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Hi friends, Wanted to know your views on the below offer, is it avg for Oracle or should I ask for more - From oracle india for position of senior member of technical staff. Offer is as follows CTC - 26.35 lkhs Stock units - 52 per yr (est Rs. 3,70,000) I have experience of 4 yrs into frontend domain on react, js etc Oracle Oracle India
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You can get an exemption of min 1 lac hra, you don’t have to submit any pan or rent agreement for that.. make HRA as 8333 per month.
Just submit rent receipts, you will be able to create them
You can do the hra calculations using cleartax, but you will be able to reduce taxable income by 60-70k i guess.
1lpa
Rising Star
You say you don't have HRA, you do, you don't have house rent, so do you live in your own house or your parents house?
Rising Star
Absolutely yes
Do we need to medical bills for treatment under section 80 D of senior citizen parents.As local clinics and stores mostly take cash and don't provide proper bills
Rising Star
80D is mainly for health insurance, medical checkup without bill has limit of 5K I guess.
Rising Star
best way is to declare 1 lac HRA , and utilise section 80C as per your limit declaring term insurance / ppf investment/ maximize your pf investment