How to save maximum tax on 15.5 lpa. Where there is no housing loan.

We are buying a house and my knee jerk response was to look at a 30 year fixed mortgage (because that’s what I’ve always done). I realized last night that a 30 year mortgage might outlast me. Having a bit of an existential crisis now.

Newbie trying to get a better understanding: is it better to max the 401K or just hit company 401K match and max Roth IRA first?

TC New grad Software Engineer
Base: $110k
Sign-On: $35k
RSU: $120k/3years
Relocation: $20k

Starting fresh with virtually $0 savings and $0 worth of financial literacy, whats the best course of action? any advice is greatly appreciated!

I am sure this is a question with an obvious answer, but does anyone else just feel absolutely trapped in a job they hate because of their student loans? I’m three years out of law school and I still have $160K in student debt despite making aggressive payments. I work in a larger firm (not big law per se, but 250+ attorneys and big for the market). I am pretty unhappy with my job the vast majority of the time, but I feel like I have no options. $160k at 6% and 7% interest cannot be ignored.

Any inputs on QS stock? I got it at $15 rate, how long will it stretch? Pretty new to shares, how you people decide when to pull back?

How do you all plan for retirement while in the Middle East (especially for European folks)? Did you sign up for your home country retirement plan while abroad ? (My home country offers it but at a very high cost)

Normal to have "no appraisal contingency" and or "water conservation plumbing to be finished by the buyer if it is not completed by the seller when escrow ends" normal terms when buying a house?

Need a quick help
While structuring the HRA if we give max limit for eg., 20k and I have rent agreement of 7500. Will this be a problem or will I just get an exempt of 7500?

I'm a Canadian on the TN visa working in the US and planning on maxing my Roth IRA (6k) and will have enough left to max my 401k this year, but am not sure if I should just use a taxable account over 401k due to tax considerations when I move back to Canada (likely 1-2 years from now). Any thoughts here? I don't think I'll have enough RRSP room to move 401k>IRA>RRSP and I would prefer to not have to file US taxes every year in retirement for withdrawls if I left the 401k in the US.

This has probably been asked many times in this bowl - what’s the best hotel rewards program? I have the Chase Sapphire Preferred card and I’m a Southwest RR member. I travel maybe 25-30% of the time

How to transfer PF fund from hcl to epfo if i was a non pension member???

Hey All,
I am going to get married in September.
My office is in Yemlur and my fiance's office is at EPIP zone. Which is the best place to live and which platform to look after the house
Budget - 25k
Kindly help out

I am not able to upload my tax declaration details from the greyHR portal. It is showing an error message since morning. Is there anyone else who is facing the same issue

1M net worth, 450k total comp, age 35, just paid off tons of student loans TONS, want to retire at 50. What’s the move?

Hi fellow fish need some advice.

I'm planning a wedding and wondering if I should apply for new credit cards to maximize on points. If so, wondering what your recommendations are and or if there are new cards out there I haven't heard of yet. For context I probably have another 20k+ in expenses to pay still and my current cards are:

CSP
Marriott Bonvoy Boundless
Citi double cash
Random card (used to be uber)

What’s a reasonable amount to coinvest in a PEs fund? ~$300k nw

How many of you are involved in share trading/Derivatives Trading apart from your current job? And how are you managing it? What return are you generating?

Has anyone successfully “ported” their mortgage? Just learned about this and doing some research since rates are so high now. Current rate is 3% and new home will be more expensive, for context.

I have a car lease that I’m trying to get rid of in NY. My in-laws want to buy the car from my lease and give it to their mom, but I would have to buy the car out myself and then transfer the title. The plan is to have 3 people write a check to me for $10k each as a gift. Then I buyout the car using $30k. When I transfer the title to their mom, do they have to pay the tax? The buyout price ($30k) already includes sales tax, and if we have to pay tax again to transfer the title, it’s 👎

In discussions to make a lateral move. Is there any way I can negotiate higher pay outside the fixed bands? Higher annual bonus, signing bonus? I assume chances are low but worth trying.

What’s the latest on E&IX with red hat abs cloud focus?

Any HR pros able to explain the process for hiring US citizens to Canadian offices, and if that process is so onerous you would rather offer a much higher US salary to avoid it?

Do agencies outside of pharma have Art Supervisor roles? Or does it go Sr AD > ACD. I just got promoted to Art Sup & honestly don’t know if so should update my Linkedin since i’m working...

Does anyone work at IBM, Salesforce, or Palo Alto Networks? I’ve been interviewing with all three and would love some insight about how you like your company/red flags you’ve come across.

What’s the shortest amount of time it’s respectable to be in a job before leaving?

Hey all, if I wanted to move to Philly be near family what agency would you try for? Thanks

Hi All! What does that mean when hiring manager responds back on follow-up email, saying “I’ll keep you posted on the next steps”Are they still considering or is it just a new way of rejection?waiting is so painful. :(

Does anyone else also think that document sharing in Teams is a game changer? Email traffic is way down, I can see changes being made live and don’t have to wait for the deck to arrive.

I am looking for a switch in the pharma consultancy space. Work experience in pharma forecasting, commercial analytics, competitive intelligence (5 years). Currently working as a team lead with a team of 10 people. Any leads appreciated thanks.

I have an opening in my team in Novartis India ... It's an Associate Director level role of solution designer in businesss. It's an analytical profile. Please let me know if intrested.

I have 2.5 years of experience in Managed Services Operations. I am currently pursuing MBA - Distance Degree. I want to switch to Management Domain. I am really looking for referrals. Please suggest

How is the trend of Data Analyst jobs in healthcare industry?

Anybody ever use any sneaker repair shops/companies in the NYC area (hell, anywhere is fine)? Looking to re-glue and refresh a pair of Pennies 2's.

Got Amazon career essentials (ACE) assessment to complete for Business Analyst role
To anyone who has experience with it- What kind of work simulation questions should I be expecting?
Is there a way I can prepare for it or any resources one must know of?

I’m starting an MBA program this week and can’t find a job in my field because I’m pivoting away from a musical arts career. Ideas?

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

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

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

Hi fishes,

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

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.

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

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

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.

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

Hello All,

Can anyone please help me here.
I have made my tax payment in July 2022 but yesterday (15 Nov 2022) I receive an email that tax payment is due for assessment year 2022-23

I called to help desk and he advised to raise rectification request from Tax portal and update the challan number. I tried to raise request but need to upload some XML or json file there. I am not sure how to upload or modify that file.

Does anyone know what steps need to follow as I already made my tax payment.

Can I pay income tax challan using credit card?

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.

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 .

Any ways to fake lta

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.