How much rent amount should I pay to get maximum tax deduction?

Finished Rich Dad Poor Dad and appreciate the emphasis on creating alternative cash flows (vs. just income). Does anyone have book recommendations on creating wealth? I've focused heavily on income + 'safe' investing, but intrigued to learn more.

Which service(s) do you use and can recommend to send money to India?

Brand new to investing! Husband and I are 37, don’t have any investments other than the home we currently own. Sitting on atleast 100g worth of cash....

What would be a reasonable cost of renting for a single expat dude in Singapore living in decent area ? Would sgd 4K suffice ?

For those of you who got out at 10, do you wish that you rode it out to 20? I’m at a crossroad and I’m not sure what to do. Have some active/reserve time, wrapping up graduate school, and am now considering either a) come back to the business world or b) go active and retire before 50 and live off a nice pension. Obviously there are draws to both. I’m an officer for what it’s worth so I can realistically retire at O-5, MAYBE O-6.

Refi student loans now to 2.33% 5 yr variable? Will rates go down further this week/next? Talking about $144k that’s currently at 4.71% 10 yr fixed.

Wait for mortgage rates to drop further or lock in today for home purchase at 3.25? Any thoughts? Closing in about a month.

This might be the wrong place to ask but is getting a car worth it?

I think it’ll somewhat improve QOL but with parking, insurance, gas and financing costs I’m not sure spending almost 1K/month is a good idea at 22.

The other problem is that used cars are so damn expensive right now so I can’t just buy a used mx5 for 5-10K

How to know the GGID for checking final settlement payslip

Any group still busy heading into the new year? Been dead for months and still dead. Real estate — V30

Thoughts on UBER stock price? Likely to remain flat or possible dip with uncertain market?

Hi IBMers,
Do we need to mandatorily submit the rental agreement, rental proofs and landlord's PAN to claim HRA for any amount?
Please help me with your suggestions. Thanks in advance 😊

Anyone have any experience with Blockchain Capital (VC ICO)/their BCAP tokens?

What is with people not knowing how to read signs? We have a huge one that says “NO CASH ALLOWED” and I still get asked almost everyday if we take cash

People worrying today should read books on trading psychology! Not being patronizing- it will help you in the future, not just for investments but for doing better in life!

Anyone know any good mortgage lenders in the DC area or in general? Making a little over 80k, with a 720+ credit score, trying to see if I can get approved for any new home buyer programs. Thanks in advance.

Hello, How many public holidays in MasterCard? Is it same like other banking firms ?

Any EY folks with questions and answers on IVF or Pathways to Parenthood benefits before Annual Enrollment period ends???

Are hexaware offices opening this year or next year ?

Thinking about getting an apartment but the pet fee is ridiculous. How likely is it that I'll get caught if I have a tiny kitten?

Rookie question: Can you get ahold of financial information for Canadian and US private companies for light DD/early screening?

I’ve had a crush on a coworker forever and we’re stuck in this stupid small talk phase. I’m over analyzing and freeze up and don’t know how to push it forward. How do I get him to make the first move?

Being Desi my mom has always had opinion on what I wear and how I dress up . We are planning for baby shower and she mentioned that she has few Sarees that she shopped and would send it over. I told her that I want to choose what I like though she agreed with it I feel guilty that I am making a decision . How do I even get over this guilt of making my own choice and not listening to my parents or in laws . This goes from choosing a dress to going out for dinner 😞

How much time would you realistically be able to spend on a case presentation assigned mid-week and due for presentation first thing Friday morning? Have one with for a FAANG company that I really want but client work is a bitch this week.

How can companies justify cutting research and development expenses when they literally have no future without it

I've submitted my latest paper to the largest journal in my field, but it's taking forever for them to review it. I feel like they're just stalling me because they don't want to publish it. But if they don't publish it, then who will? And what happens if someone else finds out about my findings before they're published?

The old administrator at my department won't allow me to write on what I want, even though I thought that was implicit when I joined. Can I push her to allow me to take control of my research?

Science and art are completely intertwined as I see it; color theory, composition, and balance all coming together to create a cohesive whole. Thoughts?

In the last PDM town hall, they said they were going to lower utilization targets for those that work on projects with capped hours. For those people, have you seen your utilization target lowered? I haven’t seen shit change for me.

Has anyone in the US moved plants successfully across the country? I will be using professional movers for my move from IL to WA this fall.

Is any one from pune CIS working at kharadi location (EON) do they allow to work from kharadi instead of hinjewadi.

Hi Guys, where could we see our lwd in system? Couldn't find the same in one cognizant @cognizant

Hi fishes,need you inputs regarding Notice period and retention policy.
1. 3 months np is negotiable or its fixed?
2.once you resign do cognizant retain its employees and if yes how much do they offer?

Any ways to fake lta

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
I resigned from the organisation before completing 1 year... Which will be deducted from my last month salary.
How does taxation works in this case.

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

Can I pay income tax challan using credit card?

Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

If my company is deducting tax on reimbursements for example relocation, flight travel, mobile usage, etc. Then how to show in tax filing? bcoz as per my understanding it should not be taxable as I am using my money and company is refunding and no extra income. It's like I have already paid once and while refunding company again deducting. Please guide on this issue.

Hello fishes, can we buy land/plot to save long term capital gain tax?

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

My CTC is 21L and i have tax deduction for home loan at 1.5L and icici policy premium at 1.5L
How can i reduce my income tax in what all other investements ? Please guide me

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

How to save tax for the money from freelance work? As i already have a full time job.

What are all the ways to save income tax?
CTC 9.8L

Can I make rental agreement as paying rent to my dad for tax savings .. I would like to mention 46k per month as rent .. Please help .