Dear fishes,
*Have you yet filed your tax returns?* Last date is 31 july We are pleased to announce that we are offering assistance from qualified chartered accountants to help file your income tax returns. As the tax season approaches, we understand the importance of accurately filing your returns and maximizing your deductions.
Dm me for details.

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

Related Posts

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 .

likehelpful

Random Q unrelated to advertising but is anyone investing through Fidelity? And what mutual funds/stocks are you investing in that show potential?

like

Interested in starting AirBnB in SoCal.
1. Where do I start for gaining how to knowledge.
2. What’s are the best areas to buy the property for best cash flow and appreciation down the line.

like

Hi All. Have anyone applied for flexi basket declaration in HCL. Kindly tell me if there is any good tax savings or of no use.

like

Is it possible to be a “silent” investor (party A) with a friend who’s an accredited investor (party B)investing in a company? So if B is investing $50k in a company, and A wants to give B $25k of that investment, is this possible with an agreement between A and B, where they’re responsible for their own portion of taxes?

Trying to open an account on TreasuryDirect to buy i bonds, and I am required to get an authorized certifying officer to sign a form to complete the process to open an account. Anyone know what that is? I went to my bank and asked, they don’t think they can sign it 🧐

like

I spent the last 3 months "growing up" & now I'm ready to go. 1st thing is for me to get my own place. I'd like to buy instead of rent because I don't want to pay someone else's mortgage.

I'm thinking of selling my car & cash out some of my 401k to buy a house. My thought is to put down 3.5% for a FHA loan then make a big payment towards the principal to reduce long-term interest.

Anything wrong with this thinking or anything else I should consider?

Looking for someone who is trying to cut down on expenses and save more. Anyone looking to get financial freedom or save up for a new business by a certain time period?

like

How much I can expect monthly take home salary. I pay rent 1LPA,1.5 LPA 80c. Any suggestions to minimize the tax deductions?

Post Photo
like

Hey fishes, can someone tell me how the 80c bracket works, i know i can get exempt upto 1.5lakh under it, what i wanna know is does PF comes under it or not? For example if my yearly pf deduction is 20k and VPF is 10k so now will i still be able to show investment of 1.5lakh under 80c apart from PF and VPF or i'll be able to get exemption on only 1.2 lakh( 1.5lakh-30k= 1.2lakh)?

Thank you in advance!!

like

How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

like

Do we have tax calculator in tcs

like

Huge btc short position in market right now, I expect a lot of liquidity issues to come to light soon. Bitcoin should end up below 30k and stay there as new resistance soon. You all doubt my previous posts but all these bumps to 37-39k are fake bounces from retail buying the dip. Defi is gonna unravel. Do you honestly believe the 10-40% defi interest rates were risk free. It’s all paid by stablecoin printing backed by the assumption that crypto prices would keep appreciating

likefunny

Chase Freedom vs Freedom Unlimited for everyday spend?
Plan to transfer points to my CSR.
Non traveling consultant

like

Soooo what do we think about the new ADP program?

funnylike

Question on after-tax contributions. I’ve recently upped my contributions to after tax through payroll (already maxing our 401k+contributing to traditional Ira to be converted to a Roth shortly contd

Can one do an sip or increase amount in coffee can portfolio gradually instead of a lumpsum investment?

like

What's a reasonable average amount for basic cost living in LA (housing, food, transport, phone, internet..) for more context : single, would like to live in an independent studio in a nice area.

like

Laaa laaaaaaa lala wait till i get my money right (just accepted a PE offer woo)

likefunnyuplifting

I recently was let go (in lieu of accepting my two weeks) and I should have received my March expense check by the end of April per the employment agreement (submitted the report April 1, let go before mid April). I have emailed HR but haven't heard anything. I've got a feeling someone at the top is putting a hold on it.

How do I get my money from them? It's a few hundred dollars

Sorry if this isn't the right bowl for this question - I've checked a few.

like

More Posts

Londoners what is your agency pregnancy leave policy? At ours the current procedure for women is: less than 3 years of employment 6 weeks full pay and 12 weeks 50%. 3+ years you get 12 weeks full and

like

I am a salesforce developer, I want to do salesforce admin stuff on the side. Its usually super easy and I could probably do like 10 hours a week of work. But idk how to find some business to hire me for like 40 hours a month. Small shops aren't usually using recruiters I would think?

like

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 ?

like

Will markets jump upwards the day Putin dies?

like

What is the notice period in oracle. Resignation process

like

What is your socioeconomic background and how much NW do you consider “enough” to be able to live comfortably?

like

Any writers here working remotely full time? If so, how’d you manage to swing that? And is it hard to be a remote writer in pharma?

Has anybody moved into Pharmaceutical Marketing from Consumer Marketing? Thinking about it as a potential career decision. Understand the biggest challenge in my market is the inability to market to consumers.

like

Anybody matching below skill set ping me for referral . 4-10 years of ex on SAS+SDTM , any one from SDTM. AdaMs and TFls activities @iqvia

like

HCL Technologies vs FIS Global which should i join? YOE is 11+ as BA. HCL is offering 3 lakhs more than FIS. Please help to choose

like

Do Wipro gives WFH reimbursement? If yes how much does it offers?

like

Anyone looking for Devops opportunity in Wipro Bangalore ..please DM me for refferal..

like

Do you find your job intellectually challenging?

like

How is the career in Pursuits in any Big 4? Does it pay as good as core consulting work? How is the work life balance? I want to make a shift from client chargeable work to BD work for better work life balance. Is it worth switching?

like

Hey guys!!! I have an interview with
BDO for an audit role in the DC area.
Any suggestions/ advice/ things to
work on specifically? Wish me luck!

like

Can anyone share the mapping of Deloitte levels to Proserve levels? I am a Senior Manager at Deloitte and recruiter just called me for a senior advisory consultant role but that feels like 2 levels back at least from a Deloitte perspective.

like

Additional Posts in Tax savings

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 .

likehelpful

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

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

likefunny

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

Can I pay income tax challan using credit card?

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.

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

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.

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

like

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

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.

like

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.

likehelpful

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.

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

Any ways to fake lta

likefunny

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

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal