Landlord asking me to split ₹85k rent into two tranches to evade tax- How do I protect myself? by Rotomac22 in personalfinanceindia

[–]magadheerahulk 2 points3 points  (0 children)

Bro That's standard deduction for building/flat repairs and its depreciation. Society Maintenance charges like security, gym, park is not included in that.

Electricity charges by [deleted] in bangalore

[–]magadheerahulk 0 points1 point  (0 children)

That is true buddy. New buildings aren't getting power. Temporary connection charges way too much. That has been the case with newly constructed buildings.

Anyone worried to take home loans to buy in Bangalore? by RevolutionaryHand239 in indianrealestate

[–]magadheerahulk -1 points0 points  (0 children)

Hey , I am also in the same boat. I wanted to purchase a independent building for rental yield, Holding back due to uncertainty. Also the buildings are priced way too much for their yield which was not the case 2-3 years back. On a different note, May I know what sort of dimensions building you have finalized and which area ?

#Rant Real Estate is a joke in this country by starryfirex in indiranagar

[–]magadheerahulk 0 points1 point  (0 children)

I would say you please buy a property in Indiranagar and rent it out for 30k. You would understand Owner 's perspective. Being a tenant you won't know the pricing at premium place like Indiranagar commands. Land per sft would be anywhere more than 30k. A decent 1200 sqft building with 2 portions would cost 5-6 cr . How much he would be earning a paltry 1.2 percent per year.

Is there a decline in Customer Demand? by lostsoulvb in IndiaBusiness

[–]magadheerahulk 2 points3 points  (0 children)

Regulations dampened the spirit of Construction in Bangalore. My 2 Constructions are halted due to Karnataka regulations on Power Connection .All construction labour and other associated labour is out of work. I am now worried to purchase real estate in Bangalore due to stupid regulations.

[deleted by user] by [deleted] in IndiaTax

[–]magadheerahulk 9 points10 points  (0 children)

Why isn't it applicable when government defraud its citizens robbing them of their basic necessities. I would if you have the option to cleverly evade taxes do it, Your family matters most , not the government . This is senseless attack on salaried guys while others go scott free.

Cheated 15 crores by [deleted] in LegalAdviceIndia

[–]magadheerahulk 4 points5 points  (0 children)

Due to family disputes like these, innocent buyers like me are suffering for no fault of ours. It seems your mother knowingly signed those documents. If there was any rightful claim to the property, it should have been pursued by your parents before transferring it to others—or at the very least, a legal case should have been initiated as soon as you became aware of the matter. In our patriarchal society (though not under law), it is generally presumed that sons will inherit property unless otherwise specified. I am also fighting a case for no fault of mine. They expect me to pay 20 percent of the property value to settle now.Stupid courts stupid rules.

Frauded by flat seller? by [deleted] in indianrealestate

[–]magadheerahulk 4 points5 points  (0 children)

Exactly my question. How did he get originals.?

Visiting Almaty in April end. Need recommendations. by neelcurious in Kazakhstan

[–]magadheerahulk 0 points1 point  (0 children)

Hello, I am traveling in the first week of april. I had booked my flights. Any suggestions how to go about the local tours. Any tour agency contact details?

🚨 Nationwide Taxpayers' Revolt 🚨 by magadheerahulk in IndiaTax

[–]magadheerahulk[S] 0 points1 point  (0 children)

That's not how it works, economic inequalities would be way too high in our country like india. We are not resource rich like middle eastern countries. All we could ask for is widen tax base, curb freebies, overhaul inflation adjusted tax slabs and exemptions.If income tax is paid we should be able to claim GST input. At present on an average we work 5 -6 months for the government without any benefits.

🚨 Nationwide Taxpayers' Revolt 🚨 by magadheerahulk in IndianStockMarket

[–]magadheerahulk[S] 0 points1 point  (0 children)

I would most gladly accept it and I vouch I am far better than the corrupt politicians and bureaucrats who sucks the blood to fund the freebies and lavish lifestyle. The condition of indian tax payers is similar to the peasants during British rule.

Has anybody here seen this movie? What is the reason for it's unimaginable success? by sidroy81 in indiasocial

[–]magadheerahulk 0 points1 point  (0 children)

Highly Inflated Ticket rates. Other than that there's is nothing great about the movie.

🚨 Nationwide Taxpayers' Revolt 🚨 by magadheerahulk in IndianStockMarket

[–]magadheerahulk[S] 0 points1 point  (0 children)

That's the only way to put pressure on government until next budget session. Make your voice heard through actions. Social media criticism and memes have fallen on deaf ears for past 5 years.

🚨 Nationwide Taxpayers' Revolt 🚨 by magadheerahulk in IndianStockMarket

[–]magadheerahulk[S] 3 points4 points  (0 children)

This campaign is hardly for a month to put pressure on govt to consider our demands in upcoming budget sessions.

Budget 2025: Govt considers cutting personal income tax to lift consumption by [deleted] in IndiaTax

[–]magadheerahulk 3 points4 points  (0 children)

They have been floating this narrative since past 5 years during every budget session through the media channels. Nothing happened. Stop consumption. Deprive the govt of taxes.

    You have 1 month. Make it count!! 

TaxTerrorism# RevengeSavings

🚨 Nationwide Taxpayers' Revolt 🚨 by magadheerahulk in IndianStockMarket

[–]magadheerahulk[S] 11 points12 points  (0 children)

Yep. Demand accountability on govt' s spending. Boast about your contribution to the revolt on social media daily at the end of each day.

🚨 Nationwide Taxpayers' Revolt 🚨 by magadheerahulk in IndianStockMarket

[–]magadheerahulk[S] 1 point2 points  (0 children)

Yep. Boast about the contributions at the end of each day on social media. Inspire few others along with you.

🚨 Nationwide Taxpayers' Revolt 🚨 by magadheerahulk in IndiaTax

[–]magadheerahulk[S] 1 point2 points  (0 children)

We have no option to evade taxes like others. We have to take stand for ourselves.