Some of you might be aware that, I was (am) looking for an employee for my company. So finally I found one 
I was looking for 2 guys basically, 1 for SEO and other one for PHP. So, found the guy for PHP…he is going to join from 4th April..
So now the I have to be ready for the expenses…
First major expense for me would be a new computer..It would cost me around Rs. 20,000 (decent AMD machine with 512 MB RAM), approx Rs. 3,000 for the computer trolley, approx Rs. 2500 for the chair…and then monthly Rs. 11,500 (Salary)….
I guess the time has come to save money and ask Ashish for some tax saving tips… 
Life is full of risks…you just have to know how to play with it and have fun…and that’s what I am trying to do..having fun..taking risks….seeing dreams coming true….(touch wood)..the feeling is good….too good…oh yeah..its just too good…
09-Mar-2006 at 4:54 pm
If thats the case, then I wish you spend still lots more …..
so that you earn still more
09-Mar-2006 at 4:45 pm
Oh yea..I am not mentining expenses as..Oh shit I have to spend so much…but its just the expense which I will have to occur to earn more and quire happy about it
09-Mar-2006 at 4:41 pm
Don’t forget your PC’s fetch you a 60% depreciation as an expense. So if you buy it for 20K, at the end of the first year, it would have a book value of only 8K! 12K can be deducted from income to arrive at net taxable income
So be happy about it 
BTW, Deep. You keep mentioning expenses. What about the extra income you will earn from all this??
Now stop whining!! 
09-Mar-2006 at 4:33 pm
The best tax saving tip is umm…save…. Yeah!!
Well, PC’s today are a lot cheaper than they were years ago… Be happy for that. My first system was bought years ago for 50K (which seemed bigger back then) and had all the so-called frills.