Can someone share a tax saving idea for 11lakh yearly income ?
1.5 lakh already taken in 80C.

Does anyone think Biden will *not* further extend the pause on student loan payments until after the election?

Anyone start later in life? About to turn 32 and my retirement savings are sad.

Anyone got a good tax person in the bay area?

Noticing a theme on fishbowl recently among young couples so wanted to get to know how (if at all) you managed to solve the issue of being in a relationship with someone who was in a considerable debt or had different spending habits than your own?

Living in NJ and may be able to choose NYC as my home office. People who live in NJ can choose NJ / NYC office, which one did you choose?

NJ office: no NYC tax, don't have to file 2 state return. Live in NJ so auto assigned to NJ office currently.

NYC office: NYC tax on paycheck, easier commute, possibly higher pay?

There’s a debit card that I’ve been using for the past 4 years and it beats out some of the cash back credit cards. It’s the Cash app debit card. I haven’t heard people talk about it in the card community and it could save people a bit of money - 10% cash back. I posted about it on my Instagram HerMillennialMoney if you want to learn my tips and tricks with the care.

This might be philosophical but wanted to understand if we should get satisfied and be happy with what we have or keep striving for more?

Reason I am asking this is - I earn close to 1.5 lakhs every month and if someone had told me this during my college days I would have taken it eyes closed thinking this is more than enough. But today, I am not able to be satisfied and I don't want this to become an affliction so thought to share with others here and get to know the general sentiments.

What is your savings goal by age? Eg at 25, 30 35 and 40! Thanks

Any loan facility available in BOA

How much has stock options changed anyone’s life here? Just started at amazon and I received 1500 shares post split. But obviously the vesting schedule is so long over 4 years and morale certainly will be up and down. I feel I’d be crazy to walk away before then and miss out.

Any good insights/links around miner profitability analysis across the various bitcoin variants. (I mean taking into account block size, block time, incentive per block, difficulty level..)

150K in Singapore, and $150K in Chicago. Which one would you accept?

What do you think on buying JPM, WFC, C now?

Can wife claim husbands PAN for HRA? Flat is in the name of husband

Best ETF to invest in? I’m 24 looking to invest about $50k and don’t know where to put it. Nothing that’s super high cost or risky please

Taking a personal loan of 20k or more will it affect perm (GC) process?

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.

Stocks only go up.
Apple calls, Microsoft calls and alibaba calls are peaking my interest now....

Needs some ideas for scenario planning optimizations! Currently have a model to predict conversions given media spend, I can adjust spend up and down to create different budget scenarios and send to model to get respective conversions. Thoughts?

SO and I are debating contributing to 401k this year since the rate of return is around -11% on our portfolios this year. I believe it would be better off saving the cash in my account.

I'm thinking of contributing again when/if the market picks up next year. Thoughts?

Hi Fishes,

Iam looking for a job

YOE 3.6
UFT automation, VB script, Azure Devops, SQL queries,
Manual testing

Please suggest me a job...
Please give me likes to enable messaging. Thankyou all......

So I’m engaged in an interview process for a top FinTech company. It started the 1st week of August and just now I’ve gotten word from my recruiter that they didn’t update on any decisions made. I had my 3rd & final interview last Friday. My recruiter doesn’t communicate well nor does she let me communicate with the company direct. May I being led on? Am I still in the race for this role in your opinion with the details stated. Please message me if you would like to know more in detail.

Can I negotiate with infosys if I receive higher compensation package from another organization after infosys
Also I m getting lead consultant- infrastructure management role.

What is infrastructure management here.

Pick one- breaking bad or Game of Thrones

Been seeing a lot of gt500 slander in this bowl what’s up with that 🤔

Is it worth to buy an apartment in Vancouver and working remotely?

Salam, Ramadan Mubarak! Anyone trying to maintain some level of strength training during Ramadan? I know it’s ideal to lift after iftar (maybe after dates/water + magrib and before dinner) but wonder if it is doable to squeeze in a 30-40 min training session right before iftar (for time saving purposes)?

Will hcl provide relocation amount doj 20 jan?

Considering switching careers:

I got hired straight out from college 5 years ago from a small CPA firm and have worked in Tax ever since. Lately, I feel like this is not what I'm actually into. What else I can do with my Accounting degree?

My passion is Real Estate and Interior Design, love Managerial Accounting, I can sit for hours analyzing data, I also have a degree in Supply Chain Management.

My passion cannot feed my family but I've been burned out so much after years in Tax. 😞

Hi folks!

I have been selected for senior engineer role at nagarro. I was hired for Full stack role (MEAN Stack). My joining is next month - Nov. I have no friends here and I don't know how is the culture and WLB at Nagarro. Please help me out. Also I have been reading many -ve comments regarding bench and firing. Is it true? Should I still look out for better ?

In short - I am very confused and nervous.

On the verge of leaving law but getting cold feet. Could someone talk with me? I feel like it’s just a matter of not getting good mentorship but I’m concerned my feelings might not change elsewhere. I just don’t know. I wish I could just have a mentor and guidance

Does anyone here have a Tesla? Should I do it???...

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
I resigned from the organisation before completing 1 year... Which will be deducted from my last month salary.
How does taxation works in this case.

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

Can I pay income tax challan using credit card?

My CTC is 21L and i have tax deduction for home loan at 1.5L and icici policy premium at 1.5L
How can i reduce my income tax in what all other investements ? Please guide me

If my company is deducting tax on reimbursements for example relocation, flight travel, mobile usage, etc. Then how to show in tax filing? bcoz as per my understanding it should not be taxable as I am using my money and company is refunding and no extra income. It's like I have already paid once and while refunding company again deducting. Please guide on this issue.

What are all the ways to save income tax?
CTC 9.8L

Hello fishes, can we buy land/plot to save long term capital gain tax?

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

How much rent amount should I pay to get maximum tax deduction?

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

How to save tax for the money from freelance work? As i already have a full time job.

Any ways to fake lta

Can I make rental agreement as paying rent to my dad for tax savings .. I would like to mention 46k per month as rent .. Please help .