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Hi All!
I am currently a Senior Software Engineer(Backend) with 4 YOE. My current CTC is 21LPA (All Fixed) with additional Yearly bonus. I got a call from Google (Pune/Bangalore/Remote) for Software Engineer - Backend. I have the following doubts but any insights are welcome -
1. Does the lower designation offered make any difference?
2. Kinda ambiguous, but what kind of hike or ballpark pay can I expect?
3. Any similar interviews experiences or focus areas I should prepare for?
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Rental amount is ok, company shouldn't and wouldn't question that why are you paying so much of rent at your location. But that income would reflect in your parent's ITR since now you're liable to share the PAN of your parent whom you're showing as paying the rent to.
You need PAN card of your parents to apply HRA more than 1 Lakh. Better transfer 8200 per month to your parents account and apply HRA
Thanks for your reply. My parents are not earning so if I declare 15000 PM and submit my parents PAN will that be around 1.8L which is less than 5L so there is no need of my parents to declare it right? Is it legal?
Its legal so no issues even if they find out only document works in india
Chief
This thread has all the answers you are looking for
https://joinfishbowl.com/post_34gdav5az9
Thanks it is really helpful
HRA exemption is lower of your actual rent, actual HRA or 40-50% of your basic depending on tier 1/tier 2 city. so first check that and then do accordingly. So for example if your minimum exemption limit is 1.2 lkh, there is no point in showing 1.5lkh to parents