Anyone opted for NPS Employer contribution, is it good for tax saving? Is there any maximum limit to it? Does employer really pay it or deduct it from our CTC only?
Please help.

How do you effectively plan for retirement?

I’m 25 and have found a duplex I’m considering purchasing as a rental property. Planning on renting both units and have the cash to make the down payment without an issue. My cash flow analysis has a payback period of 3 years for my down payment and a 13 year payback period for the whole investment. I think financially it makes sense. My question is, is it realistic for a 25 year old young professional to handle dealing with all the extra curricular’s that come with owning a rental property ?

Moving to New York as a new analyst. What neighborhoods should I look at/how much should I expect to spend in rent?

Guys, what platform do you use to trade US stock?

Living in Van. Previously lived in Toronto. Obviously rent prices are high as is cost of living. Generally go out and spend more often living in a city. Boyfriend and I on good salary but not saving much due to the above. Before we move home to our own country, we’d love to spend a year close to Vancouver where rent is cheaper, temptation is less, to save. A commute to Vancouver 1-2 times a month needs to be possible (his job). That can be a flight if it’s not crazy. Thoughts? Recommendations?

For any real estate investors

22 years old and currently focused on using my left over income to invest and pay off my debt. I am set to pay off my college loans by next year and, when I do, I want to look into investing into real estate. Does anyone have any suggestions on how to get into/learn more about real estate investing? Or how I can have enough knowledge on the topic to be able to invest wisely when the time comes?

Any books? youtubers? etc. How did you all learn about it?

I'm a masochist. PRQ tied up a ton of my assets during the last run up in early 2021 while crabbing and dumped just as bad as other alts in May. I just heard whispers of a big cex listing and put some money back into it. 😬

Thoughts on potential business ideas or investment opportunities where I can live the life I deserve now and not in retirement? I’m always trying to think of potential business ideas and come up with nothing. As far as interests, it doesn’t matter what it is. As long as it makes money I’m interested.

first trade ideas for dec 23
$MVIS puts $FCEL calls

How much % household should on average save from their gross income.. including cash, investment, retirement etc. all inclusive

What % of post-tax income do Londoners usually spend on rent?

Offered 6.2k per month post-tax and thinking of spending 2k on base rent, single household. Does that seem reasonable for someone who wants to save and invest?

I selected new tax regime in the company 'xyz' portal for April 2021-March 2022. I left this company in jan 2022 and tax of 16k got deducted from F&F settlement.

I have investment in EPF and submitted the rent receipts to the company for tax exception for HRA. But in F&F, based on new regime tax deducted.

During filing ITR for assessment year 2022-2023, can I file by selecting old regime and get this 16k return?

Best credit cards for a non-road warrrior after CSR and Amex Plat changes? I think Amex Gold and the Chase Flex are pretty good - do not think CSR and Plat are worth it anymore

what are the tax implications when you withdraw from your espp? what are the necessary steps you have to take so you don’t get overtaxed?

I have a monthly 1.2 TB limit on my xfinity. How many of you have the same limit and how many of you exceed the limit?

Does anyone work in Dubai or Singapore who can give me an idea what you get paid? Thinking of making the move from Norway. Lower/no personal income tax is the incentive - paying 47% 😭

I have been DCAing over the last few months on binance and then moving the tokens to my Celsius wallet.

It has become really difficult to keep track of the actual cost of the tokens and profit/loss.

Any software or app recommendations, I am almost inclined to start an excel spreadsheet to keep track now

Looking for a great realtor with knowledge of East Austin. Any recs?

Is Bitcoin about to fall below 30k or rally back above 40k. Vote below 🔮

Been lurking on this group for a while. I’ve only traded stocks ever. What’s the best way to start with options? Any great video tutorials or websites that can help me understand the basics. I only have theoretical knowledge of options thanks to a derivatives class I did at college.

Looking to buy Rolex OP. Thoughts on new vs used? Is the additional ~2k worth it for new?

Anyone else feel like people are just looking for ways to be offended today? Especially when it comes to ads.

Creatives who left for tech. What is it exactly that you do now? Is it still writing or art directing? Or a different creative role? Hearing about people leaving for tech so I want to know what it means exactly aside from the benefits.

Why do we do this to ourselves? I’ve been working 90+ hour weeks for the past 9 months, always under insane pressure, I’ve given up weekends, holidays, any possible time, and the firm still wants more

Hi Fishes,

I got offer Letter from infosys 2.5 months back, now when I am trying to decline the offer by sending a mail to HR, it was not getting delivered as HR left the organisation 1 month back, I forwarded mail to feedback team of infosys but still got the mail from onboarding team with joining details and WebEx link, kindly suggest how to proceed in this case.

best drama stories

My favorite week in Miami is coming up! Hope you folks in brickell don’t mind the 45 minute wait for Ubers lol

Hi All, new to IFS! Excited. I’m a mom so this transition is LONG over due... coming from financial services advisory. Any advice on how to make this a good experience and quirks I should know about?

How do referrals work?
If I get a referral from someone and I apply, then can I still reach out to a recruiter on LinkedIn expressing interest in the role? And do I let them know that I already applied? I’m sure they get tons of messages so I want to write something that won’t be overlooked. Any advice is appreciated:)

Anyone from @Tide UK? I’m interviewing for a role and I’d need some help with the prep.

Any tips for a public defender who wants to transition into big law?

I’m not a biglaw attorney but have been working on a few matters with Wilson Sonsoni for some time. We have a good working relationship. Didn’t go to a T14, had middle of the pack grades. What’re the odds they’d consider me as a lateral in the Washington DC office? Is it even worth applying? Is a STEM background absolutely mandatory? Any other insights on culture and expectations at WS’s DC office would be appreciated. Thank you 🙏

Has anyone worked for AspenRx? Any feedback?

Hey everyone. I'm joining JPMC next week and was wondering do they provide a budget to purchase your own laptop/equipment. My manager said they don't provide laptops and that I can use my own. My laptop isn't the best so I would want to buy a new one.

Onsite opportunities at CitiusTech?

I am an account manager. More on the Operation side than sales. I help manage day to day needs of our client, develop training docs, and usually the go to for the coordinators when they can’t solve any issues in the account. I have not received a raise in a little over a year and I feel underpaid with my background. How big of a bump in salary should I request?

Just registered for WAATBP end of this month and am looking forward to it!

Current holdings are FUSE, FTOC, CCIV.

CCIV has been a roller coaster but today was amazing. Anyone else on this ride?

I just sold TCHB for a pretty decent 30%+ profit before it dropped today.

Anyone recommend any others for some DD? IPOF seems to be a hot topic this week but also keeping an eye on PRPB since it's one of the largest pre LOI SPACs and that could let them find a larger target than most others.

I am doing a back door Roth IRA through Vanguard and while everything makes sense to me, I am unsure if an additional $6000 be invested for a non working spouse. We satisfy the criteria but two questions - 1) Is this still valid I.e., $12k can be invested for 2021? And 2) Any insight into how this is done - Vanguard doesn’t let me add more than $6k as it’s above the individual limit. I tried searching the bowl for specific answers but wasn’t successful. Inputs appreciated.

So the fiduciary rule got tossed yesterday

I selected new tax regime in the company 'xyz' portal for April 2021-March 2022. I left this company in jan 2022 and tax of 16k got deducted from F&F settlement.

I have investment in EPF and submitted the rent receipts to the company for tax exception for HRA. But in F&F, based on new regime tax deducted.

During filing ITR for assessment year 2022-2023, can I file by selecting old regime and get this 16k return?

Guys can anyone help me to get the best refund or filing for tax for 21 LPAfixed 26LPA CTC.
I know my in hand salary will be 1.3 by any chance can I make it more ??

Does your organization make you feel like your work is only a support function to their more profitable businesses?

Hi,

I just want to know a fact , upto which ctc can be adjusted to minimal tax deduction under new slab?
Like 15lpa ,20lpa

Could anyone please tell about NPS CCD(2) ? Is it paid by employer? What needs to be done in this?

Do you submit fake rental receipts and owner pan card detail for HRA? Is it normal ? I see most people does in my team. They submit parents or spouse pan card number as owner pan card number to get HRA. Is it same everywhere?

Anyone here working in M&A tax? need a referral.

I'm a recently qualified CA (first attempt)

Hi,

Can I pay full hra amount as rent to my parents to get hra exemption benefits.

HRA: 5 lakh

How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

Whats the max of monthly rent has anybody shown for HRA deduction 😅

My company has asked for investments proofs. Jts feb only and i have upcomming mutual funds sip also. How can i show these upcomming sip investments ?

Hi All,
I recently learned that we can get our PPF limit from 1.5Lakh per year increased and so does it increase in 80C. Is that true? And if yes, how can it be done?

Please let me know how to claim (whats bills needs to be submitted) exemptions for Special Allowances.

My CTC will be
Basic 13LPA
FB 7 LPA
Total fix pay - 20 LPA

80c - 1.5 LPA
HRA 3 LPA

Any one please help mi on which tax method will be sutable for me old or new?

In case anyone needs help with their Tax returns, please feel free to DM me.

I am working from EU since last year (internal transfer from India), also doing freelancing for an another startup since last 2 years and the payment is going to Indian account.
My employer assigned a tax consulting company in India to support me in filing tax, somehow the tax consulting firm found that bank account via AIS document (not sure how they get it in that doc), as they found some interest credited for that saving account. Will I be in trouble? will I have to pay penalty :(?

How to bring tax liability to zero for 15 lpa ctc?
Can I claim hra for less than one lakh per FY and Maximum housing loan benefits?

The rental place and property under loan are in same city.. Parents stay in rental ( I pay rent) and I have purchased new flat in same city for myself.

Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

I have not filed 2017, 2018, 2019 return as my total income was less than threshold

Is it possible to file return for 2017 , 2018, 2019( all r in refund) now without paying any penalty?

Hi Guys,
Need your advice. I have forgot to enter challan details while filing tax and then e-verified then it return with pay later option, though i had paid the income tax first first hand via pay now option.

Will i get outstanding demand plus need to pay penalty for late payment in this case?
Also when will i receive the outstanding payment notice if it happens?