Costly Tax Mistakes Startups Make | CA, Partner KPMG, Dhruva Advisors, Founder & CEO Tax Compaas, Ajay Rotti

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Mindset and System

Vivek Pathak

38 episodes

1 day ago

Mindset & System is a podcast hosted by Vivek, which focuses on understanding what drives successful professionals and entrepreneurs to take risks, overcome obstacles, and ultimately succeed. Vivek is himself an Entrepreneur, a Partner at India's Largest Consulting Firm Redseer and a Graduate of the prestigious IIT Roorkee.

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All content for Mindset and System is the property of Vivek Pathak and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

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Costly Tax Mistakes Startups Make | CA, Partner KPMG, Dhruva Advisors, Founder & CEO Tax Compaas, Ajay Rotti

Mindset and System

1 hour 40 seconds

2 years ago

Costly Tax Mistakes Startups Make | CA, Partner KPMG, Dhruva Advisors, Founder & CEO Tax Compaas, Ajay Rotti

Welcome to another powerful episode of the Founders Mindset Podcast. In this episode we have with us Ajay Rotti, who has just started this amazing venture Tax Compaas, with a vision to help startups handle their Tax issues. Ajay is an industry veteran, with more than 2 decades of experience in this space. He has been a Partner at KPMG and the founding Partner at Dhruva Advisors. In this episode we will try to understand from him what are some of the critical tax mistakes startups usually make, and how can they be avoided. ********* Ajay on Linkedin https://bit.ly/foundesrmindset_ajay Book Recommendation: Ride of a Lifetime https://amzn.to/3N912HD Gears/Softwares used for the podcast: 01 Software for Recording Riverside App https://bit.ly/riverside-vivek 02 Gears for Podcast Podcast Mic - ShureMV7 https://amzn.to/405gHgr 03 Gears for Podcast Podcast Camera - Sony ZV1 https://amzn.to/3Zjq5vP 04 Gears for Podcast Webcam Option https://amzn.to/3LH1ehZ 05 Gears for Podcast Video Light https://amzn.to/404lM8u 06 Gears for Podcast Softbox for Light https://amzn.to/3n92zUM 07 Gears for Podcast Tripod for Light https://amzn.to/3FEl4XI 08 Gears for Podcast Tripod for Camera https://amzn.to/3LzeiWS 09 Gears for Podcast Table Arm for Mic https://amzn.to/3FEk8Cl 10 Software for Music Epidemic Sound https://share.epidemicsound.com/xuhaf2 Subscribe to my weekly newsletter: https://buildthatmindset.substack.com/ ****** Chapters 01. Sneak Peek 00:00 02. Introduction 00:41 03. Life in Bangalore 1:38 04. How Harshad Mehta made me a CA 3:12 05. Engineering or CA, which path is better? 6:42 06. 2 Most important meta skills I learned in 2 decades 9:01 07. Key Learnings as an entrepreneur 11:31 08. How to overcome financial risk when starting up? 14:36 09. Tax evasion is a thing of the past 18:07 10. How to build your initial team? 27:05 11. How to win initial clients, build revenue, using Personal Brand? 29:29 12. Important steps to consider before starting up, from tax perspective 31:46 13. When to hire a CA for your startup? 36:47 14. Tax considerations for startups to keep in mind 44:36 15. Most common mistakes startups make in India 50:32 16. 3 Tips for Aspiring Entrepreneurs 55:00 17. 3 Tips on Taxation 56:20 18. Book Recommendations 58:30