Chidham

Demystifying Indian taxes| Not a CA, just a guy learning how to protect wealth | Passionate Engineer | Quality Analyst | finance | ccgeek

[Chidham @chida95]

@creditcardwalah @PhonePe What will be the primary use cases for this card, since you have other cards as well?

[Chidham @chida95]

HDFC MILLENNIA DC USERS!!! After adding 40K to PayZapp STOP looping it back to your own account

Instead smash your Amex bill from payzapp upi or transfer it to Amazon wallet UPI to avoid unnecessary audit trails.
#ccgeek #ccgeeks #cashback #money #savings #finance

[Chidham @chida95]

@CardMavenIn Neu infinity will not give any rewards on jewellery except tanishq purchases

[Chidham @chida95]

@Credolite How to request for ltf ?

[Chidham @chida95]

@DealsDhamaka @DealsDhamaka bhai Are you any investor in @BuyHatke ?

[Arvind Gunasekar @arvindgunasekar]

As a relief for Oil marketing companies, Centre reduces Excise Duty On Petrol from ₹ 13 to ₹ 3 / litre and for Diesel, from ₹ 10 to zero.

[Chidham @chida95]

@ccg33k New sign up is temp blocked

[Chidham @chida95]

@Ravisutanjani @BeingAmore Can you suggest car pressure washer

[Chidham @chida95]

@MunaPriyabdk @iSatishAgarwal @guddieuro Can you please clarify the process

[Chidham @chida95]

9/ HUFs are incredible tools for legal tax savings and protecting generational wealth in India, but the compliance needs to be airtight. Always consult a CA or property lawyer before making moves!
DYOR!

RT/Share if you found this helpful so others avoid costly mistakes! 🤝📈

[Chidham @chida95]

Many people know about HUFs for tax planning, but there are some mind-blowing lesser-known facts out there. Did you know a married woman can be part of THREE different HUFs at the same time? 🤯
A mega thread on generational wealth and HUF laws in India 🧵👇
#IncomeTaxIndia #HUF

[Chidham @chida95]

8/ Exiting an HUF without a share? ✍️
Must sign a Relinquishment Deed, and it MUST be registered at the sub-registrar (a ₹100 stamp paper is useless).
Good news for TN: Stamp duty for family releases is capped at just ₹25k (+ ₹4k registration)!