I just joined new firm I want to invest 40k and earn compounding. Suggestion please

Hey Folks ,

Can you help me understand the PF deductions in Coforge CTC, Is it just the employers contribution ? And employees share will be deducted from Gross Monthly Salary?
Also about LTA , Can i opt out of it and get it as taxable amount?

Thanks in Advance 🙂

Folks making more than £100K: How do you deal with the 60% effective tax rate on the 100-125K bracket? (HMRC gradually reduces your £12,750 personal tax-free allowance to £0.)

This is the first time it is happening to me. With one month to go until the end of the tax year, I'm thinking of making a one-off extra pension contribution next payroll.

Any other effective strategies with only one month to go?

Keen to buy first home in Dubai but skeptical given the uncertainty around the global economy albeit high oil prices which is a positive for the region. What are people thinking? Anyone here from middle east?

Have about $15-20k to invest. Want to mix it up between short term and long term investments. Any ideas or opinions where should i put it?

I have a place in NYC and FL and planning to stay in my place in FL for a good 8-9 months. Is it fair to keep my job information the same and just declare to the IRS where I spend my tax year? Or do I have to actually relocate back and forth?! Using TurboTax, it looks like it just asks you where you lived & work and how many months.

What is the most reliable way to make $750k a year by your late 30s?

Hello :) I am moving locally within the Bay Area in couple of weeks and all the movers & packers I am getting quotes from, prefer to be paid in cash (there is a convenience fee with credit card payment). What are the advantages/disadvantages of either method of payment? Thanks :)

Hi All, I am exploring a contract position and they are offering the below. As I am new to contracting, Please suggest which one is better Option 1: $70/hr on W2
Option 2: $80/hr on 1099
I live in the Bay Area, CA if it matters.

Thank you so much !

For those who cold call on 401k plans, what is your approach?

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

Renting a car vs buying, which is better in India?

Hi all, new to this group and to home buying. Wanted to get advice on whether this is a good time to purchase a condo. Also how do you know which area is best in terms of future appreciation? Thinking of Hudson county, Newport jersey city or close to it. Any thoughts on pros and cons to be considered when purchasing a first condo apt ? Also what resources are available for a first time buyer . Thanks a ton in advance

Associates - Care to share your rough budgets (income, spousal income/family support, rent, monthly spending, student loan payments, savings, etc.)?

Ready to do my first back door Roth. I have already filed my 2021 taxes. Can i still do a back door Roth for 2021 if I do it before April 18? Or will it only count to 2022 now?

What time of year does everyone do their contributions/conversions?

Need help looking for a 1 bd, I’ve tried domu/Zillow but none of the options are appealing. Should I be using a realtor?

Budget: $1,200
Areas of interest: LP, Lakeview, Wicker Park, Old Town, Streeterville, West Loop, River North

Ally bank dropping rates again. CD a good choice?

Have 20k, what’s a good small business to start with this fund? Serious question here

Pre-tax 401(k) or after-tax...thoughts?

Looking for some interesting plays that are not Doge, GME, etc (already in those 😅). Thoughts?

Got an offer for 180k + 40k bonus for a SC role in Dubai at a T2/T3 shop. Is this competitive?

Do partners at top consulting firms have better WLB?
An Associate here contemplating whether all this is worth it.
Thanks!

Hi,
I am seeing Offer Extended in the portal against my application.
Does that mean approval by business if yet to be done but extended by HR or something else ?
And how long after this current status can I accept offer letter?
Thanks

Can we change project in Capgemini?

DXC or Capgemini or Fidelity Investments. Fidelity has offered highest amongst 3. I am having 11 YOE.

At this point, I am ready to die with my GME stocks. 😩 My grandkids will inherit it. I am ordering my certificates as a souvenir. 💎 🙌🏾

Just moved back and don’t know anyone need hangout and travel buddies. Who’s in?

Any openings for UiPath RPA Developer having 3yrs UiPath experience.

What was discussed in the townhall today

Anyone celebrating NYE in Accra? I am looking for events

I want a BMW X3, should I buy outright or finance? What is the most reasonable amount I should expect to spend on a 2020 model?

For those of you without a home office: Where do you usually work? My desk is in my bedroom and I’m considering sacrificing aesthetic to move my set up elsewhere

For Oracle Cloud Functional tech, what is the maximum salary limit for SA-Projects role in CTS?

Hi all , can i get referral for software engineer- Angular and the req : 007ZP2

If anyone (non EY) wants some referral money, I am looking for a job. Have 1yo in EYs Technology Risk Advisory practice and Gold Standard reviews. Also speak 3 languages but I don't think it matters.

Please tell me how is insurance vertical in coforge@

In many ways, I feel the same as before I enrolled. I don't understand how because I've lived so many things since then, but at the core, I feel like it hasn't affected me. It's weird. Am I missing something?

Many movies romanticize the sacrifice of one soldier and leave them as a hero, but I have always thought that I hate that. Why would someone need to lose his life to be a hero? I believe the mere fact that we put our life at risk in service is enough to be a hero

MY NPS SIP deducts 30/- as convenience fees
I am 27 my NPS is for 33 years my convenience fees will be around 11k
What to do ?

I am using my first credit card from last 4 months. Can i apply for second credit card? Will this hamper my cibil score?

I am utilising less than 30% limit on my first card.

How t save tax for 9 lpa salary. Can anybody help me out.

Recently I underwent surgery ,do we have option to show unreimbursed amount which is not covered under insurance for tax exemption

Guys, I need your expert suggestions. All figures are in INR
I am living in Europe with my wife. We both are earning.We save around 4.5 to 5 lakhs every month based on exchange rate. We have SIPs of around 60k. Please help me to invest my savings. Apart from mutual fund SIPs I don't know much.

I made a mistake starting SIP in a ULIP. Used to invest 7500 per month starting from November 2018. I have discontinued my premium payments since last year. That is when my fund was moved to an interim surrender state and now it earns 4% per annum interest.

After 5 years of lock-in that is November 2023, can i withdraw the entire amount at a time? (Of course after paying surrender charges)

How to save tax i have 9 lpa salary. Need a detailed information. I have already taken full 80D apart from they any more suggestions for 80C?

I am 29F and earning 13LPA. I have been working for 4 years of which 3.5 years I had very low pay and close to 0 savings. I have been able to save 6L now.

My investments below:
* Elss funds - 2 (total 1.5L annually)
* Large cap mutual funds - 6 (total 40K sip per month) current portfolio of 4L
* FDs - 2 of 25K each
*Medical insurance - company provided

Can someone advice if this is a good investment plan for future? What can I do better? Do I need another Insurance? Where else to invest?

Hello everyone, need a help from you.

Previously my HRA amount was 96000 per annum so I was submitting a rental agreement of full hra without giving pan card details of myself and first party.

Now I have recently joined a new company and here hra is 2.7LPA.

How can I claim the full hra amount? I live in a rented house where agreement is between owner and my dad. Also owner will not accept for a fake agreement too.

Any other alternative do I have to claim HRA? Your inputs are welcome here

Hello guys,

How much % of salary do you save?

While mentioning %, please let us know if you are married/unmarried, pay rent or not.

Just want to know if 70% is enough for a single man who does not pay rent. Or am I saving less money?

I have 11 years of experience in Automation Development and currently in RPA development. What is an average salary for an associate with 11 years of experience

Diversification is the key. My portfolio includes a bit of most of these.

1. Debt/Liquid mutual funds (direct)
2. Gold
3. REIT (fractional ownership and distribution)
4. Equity mutual funds (ELSS, direct)
5. Direct equity (India)
6. US stocks and ETFs (tech & genomics)
7. Crypto currency (interest deposits)

Hi Experts ..Suffering from financial stress...my 90% commitments will be end by December..but felling so much stress to handle with money

Feel free to ask any personal finance related questions here, from equity investment to CC offers. There’s nothing called silly questions, we have some excellent peers in the group to answer it.

Hello All,
If anyone is interested in getting an Amex card as first year free, please dm me. I can help with referral so that you get the card FYF and 2000 bonus points on spending just Rs. 5000 in 90 days.

I feel like I've been living under a rock for ~5 yrs. I was happy and blowing off money with the thinking that I'll start saving once I start earning more.

Just realised that could've started early. I'm in mid 20s and thinking about investment. Tried watching YouTube videos. But I have pretty basic questions :
1. Where do I even start?
2. What %age of income should I invest?

I hope I'm not late.

Is it possible to have zero tax with 13.5 lpa with the following tax benfits ?
80C 1.5 lpa , 80 CCD(2) NPS 50k ,
Home loan 2 lpa.

Hi All

I am getting 45k monthly and 10% tds is being deducted at source so after tds I would get 40,500 Rs. However, I am making my work done from someone else and paying him 30k. I am left with 15k each month. What should I do to save this unnecessary tax I paid? Please help.