Raj Shamani

Truth About India's Tax System: Why Honest Taxpayers Get Punished | Mohandas Pai | FO539 Raj Shamani

Checkout the ASUS Expertbook series: https://www.flipkart.com/asus-expertbook-core-ultra-store -------------- Get your hand-picked playbook here: https://www.figuringout.co/pdf/fo-539 -------------- Guest Suggestion Form: https://forms.gle/bnaeY3FpoFU9ZjA47 -------------- Design Your Own Podcast Episode: https://forms.gle/sx8iyUF9vnqhgvru7 -------------- Trying to grow your Social Media? Talk to us - https://forms.gle/sJfksjy4K3rpNnvF9 -------------- Disclaimer: This video is intended solely for educational purposes and opinions shared by the guest are his personal views. We do not intent to defame or harm any person/ brand/ product/ country/ profession mentioned in the video. Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners. -------------- Order 'Build, Don't Talk' (in English) here: https://amzn.eu/d/eCfijRu Order 'Build Don't Talk' (in Hindi) here: https://amzn.eu/d/4wZISO0 -------------- Follow Our WhatsApp Channel: https://www.whatsapp.com/channel/0029VaokF5x0bIdi3Qn9ef2J -------------- Subscribe To Our Other YouTube Channels:- https://www.youtube.com/@rajshamaniclips https://www.youtube.com/@RajShamani.Shorts 🎧 Stream Figuring Out episodes on Spotify: https://open.spotify.com/show/736rhmW7vilNgkFFo8aDz4 📺 Watch Figuring Out episodes on YouTube: https://youtube.com/playlist?list=PLE0Jo6NF_JYO5-phess8GKafKMtPv3tfZ --------------- Timestamps - 00:00 - Intro 02:54 - Tax Terrorism & How Honest Taxpayers Get Harassed 09:10 - Democracy, Bureaucracy & Corruption 15:36 - What It Actually Takes to Become a Politician 17:33 - India's Young Population & Stagnant Wages 21:45 - Akshaya Patra & Rethinking Philanthropy 23:12 - Fixing India's Broken Education System 33:16 - Running a DBT Program 35:26 - Being Called a "Servant": A Childhood Lesson in Respect 37:40 - Joining Infosys & Building Alongside Narayana Murthy 40:45 - Why Did He Read 4,000 Balance Sheets? 43:17 - India's Risk Premium & Cost of Capital Explained 50:27 - Lack of Competition & Growth Opportunities for India's Youth 52:47 - License Raj Horror Stories & RBI Red Tape 55:48 - Tax Raids, Broken Justice & the 70% Loss Rate 1:02:23 - The Five Core Functions of Government 1:03:27 - From License Raj to a $4 Trillion Economy: India's Growth Story 1:13:09 - Why Fresher Salaries Haven't Increased Since 2008 1:15:28 - Why He Finally Left Infosys After 17 Years 1:16:28 - Narayana Murthy: The Toughest Boss He Ever Had 1:19:51 - The 996 Debate & His Philosophy on Hard Work 1:24:59 - Spotting Talent & Retaining High Performers 1:32:23 - His Startup Investing Journey & Building 3one4 Capital 1:37:21 - Where to Build: AI in Fintech & Healthcare 1:42:51 - The Dark Side of AI: Security & Quantum Threats 1:45:18 - A CFO's Framework for Monthly Financial Discipline 1:52:05 - The TCS Controversy & Corporate Governance Failures 1:54:41 - When Should a Startup Hire a CFO? 1:58:26 - Karnataka & the Coming Urban Power Shift 2:02:53 - Starting Over at 17: What Would He Do? 2:07:38 - One Mistake He Would Avoid 2:09:12 - Outro --------------- In today’s episode, we sit down with T. V. Mohandas Pai, Co-founder and Chairman of Aarin Capital and Chairman of 3one4 Capital to discuss India's future, entrepreneurship, AI, governance, and what it really takes to build a successful career. We talk about why India still struggles with bureaucracy and corruption despite rapid growth, the lessons he learned from building Infosys alongside Narayana Murthy, and the habits that separate high performers from everyone else. The conversation also explores taxes, governance, startup investing, work-life tradeoffs, leadership, and whether India is truly ready to become a global economic powerhouse. Subscribe for more such conversations. Follow T. V. Mohandas Pai Here: X: https://x.com/TVMohandasPai LinkedIn: https://www.linkedin.com/in/mohandaspai/ --------------- About Raj Shamani Raj Shamani is an entrepreneur and the host of the Figuring Out Podcast. He sits down with experts, athletes, celebrities, billionaires, and world leaders to break down how they actually win: money, business, mindset, relationships, and life. He's also a bestselling author, speaker, and angel investor. His work sits at the intersection of business, psychology, and human behaviour. To Know More, Follow Raj Shamani On ⤵︎ Instagram @RajShamani https://www.instagram.com/rajshamani/ Twitter @RajShamani https://twitter.com/rajshamani Facebook @ShamaniRaj https://www.facebook.com/shamaniraj LinkedIn - Raj Shamani https://www.linkedin.com/in/rajshamani/ • • • #Podcast #FiguringOut #RajShamani #india #ai #startup #career #investing #leadership About Figuring Out Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.