Please Help me to calculate tax, I'm new to ITR filing and which regime I should choose.

Currently I pay $1900 for a brand new & modern 1BHK in the Greater NYC area. Moving to SF later this year. Any recommendations on how much to budget for SF? Will be working in Downtown area & currently got a car. I am little bit divided on whether to sell the car or move it to SF.

Looking for a good neighbourhood and ok with 30 minute commute to work.

Hello all,

I went ahead and purchased a house with a loan principal amount of 500k couple months ago. Interest rate is at 4.875%. As a first time home owner, I didnt really think about the interest rate as I was trying to weigh the cost of renting vs mortgaging. so, I was mentally sold on the idea of purchasing the house. However, as I have started my payments, I feel bogged down with the fact that I will be paying so much interest initially. While my income is 161k (single income), continued..

Cons of moving 75% of my savings to an Intermediate US Treasury ETF (SCHR)? I wouldn’t mind losing 4-5% if the market rallies, but would rather put cash to work if the market keeps tanking

What is the best way to handle group financial consolidation in a multinational company?

Which consulting firm has the best 401k match?

For a 2-year associate now tasked with senior-like roles such as reviewing and training, does anyone have advice on how to review individual hnw tax returns?

All my investment is in real estate - 1 primary and 2 rental. Total 3.7 M value and 1.7 mortgage pending. About 400k in cash. I’ve 0 RRSP. Is my investment strategy terrible?

Do we need to submit rental agreement to claim HRA tax exemption in Ericsson or rental receipts enough ?

How frequent rental receipts should be ( yearly ? Or quarterly)

📊 Poll: Is Snapchat worth it's 3 billion 💵💵 IPO valuation?

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

How do you all plan for retirement while in the Middle East (especially for European folks)? Did you sign up for your home country retirement plan while abroad ? (My home country offers it but at a very high cost)

Should I trade in my iPhone 13 pro max for $720 to Apple? I don’t know what they sell for used but if that is a good deal let me know if you want to buy it.

I’m maxing out my 401K, traditional IRA and HSA this year and paying for some house improvements. I have about $750K total investments and very close to $2M net worth, but realize that I am behind on investments if I want to do FIRE. I was focused on paying off huge chunks of my mortgage and managed to whittle it down to $75K left. Would you suggest I go ahead and pay that off this year? Or pause and do a mega back door roth instead? I’m mid 40s. Thanks!

Seeing it firsthand. Book net income: $5,000. PPP Loan forgiveness: $1,500,000. Owners distributions: $1,500,000.

Are y’all waiting to do a mega backdoor Roth to see what they do about build back better this year or just moving forward with it?

Best high yield savings products?

Under contract to buy my first home - house hacking a triplex. Property has been leased by the same three tenants for the last 5+ yrs, rents haven’t been raised since they moved in. Market rents have risen 70-100% in the same timeframe. All seem like ideal tenants (retired and take great care of the units) but I’d like advice on how to approach the rent increase conversation. Rents don’t make/break my mortgage payment but I’m leaving a lot on the table if I don’t increase significantly.

Well, its a good thing I sold ARKF when it was $55 last year

Do you get membership points by using the corporate Amex? Can you link your corporate Amex to your personal account and use the points?

I started investing in January 2021 with a current portfolio of 40:60 across Mutual Funds ad stocks. The MF portfolio is giving my a current return of around 10% cumulative whereas the stocks are giving around 6% cumulative.

Not sure how to get the game right.
Views please friends.

Anyone live at The Grove in Chelsea or Sky apts near Hell’s Kitchen? Have temp housing options there for work and trying to decide.

Is Toronto as boring and quiet as this bowl ?

Any books that you found very helpful to read as expecting parents? We’re just nine weeks along, but would love to start preparing however we can!

How did you tell your manager you’re pregnant? Did it affect pay/promos? And then, subsequently, how did you start letting colleagues know you’re pregnant? Feels awkward to just randomly drop the news in a meeting! I work remotely so it’s hard to tell by video :) I’m 21 weeks and feel like I’ve waited as long as I can to at least notify my manager. I was waiting to negotiate my salary for next year but per company trend that doesn’t get set until January (manager reviews are written in Dec).

Having one of the worst weeks of my life but my bosses would flip if I used a personal day. Meanwhile in the office I’m getting bitchy emails and attitude per usual. How does one deal / stay sane?

"Use the approved language."

"Why'd you use this language?"

Hi Fishes, what can I ask as expected salary in Deloitte Malaysia for Senior consultant level? Any input on current salary slabs will be helpful!

Hi fishes , hope all is well with you.
Currently working @Genpact as an Data Analyst , mostly working on Advanced Excel / Spotfire / powerBI and small work into Python. Looking out for all the APAC aviation customers and others aswell.
It's been a year and I want to make a switch with possible good job role.
Can anyone provide me any refferal for the same?
Roles interested in -
1)Data Visualization
2)Analyst
3)Data Integration

Do we have any RPA BA in this group?

Curious how compensation works for counsel at top-tier law firms. How much do counsel make? Is it relatively set/lockstep salary, or does it vary significantly based on hours? Do counsel have hours requirements?

I want to become an art director with zero design skills. I’m going to have someone else comp everything up for me. The ideas might be solid. Who wants to hire me?

What’s the salary by year for senior managers at bcg and mck?

Thoughts on Vertex? Pipeline? Culture? Comp? Looking at a Director role.

What is Center for data and Insights at Accenture Applied Intelligence? What is their responsibility?

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

What are all the ways to save income tax?
CTC 9.8L

If my company is deducting tax on reimbursements for example relocation, flight travel, mobile usage, etc. Then how to show in tax filing? bcoz as per my understanding it should not be taxable as I am using my money and company is refunding and no extra income. It's like I have already paid once and while refunding company again deducting. Please guide on this issue.

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

Hello fishes, can we buy land/plot to save long term capital gain tax?

Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

Can I pay income tax challan using credit card?

How to save tax for the money from freelance work? As i already have a full time job.

How much rent amount should I pay to get maximum tax deduction?

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

Any ways to fake lta

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

Can I make rental agreement as paying rent to my dad for tax savings .. I would like to mention 46k per month as rent .. Please help .

My CTC is 21L and i have tax deduction for home loan at 1.5L and icici policy premium at 1.5L
How can i reduce my income tax in what all other investements ? Please guide me

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
I resigned from the organisation before completing 1 year... Which will be deducted from my last month salary.
How does taxation works in this case.