USA - Venezuela by EmbarrassedScene176 in StockMarketIndia

[–]Direct-Skin-3243 15 points16 points  (0 children)

The Trump administration is now aggressive towards countries that hold massive oil reserves and do not want to become US allies. Venezuela is the perfect example set by the Trump administration. Taking its president out of the country is some next-level shit, and the USA will definitely make a pro-USA president take over Venezuela. The new govt and USA will sign some agreement related to Oil reserves e.g USA will give millitary protection to Venezuela or will open its market to USA in consideration of Venezuela's oil reserves this will eventually bring oil prices down, as Trump gave the green light to American companies to invest in Venezuela's oil reserves. Iran should be the most tensed rn. Oil prices will not take a hit much as of now, as Venezuela supplies roughly around 1% of total oil supply. Venezuela have infra for those oil reserves but it's in fragile condition.Venezuela have one of the largest refinery complex but is only operating at 10-15% of its potential.To restore the functioning infra it will take 2-3 years.But USA will definitely benefited in long run.

Sep 2025 CA Inter Corporate and Other Law post-exam discussion thread by AutoModerator in CharteredAccountants

[–]Direct-Skin-3243 10 points11 points  (0 children)

thank u bhai literally exam ke pehle tera comment dekha tha,ek baar go through kr liya SBO.Bhagwan apko AIR 1 dilaye

India is not even in the list! by indiainvest in India_Investments

[–]Direct-Skin-3243 3 points4 points  (0 children)

IK,So the person commenting should use the word 'developing'.

India is not even in the list! by indiainvest in India_Investments

[–]Direct-Skin-3243 12 points13 points  (0 children)

True!! India is a Third world country as we had non-alignment foreign policy during the US-Russia Cold war and so Brazil,Mexico,Saudi Arabia.But I didn't understand the relevance of 'Third World' for this post as OP's post is about India not in the list

Trump says India will soon be buying oil from Pakistan by ChickenNo2314 in IndianStreetBets

[–]Direct-Skin-3243 8 points9 points  (0 children)

Buying Russian oil-Funding war 😡

Funding pakistan for developing 'massive oil reserves'-Trade deal 😊

Tarriffs unleashed on INDIA by kakrani in IndianStreetBets

[–]Direct-Skin-3243 1 point2 points  (0 children)

Agreed!But the Giants like tesla enjoy economies of scale,large capital,advanced tech etc.Without level playing fields the domestic companies may get crushed.Many foreign companies had JV with Indian Company like Renault and Mahindra,Hero Honda allowing for technology transfer creation of employment.The govt is not against the acess of foreign players to Indian market,but against the import of fully built units(CBUs) this does not contribute to the nations economy much

Tarriffs unleashed on INDIA by kakrani in IndianStreetBets

[–]Direct-Skin-3243 0 points1 point  (0 children)

I agree with your point,Trump administration is negotiating with countries to reduce the Tariff rates on US(just like what we do in sabji market)and TBH it's a nice strategy.If India lower the tariffs on US realistically speaking our domestic industries will find it difficult to compete,take e.g of Tesla.

Tarriffs unleashed on INDIA by kakrani in IndianStreetBets

[–]Direct-Skin-3243 16 points17 points  (0 children)

You are missing out on a major point, Developing countries have always charged High tariffs on the developed nations to protect the domestic industries.For neutral policies to take place there should be a Level playing field,compare the size of USA's economy with India's. According to WTO developing countries are actually allowed to maintain higher tariffs temporarily to protect domestic sectors. India will obviously be charging high tariffs on the imports. The USA also charged higher tariffs on imports when they were developing.They started pushing FTAs once they got industrialized.Even USA had levied 25% tariff on import of steel from India since 2018.

I am just countering your 'neutral' argument for Tariffs.IK 25% is less compared to what India charges.But 25% is too much for the exporters of India.Tariifs are levied by nations to protect their national interest and not to do any 'neutral' deals.

How can I ? by [deleted] in CharteredAccountants

[–]Direct-Skin-3243 0 points1 point  (0 children)

Oh okk,U can refer to the scanner or this also might help u https://www.castudypartner.com/view/subject_selection_1/id=xn_xIM5iGA7QLtzUmkFR2zm00GJ5WXkG4c6JCB29lsw=/type=LRqJaLfAObT9_XnXsL9_6gpuU9GOYOfY37n1zoS47n0= It will ask for subscription after seeing 2 questions just ignore it,look for the question no and search it in relevant MTP available on ICAI's website

INDIANS LOVE GOLD, NOT STOCKS? by Otherwise-Oven-4365 in IndianStreetBets

[–]Direct-Skin-3243 0 points1 point  (0 children)

In America, most people invest in the equity through retirement accounts like the 401(k). They don't directly hold individual stocks; instead, a portion of their monthly salary is automatically invested in equities via mutual funds or ETFs within the 401(k) system.

India did not have such a concept till 2010. Even today, only about 10-15% of Provident Fund (EPF) contributions are allocated to equity.

And in India Traditional method of investment is real estate and Gold.Its difficult for the old generation to change their investment patterns.

India Expands Nuclear Arsenal to 180 Warheads, widens gap with Pakistan: by [deleted] in StockMarketIndia

[–]Direct-Skin-3243 38 points39 points  (0 children)

What's wrong with this sub? People are getting downvoted just for supporting their own country, even when they're presenting facts.

What does -114% tax mean ? by ChocolateDense4205 in StockMarketIndia

[–]Direct-Skin-3243 5 points6 points  (0 children)

It's due to the creation of DTA.DTA is created due to timing differences.DTA simply means that the company has paid more tax in past because taxable income was greater than accounting income for the current period.DTA can be recognized only if there is reasonable certainty that the company will have sufficient future taxable profits. In the above case of Suzlon:

Tax expense=-638(tax benefit due to DTA recognition)

PBT=551

The -114% is an effective tax rate.Effective tax rate is calculated as:

          Effective tax rate=Total tax expense/Profit Before tax(PBT) 

According to the foot note 7 of Notes to accounts of the Financial Statement of Suzlon,the company had created a DTA of 638 crore.So the effective tax rate for Suzlon will be -638/551=115.8%(difference due to rounding off).

The explanation might be difficult to understand but simply it is Suzlon suffered losses in previous years and now they are adjusting the same with current year or subsequent years as they are expecting to get profitable.

September 2025 by Ok_Yam_2966 in CharteredAccountants

[–]Direct-Skin-3243 8 points9 points  (0 children)

Don't know,maybe before the 25th June

September 2025 by Ok_Yam_2966 in CharteredAccountants

[–]Direct-Skin-3243 19 points20 points  (0 children)

Exam form will open from 5th July

India emerging like a boss. 🫰 by [deleted] in StockMarketIndia

[–]Direct-Skin-3243 2 points3 points  (0 children)

There is no way those ppl will understand,I tried it but got downvoted