 was the highest ever. Mauritius (25%), Singapore (24%), USA (10%), Netherlands (7%) and Japan (6%) emerge as top 5 countries for FDI inflows for FY24. UK, UAE, Cayman Islands, Germany and Cyprus majorly comprises the rest. Top 5 States receiving highest FDI Equity Inflow during FY24 are Maharashtra (30%), Karnataka (22%), Gujarat (17%), Delhi (14%), and Tamil Nadu (5%). FDI will continue to play a major role in accelerated development of emerging economies. Attractive returns, the India story and investor confidence through appropriate rules, regulations and corporate governance measures remain key drivers for growth of FDI.   Source: RBI data and investindia.gov.in

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Unlocking the CFO to CEO transformation in India: Explore the thrilling corporate evolution 🚀 Stepping out from behind the spreadsheet: CFOs are taking the Indian corporate stage by storm. 💪 Imagine the finance whizz, typically absorbed in figures and forecasts, stepping into the limelight as CEO - steering the strategic helm and catapulting businesses to unprecedented success. Sounds radical? Definitely. But far from fictitious. This is the dawn of an exciting corporate era in India, rewriting the leadership narrative. 📖 Transitioning from CFO to CEO isn't leaving finance behind, but bracing for a more diverse business arena. Imagine an account-keeper transforming into a visionary architect of significant business growth - This is the stirring story unfurling in India's robust corporate ecosystem. 🇮🇳 Is this transition vital in India? In India's dynamic market, juggling economic challenges, policy changes, and fierce competition, stepping up from CFO to CEO is not just commendable – it's becoming a necessity. The traditional number-crunching is now morphing into a potent tool for strategic decision-making. 💼 How does an incremental CFO achieve this bold transformation? Firstly, **Expand Your Scope**. Adopt the leadership ethos of C.P. Gurnani, Tech Mahindra's CEO. Study every aspect of your company. Each team, every department has something unique to offer. Put on your explorer's cap and dive into your organisation. Secondly, **Refine Your Leadership Impulse**. Take a leaf out of Amitabh Chaudhry's book, the CEO of Axis Bank, for a dynamic leadership approach. Become the beacon of vision for your team - your first stride toward claiming the CEO badge. Lastly, **Foster Diverse Relationships**. Emulate R. Srikrishna, CEO of Hexaware Technologies. Nurture relationships across industries. It's more than networking; it's creating a safety net of diverse perspectives. The leap from CFO to CEO in India isn't a mere theory; it's a burgeoning reality. So, are you ready to step beyond the figures and into the boardroom? Hi, I am Asheesh Chatterjee a CA, CMA (India & UK) and an alumnus of Kellogg School of Management, I love talking about building organizations for the next level of growth and excellence #leadership #CEO #CFO #CHRO

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SEBI finally started acting on Independent Directors defaulting on their fiduciary duties. However we are still seeing companies circumventing the rotation of ID rules by appointing the exiting ID's son/wife/relative etc. as replacement #Corporate Governance

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Everything You Need To Know About ESOP #What Is An ESOP? Employee Stock Ownership Plan (ESOP) is a form of employee benefit plan designed to incentivise employees by providing them with company stocks. Employees can encash these stocks after a specific period at a pre-determined value. #What Are The Benefits Of Issuing An ESOP? #Benefits For Employees: ESOPs offer several benefits to employees such as stock ownership, dividend income and the ability to buy shares at a discounted rate. Employees can become part owners of the company, earn additional income through dividends, and invest in the company at a preferential rate. #Benefits For Startups: By offering ESOPs, startups can retain talented employees, boost productivity and attract new employees, especially in the initial stages when high salaries may not be feasible. #How Are ESOPs Taxed? Tax is imposed on ESOPs at two points: During exercise and at the time of selling shares. Exercise Of ESOPs: The difference between the fair market value (FMV) and the exercise price is taxed as salary, depending on the salary slab of the employee. Selling Shares: In this case, the difference between the sale price and exercise price is taxed as capital gains. An exemption under Section 54F allows long-term capital gains from ESOPs to be used for purchasing residential property, subject to certain conditions. #Disadvantages Of ESOPs For Startups? Managing an ESOP can be complex and time-consuming, involving tasks like plan administration, legal compliance, and documentation upkeep. This can be especially challenging for bootstrapped startups, which lack expertise and time. Another consideration is the cost, which includes transaction and setup/maintenance expenses. Despite these costs, the tax advantages and overall benefits of having an ESOP can outweigh them, making it a worthwhile option for startups. GHC Growth Lab Mittu Tigi Eldhose Johnson Ramees Ali Naseef Nazar CS Neha Maheshwari Advocate Aashima Kalra CA Shailee Chaudhary Gitta Perez AI Muhammed Bas Van Den Brande Ciril Varghese Darshil K. Divya E. Firdous Maqbool Girish Batra Varun Jain, CPA, CMA Shubham Sharma Infinity StartUp GmbH Startups Kerala Startup Mission Invest in Finland

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Decode #Budget2024 with 4 round table discussions I lead with top experts. The talks will help you unpack issues before Budget 2024 on topics both macro and micro. Understand how these issues affect you and your money. https://lnkd.in/giBDhQsP In partnership with Upstox Creative partner InOut

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Financial planning

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