What will you do for 15 Million.

[Emios]

applicable for companies machn.

Are you sure?

 

[Dias21]

for me only share market mcn nothing else

then its the USA sharemarket.

High profits, High risk...

 

[RealityOfX]

Buying 2 lands.
One from Kottawa, a bigger land from meepe.

 

[ChoronaSottiya]

real state investment

 

[Dias21]

Are you sure?

yeah.

you have to pay stamp duties etc.

Even for stamp duties, if you can convince the valuation department, often you will end up will less taxes.

example, I sold a land for 5 lakhs per perch in matara. selling rate at the location is 450,000 per perch

But I got the valuation department for value it at 50,000 rupees per perch. So I had to pay a small duty.

You need to know the game bro

 

[hodakolla]

then its the USA sharemarket.

High profits, High risk...

SL share market

 

[Dias21]

SL share market

wadak na bro...

Study the US, UK markets...

 

[Emios]

yeah.

you have to pay stamp duties etc.

Even for stamp duties, if you can convince the valuation department, often you will end up will less taxes.

example, I sold a land for 5 lakhs per perch in matara. selling rate at the location is 450,000 per perch

But I got the valuation department for value it at 50,000 rupees per perch. So I had to pay a small duty.

You need to know the game bro

So they don't tax on the gain?so your gain is much bigger if you value it at a low price.

 

[ROCCO-X]

By a house

 

[Moxley]

5Km radius wena hardware naththan puluwan, Naththan 15 million madi, loku idamak, capital, loku stock ona.

APPUWAGE ACCOUNT EKATA MOKADA UNE

 

[Dias21]

So they don't tax on the gain?so your gain is much bigger if you value it at a low price.

they tax on what the valuation department says...

---

APPUWAGE ACCOUNT EKATA MOKADA UNE

hardware hamathana ma bro.

Plus contruction down.

Imports limit karala goverment eken.

As I heared hardwares are down
------ Post added on Feb 21, 2021 at 1:29 PM

 

[CondomWisdom]

for me only share market mcn nothing else

Way too volatile these days. Have been successful there though.

---

then its the USA sharemarket.

High profits, High risk...

How do you buy foreign stocks? I have tried etorro sometime back but no longer accept from Sri Lanka.
Have done bit of crypto using p2p.
------ Post added on Feb 21, 2021 at 1:39 PM

 

[Dias21]

Way too volatile these days. Have been successful there though.

---

How do you buy foreign stocks? I have tried etorro sometime back but no longer accept from Sri Lanka.
Have done bit of crypto using p2p.
------ Post added on Feb 21, 2021 at 1:39 PM

trading212.com

Currently they are closed for new members.

 

[hodakolla]

Way too volatile these days. Have been successful there though.

yeah have to wait for sometime but still u can buy good stocks

 

[Myth]

Investment idea 1k , 350$ i
Payment BTC / LTC

 

[pavanruka]

yeah.

you have to pay stamp duties etc.

Even for stamp duties, if you can convince the valuation department, often you will end up will less taxes.

example, I sold a land for 5 lakhs per perch in matara. selling rate at the location is 450,000 per perch

But I got the valuation department for value it at 50,000 rupees per perch. So I had to pay a small duty.

You need to know the game bro

Don't crow about 'knowing the game' bro, if the game is about cheating the govt on taxes. You have in effect cheated the public, which includes me too. And we talk about why the govt isn't doing enough. How can they, if the public is dishonest, and not paying their dues?

 

[Dias21]

Don't crow about 'knowing the game' bro, if the game is about cheating the govt on taxes. You have in effect cheated the public, which includes me too. And we talk about why the govt isn't doing enough. How can they, if the public is dishonest, and not paying their dues?

its how the system works.. I dont know about colombo but here they will directly ask for bribes.

if not they will put a very big amount in your valuation report.

For example, if the real value in area is 1 million (selling price), they will put 1.5 million on the paper.. then you will freak out. then they will get your number call you and ask a bribe to reduce it

---

Don't crow about 'knowing the game' bro, if the game is about cheating the govt on taxes. You have in effect cheated the public, which includes me too. And we talk about why the govt isn't doing enough. How can they, if the public is dishonest, and not paying their dues?

how can goverment do enough when ministers and goverment officers are stealling?

i know one company who supply soil to the goverment construction projects

they sell soil at a rate of 5000 rupees per cube to the goverment. the market value of soil is 3800 per

apparently , the soil supply company is owned by a government department secretary

they do call for tenders, but only that specific company is finally chosen.

for each cube sold, goverment looses 1200 rupees
------ Post added on Feb 21, 2021 at 4:50 PM

 

[pavanruka]

its how the system works.. I dont know about colombo but here they will directly ask for bribes.

if not they will put a very big amount in your valuation report.

For example, if the real value in area is 1 million (selling price), they will put 1.5 million on the paper.. then you will freak out. then they will get your number call you and ask a bribe to reduce it

---

You said you got them to overvalue your land, which is sad, to say the least, as it tantamounts to permitting them to meddle. Maybe it's the way things are done there. But is it right? Ask your parents even, or your conscience.
In the case of govt ministers, their operation as you describe is wrong too. But those deeds are different from not honestly paying one's taxes.

 

[asylum]

bump.

 

[Kolama]

Bumpation