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Rising Star
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Hi Fishes,
How much can I ask from BNY Mellon for the role of Lead Full-Stack Engineer.
My Tech stack: Java, Spring Boot, Microservices, React, Node and AWS
YOE: 7.5 years
CCTC: 23.71L all fixed. Have received MVP bonus of 1.6L EY Tata Consultancy Deloitte Accenture PwC ZS Associates PwC
Please do comment and put your thoughts.
Rising Star
29 M - Any one in Montreal for a relationship?
Anybody can refer me for Ansys?
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Chief
Hello Fishies,
Please can pour some suggestions as I need to confirm by tomorrow.Got offer from EY in Technology Consulting at a Senior Consultant Band 4...15 LPA + 10% hike...YOE is 10. Will be my 2nd change.I asked them to wait asI am expecting a market revision. I mentioned to HR in earlier discussion but now they r now asking me to join immediately without considering the revision.
Is SC band 4 a senior role and salary is justified?
Hello everyone, I have knowledge of python,django,data science and SQL. I worked as a computer teacher for 9 years. And now working as a Artificial Intelligence Product Associate. Here I write content for python, artificial intelligence, data science, statistics and more. My current package is 7.2.Can anyone please suggest what to pursue next. If there is a job opportunity please feel free to DM.Newco Tata Consultancy Accenture Infosys ZS Associates
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I think you have maxed out legally . The tax that you are paying should be looked upon as national service - it's not much compared to what you earn.
This year I paid 62 lakh tax. I would be happy to pay 30 but honesty comes with a huge price.
The day I feel cheated or odd one out I will leave this country. But i definitely don't mind helping this country with 30l from taxes. Though at my level it's tremendous hard work, stress and sacrifice to earn my salary
I love how someone summarised it beautifully. When we were alone, government wanted us to do all things by ourselves. Now that we are earning something, they want a share of our pie.
Chief
Why are people suggesting him to invest in 80C, he already mentioned he has 1.5lakh invested. The only thing more you can show is if you have any health insurance under 80D
Chief
Show rent to parents if you can
the author can easily go to youtube and search for this. still, he doesn’t want to waste his time. and sab ko phukkat ka kaam pe lagaaya 🤣. chalo bacho lagjaav seva pe.
Hcl vala chutiya hai uski itni salary hi nahi hogi ki tax aaye isliye bajra hai jali hai uski
Hello Everyone, I have mentioned my current declared investments as well. After that only I'm paying these taxes.
My current declared investments are ₹8300 rent per month.
80C 1.5lakh (EPF + ELSS)
50K NPS
35-40k Education Loan interest.
80D - can use Medical Bills/ Insurance - for self & parents - can claim around 75k
Rent - can claim more if can provide PAN details - here you can save of majority tax.
House Loan - Can save upto 2L on interest paid, (if you plan to invest in property in future).
Pro
You already have done maximum of it. You can do nps contribution for employers part(10% of basic) that will then be deducted from your taxable income. Other then that only health insurance is there where you can save tax.
Rising Star
Yes
Pro
Uniform allowance ,communication allowance, meal allowance and vehicle allowance any of these are non taxable
1. Don't keep money in you account
As intrest will be taxed too
2. Invest rest of you money in bond or stock depending on risk appetite.
Well if you want to reduce your tax then go to the political party and discuss with them. Ur tax will be 0 in that cases but your peace might gone😃 if u need peace then u have to give this fat tax my friend. I m paying 30k per month and yearly near about 4lakh so njoy ur salary
Give 500 to 1000 to any CA office . They can help you better
Wait 40k per month EMI of student loan?
Did you went to ivy league for graduation?
Hey buddy, u can declare 5k for health checkups during ITR filling.
+
Open a ppf account…you can save 1.5 lakh a year
Pro
Saving would be of 46k in tax @30% slab. Investment needs to be of 1.5 lakh
Chief
Very less. The time OL was released, u should have contacted ur frnds and took suggestions
Bro just watch some YouTube videos on tax saving .You will get an idea
You can invest in 80c to decrease your tax liability.
Opt for Equity based MF in SIP mode.
Rookie mistake do not go for LIC for tax saving.
Health insurance for self and parents also help you with additional tax saving.
You need to check with your employer also about tax declaration, if it's not done chances is your whole income is being considered taxable.
Invest in PPF and take some insurance in 80c ..also claim rent amount as well
Contact khadi gram udyog in Delhi
Increase house rent
I have a tax sheet that I prepare which shows underutilized avenues. You can DM me for help.
Why are you paying interest for an education loan?
You can close this loan if possible.
Education loan EMI is 9-10% and we have other finances to manager at home. My father has been a farmer. So not doing that.