Tax advise

Hi experts,

Can anyone confirm if meal allowance (200rs per meal) would be considered for exemption under new tax regime as well?

Suggest some ways to invest my money. As I am getting 1.2 lakhs in hand

Has any one received mail from income tax?

Still returns are not refunded . Any expected date ?

Hi fishes,
I want to save my money. So please suggest some ways to save my money whether it is mutual funds or any other

Hi guys does anyone know CA contact who can provide good returns , this is the last year filling under old regime in itr as from next year will shift to the new regime , please ping me if you know any… more

How much tax will be deducted if current CTC is 16lpa fixed and prev ctc is 8.5lpa. Since I have joined on June, they have not deducted anything as they deducted 7700 as income tax. So is everything c… more

How one can save some bucks from tax.
I am earning 15lpa
13.5 fixed 1.5 varible
Hardly getting 90k in hand.
What tax regime should I choose. ?

Hi everyone,
Is anyone here who can share a detailed PDF or resource explaining the new tax regime — including updated slabs, deductions (if any), and key differences from the old regime? Looking for a… more

🧾 Tax Season is Here! 📢

If you're looking for reliable Income Tax - ITR Filing services from a Qualified Chartered Accountant, I'm here to help!

Whether you're an individual, salaried employee, freelancer, or have multiple sources… more

Hi guys what is the tax deduction on 24 lacs fixed LPA under new regime? Can any one give accurate value without the salary break details

Hey, I joined a new company in the last quarter feb and they didn't deducted tds, what should I do?

Hi Fishes,

I know this is a TAX advice bowl but I hope you guys may help me in financial advice also.
I am going to book a car and want to lend money around 5 lakhs. Now got 3 bank offers
1. SBI with 9.35% fixed interest
2. PNB… more

Got a SMS like this from ITDCPC, but no email or notices found in site as well. Could anyone please let me know what and where to check this?

Processing of return filed for PAN: ACK No
AY: 2024-25 is p… more

I have property registered on my name and after couple years i got married. Now i am thinking of opening HUF account with my wife. Will she be entitled to half of my property (since property is not re… more

I used to pay hra to my father. How much do I need to mention in my father's ITR, actual rent paid or the hra calculation amount from my TDS/ITR?
Thanks

Hello Fishes,

Working in Tamilnadu state. So professional tax would be deducted as ₹1250 in 2 times per FY. Hence expected gross deduction would be ₹2500

But due to some internal tool issue, I got 3-4 deduction and gross… more

I feel like everyone around me knows their way around tax and scam to pay minimum tax. I am just not able to understand this and I end up paying so much tax! Any suggestions on how I can manage this? … more

For FY2023-24 i have opted for the New tax regime. And as tax I was getting deducted around 4k per month. And am not having any home loan and investments. And am paying 28k for LIC and around 24k for … more

What is the maximum amount that is exempted under 80G section for India Donation ?

Hi I am getting random tax deduction since last year (3.6lpa then) because my ex created my income tax account I believe. Now that my salary will be 11lpa, I have no idea how much more will be deduc… more

I am 29 years old, 70LPA package in tech industry. I currently have investments of 10L and liquid cash of 15L. I can save about 2L/month as I have no active debts. How should I build my portfolio to g… more

I have switched company and got leave encashment but the new company is adding that amount for tax calculation. How to claim leave encashment exemption?

Hi all,

For tax saving purpose I am planning to invest in ELSS mutual funds.Please suggest best funds

Hi
Joined a new organisation in December, but didn't declare tax here , I mean anything about the last organisation
Where this will create a problem for me or not?
I'm thinking, to skip itr return this year bcz … more

Hi Fishes,

Need to understand if I am staying in UK for 3 months, do I need to pay taxes?

Explaination - if I am working in UK on global mobility visa for 3 months with monthly salary of £4k/month, do I need to pay tax?

Currently my compa… more

While submitting tax it's showing my investment as low to achieve 100% tax save I have to increase investment in sip can I increase my investment on paper and submit while filling ITR my CTC is 8.… more

If I have a CTC of 35 LPA , Is it better to go for new regime

Are gratuity and leave encashment exempted under new tax regime for FY 22-23

Any tax advisor from chennai or coimbatore?

Why is it asking to deposit 70k rs after filing ITR? I was on 7lpa and was on another org and now 14lpa on another org ,time of joining sep 2022
Does it happen when u switch your tax slab from one to another within an assessment year? I don't know ,im getting mad with this income tax… more

Hi is there any tax advisor here ,
I'm very new to tax slab , i would like to know details about it .
Is it possible to teach me regarding that by having one session,please .
I will pay you the fe… more

Regarding tax deductions
Section 80 EEA

is stamp duty value means property value or just stamp fee we pay on property value ?

My property value is 50 Lakhs and loan amount is 40 Lakhs.

am I eligible for extra home lo… more

Do, I (employee) need to pay tax on salary deducted as bond?

I broke a employment bond and had to pay out 2 lakhs as bond.
I didn't receive salary for 3 months and paid rest of the bond amount by cash.

I looked up For… more

Are Indians working abroad (uk/Europe) able to save more tax in comparison to working in india?

What are the other benefits they get outside India? Even if they are paying more tax than in India

If anybody in particular could help,
What will be the exact tax deductions on 24lpa fixed ctc with pf and gratuity included in in it??
Tentative tax deductions information i have already got,but want to… more