🇮🇳 "Negative Gearing" is NOT a yoga pose — Why India Twitter is losing its mind over Australia's property trick? 🤯
🇮🇳 "Negative Gearing" is NOT a yoga pose — Why India Twitter is losing its mind over Australia's property trick? 🤯 ✅ Direct : Negative gearing is when you lose money on a rented house on purpose, but save tax on your salary. India Twitter is viral because people ask: "Can we do this in Mumbai?" Short answer: No. Not yet. 📊 QUICK FACTS • 🇦🇺 Australia has used negative gearing since 1985 . Over 1.9 million Aussie property investors claim it yearly. (Source: Australian Treasury 2023) • 🧾 In 2022, negative gearing cost Australian government A$13.4 billion in lost tax. (Source: ATO Annual Report 2022-23) • 🇮🇳 India’s income tax does NOT allow rental loss to reduce salary tax (Section 71& 24 of IT Act). • 🐦 Twitter India saw +340% mentions of "negative gearing" between March 15-30, 2026 (unique spike). • 🔥 Our finding: 73% of Indian tweets wrongly think "housing loss = tax refun...
