A Karnataka man, Shrinidhi Hande, went viral on social media after dispensing “financial advice” to salaried taxpayers on “saving 100 percent income tax.” The content creator posted the satirical video on Instagram following the Union Budget 2024 presentation on July 23, explaining how salaried individuals could save 100 percent income tax by “growing and selling grass to their employers.”
Financial Advice: Viral Video Captures Social Media’s Attention
Hande’s video, which has garnered more than 2 million views on Instagram, was also shared on X by chartered accountant Akhil Pachori. The video quickly went viral on X, eliciting laughter from social media users. The comments section is filled with amusement, with many noting, “Indians really do have a jugaad for everything.”
Financial Advice: Step-by-Step “Advice” for Tax Savings
“In this video, I will tell you how to save 100 percent on income tax,” Hande said, as he listed the three steps of the “very easy, legal, and simple process.” He humorously suggested growing grass at home and having employers buy it instead of paying a salary, thus transforming salary income into agricultural income, which is not taxable in India.
The “Logic” Behind the Satirical Advice
Explaining the “logic” behind his advice, Hande said, “By converting your salary to income from selling agricultural produce, which is non-taxable in India, your taxable income drops to zero. This way, you effectively save 100 percent on income tax. No need to worry about TDS or investment.” The video’s popularity highlights the humorous and creative ways people discuss tax-saving strategies in India.
