1/10
âThere once existed 97.75% income tax
In 1970-71, personal income tax was spread across 11 slabs, with the highest bracket attracting 85% tax. Together with a surcharge of 15%, the marginal rate of income tax reached an whooping and now unimaginable 97.75%! Over the last 50 years, the tax slabs have reduced to 3 with the maximum bracket attracting 30% tax at present.
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2/10
âThe Infosys Technologies IPO was undersubscribed
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3/10
âMonth-long wait for trade settlement
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4/10
âTax rates on gold depend on how you invest
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5/10
âWarren Buffettâs net worth was once just 0.3% of current value
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6/10
âAppleâs m-cap beats that of all BSE 500 companies
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7/10
âTax came in the way of too much equity/retirement investment
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8/10
âAnil Ambani was once richer than Mukesh Ambani
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9/10
â2020 saw the most public equity fundraising ever
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10/10
âThe UTI Mastergain 92 craze
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