Earlier today I has posted on my fb wall that paying tax is like buying blood diamonds, you eventually put money in wrong hands and I still stand by my statement.
I can't believe I'm paying so much tax :( I really do feel like the old man in the picture . Good job Akshay ..It's going to help a lot of people like me .
Our world view is limited by our own senses and our size and scale. I am throwing out a possibility of studying viruses through another lens. Many people believe that COVID-19 is the mother earth’s fight against human infection [ 0 ] . It is quite possible that viruses are earth’s antibodies trying to keep the earth healthy. Viruses are known to keep the balance and diversity of microbes in the oceans. [1] Viruses have been eliminating species that run wild since the beginning of life on earth. They are a major driver in human evolution [ 2 ][ 3 ] . Recent studies have shown that viruses could have been the reason we have life on earth. [ 4 ][ 5 ] So, there is more to viruses than it is commonly known. In this blog, I would like to discuss the possibility of studying viruses through another lens. Allow me to take you through some seemingly unrelated illustrations to make my point. Every mammal on this planet instinctively develops a...
Sometime in mid 2023 Sir Geoffry Hilton announced his resignation from Google to be able to speak freely about existential dangers from AI. For those of us who may not know, Geoffry Hilton is the fatherly figure for Neural Networks. After the first AI winter, when enthusiasm and investment in AI had faded, He continued his research on neural networks, with support from his colleagues at the University of Toronto. In 2018 he and Yoshoa Bengio received the Turing Award for their work. The Turing Award is the equivalent of the Nobel prize for a computer scientist. He also said, “It is not inconceivable that AI could wipe out humanity”. He started a petition to stop AI development and In mid-2023 a group of very he along with other prominent individuals like Bill Gates and Sam Altman signed this statement of AI risk. All of this suggests that we should take their fears seriously. Dr. Andrew NG called for open discussions and I found most arguments favoured anthropomorphized projections o...
Get a home loan save tax. Yes, I'll elaborate on it later but now some quick notes Get a home loan and if you live in it you get up to 1.5Lakh of interest deducted from your taxable income Get a home loan and rent it out; all the interest is delectable form your taxable income. Get your spouse to be a co-applicant on the loan both of you can enjoy the deductions. Up to 1 Lakh of Principle is delectable from your taxable income (this falls under 80C so your PPF, ULIP, MF etc. is wasted) (Rented out or self-occupied) Use the interactive Tableau dashboard (change the numbers in the boxes) to see how the numbers work for you and what saves most taxes for you. Learn About Tableau You will notice that you will have better tax savings when you rent out your property and stay in a rented house yourselves. when you rent out all your Interest is tax deductible) But if you stay in it yourselves - you only get up to Rs 1.5 lakhs of deductible amount per year. [indirect me...
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ReplyDeleteI can't believe I'm paying so much tax :( I really do feel like the old man in the picture . Good job Akshay ..It's going to help a lot of people like me .
ReplyDeleteThanks Shravya.
ReplyDeleteTotaly Axed... Khushi aagodu yeenadru post maadi Akshay... :( :(
ReplyDeletehe he...hudki hakonanthe....
ReplyDelete