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Originally posted by: TanjoreGirl
aaj taxes pe uthar aye 😆 ok this field my knowledge is -infinity 😃
gosh seriously this is really cute..
@swaram today u and me are total sync 😃
@taramira this is what happens when she ends each update on a cliff hanger ..
so me at work cant get rid of the tab and keep refreshing and typing like a crazed person whenever i get a chance i have even quit going for coffee breaks 😆
Originally posted by: swathi1990
ofcourse he has to pay taxes in India...FOr whatever income he is making from excelsior, he will have to pay for that...
In fact even people who work in U.S sometimes end up paying taxes in India as well if you invest money in India...FOr example, if you get a house in India and rent it , then that income is taxable...
Which company ??He works for two companies...He has shares in both of them...The greater share wala pays ?? Then it has to be AG,These questions are DUMB.He owns the company in Paris...Does NOT produce profits in India hence no tax payment in India.I dont know about Exelsier though
I know this part...I was talking about double taxation...Regarding AG...He has no profit emanating from India WRT AG...Exel...He pays only when he works...like since 4 months...counted under this financial year...errr the prev (Considering today as the start of a new financial year 😆 )
Originally posted by: swathi1990
No he is a shareholder of EX... SO obviously he has to pay taxes for the income as a shareholder..
Originally posted by: blue5sky
AG and Ex you mean?AG he pays ( rather AG Pays)Ex - I do remember a spat between II and RnB where she talks hinting ' baniya ki dhukkan' type corporate culture. RnB snaps back saying that unlike KMPG they have never had to lay off a single employee in 30 years.Agar aisa hai toh - business family owned hai..shaayad SPV hoga..lot of loose ends for guys like chachu to fly under the radar and ferret away money!Aur RnB NRI bhi to hoga- toh he will be taxed only on Indian income. That he probably never touches and shaayad SPV may hi hoga.My domain knowledge is not updated. Galat hai to please goli mat maro!! 😆😆Yeh sab chod chadke ab main kuch aur karti hoon.