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 ?

Is the GSU price while vesting based on the market rate at the time of vesting or is it fixed based on the stock price during hire date/month?

I find it intriguing that Trump turned himself into a billionaire on his father’s investments. Then, he became President. Suddenly, all of the people he’s been doing business becoming a billionaire are now also billionaires fighting for the Trillionaire Club status. His net worth is probably going to surpass them all in the end. Quadrillionaire isn’t even in my keyboard’s dictionary yet...but it will be soon.

Imagine supporting this stuff––family separation, demolished environmental regulations, “very fine people,” and the rest––to get tax cuts... and thinking your grandkids will see you as the good guys.

Anyone willing to share thoughts on National tax- unclaimed property at EY?

Received an offer from EY but didn’t find enough information to get to know about it.

Any tips or tricks for a first time home buyer saving for mortgage trying to avoid pmi? Any advice appreciated. Cont.

Is anyone nervous about the whole Russia situation and how that may affect the market if an actual invasion takes place? Do you think it makes sense to take out investments just until things settle down, or even assuming the fed will increase interest rates? Thoughts?

Looking at investing in FedEx and GameStop. Check out Forward PE and PEG, good earnings growth and operating cash flow. Thoughts?

There’s a debit card that I’ve been using for the past 4 years and it beats out some of the cash back credit cards. It’s the Cash app debit card. I haven’t heard people talk about it in the card community and it could save people a bit of money - 10% cash back. I posted about it on my Instagram HerMillennialMoney if you want to learn my tips and tricks with the care.

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

When contributing to a 529 plan in PA, in addition to being able to deduct PA state taxes on the contributions, can we also deduct the Philly city tax?

Which is good brokerage account for etf and stocks. Can't use robinhood due to restrictions

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?

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.

I have 4k that won’t need soon and thinking about were to spend it on.
A. Student loans at 5%
B. Invest in stock market

What are some aggressive ways to control your spending? I tried a little but of everything(paying myself first, only debit cards,cash) but seems like i have the urge to spend and i do so. Any tips?

Currently 23yo with $65k in cash and $14k in student loan debt. Not sure what the best course of action is. What would you do?

What is everyone’s outlook on crypto? I have some litecoin from awhile ago and wondering if I should indefinitely hold it. Thanks!

Why is it that a lot of couples I know living in big cities are in open relationship?

Need some help! Currently live in TX but work as an independent contractor (remote) for a NYC based company - do I still need to pay NY state convenience tax on income or would this only apply as a full-time employee?

What's a median salary (considering all US employees) for big 4, Accenture, MBB and FAANG? Is 200k for big 4/ACN, 300K for MBB, 400k for FAANG a good ball park estimate?

How is the transport facility in hsbc development center Hyderabad ?

Anyone from Capco Pune?

What clients does Nagarro have? Indian? US? European? Spreaded accross the world?

Effing anxiety. Does it never go away? Mine comes and goes in cycles. I feel like I am doing fine one week, and then suddenly it arises and worsens and makes me want to end everything. And then I live like a walking corpse for a few days not able to feel anything coz I have given up on life. And then it gets better. Every few months. Is it going to be like this all my life?

How does someone like Elon Musk can go on to do so much while I can barely get out of my bed, keep my job and have the will to live?

I suffer from depression. Currently on 150mg Venafaxcine. It seems my depression is worse in the day and I come alive at night. Has anyone experienced this with or without Venafaxcine?
I work remote and I'm currently on the bench. I'm worried because my utilization is low...Im trying to learn new skills and sleepy during the day it makes it hard. I don't get sleepy until 3am because I'm wired/hyped up. I don't know what to do. Without the meds, I won't be able to get out of bed...

We’ve been attending a church for about 6 months now and trying to decide if it’s our church home. The only reason I’m hesitant is because people don’t seem to engage with us as much as I expected. For example, I told the pastors wife about a serious diagnosis we recently received and she did pray for us on the spot, but no one has reached out to us at all to check in. Am I expecting too much?

My office laptop requires service as the same isn't functioning well. Do I need to visit PS Arcadia office for the IT assistance?

As a Cybersecurity Analyst I make right under 80k in total compensation (62k Salary, 17k Bonus). I have two years of experience, an Associates in Networking and a Sec+ cert, does everyone feel like this is a fair compensation based off my credentials and experience?

Anyone from Société Générale , can confirm from their experience whether SG provides Expected Salary after HR round or they get into Negotiations before rolling out Salary Breakup Letter ?

I’m having a really hard time with my changing body. 13 weeks, I don’t have too many bad side effects of pregnancy or anything so I consider myself lucky (no nausea ever etc) but I’m depressed at work, my skin is completely broken out and showing new broken face capillaries, and I’m not showing a bump yet so I just feel fat and big. I don’t know where this “glow” is but I look in the mirror and literally am grappling with not recognizing myself :( it’s been impossible to find any clothes too.

Urgent ,i need a job going through hard times .Single earning person . please help

Does anyone know of any sf consulting firms offering equity as part of comp package?

first call with SF CSG Recruiter is scheduled for Senior Architect role. Appreciate insights from you all.
1. How is work life balance in CSG?
2. What is the typical billability target? Does one have to market oneself for billability or the Practice lead takes care of it?
3. Honestly- I have seen SF people pushing for products which are really not needed by clients. I can never do such a thing - so is there an expectation from the AE’s that Architects should do so?

TIA

Does anyone here live on Vancouver Island or know about it? Worth it?

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?

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.

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

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

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

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

I selected new tax regime in the company 'xyz' portal for April 2021-March 2022. I left this company in jan 2022 and tax of 16k got deducted from F&F settlement.

I have investment in EPF and submitted the rent receipts to the company for tax exception for HRA. But in F&F, based on new regime tax deducted.

During filing ITR for assessment year 2022-2023, can I file by selecting old regime and get this 16k return?

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

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

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.

Hi Fishes,
I started my job in 2020. I haven't fill ITR till now. My CTC is below 5LPA.

1. Can we fill the ITR for previous years? If yes then...Will it cause any issue?
2. What would happen if I start filling ITR from this year only and skipping for previous years?

Please suggest and guide

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

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

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?

How to bring tax liability to zero for 15 lpa ctc?
Can I claim hra for less than one lakh per FY and Maximum housing loan benefits?

The rental place and property under loan are in same city.. Parents stay in rental ( I pay rent) and I have purchased new flat in same city for myself.

Hello people,

Need some inputs!

When I file my ITR, it is auto-populating the 'income from other sources' by 40k and increasing my tax liability by 10k however form 26as shows no tax liability.

Should I edit the header to Rs. Xx which is below 10k hence tax exempted and stick to info as per 26AS?

Thanks a lot!

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 ?

Hi Guys,
Need your advice. I have forgot to enter challan details while filing tax and then e-verified then it return with pay later option, though i had paid the income tax first first hand via pay now option.

Will i get outstanding demand plus need to pay penalty for late payment in this case?
Also when will i receive the outstanding payment notice if it happens?

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