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?

Hi all, had a situation I need some help with. PE fund owned interest in a bank that was a CFC that has 965 PTEP. Recently sold off part of it's interest and the bank is no longer considered a CFC. Under the new PFIC regs, I believe it qualifies as a PFIC. How would distributions be treated seeing as it would still qualify as a specified foreign corp?

These paychecks aren't cutting it. Side hustle ideas?

Is it possible to give a real estate a budget you want to work with in terms of how much you’re willing to pay a month and see what they can get you?

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.

Has anybody invested in Yamuna gaur city or planning to do so?

What's a reasonable average amount for basic cost living in LA (housing, food, transport, phone, internet..) for more context : single, would like to live in an independent studio in a nice area.

Two diff questions, but posting together :
1. Anyone still positive about Chinese ETFs long term? They are down significantly but I'm wary
2. IG Bond ETFs - would you invest in the current market for long term hold? Why/why not? Which one do you recommend looking into?

Let’s say you have two young, high income partners in a couple who want to buy a house together but don’t really care to get married. They already live together in an apartment but both want to move to a house to build equity and have a yard, not share walls, etc. Should one partner buy the house and the other pays rent until they get married, or should they get a mortgage together without being married? I realize there isn’t a “right” answer but I’m interested in people’s experiences here.

EPOR a solid first option trading choice?

Which NFT stock is worth for long term or quick profit. TKAT, YRV, HOFV, OCG

If I've maxed out my TFSA, should I continue investing through an RRSP or a personal investment account?

For context, I also have a good pension. My main concern is that while the RRSP will be nice to lower my taxable income now, I'm worried when I retire I'll have to withdraw too much from both the RRSP and pension. Thoughts?

Anybody here make significant weekly/monthly passive income off Covered Calls and/or selling puts? Looking for success/failure stories for those who have tried this!

NFT’s... no interest in buying them but very interested in buying into whatever it is that makes tick. I think there’s a lot of money to be made off of such a ridiculous investment. Any ideas on what to buy to take part in the business of NFT’s, without having to pay $69 million for a drawing of a cat?

So I want to marry a physician (girl) as they make good money so I get a good life plus decent retirement. Is it selfish to marry someone for money???

What is your most conviction stock? Mine is $SOFI

What are the best ways of tax exemption

Anyone working in BBC right now? How is the pay and work culture? TIA!

Anyone willing to offer referral for lateral hire consulting opportunities at MBB. Is it possible to share the profile internally with someone at Partner level for consideration.
12+ yrs experience in strategy, transformation, change, process improvement, cost optimization & analytics. Helped F500 clients on Future of Work & workforce transformation cases in pandemic.

I have 2 years of consulting experience. Is BCG , Bain or McKinsey hiring?

Does anyone else feel like Chicago has basically given up on masks? I try to take a walk every day to break up the wfh monotony and see masks on less than half of fellow pedestrians.

Who here have abs 😬

We all have beautiful names and we should all be addressed by those names and the pronouns that we identify with. I particularly like Erik and you can refer to me as He/Him or They/Them.

At MNP, we foster an inclusive and safe environment for all to openly share their pronouns. We respect the pronouns that you choose to identify with.

Strategies for work/life balance? Especially while traveling? Thanks!

Dependent FSA reimbursement- Seems like they only require provider name and service date? Validation not required? Trying to use my fund for my nanny

I had a call with a recruiter at BCG towards the end of last week. I went to check the job description for the role on the careers website and it’s not there anymore. Instead it says, “we’re sorry…the job you are trying to apply for has been filled.” Why would the recruiter reach out to me about applying for this role if they were going to fill it so soon? The role is still listed on LinkedIn but when I click apply it takes me to the BCG careers page with the note saying the role has been filled

Hi All!
Anyone from the insurance industry based in Jakarta, Indonesia? Would be happy to connect/network over coffee

Sorry for 2 posts in a row, but Trump wants to get a cut of this tik tok deal wtf?

So JUUL is hiring again? Had a recruiter reaching out..

In-house creative team for major American brand HIRING freelance designer who loves to concept/make social content.

Could lead to full time. Send book!

in.house.team.fishbowl@gmail.com

Can anyone please share the work culture at Luxoft?

To those in non-MBB: Would you rather have an offer in hand right now for MBB or FAANG pm? Assume it’s a lateral transition.

hearing there was massive layoffs at concentric today. in the dozens. can someone confirm or refute?

Which team do you think has the highest salary? Creatives, medical, or account?

I have created NPS account through SBI YONO app. PRAN is generated and I received my contribution copy as well through mail.
But when I try to login using my PRAN number it says invalid.
Can anyone please help why it’s happening like this??

Could anyone please tell about NPS CCD(2) ? Is it paid by employer? What needs to be done in this?

Hi,

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

If my parents live in a government provided house and I live with them (wfh), how can I plan my HRA exemption?

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 :(?

Hi Folks, how much max amount we can retain back after 80c tax claims on income taxable amount. Any idea? Is it varies based on package? What is the percentage ?

Guys can anyone help me to get the best refund or filing for tax for 21 LPAfixed 26LPA CTC.
I know my in hand salary will be 1.3 by any chance can I make it more ??

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

Can we pay rent to our parent?
What if my parents are in other city and I am living @ my company's location which are 700km away from each other. Can I still show that I am paying rent to my parent?
Please help as this is my first time coming under tax slab

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.

My company has asked for investments proofs. Jts feb only and i have upcomming mutual funds sip also. How can i show these upcomming sip investments ?

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

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

I'm a recently qualified CA (first attempt)

Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

I have not filed 2017, 2018, 2019 return as my total income was less than threshold

Is it possible to file return for 2017 , 2018, 2019( all r in refund) now without paying any penalty?

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

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

Hi All,

I want to know if it's a good idea to foreclose a home loan, I have like 14 lakhs for 11 years... Initially it was 28 lakhs for 30 years, I brought it to this amount in 2 years. Unable to weight the pros and cons. Is it good to foreclose or leave the loan to go on and start investing the money

Hi,

Where to invest to reduce the taxable income of 8 lakhs after investing 1.5 lakhs under 80c and HRA 1 lakhs ? Medical insurance 50 k I’m aware of it and I don not plan on any house loan. Please suggest.