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@moneyworks4u_fa We often label others as “insensitive” too quickly. In reality, many of us are simply untrained at processing feedback and end up amplifying conversations in our own heads, as if the world is against us. Perspective matters, sometimes we’re the villain in someone else’s story too

When I quit the job some people in my close circle(friends-family) kept avoiding me worried that paisa mang lega, policy bech dega. It's been over 11 years since I started Moneyworks4u but I still get this snide remarks and sarcastic comments. "Business kaise chal raha hai?"(as if they want to hear me tell it's bad), "Tumhare line mein sub zero hone ko time nahi lagta" "Inke jaise risk-hai-toh-ishq-hai wale recession mein ghar-dar bhi bech dete hai." One my 'friend' went on to the extent of telling other friends that my kids(age 8 & 13) play with their kids to 'network' so that when they grow up they will get their business. 😂 I have stopped paying attention to all this and stopped responding to their comments but it hurts when it comes from people that you think are close to your hearts. PS: It's not all bad and there are many evangelist in my close circle who have been strong advocate/brand ambassador for me. But this post is because that video stuck some raw nerve in me.

@AshishMeher7 @AshishMeher7

@AshishMeher7 Can I use my gains money for construction of a house which is on the name of my son .

One simple tax rule saved my client ₹12.5 lakh in taxes. Fully legal. No tricks at all. 👇 It's called Section 54F of the Income Tax Act. Many people miss it and pay huge taxes on their profits. Here's the simple explanation 👇 If you make Long-Term Capital Gains (profits after holding more than 1-2 years) from selling: • Stocks or equity mutual funds • ESOPs • Gold • Land or other assets (but NOT from selling a residential house) ...and you reinvest the entire net sale proceeds (full amount received after expenses like brokerage) into buying or constructing one residential house in India, you can pay ₹0 tax on those gains! (Exemption limited to gains corresponding to investment up to ₹10 crore in the new house cost – rule from Budget 2023, still applies in 2025.) Real example 👇 A startup employee sold ESOPs after listing. Sale value: ₹1.5 crore Profit (long-term gain): ₹1 crore Normal tax on equity LTCG (over ₹1.25 lakh exemption): 12.5% ≈ ₹12.5 lakh ❌ What he did: Reinvested the full ₹1.5 crore net proceeds into buying a residential house. Claimed Section 54F. Tax on gain: ₹0 Saved: ₹12.5 lakh ✅ 100% legal. Key rules you MUST follow (very important – miss any and exemption lost!) 👇 1. You can buy the new house: 1 year BEFORE or 2 years AFTER selling the old asset. OR construct it within 3 years AFTER selling. 2. Reinvest the entire net sale proceeds for full exemption. (If you invest less, only partial exemption – proportionate to what you invest.) 3. On the date of selling the old asset, you should NOT own more than ONE residential house (the new one you're buying doesn't count). 4. The new house must be in India. 5. You can buy/construct only ONE residential house for this exemption. 6. Do NOT sell the new house within 3 years of buying/completing construction (or exemption revoked, tax added back with interest). 7. Do NOT purchase another residential house within 2 years AFTER the sale of the old asset, or construct another within 3 years (or exemption revoked). 8. If you can't invest before filing your ITR, deposit the unused amount in Capital Gains Account Scheme (CGAS) in approved banks before ITR due date. Use it later for the house. 9. This is for individuals or HUFs only (not companies). 10. Current LTCG tax rate (2025): 12.5% on equity gains over ₹1.25 lakh per year. Smart strategy many middle-class people use 👇 Plan to buy a house around age 40? Start SIPs in mutual funds from age 25. Let money grow with compounding. When ready, sell investments (long-term gains), reinvest full proceeds in house, claim Section 54F – legally pay zero tax on crores of profit! Markets help you grow wealth. Smart tax rules help you keep most of it. Warning: Rules are strict. Always check with a CA or tax expert for your case. Laws can have small details. Did you know about Section 54F before? Yes / No – comment below 👇 Repost and Share this post – it can save someone lakhs in taxes! 🚀

@CAChhajed @dineshwadera Section 126 does not apply where the Act specifies a fixed sum or percentage penalty, eg 74

@dineshwadera Pls refer Section 126 - no penalty for minor breach.

If a GST Superintendent invokes Section 74, the first line of defence is to knock it out on limitation and jurisdiction. Examination of merit is secondary. Section 74 is being routinely and mechanically invoked for all kinds of GST notices. A Rs 90 RCM short payment attracting a Rs 20,000 penalty under Section 122 is not enforcement, it’s excessive, unjustifiable, and legally unsustainable. Law is not a Licence to intimidate.

@Meinthecrowd @HarishReddyRDM Congrats . You were tricked in by this shipping company. They earned 90% of this money and not the customs Brokers play both ways riding on your fear.

Exactly my experience in Hyderabad about 3 days ago. The shipping company acts as the broker and the bribe is paid to them. Paid 3.39 lakhs. Imagine the loot everyday. There is no respite because even if you say you will pay the entire (incorrect) duty, you are discouraged saying the forms will go to higher authorities, and your shipment will be stuck weeks! Such is the fear mongering. If the customs offices are audited, I am pretty sure EVERY ONE of them will be found having worth more than their income!

I would like to share a very troubling experience I had with the customs department in Hyderabad while moving my household goods from the U.S. to India. We used the services of Universal Relocations to ship our entire household items from the U.S. to Hyderabad. Upon arrival, we were charged an exorbitant amount as customs duty. Generally, for used furniture and kitchenware, customs duties are minimal. However, in our case, the officials cited certain clauses in the law to demand an unusually high duty. To make matters worse, after initially quoting this inflated amount, they offered me a “deal” pay only 50% of the duty, but strictly in cash with no receipts. With no real choice, and badly needing our furniture and essentials, we were forced to comply. Had we chosen to pay the full quoted duty, they warned that the items could be held for up to a year under various pretexts. It is extremely disheartening that such corrupt practices by customs officials continue unchecked, discouraging people from engaging in import/export activities. @nsitharaman ji, if this is the plight faced by citizens and businesses today, how can we realistically aspire to achieve our Hon’ble Prime Minister’s $10 trillion economy vision? @KTRBRS @sravandasoju

@waz_x1 @kannanrajaram @DefenceBrat @cbic_india @grok @AskPerplexity Question that you are asking is for aware ones. If a rules doesn't fit their logic they call it out on Twitter to farm engagement.

@kannanrajaram @DefenceBrat @cbic_india @grok @AskPerplexity There is no exempt on such items …one reason why would customs not impose duty on it?

My Story with Indian Customs 🛃: ऐसा कोई सगा नहीं, जिसे हमने ठगा नहीं ! - @cbic_india Back in 2018, I developed mild sarcoidosis and stepping out during the daytime became impossible due to extreme light sensitivity. Normal sunglasses didn’t help; they only block UV. The only solution was NoIR medical glasses from the US, which block nearly 98% of infrared rays and 100% of UV, protecting my eyes and allowing me to function outdoors. The glasses cost ₹18,000; but Customs still charged me 5,000, despite me explaining that these were life-enabling medical glasses, not luxury sunglasses. I had no choice but to pay. PS : in case, anyone looking for NoIR glasses due to medical conditions, let me know. I’m happy to sell now

@abhinavujj @ajayguptaca Citizens aren't aware of these intricacies nor do they make an effort towards it. On top of it tax departments by nature bring pain hence no amount of good work can bring any smiles . It's a thankless job. YT06. People are riding the tide.

@ajayguptaca This case falls under state Gst dept. How can centre Gst/ finmin in help in this case ?

Our #GST #corruption story: • Filed GST cancellation: 19/04/25 • Officer raised query: 15/05/25 • Clarification filed: 24/05/25 • Then → Total Silence After 4 months of waiting, taxpayer finally visited dept. Reply received: “Aapko pata nahi kya fees lagti hai? Cooperate karo, 10 min me approval ho jaayega. Otherwise keep visiting..” #Chennai #customscorruption is just a drop… every service bleeds citizens. @cbic_india @FinMinIndia

@EverythingAjay @FinMinIndia @RBI @dir_ed @IncomeTaxIndia @GoI_MeitY @WazirXIndia @Shrawan35 @TheWeb3CA

I request the 🇮🇳Govt. authorities (@FinMinIndia @RBI @dir_ed @IncomeTaxIndia @GoI_MeitY ) to immediately investigate this issue ASAP And @WazirXIndia do you have any answer & explanation for this ?? Video - @Shrawan35

@PrawinGaneshan Is he/ she doing something beyond rules ?

@simphiweyinkoc_ Sounds familiar to a govt job .

Observation: Nothing drains a high performer faster than realizing their reward for excellence is cleaning up someone else's incompetence.

@CRED_club @grok @grok you and elon are best.

.@grok pick one like/reply in 24 hours and CRED will pay their last credit card bill.

@getkoinx IPL

Okay, RCB did a comeback! Comment down IPL and I will send you a gift in DM. 🎁

@Diegiwkiiii @Sesh_Gopalan @TheWeb3CA Abbe bhondu. I am talking about you. @Diegiwkiiii

🚨Small Win against FakirX🚨 Singapore court asks WazirX for PROOF!! Liars are caught lying :) We have EXPOSED WAZIRX BEFORE SINGAPORE COURTS!

@iarjuntandon What about set off of btc gain with btc loss in same FY ?

The worst part is yet to come. There’s some ambiguity on this and a few experts say that you cannot offset losses from one crypto with gains from another, even in the same financial year! Made a profit on BTC but a loss on ETH? You still pay tax on BTC gains!

If you're thinking about trading crypto in India after listening to some influencers, stop right there. You need to know the harsh reality—one that most won’t tell you. Don't say later you weren’t WARNED. 🧵

@kunksed Clap clap .

The Ghosts We Inherit: India's 'New Money' Story My mother reuses tea leaves until the water runs clear. My friend's father keeps a wooden box in his closet, with carefully folded bills arranged by denomination. Another's maintains a small diary tracking every household expense down to the last rupee. These aren't quirks – they're battle scars from a generation that survived on less. We are their children. We carry their financial trauma in our wallets, even as we tap them against sleek payment terminals at craft coffee shops.

@RahulTallam @naadu_nudi govt to throw out the corporations situated around ORR. Don't let another Sachin and binny to establish another Flipkart in this city .

A Haryanvi from Reddit Bangalore discovers Padmanabhanagara 🔔 Over ah?

@nanda5355 @valueablegem How many Kw ?

@valueablegem I have enquired Tata power that cost comes around 2.6 lacs and 68k is a subsidy in Bangalore

3kw solar panel installation going on in my house... Total cost 220000.00 Govt subsidy 78000.00 Net:- 142000.00 Daily unit production 12(summer 16)

@TechDev_52 @Bobby_Axel_Rod @CryptoIim

Another 💎 My man works his tail off. You gotta follow @Bobby_Axel_Rod right?

@open4profit MATIC,SKL,BAL,CAKE,SOL

#Altcoins that you must buy in dip #1INCH #BNT #ICP #KNC #LRC #MATIC #SOL #GRT #DOT #LINK

@oddgems Congrats brother. Where did you buy it for. 01$ initially?

$UTK 100x 🙌🏼