Charles Assisi

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Charles Assisi

Charles Assisi

@c_assisi

Writing Ninja. Co-founder Founding Fuel (big ideas, big convos). Columnist Hindustan Times (debate starter). Co-author of The Aadhaar Effect

Katılım Ocak 2009
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Charles Assisi
Charles Assisi@c_assisi·
Keep in touch with your friends. The RoI is invisible: no quarterly results, no candlestick charts screaming “buy on dip,” no analyst upgrading the relationship to “outperform” with a target happiness multiple of 12x. Yet watch what happens: a five-minute call here, a stupid meme shared there, an unplanned coffee that stretches into three hours of absolute nonsense. Day after compounding day, the invisible hand isn’t Adam Smith’s — it’s the slow, stubborn alchemy of affection quietly stacking itself in the background. Meanwhile, the stock market participants (you know the tribe — the ones who check their portfolio before brushing their teeth and pronounce “volatility” like it’s a personality trait) chase visible returns with religious fervour. They’ll scream about black swan events, debate Fed dot plots at dinner tables, and treat every 200-point Nifty swing as a referendum on their entire existence. And then, one quiet Tuesday, the friend they haven’t called in 18 months because “market hai yaar, time nahi mila” sends a message that begins with “remember that time…” and ends with something that makes their chest feel lighter than any circuit-breaker rally ever could. That, ladies and gentlemen of the trading terminal, is compounding — the kind that doesn’t care about circuit limits, doesn’t get halted for excessive speculation, and pays dividends in a currency no broker can quote. The market may give you CAGR. Friends give you compound happiness. Guess which one shows up when the charts turn red and the margin calls start singing? Call someone today. Before the next expiry Thursday distracts you again
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Nitin Sethi
Nitin Sethi@nit_set·
If I claim, I saw @shashj sitting on a carpet woven with threads of hate, professional incompetence and hubris, while tweeting this, and @shashj cites it without verifying it independently, it is not first-hand evidence. It's hearsay. With or without a fog of war to use as a bad excuse later. This is journalism 101.
Shashank Joshi@shashj

@owenjonesjourno My post was based on what was then reported as first-hand evidence, from the sources below. I explained that at some length at the time. cbsnews.com/news/israel-ba… economist.com/1843/2023/11/0…

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Charles Assisi
Charles Assisi@c_assisi·
Bengaluru IT officer: audits tax evaders for a living Also Bengaluru IT officer: hands over 194g gold + 1.3kg silver to a fake parrot astrologer for “career growth rituals” 😂🦜💸 Started with ₹50k cash. Ended with ₹20L+ in parrot pujas. Police arrested the guy & recovered most loot. Moral: If even the Income Tax dept falls for roadside parrot predictions, what chance do the rest of us have? 🤡 Who’s auditing the parrots next? Tag your smartest friend who’d still fall for this ndtv.com/bangalore-news…
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Charles Assisi
Charles Assisi@c_assisi·
Trying Pronto for similar requests. More responsive so far. Early days, will wait and watch.
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Charles Assisi
Charles Assisi@c_assisi·
So, here’s the thing. @urbancompany_UC sells “convenience packs.” Needed service today. Earliest slot: tomorrow. So what exactly did I prepay for—convenience, or a place in a queue? 🤔
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Steve 🇺🇸
Steve 🇺🇸@SteveLovesAmmo·
An audience member came on stage to tell a joke, and he absolutely nailed it 😂🤣🤣
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Atul Bhide
Atul Bhide@bhideatul·
Wonderful observation @c_assisi put it so beautifully. Reading your articles is a journey of discoveries for us & is always such a joy. Thank you for making my Sunday morning! @htTweets @HT_Ed
Atul Bhide tweet media
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Charles Assisi
Charles Assisi@c_assisi·
🔁 A genuinely brilliant thread. We talk about tax rates. We rarely talk about tax behavior. The law is static. Human decision-making isn’t. Those who question assumptions compound advantages; those who don’t subsidise them. The delta is cognition.
Sanjay Kathuria@sanjaykathuria

Same country. Same tax laws. Different understanding. Why are you paying 30% tax while the rich pay much less? Let me show you what they know that you don't 👇 1/ GIFTS TO FAMILY - Section 56(2)(x) Aishwarya Rai Bachchan reportedly gifted Aaradhya: A red BMW Mini Cooper S A Dubai holiday home (₹50+ crore) Tax paid? ZERO. Under Section 56(2)(x): ✓ Gifts from parents to children = tax-free ✓ No limit ✓ Even luxury assets allowed Not a loophole. It's written in law. 2/ LLP STRUCTURES Virat Kohli & Anushka Sharma operate through LLPs. Why? ✓ Income can be split between partners ✓ Profits taxed at firm level (lower rates possible) ✓ Business expenses like equipment, staff salaries, investments are all deductible Tax efficiency at scale. 3/ HUF (Hindu Undivided Family) Adani family uses HUF structures. HUF = separate tax entity. Benefits: ✓ Separate basic exemption (₹2.5L) ✓ Separate 80C benefits (₹1.5L) ✓ Separate capital gains calculation One family. Multiple tax files. Lower overall tax liability. 4/ AGRICULTURAL INCOME - Section 10(1) MS Dhoni's 40-acre Ranchi farm grows: Dairy Poultry Fruits Vegetables Under Section 10(1): Agricultural income is FULLY EXEMPT from tax. His farm isn't just growing strawberries and dragon fruit. It's growing tax-free income. 5/ BUSINESS EXPENSES Tanmay Bhatt buys a camera → business deduction, reduces taxable profit You buy the same camera → personal expense, no deduction Why? Because he runs a business. Creators, founders, consultants can deduct: ✓ Studio rent ✓ Equipment ✓ Software subscriptions ✓ Travel expenses ✓ Team salaries All of these reduce taxable profit. THE PATTERN: Same country. Same tax laws. But the wealthy structure their income differently: You earn salary → 30% tax They earn through LLPs → lower effective rate You buy assets in your name → full tax exposure They gift within family → zero tax You have one PAN → one tax slab They have HUF → multiple tax slabs IS THIS ILLEGAL? No. Everything mentioned here is 100% legal and within IT Act provisions. The difference? Knowledge. Most salaried people don't even know these structures exist. WHAT YOU CAN DO: You don't need to be a billionaire to use these. 1. Form an HUF if you have a family 2. Gift assets to spouse/children (tax-free) 3. If you freelance/consult, consider LLP over proprietorship 4. Claim all deductions properly (80C, 80D, HRA, etc.) 5. Hire a good CA, not just a tax filer THE REAL LESSON: The tax system doesn't discriminate. But information does. While you're busy earning and paying 30%, someone else is structuring income across HUFs, LLPs, agricultural income, and family gifts. Same laws. Different strategies. Massive tax difference. Now you know why they pay less. Save this thread. Share it with someone who needs to see it. RT if this opened your eyes 🔄

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Charles Assisi
Charles Assisi@c_assisi·
We’ve turned joy into a project plan. We book it, schedule it, and then travel 2,000 miles just to find it—only to realize we’re just managing an itinerary, not an emotion. In this brilliant reflection, @hchawlah on @FoundingF, he dissects the "arithmetic of postponement." We treat the ordinary day as mere connective tissue between vacations, forgetting that attention—not geography—is the real substrate of happiness. It’s a reminder that the most radical thing you can do in a high-speed world is to give a cup of tea twenty unhurried minutes. Stop sprinting toward the next exit. Read this to understand why the happiness you’re looking for doesn't require a boarding pass. 👇 #Mindfulness #FoundingFuel #PhilosophyOfWork #SlowLiving #HareshChawla
Haresh Chawla@hchawlah

If you are planning your next vacation, you may want to read this 😀 The Happiness We Keep Postponing. foundingfuel.com/article/the-ha…

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The Night Warrior
The Night Warrior@WarriorNight007·
In the early 1990s, while filming Mrs. Doubtfire in San Francisco, Robin Williams made a quiet request. He asked the crew to hire a few people from a nearby homeless shelter. No press. No explanation. He didn’t want anyone to know why. Later, an assistant director revealed that Robin did this on every film. He insisted that at least ten people from shelters be given jobs—catering, cleanup, production help. By the end of his life, nearly 1,500 people had worked because of him. One man hired on Mrs. Doubtfire said, “He treated me like I’d been there forever. Joked with me every day like we were old friends.” Robin never talked about it. Others did—after he was gone. In the late 1980s, after a stand-up show in New York, Robin slipped into a shelter alone. No cameras. He brought pizza, sat on the floor, and listened. One man said later, “He didn’t ask about our mistakes. He asked what made us laugh as kids.” During Good Will Hunting, he again asked the studio to hire from shelters. One man saved enough to rent an apartment. Robin bought him a suit for job interviews. “Everyone deserves a second act,” he said. Shelters later discovered large anonymous donations. One Los Angeles shelter only learned the truth when a thank-you letter came back marked “no such address.” A worker recognized the handwriting. Whoopi Goldberg once said, “He didn’t want applause for helping. He wanted action.” While filming Patch Adams, Robin visited a shelter in West Virginia carrying boxes of socks, gloves, and coats. When asked why, he smiled and said, “The weather’s turning. Cold doesn’t care if you’re tired.” Even on tour, he’d walk streets at dawn, handing out coffee and sandwiches. When a guard asked why, Robin replied, “Because this is where people are.” Robin Williams didn’t perform kindness. He practiced it—quietly, consistently, without witnesses. And that may be the greatest role he ever played. Credit to the rightful owner
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Harsh Goenka
Harsh Goenka@hvgoenka·
Seeing President Macron running on the streets of Mumbai, two things stand out: 1. No visible convoy, minimal security, just blending into the city and doing his thing. 2. The fitness level. Leadership needs stamina as public life is demanding. And think of our politicians 🙈!
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Charles Assisi
Charles Assisi@c_assisi·
At this point, the only thing "high-voltage" about this game is the stadium electricity bill. #indiavspak
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Haresh Chawla
Haresh Chawla@hchawlah·
Ask not what India can for AI. Ask what AI can do for India. The wheel of AI doesn’t need to be reinvented, or feared. It needs to be embraced I debate : India is asking the wrong question about AI? foundingfuel.com/article/india-…
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Massimo
Massimo@Rainmaker1973·
Inside a smoker’s lung
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dominos_india
dominos_india@dominos_india·
Celebrating National Pizza Day 🍕 You’ve been asking us for free pizza forever. We’re finally listening. Reply with #DearDominosIndia and tell us why you deserve free pizza. Funny, dramatic or witty. Best 3 win ₹500 pizza every month for a year! #PizzaDaywithDominos
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