Discover and read the best of Twitter Threads about #Income

Most recents (24)

📚🌐#Web3 is revolutionizing the #education sector with its decentralized approach and groundbreaking technology!
🏫In this thread, we explore the potential impact of Web3 on the educational system. Image
1/7 🏫 Web3 and education in #Ed3 bring learn-to-earn models and personalized learning experiences, offering students more control and ownership over their data and learning paths.📚
2/7💻Web3 provides enhanced accessibility, improved traditional education, personalized education, and increased #transparency in the edu sector. 📢
Read 8 tweets
How can you best utilise a #promotion or #salary hike? We have come up with a quick #guide on how to make that raise work for you instead of watching it disappear! (1/11)
Before you make any decisions, first check with your HR to understand the complete breakdown of your new salary, including #tax implications. This will help you assess the actual increase in your #takehome pay. (2/11)
Remember about #inflation. The price of everyday items will also increase too. Revisit your household #budget to understand the impact of rising #expenses on your #savings, real #income and #spending power. (3/11)
Read 11 tweets
How do the #Courts decide #maintenance when the income of the #parties is not clear? And cannot apply any formula to the income.

The courts consider the following #aspects.

=Thread= Image
1. CAPACITY
The presumption that every able-bodied person must earn and maintain their #wife and #children is not accounted for by courts in India.
Courts assume that the family has sufficient means to #support the #husband and provide income based on lifestyle.
2. INCOME OF PARTIES
The courts are mindful of deductions on which parties have #nocontrol, such as Contribution to Provident Fund and other direct #taxes. ..
Read 7 tweets
Confused about tax filing in India?

Don't worry, you're not alone!

Here are some essential Do's and Don'ts to help you file your taxes with ease!

A thread! (1/n)

#taxfiliing #tax #deductions #personalfinance #thread
#1 Be On Time

Remember to file your tax returns on time. This can help you avoid penalties and legal issues with the Income Tax Department.

The deadline for filing taxes in India is usually July 31st. (2/n)

#taxreturns #taxes #incometax #directtax
#2 Disclose Necessary Infomation

Remember to disclose all your sources of income, including salary, rental income, interest, and capital gains while filing your tax returns to avoid penalties. (3/n)

#tax #salary #rentalincome #interest #capitalgains
Read 11 tweets
Are you a Senior Citizen looking to secure your Retirement and generate regular income?

Let's explore the Top investment avenues that offer stability & security! (1/n)

#seniorcitizen #investment #retirement #fixedincome
As we grow older, it's important to plan for retirement and consider investment options that offer stability and security.

Here are a few Investment avenues that offer capital preservation and regular income. (2/n)

#retirementplanning #investment #income
#1 Senior Citizen Savings Scheme (SCSS)

SCSS is a popular investment option for individuals above the age of 60.

It offers an interest rate of 8% p.a., which is higher than most fixed deposits and has a tenure of 5 years. The interest is payable quarterly. (3/n)

#SeniorCitizen
Read 10 tweets
A week ago, after hearing #ChairPowell’s testimony before Congress, all eyes were set to be on today’s #inflation data, which presumably would help market participants better understand the #FOMC’s policy reaction at its March 22nd meeting.
What a difference a week makes these days! Of course, all eyes are still on today’s data, but now there are many other things we need to consider (such as #FinancialStability concerns), when judging the reaction function of the @federalreserve.
As we have long contended, #markets tend to be fairly myopic and lacking in patience, so having to focus on more than one news item at a time causes tremendous #uncertainty and thus greater market #volatility.
Read 16 tweets
Today’s #JobsReport was very solid, but like is often the case in the movies, it’s very hard for the sequel (today’s report) to match such an unexpected hit (January’s revised 504,000 jobs gained).
Still, a nonfarm #payroll gain of 311,000 jobs is quite good and having 815,000 jobs created so far this year after the #economy has already created 12 million #jobs over the past two years is pretty amazing in its own right.
Further, the 3-month moving average of 351,000 jobs, after a 12-month moving average of 362,000 jobs gained per month is also pretty remarkable, particularly after the market-implied pricing of the terminal #FedFunds rate has move up 500 basis points (bps) in a year.
Read 17 tweets
The latest Sovereign Gold Bond (SGB) issue is open till Mar 10.

You can buy 1 gram (or 1 unit) of SGB at Rs 5,561.

But there’s a cheaper alternative.

You can buy previous issues of SGBs on #stock exchanges at a 5-6% discount. (Check image)

Should you buy them?

A 🧵
First, some quick facts.

Each SGB unit equals 1 gram of gold (999 purity).

New issues are sold through #banks.

There’s a Rs 50 discount on online purchases.

After the issue is over, #SGB is listed on stock exchanges.

This gives you the option to exit before maturity.
SGBs mature in 8 years.

But they have a 5-year lock-in, which means you have the option to exit after 5 years.

On redemption, you get the prevailing market price of gold.

Plus, you earn an #interest of 2.5% every year on the issue price.
Read 14 tweets
#SIP or lumpsum - Which is better?

Probably, most people will vote in favour of SIP.

But, that’s not entirely true.

On many occasions, lumpsum has given better results than SIP.

So, where do you make higher returns?

We analysed the data. Here’s what we found.

A 🧵
We compared SIP and lumpsum returns in #nifty50 over different time horizons.

Consider this example

One person invested Rs 6 lakh 10 years ago.

Another one starts a monthly SIP of Rs 5,000 at the same time (5,000 X 120 months).

Who earns better returns?
What did we find?

The results were mixed.

Of the 14 different periods we checked, SIP did better 7 times.

Lumpsum offered a better rate of return on 7 occasions.

Check the table below to see the findings.
Read 9 tweets
1/5 "According to the #Trivers-#Willard #hypothesis (#TWH), #parental #support and #investments for #sons and #daughters display an #asymmetrical relationship according to parental status because of the different #reproductive #advantage of the #sexes."

cambridge.org/core/journals/…
2/5 "It predicts that #high-status #parents support #sons more than #daughters, and low-status parents support #daughters more than #sons."
3/5 "The effect of #family background by #sex can be interpreted to support the Trivers-Willard hypothesis (#TWH), in dropout and #academic #school track enrollment but not in academic grade point average (#GPA)."
Read 5 tweets
2/4 "Even after accounting for such factors, having #LongCovid was linked to higher risks of recent #unemployment, #financial #hardship, and #anxiety and #depressive #symptomatology, with evidence of dose-response relationships."
3/4 "Overall, an estimated 27.3 million US adults with #LongCovid were at risk of adverse #socioeconomic and #health outcomes including #anxiety and #depression."

#SDOH #social #determinants of #health
Read 4 tweets
This Thread is for Salaried employees..
🧵

#employee #employers #startup #business #Income
Here are a few common questions that arise in your mind if any amount is deducted by your employer in the name of TAX… Many of you people are aware of this but take it at a glance.
1️⃣Why Employer deducted a certain amount from the salary as TAX?
📝Govt. made the employer responsible to deduct Income tax for employees whose yearly salary income exceeds the maximum amount not chargeable to tax i.e., Income Tax payable > Rs. 12,500.
Read 10 tweets
Earlier this week the @federalreserve raised #policy rates at an extraordinary 75 basis point increment (its fourth time doing so this year), in an attempt to moderate excessively high levels of #inflation.
Still, if the central bankers were hoping to see signs of slowing in the persistently solid #LaborMarkets, as an indicator that policies were slowing growth and in turn #inflation, they may be somewhat disheartened by today’s data.
Indeed, nonfarm #payrolls increased by 261k jobs in Oct, with private employment rising an average of 262k/month over the past three months, which does not yet imply that the slowing that policymakers believe we’ll need to see to tame #inflation has arrived.
Read 16 tweets
Do you know that 2020 and 2022 are the two worst years for #poverty reduction since at least 1990? Why?

The pandemic dealt the largest setback to global-poverty reduction efforts. (1/4)
The #income losses of the world’s poorest were twice as high as the world’s richest in 2020.

The poorest also faced large setbacks in #health and #education, with devastating consequences, including premature mortality, and pronounced learning losses. (2/4)
Extreme #poverty is concentrated in parts of the world where it will be hardest to eradicate:
- in Sub-Saharan Africa,
- conflict-affected areas,
- and in rural areas. (3/4)
Read 4 tweets
J&K LG @ManojSinhaOffc releases book - The Two Kashmirs by author @sheikhkhalid Jehangir,
Secretary General of International Centre for Peace Studies.
@Vitastapublish @india_narrative @Aditijan @sunandavashisht @AshaKhosa Image
The third book by the author, it compares #development indices of the two Kashmirs - POK and J&K. #education #health #income
The book says #Indian #Kashmiris have fared much better than #Pak #Kashmiris.
@KinraMark @drvivekkaul @KroenerJess @InsightGL @PatilSushmit @rajivchuni Image
@manojsinha_ said good #governance has restored the confidence of #Kashmiris. He added that propaganda by the #Western #media and by #Pakistan has been busted. Corruption has been controlled to inspire confidence among people.
@abhikyogi @AdityaRajKaul @KhalidBaig85 @Amana_Ansari Image
Read 4 tweets
🚨Paper Alert🚨

Marine protected areas #MPAs are increasingly promoted as #ocean-based #solution to #ClimateChange, but their contribution to climate change #adaptation and #mitigation remains contentious. Our meta-analysis of 22,403 papers brings clarity. Link below.

🧵(1/17)
🙈Spoiler alert🙉

#FullyProtected #MPAs can can significantly enhance:

©️ carbon sequestration
🌊 coastal protection
🐟 biodiversity
🐡 reproductive capacity of marine organisms
🎣 fishers’ catch
💰 fishers’ income

🧵(2/17)
We identified the potential “climate pathways” through which #MPAs could contribute to #ClimateChange #mitigation and #adaptation. First along mitigation and adaptation dimensions, and then distinguishing among #ecological and #social dimensions of adaptation.

🧵(3/17)
Read 17 tweets
Why you should #invest in #REIT's ?🏚️

Here's a #Thread 🧵
First we Understand >> What is REIT's ?

Full form is REIT is REAL ESTATE INVESTMENT TRUST.
Its an Investment Trust where they make a pool fund collected from peoples and institutions and that pool fund directly invest to any Real Estate property which generate #income.

1/N
✅How investment in Reit is Beneficial for You?

▶️Reit has mandated by to distribute its 90% income to their Investors
▶️Reit has mandated by SEBI to invest 80% of their fund to income generating assets
▶️Its safe individual investor from fraudulent activity of Real Estate.
2/N
Read 10 tweets
🧵CREDIT SPREADS THREAD🧵

🚨Credit Spread Explained WITH EXAMPLE!🚨

This Strategy WILL become a SECOND INCOME!
For example if you get a credit spread with a premium of .20 between the spreads then your goal is for that premium to theta out to 0 for full 100% profit.
Example of spreads:

$SPY Put Credit Spread

Put credit spread is actually a bullish credit spread

$SPY Sold $382P

$SPY Bought $381P
Read 13 tweets
Today’s #JobsReport revealed an #economy that is producing #jobs at a slower pace than it has over the prior several months.
That said, a historic number of jobs have been created in this recovery since the fall of 2020, so a slowing in the pace of #growth isn’t unexpected.
Even with today’s somewhat slower rate of #hiring at 315,000 jobs for the month of August, the 3-month and 6-month average of #payroll gains has been 378,000 and 381,000 jobs, respectively, which is clearly indicative of slowing today from a point of strength.
Read 12 tweets
In his @federalreserve #JacksonHole speech #ChairPowell stated emphatically that the #FOMC’s “overarching focus right now is to bring inflation back down to our 2 percent goal. Price stability is the responsibility of the Federal Reserve and serves as the bedrock of our economy.”
In other words, we take his statement today to mean that the #Fed won’t be easily swayed into reversing rate #hikes next year, and will stay with the elevated Funds rate for a long time.
The #Fed has clearly been (appropriately) rushing to get to a destination of #inflation-denting restrictive rate (and #liquidity) policy in order to break extremely high levels of inflation, while hopefully not thrusting the economy into a deep #recession.
Read 11 tweets
July Passive Income Report

Final numbers received, happy with the results. #thankful

Dividends - $3,581.04
Options - $2,492.23 (Covered calls and Cash Secured Puts)
Total - $6,073.27

#Dividends and Selling #Options is a powerful #income combination!

Here are the details 👇
Dividends received:

AMT58.56
APLE1.24
AQN180.8
BCE144.29
BDJ60.06
BEPC25.91
BME112.43
BMEZ36.25
BST240.28
BSTZ38.4
CAH61.53
CSCO68.52
DIVO101.45
FDX12.04
FXAIX73.77
IIPR114.15
IRM123.7
JEPI217.92
JPM122.3
KMB115.21
KO25.73
LAND22.8
LEG83.46
MPW87
Dividends Received, cont. -

MRK118.61
MSM54.81
NTAP65.03
NUSI21.62
O135.73
QQQ105.48
QQQX103.24
STAG29.37
TLT22.69
UTF9.26
UTG223.28
VICI72.77
VZ94.53
WPC396.82
Grand Total$3581.04
#dividends
Read 6 tweets
Many who became a Full-Time #Trader in the last two years would be in a dilemma because of the volatility in this market.

Be a part-time trader instead of leaving it.

This #thread 🧵will be on what all #strategies, I personally use to generate active #income in the market.
We will discuss positional trading and investing in stocks and then about option trading.

In #Stocks, we don't take any leverage, so risk is lesser, whereas in #Options it is a leverage instrument, so risk is high and it can wipe out your capital.
#Investment #Portfolio:

This is basically my long-term portfolio, which I create for a horizon of more than 5 years.
There are certain criteria which I use to filter stocks in #Investment.

Mostly look for the sector where you know something.
Read 20 tweets
Creator Economy 🔥 🚀

What’s next for the creator economy & its intersection with web3? 🧵
At a high level, we’re moving from a world in which creators made income on their own, to one in which they build wealth together with their communities.
The Creator Economy is a subset of the passion economy— the emerging category of businesses founded by self-employed content creators, supported by the digital platforms and financial tools that make the monetization of content viable.
Read 38 tweets
📢THE COLLAPSE OF THE WORLD ECONOMY AND THE SOLUTION IN THE FORM OF CRYPTO! 📢

In this little story I summarize how Covid, Supply Chain, Debt, Wages, Inflation, a Eecession, Insolvency and an aging population come together to form a common solution: Crypto Assets

1) ...
So much is happening in the world. War, High #inflation, Covid, #recession, insolvancy, a debt bubble and Supply Chain problems.

All of these causes have a large impact on the world economy and therefore on your portfolio, which makes it important to understand what is going on. Image
The main consequence:

An nation on the verge of collapse and a debt bubble around the world.

As Ray Dalio said

'A nation in its last effort of strength is hugely in debt, there are internal wealth disparities and printing money seems to many to be the solution, but it is not'. Image
Read 25 tweets

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