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Hello All, I have one question. I was a fresher and joined one organization as external employee with third party payroll. I worked as external payroll for 1 year then I became permanent employee of organization was working. When i was a fresher my salary was below tax slab so my external exployer did not generate any form 16 for me. When tried to switch my new organization wants me to submit form 16 as BGC process. Will my offer get reverted?Cognizant Tata Consultancy HCL Technologies Accenture
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$900 for a couple hours of work? I would do it.
Why not, free money!
Don’t forget about the taxes on this 900 though.
Uh, sounds like a lot of paperwork for a couple hundred bucks. I try to eliminate as much admin overhead as I can, but that’s just me
Make sure to consider the expense ratio of the other brokerage. It’s possible you’ll eat up a lot of that bonus paying higher fees.
I’d do a couple hours work for $900
If you know you will go through the steps, then go for it!
Coach
I have no idea what the market will do in 3 months, but if you have gains, you should consider that you will be taxed at your marginal rate bc they will be short term gains (which I'm guessing is 35%+ if you're getting 200k cash soon) vs. 15% long term capital gains. If your return is 2.5% in 3 months, then your extra taxes will be more than than the benefit
As long as it's not one particular brokerage specific that's not available in the other one, my guess.