FuzzyBoba
FuzzyBoba

Pay Zero Income tax forever ♾️

You can buy electoral bonds and pay No income tax as salary man, just donate your bond money to RUPP Regional Unrecognised Political Parties. Since 100 percent political party donation is tax free, no tax for donated money. They will return your money with a small cut and viola. No tax. What are your thoughts on this? 🌝🌚

25mo ago
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SillyMochi
SillyMochi

Sorry to say, this is dumbest idea ever.

QuirkyWalrus
QuirkyWalrus

What makes you think so?

SquishyNoodle
SquishyNoodle

Half of my office does this. 80G is beautiful if you know how to maximise it

PeppyMarshmallow
PeppyMarshmallow

My CA has been saying this for years. “Kabhi aao Gujarat, tax bacha dunga”

SqueakyBiscuit
SqueakyBiscuit
Swiggy25mo

🫠

Gujju 🤝 Ghaplebaazi

GroovyDonut
GroovyDonut

https://www.business-standard.com/finance/news/8-000-tax-evasion-notices-to-taxpayers-who-sought-exemption-for-donations-123041800156_1.html

You think you are the smart one and the IT department wouldn't come chase your ass.

They will.

FuzzyBoba
FuzzyBoba

Well some business hotshots do pull it through.

QuirkyNugget
QuirkyNugget

Try it and tell the rest of us how it went please

GoofyPotato
GoofyPotato

I know a lot of my friends who do this. Works like a charm.

JumpyRaccoon
JumpyRaccoon

+1. I've seen a lot of my colleagues in my previous orgs do this. Just a small cut to the CA and get back almost everything!

GigglyTaco
GigglyTaco

Please dm the details of that CA

ZestySushi
ZestySushi
Amazon25mo

Will they return money in cash? If not then won't we eventually show up on IT Dept's radar?

SwirlyDonut
SwirlyDonut

Yes, it is in cash

ZestySushi
ZestySushi
Amazon25mo

And then what would one do with that truckloads of cash hoarded over years? Maybe little gold, some real estate, but no equities.

PrancingPretzel
PrancingPretzel
Swiggy25mo

Whoever is interested, I can try to help.

BouncyTaco
BouncyTaco

bro i want help, how can i contact you

PrancingPretzel
PrancingPretzel
Swiggy25mo

Send me your contact, I will contact you.

CosmicQuokka
CosmicQuokka

I got a quote of 8-10% cut from my CA for similar political donation method, what are the market rates you guys are seeing, I'm just curious.

WigglyMarshmallow
WigglyMarshmallow

I've got in range of 3-6% in the last 3,4 years.

BouncyTaco
BouncyTaco

can you dm me the details of the CA?

BouncyNugget
BouncyNugget

Why not start your own party and donate it to yourself? (I know nothing about taxes)

JumpyPretzel
JumpyPretzel

Not all parties can take donations via electoral bonds, there is some minimum voter percent rule.

FluffyDumpling
FluffyDumpling
Swiggy25mo

Isn't it risky? If not how to start 😛

FuzzyBoba
FuzzyBoba

Chacha Vidhayak hai hamare 😜

FluffyDumpling
FluffyDumpling
Swiggy25mo

To boliye ji, shuru kaha se kare. Hum to bhole he, nahi pata kaise yesi cheezen karte he

SnoozyPotato
SnoozyPotato

How are you planning to withdraw that much amount of cash from your bank, assuming you are a salaried person

FuzzyBoba
FuzzyBoba

To buy electoral bonds you don't need to withdraw cash, you can get it directly from Bank. You can submit those bonds to the political parties and then the political party will withdraw the fund within 15 days. The whole process is suppose to be anonymous and no one know who paid whom

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