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

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Posting as :
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Functions like HR, IT and finance will always receive this kind of treatment in every firm

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Agreed but I'm specifically talking about tax function!!

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Interested in tech in NYC—open to FAANG, but more interested in series C+ startups that know what they’re doing and can afford to pay. BD, gen mgmt, strategy/ops roles in that order. Any suggestions?

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Can anyone help me find a site on Oracle EPM cloud? I guess there used to be a page where you could plug in metadata around business industry, revenue, number of users in finance... And then it would give the business case/value of implementation in dollars. It was an interface that had plug and play functionality. Anyone know what I'm talking about?

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I have 3 YOE as a Software Developer. I currently work as a React/Node developer making 87k per year (I know that is pretty low, my manager will admit it) He has made it clear that I am the most skilled developer on the team, and I am getting promoted to Senior Dev. I would like to know what I should be shooting to make? I really like my job and ideally don't want to move companies, but would like some realistic expectations for what I should be earning.

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Are paper LBOs supposed to be paper only?

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Is it natural to be happy then sad then happy again or on an emotional roller coaster in your career? Or is there such thing as work nirvana?is it possible to truly like your job and enjoy it every day? Or are hard days inevitable?

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Hot weather running disclaimer for all runners

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11/24 check-in: Happy Thanksgiving to all who celebrate! What are everyone’s workout plans for today?

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How much a CA should earn with 6 year experience ?

Has the official notice period in EY GDS been revised to 2 months from 3 months? Seems those who are currently in NP are getting this message .. please confirm.

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How is the GSAP tech allowance taxed? Bonus or income?

Just got a calendar invite. Looks like I’m getting a no...

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When are we supposed to receive the official GSAP acceptance email?

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Hi! I’m doing some research on employee benefits (medical insurance, 401k, HSA/FSA, commuter benefits) and was hoping to connect with People specialists or HR professionals in the comp & benefits space. I’m trying to better understand any pain points or challenges you might face with utilization/enrollment. Anyone interested in connecting? Thank you!

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Visiting San Diego for 4 nights in July. Staying in imperial beach area. Any recs?

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Additional Posts in India Tax

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.

likefunny

Hi Everyone,

I just need some advice.
My father passed away a few months back and I am yet to obtain the legal heir certificate. Given the ITR deadline is near, should I just file his ITR from his account or is there any other option?

Thanks in advance

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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?

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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?

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Hi,

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

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

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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.

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

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Hi Fishes,

Anyone knows any CA who can help me in saving TAX by showing in donation or Other deduction.

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

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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?

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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?

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

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I want to know which tax slab can be appropriate for a 10lpa and what are the way I can manage to reduce my tax computation.
I have been to this tax slab for the first time don't have. any knowledge.
can one of you assist what can be done or what are the steps for saving the tax or us it possible to have 0 tax.
FYI,
2.2lck is hra

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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 :(?

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Kindly suggest the best ways of saving maximum tax for this CTC :) :)

Post Photo
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Hi all
Can some please help me !!
I have already paid self assessed tax but in income tax website its not updated and money also debited from bank
What should i do now

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For rent paid below 1 lakh there is no need to submit landlord's PAN. I have calculated based on my HRA and if I show rent paid as around 96k my tax refund will be around 13k.

However there is no rent agreement or rent receipts.

Will it be a problem later on if I show this in my ITR?

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

I'm a recently qualified CA (first attempt)

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Hello people,

Need some inputs!

When I file my ITR, it is auto-populating the 'income from other sources' by 40k and increasing my tax liability by 10k however form 26as shows no tax liability.

Should I edit the header to Rs. Xx which is below 10k hence tax exempted and stick to info as per 26AS?

Thanks a lot!

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