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X @Nick Szabo
Nick Szabo· 2026-02-06 00:29
RT Retard Finder (@IfindRetards)Tim Walz says Australia gave up their guns and are "Just as free as we (USA) are"Bro. I don't even know what I'm allowed to say or post without getting arrested. Currently not allowed to protest in Sydney city. Not allowed to call people names or use offensive language. Pay 47% tax, GST, CGT, 51.6 cents per litre tax on fuel. Interest rates just went up, a shitbox house costs min $1m. That ain't freehttps://t.co/aoEueIPcjz ...
Vodafone Idea’s ₹35,000-crore loan bid faces fresh lender scrutiny
MINT· 2026-02-05 00:00
Core Viewpoint - Vodafone Idea Ltd is facing significant financial challenges, including high spectrum dues and subscriber losses, as lenders evaluate its request for a fresh loan of ₹35,000 crore [1][5]. Financial Situation - Vodafone Idea's total debt stands at ₹2 trillion, with AGR dues of ₹87,695 crore and deferred spectrum payment obligations of ₹1.25 trillion as of December 31 [7]. - The company owes ₹1,126 crore to banks as of December 31, and it raised ₹3,300 crore through a subsidiary via non-convertible debentures during the December quarter [6]. Subscriber Losses - The telecom operator has lost 7 million subscribers since the techno-economic viability (TEV) study was conducted, bringing its total mobile subscriber base down to 193 million [4][21]. - Vodafone Idea's average revenue per user (Arpu) is ₹172 per month, significantly lower than competitors Jio's ₹213.70 and Airtel's ₹256 [4][5]. AGR and Spectrum Dues - The Supreme Court's ruling has frozen Vodafone Idea's AGR dues, allowing the government to reassess these obligations, which is crucial for the company's financial viability [8][10]. - The company has spectrum payment obligations of approximately ₹49,000 crore over the next three years, with instalments of ₹7,000 crore, ₹15,000 crore, and ₹27,000 crore planned for each respective year [12]. Future Plans and Growth Strategy - Vodafone Idea has announced a ₹45,000 crore capital expenditure plan over the next three years, aiming for double-digit revenue growth and a threefold increase in EBITDA [13][14]. - The management is optimistic about raising ₹35,000 crore in bank debt, including ₹10,000 crore in non-funded debt, to support its operations and growth plans [16]. Market Position and Competitive Landscape - Analysts express concerns about Vodafone Idea's ability to compete effectively in a market dominated by Jio and Airtel, especially given its lower Arpu and ongoing subscriber losses [19][20]. - The company has been losing approximately 15-16 million customers annually over the past six years, with 5.3 million losses reported this year alone [21][22].
X @Decrypt
Decrypt· 2026-02-02 09:58
No Relief For Crypto Investors As India Retains Current Crypto Tax In Budget 2026https://t.co/r1flCGGBms ...
X @Bloomberg
Bloomberg· 2026-02-02 07:45
High-frequency traders in India are set for weaker profits after the government proposed a tax hike https://t.co/6RLPvinf65 ...
X @Forbes
Forbes· 2026-02-01 08:00
Forget the hacks and social media shortcuts promising unbelievable tax results. A former IRS insider explains the real traps that could trip up taxpayers this filing season—and how to avoid them: https://t.co/cYWGus3TrYIllustration: Scott Olson via Getty Images https://t.co/yFqOMGs5L7 ...
Tax Breaks You Might Miss in 2026 (and How to Find Them)
CNET· 2026-01-30 00:27
Your 2025 tax return could look different this year thanks to several tax law changes. Before you file this season, don't miss these new deductions, which could make your refund bigger. First up, there's no tax on qualified tips up to $25,000.According to the IRS, more than 6 million workers report tipped wages. And if you're working extra shifts, your first $12,500 in overtime is now tax-free for certain workers. Buy a car last year, you can now deduct up to $10,000 in auto loan interest.Eligible vehicles ...
Inherited IRA Rules Explained | 5 Questions With Fidelity | Fidelity Investments
Fidelity Investments· 2026-01-29 16:45
It’s common to inherit an IRA, yet many people aren’t fully aware of the impact it can have on their taxes. This episode of 5 Questions with Fidelity will help you understand the rules surrounding this type of inheritance. Key Takeaways: - With inherited traditional IRAs, withdrawals are generally taxed at the beneficiary’s ordinary income rate. With an inherited Roth IRA, however, the beneficiary generally does not pay income tax on qualified withdrawals, provided the account has met the five-year holding ...