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I joined Tiger Analytics with CTC of 9lpa. When I check in greythr IT statement, it shows 7.14lpa.
In the CTC payslip, it shows 75k per month as my salary. But this month I got 61k.
I understand they deduct tax, but I feel it is too much. IDK where I'm losing the money. Can someone tell if this is normal. I'm a fresher so, IDK much about it.
Also, what can I do to pay less taxes? Any help on that?
1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average. 2) How much and which schemes to invest to mitigate the risk? 3) How much do we need for retirement?
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Why is M&A tax the highest paying service line?
DM me to be referred to EY
create custom books
But that doesn’t calculate a states depreciation and take that states rules into consideration
There are lots of different ways that states do depreciation. I always just create a "state" book in Sage that doesn't have any bonus depreciation, and then I have calculations for each state in a separate workpaper. Some states don't allow any bonus depreciation, and many have different ways of spreading it out over several years. Having a federal and state book in Sage should give you the information you need to put schedules together for each state.