Reborn as the richest man in India
Chapter 20 Paying taxes according to law taught by the teacher
"Qiao Ge, look, the environment here is quite good. Have you seen that island?" Gudali and Qiao Ge stood on the roof of the third floor of the office building and pointed to the east.
Qiao Ge shook his head, and he could indeed see a small island clearly.
"That's Elephant Island. The caves on it are very famous. I heard that the government has applied for a World Heritage Site. Anyway, it's a good place. It's just over two kilometers from here to the island, and you can get there quickly by boat." Li explained.
Qiao Ge knew about the Elephant Island Caves.
Elephant Island is named after a stone-carved elephant on the island.
This was considered a tourist attraction in Mumbai in my previous life.
Generally, you take a boat from the Apollo Pier on the India Gate side of Mumbai to get to the island. The island is home to India's medieval Hindu grottoes. The grottoes are broad and majestic. Most of them are dug inward from the outside of the rock, forming a series of ingenious underground temples.
In 1987, it will be approved to be included in the World Heritage List as a cultural heritage next year.
"Also, opposite is Mumbai's India Gate, which is only a dozen kilometers away. You can see it clearly. Look, there is the Taj Mahal Hotel next to it." Gudalli continued to explain.
Taj Mahal is a hotel owned by the Tata Group. It is one of the most luxurious five-star hotels in India and is known as 'the best hotel in India that symbolizes India's self-esteem and wealth'.
Standing on the roof, you have a wide view. In front of you is the Mumbai Bay, and opposite is the southern area of Mumbai city center, and of course the port area.
Due to the clear weather today, the southern area of Mumbai on the opposite side can indeed be seen relatively clearly.
The factories in Kudali are almost along the coastline, which is the outermost area.
When Qiao Ge was talking to Guda, he found that he kept shaking his head.
This is not to say that Gudalli all agrees. Many people in India habitually shake their heads and move their heads slightly from side to side when speaking.
What exactly it means depends on the meaning of what the other person said.
Around 12 o'clock, Adela came back and confirmed that the property rights here were clear and there were no problems.
"What? Does the sales contract really say 1.8 million rupees?" Gudali asked in surprise when signing the contract.
"That's going to cost a lot more tax." Adela also frowned.
Qiaogo knew what they were thinking. Normally such transactions would be paid in full in cash, so the price on the contract could be lowered to achieve tax evasion.
Everyone does it, even Adela, the lawyer, doesn't think there's anything wrong with it.
But Qiao Ge didn't want to do this. Considering the skyrocketing land prices in the future, this tax was nothing.
And when the government really uses the low land prices as an excuse, there will always be a lot of trouble.
"You pay taxes according to the law." Qiao Ge said with a smile, "When I was in school, the teacher taught me this way, so just do it. If you don't miss this amount of tax, I will pay it."
Adela persuaded again, but when Qiaogo insisted, he said no more.
In his opinion, it was too easy for Qiao Ge to make money this time. Compared with the money Qiao Ge earned, this tax was really a small amount of money.
Gudali sneered in his heart. This kid was totally unlucky. He also paid taxes according to the law. If the things he did in school were exposed to society, he would never know how miserable his death would be in the future.
Since this kid doesn't care about money, what should he care about?
It’s not like I paid for it myself.
After both parties confirmed that the contract was correct, they signed and deposited it. Qiao Ge gave Gudali 360,000 rupees on the spot, a 10% deposit of 180,000 rupees, and 180,000 rupees for taxes.
The remaining balance is agreed to be paid within one month. If the contract is broken, the other party will be compensated 1 million rupees.
The amount of compensation was set by Guda Li. He was afraid that Qiao Ge would regret it after discovering the problems involved, so he set this high amount of compensation so that he would not have to worry about this kid breaking the contract.
Qiao Ge could feel that Gudali was not so kind, and there might be something fishy about it. However, Adela didn't find anything during the property rights investigation, and he felt that he was being too careless.
For him, it is enough as long as the property rights are guaranteed and there is no mortgage.
As long as you own the land, everything else is trivial.
He was also afraid that Gudali would break the contract. If he were asked to set the amount of compensation, he could increase it ten to a hundred times based on Gudali's amount. Of course, this kind of thing is impossible and outrageous.
Both of them had their own secrets, and both had smiles on their faces.
Gudali enthusiastically invited Qiao Ge and his party to stay for a meal. Qiao Ge was naturally not polite about this, as he could save money on a meal.
"I came here and saw that it's not that remote here." Before leaving, Qiao Ge sighed, "Perhaps we can buy a few more places for warehouse rental in the future, and we should be able to make money, right?"
"Definitely." Guda smiled sharply, "If I hadn't moved the factory to Pune, I would really have such an idea as you. If Qiao Geqi really thinks so, I can help you keep an eye on anyone else nearby who wants to sell it. .”
"Oh? Anyone else wants to sell it?" Qiao Ge asked with his heart moving.
"There are some." Gudalli replied, "To tell you the truth, Pune has given a lot of discounts, so many factories that were originally here have moved there, and many sites here need to be dealt with."
"I see. But the warehouse is probably enough. I want to prepare more open space as a storage yard to stack some goods that can be stored in the open air." Qiao Ge said with a smile.
"Qiao Ge, are you planning to do other business?" Gudali asked curiously.
"I haven't thought about it yet, but I think the cost of the vacant land will be less, and even if I don't use it, I can rent it out." Qiao Ge replied, "If there is a suitable one, please ask Uncle Pease to help keep an eye on it."
"sure."
On the way back, Qiao Ge asked Ketu to recruit some people, mainly to stay here in the factory to guard and act as security guards.
I will definitely buy some cotton next, and I will store it here first. It will definitely not work if there is no one to watch it.
Since the balance had not yet been paid, Gudali did not hand over the venue to Qiao Ge, but Qiao Ge was not in a hurry.
Once Zhao Rui's deposit arrived, he would have the money to pay the balance.
From the first batch of 10,000 bales of cotton, Qiaogo can earn US$370,000. Calculated at 30%, that is US$111,000, equivalent to nearly 1.4 million rupees. The deposit should be received tomorrow.
Gudali's final payment is 1.62 million. Now he has deducted the 360,000 from just now, deducted the deposit for the temple, and then deducted the payment for Jiajiem and others to buy hair. There are still more than 300,000, which is enough to pay. The final payment is due.
Besides, the deposit for the second batch of 10,000 bales of cotton will arrive almost the day after tomorrow, so Qiao Ge really doesn’t have to worry about funding issues now.
At noon on January 17, the deposit of US$510,000 for the first batch of 10,000 bales arrived, and the bank automatically converted it into rupees.
Since Qiaogo still doesn't have access to U.S. dollars, he doesn't care about it.
If you want to do foreign trade in the future, you will need to set up an offshore company, so that foreign exchange such as U.S. dollars can be retained. If you import foreign goods, you don't have to go to the bank to exchange U.S. dollars and other foreign exchange, which will be more convenient.
Qiao Ge did not hesitate and immediately made a deposit to the cotton supplier. He had 1.4 million left, plus the original more than 300,000, he had more than 1.7 million in funds.
However, he didn't want to keep the money in his hands for too long, so he immediately called Adela to find Gudali.
Only when he actually gets the piece of land in Gudalli can he feel at ease.
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