Maverick/Trader/Quant/IITD/IIMB/BNP Paribas/Citigroup/Govt of India
Jul 23 • 5 tweets • 2 min read
The budget changed the LTCG on real estate by bringing it in line with other assets at 12.5% but removed the indexation benefit.
Let's analyse in numbers how the indexation removal will impact those selling real estate by taking multiple scenarios.
Assumptions:
Sale Year: 2024-25 [have used the cost index factor of 2023-24 as an approximation]
Purchase Price: ₹1,00,000
#budget #ltcg #realestate
Calculations for 2009-10 Purchase Year
So, in this case if your property has become 5x or more, you will be better off in the new tax structure. Else you are at a loss.
Jul 14, 2023 • 15 tweets • 5 min read
Topper's answer scripts are the best guide for anyone preparing for the exam.
Launching a deep dive into the answer writing style of this year's UPSC Rank 1, Ishita Kishore!
A thread to understand the writing style, observations and learnings from her answers: 🧵
Q: Let us take a seemingly simple question from Indian Society :
"It is not the diversity, but threat to diversity that imperils the unity of the country. Comment".
This is a 10 mark question to be written in 7 minutes.
Jul 6, 2023 • 16 tweets • 3 min read
Mahabharata, the epic is filled with ethical dilemmas that challenge the characters at every turn. Also it is rich in ethical theories and concepts.
The base of many western ethical theories can be found in this one text!
Let's explore this and more 🧵👇
: 🎲 Dice Game: Yudhishthira's choice between loyalty & honor.
"Real honor is the renown of all your peers, not just those like you." - Aristotle.
A valuable lesson in Aristotelian Ethics about moderation & avoiding extremes.
Jun 29, 2023 • 11 tweets • 2 min read
Rabindranath Tagore revered nature for its divine presence, power to inspire, and the lessons it offered. His words still resonate deeply with us.
A thread on beautiful lines on nature by the Nobel Laureate Gurudev
🍁 "The same stream of life that runs through my veins night and day runs through the world and dances in rhythmic measures."
Nature for Tagore, was life itself, a divine rhythm connecting all living things.
Jun 23, 2023 • 15 tweets • 3 min read
If you master these principles, you will be far ahead of your competition in any exam or endeavour!!
A not-to-be missed thread!
Retweet for wider reach 🧵
Pareto Principle (Focus on the Important):
According to this rule, 80% of your outcomes come from 20% of your efforts.
When studying, focus on key concepts and topics that are likely to yield the most results in your exam. Prioritize your study time for maximum efficiency.
Jun 23, 2023 • 16 tweets • 4 min read
13 powerful Latin phrases that can not only add gravitas to your discussions/answers/ essays but also guide you in life.
A thread 🧵
Pls retweet for wider reach
Fiat justitia, ruat caelum
"Let justice be done, though the heavens fall."
This is my favourite and is used to express the belief that justice must be realized regardless of the consequences.
🧵 2/n
Jun 5, 2023 • 16 tweets • 5 min read
Looking to add depth to your essays and ethics answers?
Starting with John Locke, I will unpack the ideas of leading philosophers, equipping you with impactful quotes and theories to add value to your answers.
Locke, often called the "Father of Liberalism," played a key role in developing political philosophy, epistemology, and education theory.
His ideas on tabula rasa, property rights, separation of powers, Social Contract, character building etc laid the foundations.
Jun 4, 2023 • 10 tweets • 3 min read
The New Parliament building houses a Foucault’s pendulum signifying the integration of the idea of India with that of the cosmos!
- Also represents the spirit of scientific inquiry and scientific temper enshrined in Article 51A
Let's understand what it is & how it works:
It's one of the most captivating and insightful demonstrations of Earth's rotation.
Invented by French physicist Léon Foucault in 1851, this simple yet elegant device offers concrete proof that our planet is indeed spinning on its axis. It created a sensation with its 1st demo!
May 18, 2023 • 46 tweets • 7 min read
India, a land rich with history, culture & natural beauty, boasts 40+ UNESCO World Heritage Sites.
From ancient monuments, spiritual temples to diverse national parks,
Follow this thread to enrich your exam prep!
- UNESCO designates World Heritage Sites
- 32 cultural, 7 natural, and 1 Khangchendzonga NP is of mixed type
- 6th largest number of sites
- First listed in 1983 -> Ajanta, Ellora, Agra fort, Taj Mahal
- Le Corbusier site shared with 6 countries
-52 sites in tentative list
May 18, 2023 • 10 tweets • 4 min read
G20 is being hosted by India in many cities and hence they are frequently in news.
Karnataka, UNESCO World Heritage Site,
capital of Vijayanagara Empire, 14th-16th century, Ruins spread over 4400 hectares
Virupaksha Temple, Vittala Temple with musical pillars, Hemakuta hill temples
Historical & archaeological significance
May 18, 2023 • 17 tweets • 4 min read
'Mann Ki Baat' can become 'Prelims ki Baat'!
Last year questions came from PM visits and inaugurations, this year it could be MKB!
Dive into this thread to discover key takeaways from last 12 episodes.
Lachit Borphukan:
Famed Ahom general, led Assamese forces to victory at Battle of Saraighat, 1671 against Mughals
Ahom kingdom (1228–1826): Estd by Sukaphaa, expanded under Suhungmung, Lost in First Anglo-Burmese War &Treaty of Yandabo in 1826
May 16, 2023 • 15 tweets • 7 min read
If you are preparing for UPSC prelims or otherwise, maps provide a context to the news we read every day.
Gear up for to know important must know facts through maps!
A dense thread 🧵👇 ->
Follow me for more and retweet for the algo
Ukraine
- Remember its neighbours
- Read on Black Sea, Azov sea, Dneiper river, Odessa, Transnistria, Kherson, Mariupol
- Donbas region conflict - Donetsk, Luhansk
- In 2014 Russia annexed & formed 2 federal subjects - Republic of Crimea, Federal city of Sevastopol
May 15, 2023 • 76 tweets • 11 min read
70+ terms on Science & Tech you must not miss for UPSC prelims.
Since 2-3 direct terms are asked, this is the lowest hanging fruit you can catch! Do write in comments any other important terms.
A thread: 1. Cellular Agriculture
- It involves producing agricultural products from cell cultures rather than from whole plants or animals.
- This approach reduces the environmental impact and enhances animal welfare.
- Products include lab-grown meat, milk, and eggs.
Sep 12, 2022 • 13 tweets • 5 min read
9 mind-blowing AI websites you probably didn't know existed:
1. Writesonic 2. Lexica Art 3. Fireflies 4. Dictation
5.Replika
.....and more
1. Writesonic.com
Combines the power of AI and the creativity of human beings to take content creation to the next level. Copywriting tool for assisting various kinds of writing