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?

like
Posting as :
works at
You are currently posting as works at

80c is max 1.5 lac...not more that this.Suggestion- put your money in vpf instead of ppf for getting maximum interest rate equal to epf(in ppf insterest rate is around 7.1 and on vpf it will be 8.5 around)

Related Posts

Has anyone successfully negotiated a title? I was looking for Senior Manager positions but applied for some Mgr positions too. I’m up for promo next year at my current job as well. The current industry offer meets my comp expectation but planning to see if they would bring me in as a senior manager. There isn’t a set hierarchy for the team as of right now as they are building the team and I’d be reporting to a senior executive. Any talking points/tips that might help me negotiate?

Is this mildew? What can I do to save my plants 🌱 😢

Post Photo
like

Check out this job at Resolute Management Inc.: Senior Account Manager

like

Are lounges truly worth it if you're not doing a serious long-haul trip? What about the difference between flying business and flying first class

like

Headed to SF for a week in April with family. We agreed on a “do your own thing” day and I want to go hiking. Unfortunately the 4hr drive from SF to Yosemite/Sierra/etc is too much for one day. 1/2

like

At JAX airport - Delta Sky Club or The Club?

like

Strategy& Dubai just announced that they will be pushing joining dates by 6 months to March 2021. How about other firms?

like

Hello everyone! Hope you all are well. I recently got selected for a team that is mentoring me to develop financial choices without disturbing my profession leveraging current trends. They are expanding as they are lacking talent to meet their growth expectations. If you are open to opportunities, I can recommend your name and possibly set up a meeting. Let me know.

like

Recently, I’ve been working with a new team and couldn’t be happier with the work environment we’ve created even being short staffed. I can’t help but reflect on my past team structures I’ve had at past agencies.. I never felt I could relate to anyone (usually white f/m) and seems like we only ever bonded over happy hours & publisher outings with tons of booze. Point being, I’m grateful to have the opportunity to lead a diverse team of strong thinkers and hard workers with similar experiences.

likeuplifting

As a full time practice manager, how can I earn an extra $50-$80k on the side?

like

Would anyone that works in entertainment PR/Talent management/Entertainment marketing be willing to set up an informational interview with a graduating senior looking to learn more?

like

I’m too afraid to take ADHD medication but continuing to work in a very type A world makes me feel crippled. I’m really scared all the time and I️ can’t force myself to get things done, I️ always leave it to the last minute. I always do a great job and don’t disappoint my managers but I’m just so unhappy. I feel so misunderstood.I️ was in contract work and I️ think that worked better for me because once the excitement of a new job was over I️ could start on another contract. Tips from fellow Adhders?

like

Let’s say they make work from home permanent, what will they do about pay structure across areas where there are different cost of livings? Let’s say you are hired out of New York as the same level as someone in Houston? Will the Houston employees get bumped up or NY employees get bumped down over time? Looks like the real winners here may be those in high paying areas such as New York and San Francisco. They can move to areas now with low cost of livings and make a killing! Thoughts?

like

What is the comparision between Infosys band 6B and Band 8 of IBM? Any pointers please!

like

It do be like that sometimes

Post Photo
like

Considering buying a home for the first time. Do I need to stop applying for credit cards 120 days out from the mortgage application (or more)? I spoke with a local mortgage broker and he told me I don't need to stop applying but I don't think he understands credit card travel hacking. I don't want to shoot myself in the foot. I have a credit score in the 800s, no debt, will have a small down payment.

like

Anyone else have bad design days? Especially with tight and nearly impossible deadlines? Tips?

like

Hello,

Would anyone have any thoughts on the Oracle Fusion HCM practice at Capgemini?

Would be interviewing with them soon.

Thanks!

like

Motivation especially low today, horrible start to the week

like

Dropped MBB for a different path?! Junior at UNC and was aiming to work at the intersection of equity and business. My passion for consulting died after McKinsey and Bain recruiting processes. Denied my offers and pivoted to working in the tech for social impact space instead. Here I could pitch partnerships and non profit work while still working at a prestigious tech firm. Consulting seemed so meaningless and just glorified intern work. Did I make the right choice?

like

Additional Posts in India Tax

In case anyone needs help with their Tax returns, please feel free to DM me.

like

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 :(?

like

Hi,

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

like

Can we show unequal rent split up between husband & wife for HRA?
Let's say we pay 20k in rent. I want to show that I pay 15k and wife can show 5k. Is this sort of break up possible without explicitly mentioning it in the rent agreement?

like

My CTC will be
Basic 13LPA
FB 7 LPA
Total fix pay - 20 LPA

80c - 1.5 LPA
HRA 3 LPA

Any one please help mi on which tax method will be sutable for me old or new?

like

Hi Fishes,

Anyone knows any CA who can help me in saving TAX by showing in donation or Other deduction.

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 ?

like

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 ??

like
like

Hi all
Can some please help me !!
I have already paid self assessed tax but in income tax website its not updated and money also debited from bank
What should i do now

like

Do you submit fake rental receipts and owner pan card detail for HRA? Is it normal ? I see most people does in my team. They submit parents or spouse pan card number as owner pan card number to get HRA. Is it same everywhere?

like

My ctc shows 10lpa + 20lac esops. But I'm not sure if I'll get this 20lac stocks for free or do i need to buy them by paying? Distribution is 4lac per year for 4 years. Pls explain.

like

Kindly suggest the best ways of saving maximum tax for this CTC :) :)

Post Photo
like

Please let me know how to claim (whats bills needs to be submitted) exemptions for Special Allowances.

like

How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

like

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

like

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??

like

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 ?

like

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

like

For rent paid below 1 lakh there is no need to submit landlord's PAN. I have calculated based on my HRA and if I show rent paid as around 96k my tax refund will be around 13k.

However there is no rent agreement or rent receipts.

Will it be a problem later on if I show this in my ITR?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal