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Coder, maker and free spirit. Love poetry, films and travel. Left the 9-5 grind to build solo in '23. Sharing my experiences along the way.👣

India
Joined May 2010
I quit my job recently to go indie hacking full-time. Gonna do what I love - building stuff & writing.🤩 The paths are not clear yet, but the purpose is - to stay afloat while working for myself.🏊🏽‍♂️ Follow for the updates of this journey👣
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If it is not asynchronous, . . . . . . . you're doing remote work wrong! 🙅🏽‍♂️
We'll see how it goes today. #IncomeTax #India
1. As a policy, plans to discourage savings under 80C? 2. What's the goal - more spending or more income tax? 3. Why not increase corporate tax? "Revenue Secretary Tarun Bajaj on Saturday said that the old income tax regime must be disincentivised." moneycontrol.com/news/busine…
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Some context about the individual income tax.
Income Tax slabs were last changed in 2012. 80C exemption limit was last raised in 2014 to 1.5 Lakhs. 8 years of Modi Govt has burdened the Salaried Class with more and more taxes. Hope Middle Class Nirmala Sitharaman will do something for the burdened Middle Class.
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No changes in 80C, or old tax regime. As expected.🤨 >> Under the new tax regime, the individual will forego 70 deductions and tax exemptions, including HRA tax exemption, LTA tax exemption, deduction up to Rs 1.5 lakh under Section 80C and so on.
#BudgeET2023 #incometax slabs: New tax regime is default, rebate increased from Rs 5 lakh to Rs 7 lakh. Take a look at the tax slabs here: bit.ly/3YhWjHD #BudgetWithET #RisingBharat #NirmalaSitharaman
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Why 80C is important. 👇🏽
What is your favorite tax section? Chances are, 80C cause it helps you save money. In 2005, it attained its present form with limit of 1 lakh, raised to 1.5 lakh in 2014. But it is now inadequate for many Indians. It has not kept pace with inflation. livemint.com/money/personal-…
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My feelings as well, based on the the cursory glance at the major changes today. It would be interesting to see other changes in the newspapers tomorrow. #incometax ✅ Makes sense to stick to the old regime if you use deductions.
For most of us New Tax Regime is useless. Don't fall for ₹ 7,00,000. There are hell lot of restrictions. Specifically Deductions (80C etc) Exemptions (HRA Etc) Housing Loan Loss set-off Save yourself.
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A useful tool to compare your tax with the new & old regime. 👇🏽
Give this a try and let me know how it works freefincal.com/new-tax-regim…
Manish | Building, without the hustle 🧘🏽‍♂️ retweeted
#BudgetSession While we look forward to the #Budget2023 & a technology-driven & knowledge-based economy, The Digital Personal Data Protection Bill needs to be enacted at the earliest to ensure that we have adequate safeguards in place to protect the privacy of citizens of India.
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✅ Haha. True! With the "survive first, thrive later" approach, managed to get my first few dollars in the very first month after I quit. Happy money! 💸 😇 Just enough to pay the bills though...🤷🏽‍♂️
WARNING: Immediately after quitting your job to buildd a startup, expect a BIG shock when you don't see any salary credited to your account at the end of the month 😅
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Anyone in my twitter circle (from India) using Payoneer or Wise for their payments? Pls connect. I need some inputs.
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Google's LaMDA (Language Model for Dialogue Applications) is open for test registrations from today. #AI You can register here: aitestkitchen.withgoogle.com…
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Deleted a bunch of newsletters today without even opening them. 4-5 emails in a week from a single sign-up? Excess communication ≠ effective communication. 🙅🏽‍♂️
Dear content creators, I appreciate your hard work & enthusiasm, but if start receiving your email daily, I have no other option but to unsubscribe. I really don't want anyone updating me daily.🙏🏽
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As long as there are apps and appetite, cooks and techies will will have "work"! A cool, short video about #layoffs👇🏽 invidious.fdn.fr/watch?v=Nivva7G1…
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One of those Mondays, when you have so much to do, but not sure where to start, what to do. 🤷🏽‍♂️ And that sense of loneliness engulfs! 😞
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The train of hot, new technology trends making noise.🚆 Me: Watching it pass by while minding my own business, doggedly! 🐶😂
This is called survival & resilience 😉
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