Discover why having acorns in your pocket can transform your spare change into a powerful investment tool. Meet Acorns, the app that rounds up your purchases—like that $3.50 coffee—to the nearest dollar and invests the extra 50 cents for you. It’s like a smarter piggy bank!
Imagine turning daily habits into a diversified portfolio of ETFs effortlessly. With options for recurring investments and retirement planning through IRAs, Acorns simplifies investing for everyone—from beginners to experts. Don’t let your change sit idle; make it work hard for you! Download Acorns today and start growing your wealth one coffee at a time.
Discover why having acorns in your pocket can transform your spare change into a powerful investment tool. Meet Acorns, the app that rounds up your purchases—like that $3.50 coffee—to the nearest dollar and invests the extra 50 cents for you. It’s like a smarter piggy bank!
Imagine turning daily habits into a diversified portfolio of ETFs effortlessly. With options for recurring investments and retirement planning through IRAs, Acorns simplifies investing for everyone—from beginners to experts. Don’t let your change sit idle; make it work hard for you! Download Acorns today and start growing your wealth one coffee at a time.
What is the Sodexo Card? Can the meal pass card save some tax for you?
Did you know you could save up to ₹9k in taxes using Sodexo meal cards or food coupons?
What are food or meal coupons?
If you have been employed for some time, you would have seen many companies provide free food to their employees on the office premises. And others provide food coupons to compensate employees for their food expenses during working hours.
Now, the expense of the meal or coupon is added to your CTC (Cost to Company). And this component can change your tax payable amount.
Because according to Rule 3(7)(iii) of income tax, food coupons or meal vouchers are tax-exempt up to the limit of ₹50 per meal. Such meal vouchers issued by a company to its employees should be used only during working hours. It is restricted to two meals per day.
So, if we assume two meals per day, this works to ₹100 per working day.
Let’s assume that if you consume two meals a day using meal vouchers in a working day and work for 22 days in a month, then meal vouchers can be tax-exempt to the extent of ₹2,200 per month (₹50 per meal*2*22 days).
Most companies offer food coupons of ₹1,100 to ₹2,200. If you work for 26 days per month, you might get a food coupon for ₹2,600.
Therefore, your net taxable income can be reduced by up to ₹31,200. And this can save you around ₹9k in taxes (In 30% slab, excluding surcharge).
Remember, this tax exemption is over and above the exemption allowed under section 80C. So you will find the food coupon allowance amount in your Form 16.
Also, things have changed these days. Companies offer coupons to employees, and they use them anytime they want at eateries. They do not restrict it to working hours.
Read more about what is Sodexo card, how to avail of additional discount on it, the benefits & drawbacks of the card and whether should you use it or not? Here - https://blog.vrid.in/2022/12/27/what-is-the-sodexo-card-can-the-meal-pass-card-save-some-tax-for-you/
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i have so many feelings about this conversation. the grief and guilt for the lives he took. how he’s able to sympathize with the gur and acknowledge what he’s done to them as well as what they did to him.
People often ask how to become famous, because they want to get rich fast. Which is unfortunate because most famous people are SLAVES.
They are often controlled on where to go and what to say. The absolute rich are invisible. No one can control them.
If you are young enough, hungry, want to become rich, and influential...DO NOT try to become famous. Stay in the shadows.
Like the folk who have 1M subscribers on YT, yet nobody knows their face.
Remain faceless/low profile : low vibrational/poor people chase fame. They think the rich are all over social media showing their lifestyle and wealth. So they try emulating them, big mistake. The authentic super rich don't consume, they don't show off, or want to stand out in an obnoxious way.
If you are invisible you are untouchable. I personally stay in the shadows. That is a part of my power and mystique. If you are faceless you have less enemies, less evil eyes, and uncancellable.
Always move in silence : broke minded people talk too much. Openly sharing their specific goals, plans, and next moves. When you make moves in the shadows, they cannot anticipate what is coming, not stop your plans. You are capable of changing your life in a short amount of time when keeping your mouth shut and strategizing.
Never take too much credit : most people want praise when they work. Hence why they cannot work in silence. Pathetic. If you work don't seek recognition. Compliments and flattery don't make you rich! They only feed your ego. Let other people possess that vice. YOU observe, learn, and strategize in SILENCE. Until the time is right to strike. Honor will come in time, they're already watching you to begin with.
Never forget God : When you build in silence...you may feel lonely or feel like giving up. That's when you remind yourself there's always someone on your side: GOD.
Never lose hope, keep building in silence. When your time comes and you finally become successful, don't forget who helped you get there.
Surround yourself with other successful people (Proximity) : however, never for alliances with people who hold different values than you. Short-term gains will end up becoming long-term losses. Find people of honor and integrity. Those are potential life partners. So will be there family to your family. People without those two things can NEVER be good partners.