Comments on: 4M’s of Management II- Money (Finance Management) http://www.pluggd.in/4ms-of-management-ii-money-finance-management-297/ We Heart Startups! Fri, 10 Feb 2012 14:53:02 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Pratap Ramamurthy http://www.pluggd.in/4ms-of-management-ii-money-finance-management-297/comment-page-1/#comment-114275 Pratap Ramamurthy Fri, 13 Nov 2009 05:30:09 +0000 http://www.pluggd.in/?p=5764#comment-114275 I am not sure Reliance is a good example to follow, because it is against the "spirit" of taxation. I believe it is all the more important to point that out to start up companies because, this when the founders are creating a corporate culture. Encouraging startup companies to find avoid taxes would set a bad trend. There are many other positive examples: for example, it is believed that Infosys has been very upright in taxation issues. I would like to see startups to follow Infosys and other companies that also aid the country economically. I also believe startups should spend their innovative efforts in making a better product,service than to find ways to avoid taxes. My two cents... I am not sure Reliance is a good example to follow, because it is against the “spirit” of taxation. I believe it is all the more important to point that out to start up companies because, this when the founders are creating a corporate culture. Encouraging startup companies to find avoid taxes would set a bad trend.

There are many other positive examples: for example, it is believed that Infosys has been very upright in taxation issues. I would like to see startups to follow Infosys and other companies that also aid the country economically. I also believe startups should spend their innovative efforts in making a better product,service than to find ways to avoid taxes.

My two cents…

]]> By: Pravin http://www.pluggd.in/4ms-of-management-ii-money-finance-management-297/comment-page-1/#comment-114222 Pravin Wed, 11 Nov 2009 14:03:03 +0000 http://www.pluggd.in/?p=5764#comment-114222 I do not agree at all that tweaking nos help any company to survive for long. One may have some short term gain but in long term it is always be harmful. I am not against finding correct ways (legal and moral) for saving taxes, innovative pricing. I think finance is not just about numbers or tax savings but it is about investing right amount at right time. Finance guy always shows money meter to entrepreneur. Finance guy shows entrepreneur how his passion or he looks like in terms of money. I do not agree at all that tweaking nos help any company to survive for long. One may have some short term gain but in long term it is always be harmful. I am not against finding correct ways (legal and moral) for saving taxes, innovative pricing. I think finance is not just about numbers or tax savings but it is about investing right amount at right time. Finance guy always shows money meter to entrepreneur. Finance guy shows entrepreneur how his passion or he looks like in terms of money.

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