Viral link to LinkedIn claims that Zeroda co-founder Nitin Kamat has gifted over 20 luxury cars to his top employees in 2023. The finance educator has spent his way in a genius move in “strategic compensation”. Everyone loved it. Smart boss. Cool tip. Tax savings.
There was only one problem.
Interest says it has never happened.
“What!
Commented interest, excluding speculation in one line.
But not before the announcement has already sparked a complete discussion of wealth, taxes and art of rewarding top performers.
Here’s what initially wrote the states:
“In 2023, the Indian billionaire nitin from Zeroda Nadari over 20 luxury cars to top employees.
No bonuses. BMWS. Audis. Mercedes. “
She framed the alleged bidding not as extravagance, but as a strategic financial move.
“A car, gifted as a non-malicious way, often attracts lower salary taxes,” wrote Shreshi.
“The depreciation of the asset? Yes. But when it is purchased under a company, it can be claimed as an expense.”
“No dividend tax. There are no esoly documents. There is no annual chaos for tax reporting.”
“And more importantly – emotionally unforgettable in the way there is no payment.”
It paints a picture of a new time-time compensation book that intersects emotional impact, tax efficiency and retention.
“While the middle class counts on estimates at the end of the year, ultra -rich build loyalty and transmit money in ways that are smart, legal and… well, parked on the highway.”
“This is not just giving.
This is strategic compensation. “
“It is not about larger bank accounts.
Sometimes it is about knowledge of how to spend smarter – and let them all smile. “
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