Hi

I have around 20,00,000 as my fixed CTC. How can I save my tax? Or How will I be able to pay 0 in tax

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

Lol

like

Not possible for zero tax i think

like

For that you need to work in Dubai

You can't unless you donate..

Simple rule: for you to get tax benefit, you have to spend it out of it away for a long time. Take out education loan for 1000000 and you can get that amount except. Remaining 10L you can get expensive from regular means.

Put it away*, exemption*.

You want to do jugaad or keep it clean & straight ?

Daal do saare k saare exemptions and allowances...

Jantaa jamaa karo office me and ask HR to revise salary structure to include allowances for fuel, driver, attire, books etc...

Donation karo
LTA claim karo
HRA karo

There are N number of ways guys

Donate 10 lacs to any political party
For rest 5 lacs show some proofs
You're done 0 tax

Donation receipt banani thi. 5% paise mein ban jaati. Rest 25% tax saved is yours. I got a political party donation receipt made.

and u got 20lpa 😃

Author started weekend fun..

Go to Saudi to pay 0 % tax

Related Posts

Currently have excessive savings. Is now a good time to invest in general S&P funds?

like

Been here several years. Only just clicked to me how predatory Big 4 are.

Business model is to use cheap, underpaid labor from college grads who can't go elsewhere or pay debts. Churn em and burn em.

likefunnyupliftingsmart

Fishes, would you buy Rolex submariner as an investment?

Post Photo
like

Has anyone here ever gifted a stock? Do you know the process? (Especially on Robinhood or Fidelity)

like

SPY 200 by year end

like

It blows my mind how some people have no problem with trillions of dollars in corporate welfare, but mention canceling student loan debt and everyone screams like it’s the apocalypse.

like

The investment banks are manufacturing this dip. They’re all setting up crypto platforms for their institutional base. Once the big money comes in during Q2 everything is going to the moon

like

How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

like

Should I max out my HSA contribution?
I am maxing my 401k though.

Also, if I max my HSA, can I invest say 50% and keep the other 50% for expenses?

likeuplifting

1.2x Amex points to Bonvoy points transfer program. Worth it?

D 🐠, what was your take home in first year as principal? I assume you all get roughly 350 units and have to finance your buy in. What does that leave for your monthly draw? And after your insurance?

like

Anyone here refinance successfully with SOFI after I-140 was approved by I-485 is pending?

like

Does anyone have any good self created templates they’re willing to share for use in the context of stock option planning?

like

My 401k technology stocks are down 27% as I started beginning of last year!
Hold and ride OR some other recommendation?

like

Interested in investing in real estate. How to even begin and what apps should I be using?

like

Has any one went from reinsurance back to insurance? The money is great and all but the W/L balance isn’t. Has anyone else felt the same?

like

Hi Fishes,
Need suggestions on corporate NPS? Considering employer contribution is fully exempted and individual contribution is exempted upto 50k.

Please let me know genuine suggestion
Thanks

like

I guess you meant %? Right now I just have bitcoin . Would have been nice to have bought some altcoins two weeks ago, as I would have picked any altcoins and it would have mooned

Hi ,
I have got sodexo card activated today. I found there is Meal Pass card, Meal benefit pass card and Cafeteria card

Which one we get money loaded ? Will that only usable in Bofa cafeteria!

like

How to understand “coupons”?

With the same %yield, which one of the following is better.

A treasury bond with 6% coupon maturing in 2025
Vs
A treasury note with 2.5% coupon maturing in 2024

like

More Posts

Advice needed!! Have 8+ years of compliance/legal/in house experience (not privacy law except HIPAA). I really want a Privacy Counsel role so I took and passed the CIPP/US and CIPM exams this past year. I’ve been offered an Associate Director job at PwC. Is this a good stepping stone to a Privacy Counsel role? How long should I expect to work at PwC before I could apply to Privacy Counsel roles??

like

How does everyone in this bowl feel towards master’s degrees in data science/analytics? I didn’t study this in undergrad so I’m looking to get an analytics degree but I’ve heard mixed reviews.

like

Hi Fishes,
What is the impact on rating and overall, if I have got all snapshots good but for one snapshot its like at level for 4 parameters and 1 parameter partially demonstrated at level and have got a development action on that. Can you please advise on what will be the repurcussions and how to deal with this situation as the CRT are round the corners. Thanks in advance!PwC

like

What's the salary for Senior Associate 1 in resource management role in PWC??

like

Anyone joining PwC AC Banglore on 6th September?
Have you got any mail for a laptop or any onboarding details?

like

What are the qualification requirements for an entry level associate at PwC? I have 3 yoe but not in the relevant field. Could anyone refer me?

like

Anyone know the best way to find out about business development roles in PE (I.e. sourcing). Sick of the investing side and think BD would be a good fit

like

Former consultants who moved to PE, how and when did you decide you wanted to make the transition vs continuing to do DDs/PE work from the consulting side?

like

So uhhh anyone need a house sitter the week before memorials day weekend? Wanted to visit the city and go to the office a few days but my friend who I usually crash with is out of town

like

My fiancé will NOT stop talking about her ex. After I found out they were texting arguing she justified it by saying it was about the dogs and not them. Even though Her social media is full of his pics. She still sends him $50 a month for dog food, still goes to work right by his place and suspiciously needs keys. I try to bring it up and I get dismantled for being too mean and making “false accusations.” How much more obvious can it be?

like

Agencies in NY where the work is average and you generally get to go home at 6pm? Asking for a friend.

like

How's technical work in cws engineering team in Goldman Sachs for java developer? And how's work life balance in that team?

like

I'm new to being a UX designer.... is it ok to have 1 project in my portfolio...

like

What’s an appropriate salary to equity ratio if the company is a spac and planning an IPO soon. Expecting a salary of $150k-$160k and I’m not sure how much stock to ask for.

like
like

I’d love to work in marketing at a tourist board but it’s such a competitive job. Any tips on how to make my resume stand out?

like

Hi all,
I’m currently working for a small technical consulting start-up firm. I make good money, have great benefits, and they seem very happy with the work I’m doing, so I know I could move up quickly. However, tech consulting is definitely not my dream job. I want to get into data analytics, and I have an offer from a big company to do just that. I’ve only been at my current company for about 8 months, but I don’t ever see myself loving this job. How do I know when it’s time to make a change?

like

Day 9 - 40 push ups challenge ✅ ( 30 regular, 10 diamond 😤 and 10 extra inverse).

likefunnyuplifting

What is your favorite productivity app? I’m needing a new one, I’ve been using Click up but don’t care for it.

like

Additional Posts in Consulting India

How do people make money using facebook ads, google ads, linkedin ads? What do they do? Is it worth exploring?

like

Hi All,
I am looking to change job but unable to find the right keyword that matches my current/future role. Please read below my current experience and suggest how should I progress in career.
Education: MBA, B-Tech
Total Experience: 2 years
Domain: Consulting - IT Strategy, Cloud Transformation, Project Management
Certifications: AWS SysOps Admin Associate, AZ-900, CSM
Challenge: I have not worked on delivery projects hence do not have implementation experience of Cloud Technologies.

like

Hi Fishes, I am 4 years experienced Java Microservice developer. I have offer from IBM(19 LPA+ 1.5 JB). Also cleared Siemens interview rounds and soon would be having HR discussion. How much should I ask from Siemens?? Also which one should I prefer? IBM or Siemens??

like

HELP!!!

Good day!

Looking for a referral in product based company or new startup company, helping hand would be much appreciated. Thanks!

Skill set- windows server admin & VMware architect along with other skills like active directory admin, nutanix mgmt, dhcp, dns, gpo mgmt, scom patching, sccm, network troubleshooting, storage mgmt and etc.

Service notice, lwd is March 7th.

Thanks.

like

Hi Guys,

Recently joined Capgemini, just had my first client interview, went average.

Do you know how many chances i will get for client interviews. Currently on bench. Please provide your inputs.

Capgemini Tata Consultancy Amazon Infosys
Newco @all
Please help me with this to understand

Post Photo
like

Which one is good among cts vs wipro vs capgemini for 4 yrs exp as a pega developer in terms of career growth, job security and work life balance

like

Hi all,

Need your help.What is technology educator role in Accenture?what is the scope of this role?

like

How much income tax I will be able to save in a year if the EMI is 35K?

Hi
I am Chartered Accountant with experience of 5+ years. Having expertise in Financial Reporting, Finance & Accounts, MIS and Taxation.

I am looking for job change. Can anyone let me know in case you are aware of any opportunity in Delhi NCR?

Thanks

like

EY Does ey gds hire with active back logs , i have 2 technical round and waiting for next step

funny
like

Need few ❤ for activating DM.. Please please

like

Which is better IRIS Software Or Genpact in terms of WLB and Job security?

Special Drive on 1st Oct for Cloud Technologies.
LTI-Larsen and Toubro Infotech is doing Urgent Hirings.
*Interested can share EmailID along with JobID*

Post Photo
like

I had my first interview round with BCG today. The interview lasted only 25 mins. Not sure what to make of it. I felt it went alright though there were some aspects of the case I couldn't answer. Any insights guys?

like

What is the salary bracket for TL
role in @
Mindtree .
YOE 8 years.
Tech: java spring boot microservices

Exp : 3.2
Having an offer of 18 lpa with norton lifelock.
Java Full Stack developer. (Microservices,Spring Boot,Devops)

Now having a little bit fear on how to take up the responsibility for this huge amount. Fearing about my job security also...The company will want me to deliver big..

Also having a offer with 15 lpa with Siemens...
What to do guys??

I have accepted an offer from ABC company and currently serving my notice with current Organization. Now I'm getting calls from consultancy for other roles and higher CTC with same ABC company where I have the offer already.

Can we process such requests ?
If so any Pro tip when they ask about offer in hand!

like

Where can I start to know full knowledge on hardware in loop testing ??

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

Scan your QR code to download
Fishbowl app on your mobile

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