Tech Professional Shares Journey of Moonlighting and Financial Success in India
Techie Earning Over Rs 70 Lakh A Year Reveals 'I’ve Been Moonlighting My Entire Career', Bought Rs 1.3 Crore House Without Loan
News 18
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A tech professional in India, earning over ₹70 lakh (approximately $84,000 USD) annually, revealed his experience of moonlighting for years while managing two remote jobs. Despite his financial success, he faced burnout and social isolation, prompting him to step back from one job to focus on personal priorities.
- 01The techie earned over ₹70 lakh annually while working two remote jobs.
- 02He bought a property worth ₹1.3 crore (approximately $156,000 USD) without a loan.
- 03Long working hours led to burnout and a lack of social life.
- 04He aims to reduce his income to benefit from lower tax liabilities.
- 05The post sparked discussions about the emotional costs of hustle culture.
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A young tech professional in India, earning over ₹70 lakh (approximately $84,000 USD) annually, shared his experience of moonlighting while balancing two remote jobs. His Reddit confession highlighted the emotional toll of India's hustle culture, revealing that despite his impressive salary, he faced burnout and social isolation. The engineer, who graduated in 2022 from a tier-3 college, worked for an Indian startup and a US-based company, managing long hours that often exceeded 10 hours a day. He recently decided to quit the Indian startup role after receiving a salary hike from the US company, raising his annual compensation to around ₹74.5 lakh (approximately $89,000 USD). This decision was motivated by a desire to reclaim personal time and reduce stress, as well as to stay below the ₹75 lakh threshold for presumptive taxation under Section 44ADA, which would lower his tax liability. Despite his high income, he admitted to lacking traditional savings, instead using his earnings to purchase a ₹1.3 crore property outright and investing in personal items like a gaming laptop and home gym. Now, stepping back from one job, he is focusing on personal priorities such as health and relationships. His post resonated with many online, sparking discussions about the sacrifices made in pursuit of financial success.
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The story highlights the intense work culture in India's tech industry, raising awareness about the mental and social costs associated with high salaries.
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