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Revealing the Truth About Kewal Ahuja: The SGF India Incident Exposed
⏲ 2:13 👁 20K
What is a Fixed Income Fund
⏲ 7 minutes 8 seconds 👁 3.4K
Equities vs fixed income
⏲ 2 minutes 59 seconds 👁 18K
8 Best Fidelity Index Funds To Buy and Hold Forever: High Growth
⏲ 11 minutes 25 seconds 👁 121.2K
Will the PIMCO Funds Ever Recover? (PDI, PTY, PDO, etc)
⏲ 8 minutes 21 seconds 👁 5.3K
The Dave Ramsey Portfolio Implemented With Low-Cost Index funds
⏲ 13 minutes 25 seconds 👁 18.1K
Our Favorite Funds for Retirement Portfolios
⏲ 12 minutes 32 seconds 👁 40.7K
If You're About To Retire, I'd Look At Wellesley Income Fund VWINX
⏲ 10 minutes 10 seconds 👁 10.7K
Abercrombie & Fitch stock soars on Q1 earnings beat
⏲ 3 minutes 40 seconds 👁 354
6 Best Fidelity Index Funds To Buy and Hold Forever (High Growth)
⏲ 13 minutes 39 seconds 👁 91.3K
Am I Investing In The Right Type Of Mutual Funds?
⏲ 6 minutes 50 seconds 👁 23.9K
CSHI - Cash Alternative ETF to ENHANCE your Income. What is your cash doing today? (+ BNDI ETF Info)
⏲ 11 minutes 56 seconds 👁 3.4K
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_revealing-the-truth-about-kewal-ahuja-the-sgf-india-incident-exposed.webp "India's franchise business market has seen tremendous growth, increasing four-fold since 2013, and is now valued at USD 50.4 billion. This boom has been fueled by a growing trust in franchise ownership as a reliable source of income, particularly during the COVID-19 pandemic, when many professionals ventured into the food and beverage industry.<br/><br/>One such franchise, Spice, Grill and Flame (SGF), was established on January 29, 2019, aiming to provide food services. SGF's founder, Kewal Ahuja, has expanded the franchise significantly, supported by strategic PR and advertising efforts. However, serious issues have emerged concerning SGF's compliance and financial practices.<br/><br/>SGF's franchisees have encountered significant challenges. The company collected large franchise fees without reporting them to regulatory bodies like the Income Tax Department and GST Council. Additionally, SGF has failed to comply with mandatory MCA filings. Both SGF and its sister company, Spice, share the same address and management, suggesting potential fund misappropriation. Spice's turnover reports contrast sharply with SGF's nil returns, raising further suspicions.<br/><br/>Specifically, SGF was formed in 2019 and appointed its first auditor on February 25, 2019. However, no financial records were submitted to the MCA for that year. A second auditor, appointed on December 31, 2020, also found no records filed for the previous year. This consistent non-compliance with MCA filing requirements for two consecutive years could lead to SGF being struck off if continued.<br/><br/>Moreover, SGF has not filed income tax returns for the past three years, despite collecting franchise fees. This omission indicates potential financial malpractice. SGF also applied for three GST numbers, two of which have been cancelled due to inactivity. The third, active in Mumbai, has not seen any returns filed since September 2021, raising questions about the purpose of GST collection from franchisees.<br/><br/>Kewal Ahuja's dual role as the Treasurer of BJYM Delhi Pradesh further complicates matters, as his political influence may impact investigations. Potential investors are strongly advised to reconsider investing in SGF due to these significant red flags and the company's track record of statutory non-compliance and financial irregularities.")
_what-is-a-fixed-income-fund.webp "Nabo Capital")
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_the-dave-ramsey-portfolio-implemented-with-low-cost-index-funds.webp "Rob Berger")
_our-favorite-funds-for-retirement-portfolios.webp "Morningstar, Inc.")
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