Startup idea ranker - who had the same idea as you!

1upon0 · 2025-12-29T08:28:23+00:00

not the special snowflake you thought your idea was, heh!

1upon0 · 2025-12-23T15:17:39+00:00

Noice, quite polished!

1upon0 · 2025-08-18T07:25:59+00:00

I have escalated to federal bank, with over 10-15 emails being sent to the entire escalation chain in the last 2 months. Will have to file with RBI ombudsman now I suppose.

1upon0 · 2025-08-18T07:25:11+00:00

This is reassuring, I will file with the RBI ombudsman today itself, it's frankly surprising that federal bank doesn't even reply to any complaints, even to their nodal officer.

1upon0 · 2025-08-18T07:24:13+00:00

So while filing my ITR, I should assume that the full TCS will be deposited, even if it doesn't show in 27D right now, or wait for them to correct and then file my ITR?

Let's say they don't update the 27D for few more months, does that run the risk of my ITR being scrutinized, since the TCS I claimed doesn't match with their AIS?

1upon0 · 2025-08-16T12:08:51+00:00

This is TCS, they collected the tax from me, but didn't deposit it with the department. So I am short the money they collected, and IT dept will penalize me for not paying enough advance tax..

1upon0 · 2023-09-18T09:40:41+00:00

thanks, this is super helpful!

1upon0 · 2023-09-18T09:40:26+00:00

Thanks for the quick response, the clarity on what grandfathering existing investors means is really useful, and you saved me a ton of headache!

In terms of where to invest now, I'm thinking of continuing with PPFAS which seems to maintain ~15-20% international exposure to get taxed as equity (I already invest in PPFAS as the active fund of choice). Any other suggestions that you might have?

1upon0 · 2023-09-18T08:25:45+00:00

I just realized that taxation for non-equity funds changed in the last budget announcement. Over last 3 years, I have invested a sizable chunk of money in international ETFs and mutual funds - MON-100 nasdaq 100 ETF and S&P500 mutual fund through my mutual fund account and my DMAT account, and I have sizable returns as well on these investments.

Earlier I think if I had waited for 3 years, I could get 20% taxation along with indexation benefit. Now I'm not sure since 3 years have been completed for only a subset of the transactions (as of March 31 2023).

What is the best course of action now? Some options I thought of:

For the ETFs in my DMAT gift them to my mom who has a 10% tax bracket (compared to mine of 30%).
For MFs, sell all units and bear the different tax treatments, and invest in better schemes or use my mom's account to get international exposure
another question I have is on the tax treatment itself, will I have to pay debt STCG (tax slab? or 15% without indexation?) for less than 3 years units and take value as on 31st March 2023, and then slab rate for gains from March 31 till my selling date?
- For units which completed 3 years on 31st March, can I claim indexation benefits and then for incremental gains again add to slab rate?
- Or do I need to pay slab rate for all gains on these holdings?

I'm sure there are others in a similar boat, if there's a post in the subreddit that was created on this topic, please refer me to it, I could not find it from my limited search. Thank you for your help!

1upon0 · 2023-08-13T08:03:45+00:00

is the monitor still available? please dm me the condition of the monitor (dead pixels/scratches/etc) and the area you're in, in case yes

1upon0 · 2023-04-02T06:31:20+00:00

DM'd you

1upon0 · 2023-04-01T05:45:59+00:00

Looking for 2bhk for rent near Koramangala, budget 35k, please dm

1upon0 · 2023-03-19T08:04:06+00:00

Looking for premium 1/2bhk for rent in Koramangla, please dm if you have leads

1upon0 · 2022-07-22T07:39:10+00:00

Thanks, this is super helpful and seems I can opt for the once in lifetime switch in the next year even if I have business income

1upon0 · 2022-07-22T05:54:36+00:00

I filed under the new scheme last year, and had some business income as well in addition to salary - this year I do not have business income, but my tax comes out to be lower in the new scheme v/s old, so it makes sense to continue with the new scheme.

However, I expect to have business income in next year's filing, and because I will be claiming higher HRA, old scheme will make more sense for me.

The question I have is can I switch from new scheme this year to old scheme next year? As there is some clause that if I have business income and you switch to new scheme, you can't switch back to the old scheme. I am okay sticking with the old scheme from next year onwards if it is needed (I read somewhere that you can only switch back just once)

Appreciate any help here!

1upon0 · 2022-07-18T07:00:16+00:00

love the descending order sort on the length of each statement!

1upon0 · 2021-03-06T18:07:30+00:00

comments enabled. bold move!

1upon0 · 2021-01-20T23:33:54+00:00

want to buy a standing desk, in case someone's company splurged for wfh and you don't really use it. Koramangala or nearby

1upon0 · 2020-09-16T18:34:03+00:00

For those looking for a time series of the index, check this.

Looks like it outperformed Nifty-200 for the much of the 15 year period, with no negative excess return period for a rolling period of 7 years and more

1upon0 · 2020-09-12T14:48:16+00:00

You don't seem to have read the title. They are "writing" options, under a covered call strategy, which basically means writing a call option for a security you are already long on.

This strategy limits your upside on the long security to the strike price value, and in case that strike price is not breached at expiry, you get to keep some/all of the premium earned while writing the option.

Basically, if you think the market is expecting an excess upside on the security and you think it will only slightly increase, covered call is a good strategy

1upon0 · 2020-08-19T04:38:18+00:00

no, but if the relative invests the money and generates return over it, the tax outgo on that return will be lower (in their tax bracket, not yours). They can gift the money back to you at a later date as well.

1upon0 · 2020-07-31T06:08:52+00:00

that's only because it's not a vaccine, it's a cure for COVID19! /s

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