How is carry received from overseas PE firms handled w.r.t. tax laws in India?

Anyone has any experience?

I’m 25 and have found a duplex I’m considering purchasing as a rental property. Planning on renting both units and have the cash to make the down payment without an issue. My cash flow analysis has a payback period of 3 years for my down payment and a 13 year payback period for the whole investment. I think financially it makes sense. My question is, is it realistic for a 25 year old young professional to handle dealing with all the extra curricular’s that come with owning a rental property ?

Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

I have not filed 2017, 2018, 2019 return as my total income was less than threshold

Is it possible to file return for 2017 , 2018, 2019( all r in refund) now without paying any penalty?

Should I lump sum $150k into the market or DCA? Just looking to grow the money, no other short term plans.

Who all is looking to buy a house and in what area?

I maxed out my Roth IRA contribution thinking I'd be safe from the income limits however my wife brought way too much $$$ than anticipated this year. It's a good problem to have but not sure what I need to do with my Roth IRA for the year 2021. Impossible to get a hold of Merrill to discuss options.

Are most of people in this bowl from a science background or coming from a finance/impact investing perspective?

Is an IPO in anyone’s FIRE strategy? Maybe this is specific to the Bay Area, but it doesn’t seem that unrealistic to negotiate enough equity to make $1.5 mill off an IPO. Or maybe I’m dreaming 😂

Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

Any suggested reading / books that one can use to learn options trading? Experienced investor, who wants to get into options.

Associates - Care to share your rough budgets (income, spousal income/family support, rent, monthly spending, student loan payments, savings, etc.)?

Is it mandatory to declare income tax in CGI.Otherwise they will cut extra tax?

Dear All,
I am seeking suggestion, Recently started fishing business.
Presently nothing is on paper and it done same as farming… catching and selling locally in market, We have also employed 26 people to work on trawler for fishing.
Is there any way to register firm to take some investments from market/banks

US Grand Prix at COTA officially renewed to 2026. Any idea when deposit holders normally hear from COTA/Fevo?

Any good book recommendations for profitability and performance management for banking industry? Or books on best practices for calculating economic capital?

Anyone use the Apple Card to buy iPhone on monthly installments and submit Apple statements for the cell reimbursement? Or do we have to buy phone through cell carrier?

Marriott or SPG credit card (for the sign on bonus)?

How to change bank account to receive salry I currently have HDFC want to change it AXIS

Can anyone refer me to any openings for Oracle Fusion/EBS Finance Functional role ?

Which bank account is better for salary account?

HDFC
Axis

Can someone offer some advice on how to potentially join finance transformation at the Big 4?

Hi all ,
I have 2.8 years of experience in JavaScript development (react , node ) and CTC of 5.25 lpa .is it okay in terms of industry standard ?how can I make my package better ? .How does a react developer get into higher-paying product firms?

Hi Fishes,

Can someone DM on the process of healthcare consulting companies approaching the pharma clients for business

Thanks

How is Beghou Consulting? In India? As a brand and stable company?

In light of everything that is going on, I would like to quote a simple yet powerful line from Prophet Mohammad (SAW) last sermon, in which he (SAW) says:

“A white has no superiority over a black nor a black has any superiority over a white – except by piety and good action.”

Hi All ,

Looking for referrals .Exp:10+ yrs,
Tech stack : ML/Python/AWS/Mlops.
Please let me know if anyone can help

Why are there so many job postings that I have applied for but nothing happening? Are the jobs that are posted truly open? I know we are in 4th quarter and wasn’t sure if corporation’s like to hire then?

So can we claim the trophy of being the worst of big 4 now? Not to brag, but I think we are kind of in the lead here 🌝

Any ESG teams or organizations working on carbon capture technology?

What is happening? Projects having budget problems and then cancelling the projects, teams moving to bench because of that

This question is for the project manager/resource manager. Project allocation will be done based on band or based on package in TCS

Any place in the chicagoland area to get soup dumplings that compare to Joe’s Ginger/ Joes Shanghai in NY, i’ve tried Ming Kee and Qing Xiang Yuan. they aren’t even close

Anyone heard of Ten Oaks Group? What's the company about?

Hi everyone. Need guidance on entering private equity sector. I am a CA and CS. Currently working at PwC SDC in assurance. Any guidance will be very much appreciated. Thanks!

To keep this bowl productive, please post your questions here, PE is a small industry (by head count) in India, we’ll try to answer your queries at the earliest.

I don't have much experience, but want to get my foot in the door in the VC space. What do you recommend?

Found an interesting report on VC funding in India by Bain. Link in the comments

Hi everyone,

I have recently joined a VC firm as portfolio analyst. Would like to know how I can grow in this firm, help this firm grow, how a portfolio department help the startups under them, how the department my more effective like what more processes we can build and what I should definitely learn from a VC.

My aim is to be able to help startups grow, to be able to advise them and all, and be able to understand the investment part as well.

Looking forward for your replies.

Thank you.

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Drop a piece of advice or wisdom that has seriously helped you in life or career!

Help another user and pay it forward. 👇

I work as an Equity analyst on the buy side. I am thinking of exploring the PE world post my exposure to listed equities. How easy or difficult would it be to get into the investment team in a PE.
I have 3 yrs experience as equity analyst post my MBA

Hello fishes..
Looking for corporate development/ investment analyst jobs.. Any help will be appreciated.

Hello Everyone ,

Please can you recommend any firms for CA industrial training in the field of PE AND VC

TIA

Any Private equity/Venture Capital (VC's) hiring right now?

I'm a CA with 5+ year M&A consulting experience in a reputed management consulting firm providing financial diligence, Restructuring and investment advisory services across different sectors!

Can anyone tier the domestic pe funds in india and opps to move from domestic to global funds

What kind of ML/AI work happens in PE and VC firms, if any? I've been trying to get some understanding around, but there's not much shared except some marketing funda.

Can someone give an overview of what working in the PE space is like? Work-life balance, opportunities, networking, exit options, pay

Can anybody refer me for Entry level Fund Accounting role? Currently I'm pursuing MBA in finance (final year) and have an experience of 1.5 years in US Accounting and undergone Investment Banking Internship of 3 months.

I’m Launching a podcast on early stage startups and venture investing with a very dear friend of mine, this week. Any particular topics you’d like us to cover?

Looking forward to reading your responses 😀

Would be very helpful if folks in this group can share details about any recent openings at their VC firms.

I am currently in consulting (ZS Associates) from the last 2years and I am looking for opportunities at an analyst/associate level at a VC firm.

Is a move to PE from MBB worth it?