Can anybody help me with my take home per month?

Post Photo
Posting as :
works at
You are currently posting as works at

Even buying a electric car , you can claim tax deduction for interest paid

likefunny

Also use NPS , medical insurance for parents and some charity to reduce taxes

like

You wish the company gave cash and hide them as benami

Depends on your tax regime and investments. If you have utilised the 1.5L in 80C then you can expect a minimum of 1.38L every month

Yes if you utilise 80C and 80D fully, that will reduce your tax burden to some extent. New tax regime is for people who don't have anything to declare.
Additionally, you can use ClearTax's tax calculator to understand how much you will be taxed based on your investements

Will opt for old tax regime and I can use 80C and 80D

This is such a straight forward breakup.
Which company is this?
And whats your YoE?

Which technology do you work on?...Nice package for 2 years

like

Related Posts

What’s your age and asset allocation?

like

How do I connect my GDAX account with coinbase? Please help

Does anyone have a good practical guide / book on getting started with small multi family real estate investing? I’m in Canada and am looking to avoid hype books to get to the practical need to know details. I have between 250-350k to invest and looking to scale as quickly as possible

like

Rent or Buy a house?

like

Has anyone heard of Ponce Bank - it is giving 2.5% yield for money market account. And UFB direct is giving 2.21% on money market account. And Marcus by Goldman Sachs is giving 1.7% on savings account. Which one should I go for? I have about $200K to keep for sometime until I decide what to do with it

Anyone else in ATL? We had the highest inflation increase of any city in the nation last year and COL is way up. My rent is now more than it was in DC. Anyone seeing COL adjustments? F20 not FAANG.

like

New to fire, started my first year in the workforce last year putting 13% + 1.5% employee match into a Roth 401k. This year I upped it 1% so 14+1.5% total now. For reference I made in the mid 80s in year one. Is this a safe contribution early in a career? Any tips, or suggestions on how to allocate my savings?

like

I am currently serving my notice period at PwC AC. They had given out a retention bonus in march with the clause to return it in full if an employee leaves the firm any time before march 2023. Tax was deducted when the bonus was paid out but as per the HR the tax will not be adjusted when I pay back the entire amount. Has anyone faced a similar kind of issue and is there a way to claim tax rebate in ITR ?

like

Which brokerage account you guys are using? any recommendations plz?

At what point should you buy a home? I have 120k saved up and want to buy a home in Chicago that requires a 60k down payment. My plan is to move back in a few years, but rent it in the meantime. Currently renting in Bay Area and 0 interest in staying/buying here.

like

Do you save tax by showing HRA even if you have self-owned&occupied property ?
Is it legal to do this ?

like

What are good areas to invest in the Middle East (stocks, certificates, real estate etc.)? Open to hearing about both low-risk and high-risk asset classes. For people who invest in US / European markets, what platforms do you use?

like

Corporate suggested me for a DON position in TX. I currently live in SD and work as ADON. Corporate said minimum salary would be 115k. Then flew me there for 2 weeks to see the building (nursing home). They all loved me, as does corporate. But my offer today was 90k. When I said I was told 115k they countered with 100k. I said I’d think about it over the weekend but really am looking for at least 110k. Have to sell my house and move and rebuy w higher interest rates. What do you think??

like

How much is an acceptable down payment for a home? I've seen some great listings asking for 10%, whereas some others are requesting up to 50%. Is this normal and what does it depend upon?

like

I'm in my 20s and making more than the combined income of my parents. There's something wrong with the society that we live in.

like

Gold digging post made me think about this. How much is money a factor for you in finding a partner at this age? What are financial dealbreakers or red flags for you? Would love to hear from all perspectives on this one.

like

Thinking of dipping my toes into real estate and wanted to see if anyone has any books/ podcasts/ courses or even any tips or advice that you wish you had when you got started?

Goal is to diversify my investments past the stock market. Any help is appreciated!

like

How did you all start as an angel investor? I am interested in becoming one… but don’t know how to start. I have 20 yoe in tech, and currently work for a faang. My entire portfolio is in stocks and re. I would like invest $250k or so over the next 12-24 months as an angel investor.

like

https://yieldnodes.com?a=kR0zejgYmyoDrVm

Make 6-8% monthly passively

Yieldnodes is a server rental program, NOT a trading investment. It is not related to trading cryptos or currencies in any way.Participants' funds are used to set up servers that operate as masternodes and to stake small volume coins which allow those servers to partake in crypto network activities and generate more coins. The proceeds are shared 85% to participants and 15% to the program (the rental payment).

like

I’m really discouraged. My after tax / after 401k contributions etc. take home pay is $6,500 monthly. I have $60,000 in savings / stocks for a down payment but even looking at a $550,000 home, my monthly payment would be about $3,400 from the calculators I’ve been using. Is that too high?

So discouraged that houses where I live are about 50% higher than what they were 2 years ago, and now interest rates are around 5.25% for my credit score. This is like a 1750 sq foot home

like

More Posts

Latham IP lit— thoughts?

like
helpful

Lincoln International Valuation. Got reached to apply. Anyone here able to chat?

How is it working at MediaMonks LA? Saw an open position I’m considering applying for.

like

The hostility on my team is rough. We have a yeller. I walked by her room the other day. She was screaming across the room at a student, "you have to be kind to get kindness." Seriously, those were her words in a loud, berating, angry tone. Our admin has asked that we not report these. We are to talk to the teacher. She has yelled at me and other adults. Admin has to know she treats the kids this way too. One teacher has to work with her door closed to not hear the yelling all day.

like

My partner tells me to share my anxieties. I do share some, but I tell him I cannot possibly share all. There are many, and I don’t want to subject him to the inner turmoil I suffer daily.

like

What is the most ridiculous research topic you have ever come across?

like

We got a puppy and I am losing my mind

funnylike

Hi fishes,
So I had 2 technical interviews with HCL which I was shortlisted and I got a call to have a client prep session but I have not gotten any offer from HCL. I just want to know if this is normal

like

Hi , I have an offer in hand Accenture -17 fixed. Expecting an offer from MS soon! And my notice period is about to end - will have to wait for a few weeks before I can join MS. Should I wait? And not join Accenture? Or should I join Accenture and resign? Morgan Stanley Accenture

like

I’m looking for a creative lesson to match this standard. Any suggestions ?

Post Photo

Tips on how to get an appointment to get vaccinated??

like

Hello all from JPMC , I have heard that generally bank do not have good variable payout as compared the big 4 ?

So for same fixed pay does big4 generally pays out more variable bonus ?

like

What is the salary band for Associate 602 at JPMC ?

Hi,
Anyone from Standard Chartered willing to provide referral?

like

Anyone know how the media department is at RPA? I hear a lot of great things about the agency as a whole, but open to all opinions!

like

How are the SAP projects in Fujitsu?

What happens in case of OBI violation any idea in Morgan Stanley?

Hi All,can you please let me give me some idea about the following things:

1. what kind of technologies are used in Data Engineering projects in ANZ? Do they work with open source frameworks like Pandas, Pyspark etc. Or everything is done using their internal tools?

2. And is there any opportunity of internal project switch after 12-15 months if I want to work in some different tech stack?

3. How is the work-life balance and job security for people working in India office?

Thanks in advance.

Additional Posts in Tech India

Thanks, Ukraine and Putin🙏

Post Photo
likefunny

Thoughts on unlimited PTO?

like

Nagaro or NTT data,which is the best option

like

Almost everyone of us is going through big/small problems in their professional/personal lives.

Just a reminder to go easy on yourselves.

like

Happy Diwali ✨ 🥳

Post Photo
like

What should you be doing in 90 days notice period?

like

Hi Guys, I'm looking for a referral to Confluent inc. for this role :

https://careers.confluent.io/job-description/8ebdfc4c-fb8c-52b0-a611-2c11e9c3ffac

Would be quite helpful if anyone here could refer me.

Thanks in advance!Confluent inc.

like

What kind of technical questions and coding questions should one expect for a developer?

likehelpful

Hi all!!!
I need some insight on Tata digital (NEU app).
Holding below offers:
Barclays : Fixed 36 ( need to relocate Pune)
Jio Digital: Fixed 40 + 4 variable (need to relocate Banglore)
RBS: Fixed 38
Tata Digital: Fixed 37 + 3 variable

Considering relocation, cost of living, and wlb, which offer should I consider?
Currently in Delhi NCR

like

Hi fishes,

I attended an interview in an MNC yesterday. Now they are asking for my documents. Does that mean i am selected for the job Or will there be any other rounds?

Thanks,
Fish

like

Is 6 months too early to leave a job? I dont like my current one.

like

Are smart watches worth it? Thinking of investing in one

like

What is professional reference in Background check form of Amdocs? Do we need to enter the person name from the same company?Amdocs

like

That's the reason why we have more female HRs

Post Photo
funnylikeuplifting
like

I've offer from Xoriant private solutions ltd./Xoriant as Business Analyst. Client is Terenity Tavisca (a JP Morgan Chase acquired company). Is anyone working there? Need to know about company culture especially in terms of job security. Please advise (can message me privately)
Thanks!

like

Software Engineer here, just been informed that I’ve been PIPed. Should I look elsewhere or work to clear it out?

like