INDmoney

*If you’ve ever applied for a PAN card, chances are this company helped issue it.* Today, this company tanked *20%* on the stock market. Here’s the story of *Protean eGov* and why investors are suddenly worried 🧵 Protean eGov Technologies (earlier NSDL e-Governance Infra) has been a silent enabler of India’s digital infra since 1995. From *PAN to Aadhaar to the National Pension System*, this company touches nearly every Indian's life. The company is a Digital Public Infrastructure (DPI) player. It helps govt services go paperless at population scale. *So, what happened today?* The Income Tax Department *did not select* Protean for its PAN 2.0 project. Despite earlier indications of strong positioning, they have been eliminated from the RFP process. As a result, the *stock hit a 20% lower circuit.* Why PAN 2.0 matters: Read more: https://x.com/INDmoneyApp/status/1924476369116811446

These companies earn the *highest profit per day* in India 👆 _*Assuming 252 working days in a year_

5G is here, but 2G isn’t gone. *Did you know about 9 crore Indians are still using 2g?* Fast lane or slow lane, where are you?

*Zomato* is now charging a “long distance service fee” for deliveries beyond 4 km. *Amazon Prime Video* has started showing ads, unless you pay extra for an ad-free experience. There’s a word for what’s happening here: *Enshittification* It explains how platforms get progressively worse for users over time. Let’s break down why this is spreading and what it means for the apps we use every day 👇 . . . https://www.linkedin.com/feed/update/urn:li:activity:7331320566500548608

📌 The US House just passed a new bill called *The One Big, Beautiful Bill* (H.R. 1). It includes a new provision: a *3.5% tax* on money transfers abroad by non-US citizens. But what does this mean for Indians investing in US stocks? 👇 First: *No, this does not affect* Indian residents investing in US stocks from India. This 3.5% tax targets remittances (sending money to family/friends) and *not investment withdrawals*. 👉 *What is “The One Big, Beautiful Bill”?* It’s a sweeping 1,100+ page tax reform package reflecting Donald Trump’s economic vision. This includes tax cuts, spending shifts, and this new tax on outward remittances by non-citizens. 👉 *The new rule* A *3.5% tax* will be collected by banks/remittance services when non-US citizens send money abroad. Even *H-1B visa holders* and green card holders are included. US citizens/nationals are *exempt* (if verified via official channels). 📌 The US House just passed a new bill called *The One Big, Beautiful Bill* (H.R. 1). It includes a new provision: a *3.5% tax* on money transfers abroad by non-US citizens. But what does this mean for Indians investing in US stocks? 👇 First: *No, this does not affect* Indian residents investing in US stocks from India. This 3.5% tax targets remittances (sending money to family/friends) and *not investment withdrawals*. 👉 *What is “The One Big, Beautiful Bill”?* It’s a sweeping 1,100+ page tax reform package reflecting Donald Trump’s economic vision. This includes tax cuts, spending shifts, and this new tax on outward remittances by non-citizens. 👉 *The new rule* A *3.5% tax* will be collected by banks/remittance services when non-US citizens send money abroad. Even *H-1B visa holders* and green card holders are included. US citizens/nationals are *exempt* (if verified via official channels). If you're an *Indian resident that sells US stocks* and transfers funds from a US brokerage to an Indian bank. ✅ This is considered investment repatriation ❌ Not subject to the 3.5% excise tax *What’s next?* The bill has passed the US House, but it’s not law yet. It must still go to the Senate, and then be signed by the President. *Only then will it come into effect* We've covered this extensively on our blog. To learn more about the tax implications from this 'Big, Beautiful Bill', check it out below👇 . . https://www.indmoney.com/blog/us-stocks/big-beautiful-bill-no-tax-on-us-stock-withdrawals

*The Leela Palace*, India's most luxurious hotel chain, is raising *₹3,500 crore via its IPO*. Yes, that Leela Palace, the one known for luxe rooms, regal service, and Instagrammable domes. But does luxury equal a good investment? *Let’s unpack the numbers, the risks, and what investors should know* 👇 . . . https://www.linkedin.com/feed/update/urn:li:activity:7332779002027278337

These *AMCs are holding the most cash*. Do you hold any funds from these players in your portfolio? 👆

*BSE stock “crashed” by 65% today* That’s what the numbers showed. But it was a planned move, with a *bonus issue*. Here’s the full story. And why it actually matters for investors. 🧵 👉 Let’s start with the basics. Imagine you own 1 *pizza*. It’s worth ₹3,000. Today, someone gives you 2 extra pizzas, free. Now you have 3 pizzas. But here's the twist, each is now worth *₹1,000*. Same total value. Just more slices. 👉 That’s what happened with BSE. It issued a *2:1 bonus*. This means, for every 1 share you held. You got 2 additional shares, free Your share count triples, but the price adjusts. The total value is the same. *You just have more units.* Before the bonus, BSE was trading around ₹7,015 *Know more here*: https://x.com/INDmoneyApp/status/1925908009928073684

*Airtel vs Jio* Let’s see who’s winning the telecom battle ☝️