The only way out is to get a private island with 10 of your friends.

Wo 10 log pehle splitwise to clear karke bataye 😂😂

Product Manager

Splitwise pe 20 rupaye ki coffee daal ke mere dost ne Aukaat dikha di

Will not be surprised if something like this happens in India too. But since currently there are no restrictions as such, it might take some time to completely implement it.  
  
 But I don’t see it happening anytime soon unless the anonymous platforms are anti-government.

Consultant

Software Engineer

Somewhat likely. I think countries like Russia, Iran, Canada, New Zealand etc. might be frontrunners in adopting this. US, India and other governments will follow suit after this practice has become commonplace. 
  
 All governments want to control their citizens even more than they already do. Some of them are more open and upfront about it, while others try to take a covert approach.

Software Developer

Looking at how many trolls are straight up bullying people to death, I hope it actually ends up happening

Senior UX Designer

Did you care to read data protection bill. 
  
 Reddit wali janta finding problems where there isn’t any. 
  
 BT kardiya h app ko

AI Engineer

Raahul 
 Rahul 
 Rakul 
 Raagul 
 Ragul 
 Ragul maheshwaran 
 Ragul maheswari 
 Maheshwari R 
 Maheshwari Raahul 
  
 I will let you decide. 😶

Machine Learning Engineer

Welcome to Indian Startups's Private Community

How likely is it that India will adopt this rule?

Investor

How likely is it that India will adopt this rule?- Grapevine

Microsoft has a policy that an employee has to be at a certain level (say X) before they can apply for an international role internally. The weird bit is that this policy is applicable to Indian (MSIDC) employees only. No other country office has such policy. 
From what I’ve seen so far, X level is attained around 5 yrs of experience. By that time a typical Indian employee has other commitments in life and the number of employees willing to take international transfer decreases. 

I feel it this policy is strategic to keep their business needs in India stable. 

Thoughts? Do any other companies have any such policies?

International Internal transfers

Cybersecurity

I've ranted for years how Indians, illiterate and white collar alike are too bad at a lot of things:

1) Traffic sense: Lane discipline, honking, rash driving, both private and commercial, parking and vendors taking up half the road, creating fatal blind spots
2) Public places: Spitting, littering, peeing, smoking
3) Basic civic sense: Queuing up, not using loud phones in public transport etc
4) Pets and stray animals: Totally irresponsible behaviour and irrational takes on killer dogs and dangerous bulls

Pointing out things has been done for years. Where's the solution? How can this be taught to the masses?

Give suggestions.

Making India better. How?

Intern

Welcome to Office Gossip's Private Community

Basically the title. Did one of these about a year ago and thought I'd do another one.

A bit about me - I'm a lawyer, I specialise in startups, international law (especially concerning Web 3) but have worked in a boutique role (basically, 0-100 everything legal).

Disclaimer - Obviously none of this is legal advice. This is for entertainment purposes only. The answer to most queries is "it depends" because a lot depends on the specific facts and circumstances of the case.
Please do not take this to be legal advice or commit and act or refrain from committing an act based on any answer or comment here.

Thank you, look forward to all your questions!

AMA. I'm a lawyer

Lawyer

Welcome to Business Roles's Private Community

TIL Bharti (owner of airtel) is also in FMCG. 

Del Monte Foods Private Limited is a 50:50 joint venture between Bharti Enterprises and Del Monte Pacific Limited

2010 - Bharti unveils FieldFresh in joint venture with Del Monte

2021 - FieldsFresh Foods  renames itself ‘Del Monte Foods Private Limited’

This revenue diversification and risk mitigation strategy of Airtel makes even more sense in 2023 after how Jio, backed by Reliance's financial strength, came from nothing in 2016, exercised the ‘Power of Free’ market penetration strategy, and basically captured the telecom market.

Bharti Airtel is also in FMCG

Founder

Doctors, software Engineers to US/ Europe

Nurses to UK

Skilled construction Labour to Israel/ Middle East

Now Taiwan. 



Where else will Indians go and work in future?

Indian civilisation is going to rise as Indians work in more countries.

Exporting people legally

I tried Ola ebike service for commuting a short distance ~ 5km. The experience was good and the fare was also cheap(50 Rs.). 
I spoke to the driver about earnings and whether he has to give EMI for the OE bike. Then he showed me the below table - how his earnings are calculated. 

I got shocked at seeing the high earnings amount - upto 4.5K daily which amounts to 1.35 lac monthly! 
He told me that Ola ebike is for short distances only - Upto 7-8 kms. And he is able to get average 3-4 rides in 1 hour, and he also doesn't have to pay for the vehicle rent. The Charging is also free at Ola Chargers. 

I couldn't help but wonder how can Ola sustain with this much spending. If they're giving upto 1lac to every driver and charging the user very less, that's a lot of cash burn.

Ola ebike - Driver Earnings

Welcome to News Discussion's Private Community

This is absolutely meme material!! They declared that 75% of employees will work from home by 2025, and before even 2025, they reverted that and now claiming everyone to come to office all 5 days!! I mean not even Hybrid, but all 5 days!! News mentioning recent report of asking employees to come all 5 days- 

https://m.economictimes.com/tech/information-tech/tcs-asks-employees-to-return-to-office-five-days-a-week-may-end-work-from-home-from-october/articleshow/104049381.cms

TCS- From 75% to 0%, that was pretty fast!

Can't fault Milind Lakkad.  He has a new boss. 
  
 New boss, new tune.

Sales Manager

Will this happen in India too? Are you folks still planning to have kids?

This is a very interesting topic. I wonder what the impact will be on so many things. 
- People get married later, have kids much much later 
- Effectively you're getting fewer of your "fitter" years with your kid (although lifetime is elongated too) 
- We've added at least 5 years of working as a single guy/gal to our lifetimes. 

Question to the broader community: I don't see most people between 25 to 30 being super happy. Most people actually seem misguided (me/my friends - in some ways). Is this pattern actually harmful for us?

Analyst

Welcome to Data Scientists's Private Community

this government wants to control everything: why are they so insecure ?

Need Govt approval to build AI based tech?

Senior Software Engineer

What are your thoughts on the reservation bill that the Karnataka cabinet, chaired by Karnataka CM, has approved?

Do you think it will be passed by court or will be thrashed?

What will this mean for the invested IT companies and employees already working here?

Reservation Bill in Karnataka!!!

Product Marketing Manager

- Congress has asked Prime Minister Narendra Modi for his stance on a billionaire tax ahead of the G20 meeting.
- Brazil's proposal for a 2% wealth tax on billionaires, supported by several countries, could raise significant funds for public investments.
- A research paper suggests a 2% wealth tax and a 33% inheritance tax in India could generate 2.73% of GDP in revenues.
- A survey shows 74% of Indians support taxing wealth to address global issues like hunger, inequality, and climate crisis.
- Former leaders have urged current G20 leaders to support a global billionaire tax, though some nations have raised objections. 

 Source: Economic Times

Congress Pushes for Billionaire Tax Amid Global Discussions

Journalist

Welcome to Personal Finance's Private Community

🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history. 

The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.

Indian markets - be prepared for the biggest rally of the decade 🔥🔥🔥🔥

HUGE POSITIVE FOR INDIAN MARKET

Indian Market

Product Owner

Hello folks. While I'd like to remain anonymous very much, here's what I can share about myself.

1. Working in consumer finance.
2. Love personal finance and helping people out with it.
3. Have published 10,000+ pieces of financial content in the mainstream media.
4. Wrote a best-selling book on money management. It was No. 1 on Amazon once upon a time. 
5. Lately been appearing on TV regularly for personal finance discussions.
6. Saved like crazy through my 20s and 30s, brought two apartments; have an 8-figure net worth mostly thanks to my mutual fund investments. It's not much but it's hard-earned.
7. My unrealised aspiration is travel and I'm working on it now.

No, I'm not selling anything. No commissions, no referral links, no finfluencing. 

Just want to talk, exchange ideas, and learn from you all. Maybe I'll feature you in my next book. :)

Ask me anything.

Let's talk money habits.

Corporate Strategist

In a bustling Indian city, a series of tragic accidents caused by reckless driving and disregard for traffic rules have raised concerns about road safety. Despite existing traffic regulations, the lack of adherence to these rules remains a significant issue nationwide. Efforts to enforce these laws face obstacles due to various factors such as cultural attitudes towards road safety, inadequate infrastructure, and challenges in implementing consistent legal measures. In light of these challenges, the need for a comprehensive strategy to ensure compliance with traffic rules across India becomes increasingly evident. How can India effectively address this issue and legally enforce adherence to traffic regulations on a national scale, considering the multifaceted nature of the problem?

Traffic conditions in India

Data engineer

Welcome to Software Engineers's Private Community

Following wester consumerism blindly is the reason when most DINK couple decides not to have kids. The age old colonial term of "civilising the brown is white man's responsiblity".
Let me burst this bubble of ever happy life and not having dependency of kids,they are not investment,etc etc.
 I wont highlight if its right or wrong here for it lots of post are there. I better highlight what will happen after next 20 30 years as I can learn from west(USA) lifestyle pattern.
All these people have kept most of their money in *paper* assets like PF,Bank FD,stocks. Reason for highlighting the word paper will see.
 As the number of oldies will increase over youngsters. Govt will need more youngsters as economy is worked upon by them. No loan takers,no new consumers. What will happen stock prices will fall,same goes for bank interest ,in worst case you wont be ablw to withdraw your principal even(happening in australia, people have to inform why they are withdarwing cash to bankers).
Next for pf: when ww contribute to PF we pay foe the payback of current retired generation or basically we are paying their debt. But due to lack of youngster no one will pay your debt so forget your PF as well.
This is how your money bubble of Crores will vanish. 
There is a term debt to gdp ratio, ever heard? Its the debt taken by govt from future generations to develop current lifestyle. Hence still govt need people to sustain and payback that debt so they will allow illegal immigrants ( what you are seeing in USA and Europe in name of "multicultralism").
And you know what? These rowdy immigrants will fill your city and you will become second class citizen why cause its democracy and majority rules. Noone will protect you leave alone police actually there is no one "left" to protect you( read statements of Canadian police regarding car thefts you will find similarities).
Still oldies are there so new experimentation on assisted suicides(Canada is leading the way in current timeframe).

A letter to DINK couple

🤣🤣🤣 
 Love this! Trying to force opinions on people in "their" way. 
  
 You like kids? Have them. 
 People who don't want. Leave them alone. 
  
 Parents or non parents, no one is taking those money with them. Might as well enjoy this life than paying lakhs in school fees. 
  
 Yea yea "bet your parents didn't think that way". Honestly, tshould have.

https://youtu.be/lUp5xKvGzDw?si=GVh3pdYnu2uwpVDS

Not sure of the authencity of the video. But look at the scale of use of tech.

China is ahead at AI/Robotics/Tech adoption

Welcome to Moving Abroad's Private Community

There's obviously the advantages of making more money and having a better lifestyle.

But given the sacrifice on your circle of friends and family in India, is over indexing on just professional outcomes a sensible enough thing to do?

How do you guys think around it?

What's a good mental model to decide between staying in India vs. moving abroad?

The Internal Revenue Service (IRS) of the United States has revised its stance on Research & Experimentation (R&E) amortization, as outlined in Section 174.

Previous System: Companies could immediately deduct their entire Research & Experimentation (R&E) expenses in the year they were incurred.

New System: Under IRS Section 174, these expenses must now be amortized, meaning they are deducted over several years. The period is 5 years for domestic (U.S.) R&E expenses and 15 years for foreign (non-U.S.) R&E expenses.

Example:
Scenario: A U.S. Software Company Outsourcing to India
Company: XYZ Corp, a U.S.-based software company.
R&E Expense: $150,000 spent on software development in India in 2023.

Previous System (Immediate Expensing):
In 2023, XYZ Corp could deduct the entire $150,000 from its taxable income.

New System (Amortization):
Over 15 Years: The $150,000 must be divided over 15 years because it’s a foreign expense.
Annual Deduction: $150,000 / 15 years = $10,000 per year.

Impact: In 2023, XYZ Corp can only deduct $10,000 of the $150,000 expense. The remaining $140,000 will be deducted in equal parts over the next 14 years.


--

Could this potentially impact the volume of business flowing to India?

IRS Section 174 Impact on Indian Tech Companies

Welcome to IT Company Discussion's Private Community

This will be actually a disadvantage to all women out there, company will prefer less those who are newly married or planning to have a kid.

I don't think anyone wants 2 years leave but provide support like WFH, flexible schedule, child care, etc. 

What's your view??

How likely is it that India will adopt this rule?

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Do not support this at all!!