I want to invest in SIP for tax savings but have zero idea. Can anyone please help me understand like if its a good option, how much shall be invested and all.
Thanks in advance!
ITR Refund Intimation Update.
After a long wait around 1 month. I received a refund intimation mail.
Anyone else waiting it might take you around 1 month or more.
I assumed it would take 1 week or 2 weeks…
McKinsey & Company Bain & Company Hi All.
I have 4.5 years of experience in consulting research for MBB client and CFA L2 candidate.
Looking for a switch to senior research analyst or similar role.
Can anyone refer to in their organisation if there team has any opening.
Deloitte Gartner Barclays KPMG EY Boston Consulting Group…
I am new to tax system, can anyone please tell how the tax system work, i have swtich the company recently and in starting month with bonuses I received nearly 3lakh first month but I saw stra…
I filled revised itr twice by mistake due to network issues, is it going to cause any problems?
Please suggest what should I do?
Did anyone recently received ITR Notices ?
In which scenario we might get one ?
I am trying to claim a 10k refund. I paid around 1.05 Lakhs tax.
I need some assistance regarding my tax returns. I worked at a firm with a 5LPA CTC from Jan 2018 to Nov 2021, and then I moved on to a new organization offering 13.5 LPA starting from 21st Nov 2021.
I am bachelor living in 2bhk flat in Bengaluru with my friend. We pay 15k rent. And my share is 7.5kpm = 90kpa.
(40% of basic) or (HRA given) or (Rent paid - 10% of basic) from these smaller one is considered to claim …
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.…
Has anyone done bogus entry while filing tax return to save tax and if yes, how much shuffle you made and id it safe to make some false entry. Please suggest
Is special allowance of it industry taxable??
Guys one doubt regarding LTA. I didnt submit LTA documents to employer. Cam I claim LTA on my travel during April 2023 for AY 2023-2024 directly in ITR. I have all the necessary documents and haven…
File your Income Tax Returns for FY 2022-2023 before 31st July 2023.
In case of any queries feel free to reach us.
If I have a fixed salary of 30 LPA , which regime should I select?
a. I don't have any loans
b. I have 80 C fully covered. Have investment of 1.5 L
Hi, please guide me either to select new or old regime.
I am earning 30 LPA fixed, I can show full 80 C 1.5 L. LTA bills for 30 k. Medical expenses for 1 L. Apart from this I don't have much to show.
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Hi fishes, I recently filled the ITR, I had the home loan interest exemption which I couldn't claim in my company because it was closed. I have claimed that in ITR. Where should I submit the proof…
Hi All, My salary is as below. Can somebody suggest me whether old regime or new regime is profitable for me? I current do not any ELSS, Pension schemes, LIC or anything applicable for deduction, but I am willing to take if it is profitable. I really do not care about such deduction schemes but what I need is the maximum savings (pay less tax). Please help me on this. Deloitte KPMG EY
What would be in hand salary for 10,00,008/- fixed? Under new tax regime. Can anyone please explain also?
Anyone please guide should I select old or new regime.
Having home loan and CTC is 23 LPA.
New to taxable income.
Please can anyone help me understand the basic of saving tax deductions and what declarations to show in order to save tax. CTC-10,00,008
Should I pay education loan ASAP or should pay slowly to get benefit of 80E, I can payoff my education loan in upcoming 8 month starting from may. Should I do that or should I plan to payoff in upcoming 6 years(considering 80E can be claimed for 8…
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…
Has anyone declared rent more than 50k per month in tax declarations.
Do you deduct 5% TDS on the rent amount and file it with the tax department? Also do we need to submit any additional proo…
Can someone share a tax saving idea for 11lakh yearly income ?
1.5 lakh already taken in 80C.
Hi all, I have recently reached to Taxable income stage and my current CTC is 14lpa.
As the tax filing and deductions and policies intake to save tax deductions seems alien to me..kindly lemme know the…
I received a joining bonus of 2L while joining a company which i had to pay back to since I left a year. Tax was deducted while it was payed to me, around 1.4L was credited to the account. But they t…
Is Elss a good option for 80c investment. People who are investing in ELSS, can they suggest how is it and any good plans. I just searched about hdfc tax saver and quant tax plan. How are these in te…
Am loosing 60k every month as a deduction
80C -1.5L exhausted
section 24-50k(not much home loan left)
Already investing in SAF, which won't show in the salary component.
Planning to buy a home soon, so investment shouldn'…