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.

Has anyone noticed how attractive realtors are or is it just me? Recent studies show the more attractive the real estate agents, the higher the listing price of the home.

I only have Reg left. I failed it once before. For those who have passed Reg what were some of things you focused on? Also if you have any study tips I would really appreciate it, tax has never come naturally to me.

My org will be pausing the Employer match to 401k for a few months. What's the best strategy to optimize my investment at this time?
Ride along/increase or decrease my percentage?

Can I live comfortably in Dubai on 25k a month? With wife and kid too?

Has anyone been looking for/bought a house in the last couple years?

What kind of down payment / interest rate did you find?

How much are you paying for rent (and where) vs how much are you making?

Looking to buy a model Y. Test drive it yesterday. Feels a bit sporty (not luxury comfy). Debating:
(1) lease vs. buy. Thoughts?
(2) is the $10K investment in FSD even worth it? I think no.

Let's talk money 💰

Why are there glass ceilings on salaries in NL?

Considering that cost of living has gone up significantly here, doesn't the market need some adjustment?

Is salary just a function of years of seniority?

I do understand the case of better WLB and social benefits than the US. Hence not a direct comparison.

Anyone who understands the market willing to share their take?

Thanks!

Has anyone set up an NY 529 for their kids? Know there’s a 10k tax exemption for NY state taxes, but does anyone know if that per child, or across all children?

Is anyone from this bowl working at 6sense?

If yes, please share some info regarding work culture, Work life balance, job security and employee benefits.

Thanks in advance, fishes.

What kind of structures do everyone have for origination? Our practice is expanding to plaintiffs personal injury and exploring different benefits programs for attorneys who bring their own cases. So far we’re thinking a points system towards bonuses, but unsure.

Preparing for an MBA towards Fall 2022 or 2023. How much roughly did you have in your savings/assets when you decided to apply for one? Not from finance/tech/consulting, so hard to gauge

hey Wish to get into product companies like collins aerospace, bosch, Electronic arts , Pfizer gaming first preference , follpwed by healthcare as a business analyst in analytics space. Could somebody guide how to get into such companies? i have 8.8 YOE as a BA

For any Alvarez and Marsal fish, how has your work life balance been? Very interested in hearing from those in their healthcare industry group, but anyone is welcome to respond.

What is the point of a savings account if year-over-year inflation exceeds the APY rate?

Ok, I haven’t done an HSA previously, but considering it for my family during this next open enrollment. What do I need to know about high deductible plans? How do y’all feel about the HSA - any downsides? I’m honestly a little worried about the higher OOP costs, but we’re also not significant users/consumers of healthcare, knock on wood. Anyone regret it and go back to a normal PPO/POS insurance?

What is the benefit of investing in mutual funds such as VTSAX over a similar ETF other than reoccurring investments that allow you to set it and forget it? Is that why people choose them?

I am trying to justify house buying in HCOL city. The house cost is minimum 1.4m .monthly mortgage would be at least 7k(with just around 2k principal) rest goes to either int,tax. Not to mention regular house maintenance. How is it better than 3.5k rental. I understand appreciation and own house independence. But I am just trying to make numbers work.

I think my parents need therapy but being Indian parents they don’t believe in therapy. Has anyone had any success in convincing their parents to go? Is it too late because of their age?

What’s the best way to send a package from India to the US by mail?

Can you sell your used shrm cp books from the learning system? If so where?

Any book or podcast recos for introverts to work on their leadership?

Droga layoffs 7% of staff in US. So much for the Accenture buyout.

Any book recos for creative leadership? I’m new to overseeing other creatives and would love to be good at it.

Any recommendations for a quick weekend ski trip? Possibly something 2-3 hours away? I have a car, so that’s not a problem.

Working in Risk Advisory-Internal Audit at EY. Looking to move into valuations. Have knowledge of valuations through FRM and CFA level 2 but no direct valuations experience. Anyone willing to help?

I signed a car lease on 7/15. The car is ready but the dealer is still waiting for the plates to give me the car (in my state, he is not allowed to release the car with temporary plates). My first lease payment is almost due and I didn’t take possession of the car yet. is this normal? what should I do?

Hello Fishes

Please can you help me with in hand of these org

Tcs-15lpa
Cognizant- 16.7lpa
Wipro- 18 lpa

Looking to take the CISA exam. I have over 5 years of audit experience. How long do you think it’d take to study? Also, what study material should I use? Any good boot camps you’d recommend?

I had an offer of ~18 LPA from Oracle with 4.2 YOE and I got another offer with 24 LPA along with good amount of joining bonus. Does Oracle try to match the counter offer or not?

Posting on behalf of my friend :
Counter offer made and manager communicated through email .
How long will it take for the incumbent to receive revised compensation offer ? No grade change was discussed will that be decided by HR or not required

When is new office being planned in Pune?
Kolkata Gds got a new floor

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

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?

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

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 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 ?

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

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!

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.

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

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

Anyone here working in M&A tax? need a referral.

I'm a recently qualified CA (first attempt)

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?

Whats the max of monthly rent has anybody shown for HRA deduction 😅

If my parents live in a government provided house and I live with them (wfh), how can I plan my HRA exemption?

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?

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?

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?

Hi,

Can I pay full hra amount as rent to my parents to get hra exemption benefits.

HRA: 5 lakh