Do we need to pay income tax as well on the equity profits(Stocks/Mutual funds) or only the capital gains tax?

First time investor in the US. Any suggestions on books / blogs to read to get smart. Where do people typically invest given all the client related policies in place for consulting firms?

Received less salary this month also. (Same amount as last month)
Why is this happening? Too much tax 🥵

Want to make investments but the market has been going up. Any advice on whether I should wait for a dip or just go in. Newbie here so looking for perspectives

What is your feeling about buying a 3BHK house on Sarjapur road for investment

Has anyone recently bought one anywhere in Bangalore primarily for investment purposes?

Any thoughts/ideas/help appreciated

Any thoughts of investing in gold or gold related instruments?

Debating when to have the first baby… would you say having a baby is totally worth it ? Worth all the struggles and sacrifices? Or should I wait an extra year just to save more money and enjoy life now without the extra sacrifices… (female 27 & want to have 2 kids)

Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

I will currently end as Plat Pro in American due to promotion but thinking of switching to United in 2020. I spend about 14-15K in a year but don’t have enough QS/QM to re-qualify for Plat Pro (cont.)

If you invest ur HSA funds into stocks, do they get taxed upon selling? I know they grow tax free. But if I sell them and not make any withdrawals, wud I be taxed?

Is there any YouTube channels someone wants to recommend which are found to be authentic in terms of wanting to follow the current housing market updates? I’ll be a first time home buyer in the next 12 months.

Capital gains tax rate - I know there are diff rates (0/15/20) depending on income threshold but is the threshold based solely on “earned income” (i.e., wage)? For ex. if I quit my job and hv zero earned income and sell my stocks with 5M gain in the same yr, there would not be any capital gain tax?? It doesn’t seem right but is that the rule?

Guys ..
When will final settlement take place? What will be the components of it?

How much do y’all spend on rent

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

from logistic perspective..how are you guys transferring/moving your money from your US bank account? wire transfer? write yourself a check? idk about check, but cashing in $50k might raise a flag.

Hey beautiful people,
I’m 27Y and work in tech. Unfortunately my carpal tunnel is getting worst slowly. I’m worry that I still have like 45 years more to be retired and can’t stop working because I have a f* mortgage to pay 😭 I have a super ergonomic workstation, but I know my hand needs a long rest, and I can’t do it… Does anyone relate? What do you recommend?

Can you please share the age of your kid(s) and how much you’ve accumulated in their 529s to date?

Hi Fishes,
I have recently joined Deloitte and have to submit my HRA declaration, my work location is Hyderabad and even i staying in Hyderabad on rent but my owner refuse to give me her PAN card details.
I can submit my parents PAN details ( both are retired but they stay in Jharkhand) instead of my owners
Can you guys plz suggest ?

Little worries here guys - not able to transfer to Bittrex. Tried from Polo and Jaxx (cold storage). Transaction looked like it was going thru from Jaxx then seemed like it failed. ETH appeared back in Jaxx account and no changes to trans history...thoughts?

We are hiring-healthcare consulting managers at RSM.

Is Huron hiring right now?

I have a strong junior book and won a Gold Pencil in the Young Ones recently, but can't seem to find a single job lead anywhere. Anybody know who in LA I should reach out to?

A coworker asked me to do something, I should have questioned it but did it because I trusted their seniority. I got called out for it by our boss on an email. Should I say something? I am planning to apologize to my boss and mention I’ll run it by them next time. But not sure if I should mention I had checked with my coworker who was in charge of that area.

I am meeting my girlfriend’s parents for the first time this weekend for dinner at a pretty nice restaurant. Her parents are fairly traditional Chinese mom and dad and I am not Chinese, or Asian for that matter… I don’t want to show up empty-handed - any ideas on good gifts for first time meeting Chinese parents?

Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

Gents - I am looking for a nice pair of suede loafers (max $225). Any recs outside of AE, J&M, Thursday, etc?

Any book recommendations that are must reads/made a significant impact on you?

Recs for sushi grade tuna to buy pls? Thanks!

Has anyone gone to INSEAD while intending to end up in the US afterwards? I’m enrolled to start this fall and getting cold feet 🙈

Any account executives in NY from Deutsch or Wunderman Thompson that can answer a few questions ?

I'm really having a difficult time understanding how engineering is supposed to be really competitive, most of the projects I've worked on were in groups and there wasn't usually a clear "leader," we were just on a team

I had a great review and a 5.5% raise and a great bonus at my company. But I also got a new Director and a peer manager of mine left the company, so I will be absorbing her team. In addition, my director said I will be receiving 'deep delegation' from them. I don't mind more work, but deep delegation is a new term I've never heard. What does that mean lol?

Hi team ,
I resigned and my last working day was last day of month .
The company KPMG was suppose to deduct my joining bonus and other things in final settlement. Last working day was last day of month , which means i got full salary.
What they will do in final settlement? Will they ask me to pay separately? I have resigned and joined another organisation. Any one knows what will happen ?

What do you do with all this free time?!

What white button-downs would you recommend?

Hi folks,

I am already covering 80c 1.5l limit by elss and pf.

Can i invest 50k only in nps and avail tax benefit under 80ccd 1b.

Tia.

Hello Sharks,

Any suggestions on best term and health insurance. And what points we should keep in mind before considering the option?

How t save tax for 9 lpa salary. Can anybody help me out.

Hi folks,

What do you think, is NPS a good scheme of investing in comparison of Mutual funds, stock market and ppf?

Feel free to ask any personal finance related questions here, from equity investment to CC offers. There’s nothing called silly questions, we have some excellent peers in the group to answer it.

Diversification is the key. My portfolio includes a bit of most of these.

1. Debt/Liquid mutual funds (direct)
2. Gold
3. REIT (fractional ownership and distribution)
4. Equity mutual funds (ELSS, direct)
5. Direct equity (India)
6. US stocks and ETFs (tech & genomics)
7. Crypto currency (interest deposits)

I feel like I've been living under a rock for ~5 yrs. I was happy and blowing off money with the thinking that I'll start saving once I start earning more.

Just realised that could've started early. I'm in mid 20s and thinking about investment. Tried watching YouTube videos. But I have pretty basic questions :
1. Where do I even start?
2. What %age of income should I invest?

I hope I'm not late.

Hi fishes,
I'm 22 and planning to take a life insurance. I'm comparing all policies and max life seems attractive as it has good claim settlement ratio and less premiums. But there is no office near our area. My worry is that if there is a need to claim in future, it can be done all online by my nominee? Is it recommended to take policy online in any platform(like policybazaar)?
Other options I'm considering are SBI life, HDFC life which offices are available in my locality.
Please guide

Anyone can guide in options trading?🙂🙂
Lost around 10k😒

Hello folks, My ctc is current at 6.2lpa and I would like to cut down my taxes. Any suggestions on where to invest for tax savings? Also is FD a best plan for investment with lock in period od 4 yrs for tax saving bills?

I am 29F and earning 13LPA. I have been working for 4 years of which 3.5 years I had very low pay and close to 0 savings. I have been able to save 6L now.

My investments below:
* Elss funds - 2 (total 1.5L annually)
* Large cap mutual funds - 6 (total 40K sip per month) current portfolio of 4L
* FDs - 2 of 25K each
*Medical insurance - company provided

Can someone advice if this is a good investment plan for future? What can I do better? Do I need another Insurance? Where else to invest?

How to save tax i have 9 lpa salary. Need a detailed information. I have already taken full 80D apart from they any more suggestions for 80C?

Is there a way to Pay rent via Credit Card without paying the convenience fee?

Hi All

I am getting 45k monthly and 10% tds is being deducted at source so after tds I would get 40,500 Rs. However, I am making my work done from someone else and paying him 30k. I am left with 15k each month. What should I do to save this unnecessary tax I paid? Please help.

Hello everyone, need a help from you.

Previously my HRA amount was 96000 per annum so I was submitting a rental agreement of full hra without giving pan card details of myself and first party.

Now I have recently joined a new company and here hra is 2.7LPA.

How can I claim the full hra amount? I live in a rented house where agreement is between owner and my dad. Also owner will not accept for a fake agreement too.

Any other alternative do I have to claim HRA? Your inputs are welcome here

Hi Experts ..Suffering from financial stress...my 90% commitments will be end by December..but felling so much stress to handle with money