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Showing posts from April, 2022

My Experience with Income Tax Return (ITR) Filing

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I once thought that if I know something (probably because I've learnt it somehow), I am saving money because then I don't have to pay someone to do that chore for me. This notion of mine has been smashed and boinked all around the place for the last couple of days. I am talking about filing my ITR (Income Tax Returns). Context In the past, during my school days, I have seen my parents getting irritated by the whole process. It was very cumbersome at that time- No online portals to make your work easy. ITR filing in India was a nightmare. I have seen my parents to delegate that task to professionals, who do it for a fee. The problem was, my parents never seem to mind that much about tax. I mean, they did moan about the atrocity that the Indian tax system is, but that's the extent of their outrage. I felt at that time, if they knew more on tax, they would be able to save more on taxes and also would be able to do proper tax planning. Oh boy, what a sweet dream that was! My Li

Breaking Brain Myth: How much do you use?

 There are some science myths that are very deeply ingrained in our society.  One such myth is regarding our brain and how much do we use it. There are many numbers floating around, depending on who are you talking with! Some say, we use just 2 % of our brain, while some claim it to be 4 or 10 %. Whatever the numbers are, I usually become frustrated with such claims. These notions became more popularized because of media- specially Hollywood films and TV shows. I can distinctly remember a show where one can just take a pill, and suddenly, they are able to use all of their brain- and thus resulting in great memory retention, information processing to catch bad guys and saving the day.  Unfortunately, this is not true- at least using our whole brain at special occasions. The potential range of memory retention and information processing can vary largely based on lot of factors. You need to understand that a normal healthy brain has mechanisms to actually 'forget' memories or to a