I received a joining bonus of 2L while joining a company which i had to pay back to since I left a year. Tax was deducted while it was payed to me, around 1.4L was credited to the account. But they took the whole amount 2L in the F & F settlement. Will I be able to claim the tax deducted for the money i never owned while filing taxes for this year ?

Hi everyone!

Wanted to know if Amex uses a lot of proprietary softwares/ processes which have no value outside of Amex?

For EESP - which is better share withholding or payroll withholding? Thoughts?

Hi guys. I have a query with regards to the Income tax proof submission.

So I have claimed exemptions on the following-
1) HRA
2) 5 year term deposit(fixed deposit) under Section 80C
3) Interest on education loan under Section 80E

I have also provided previous employment details.

Guys I didn't know that we have to submit declaration forms as well. Can you please tell me which are the declaration forms that I would need to fill and submit??

Thanks in advance :)

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

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

Has anyone just taken a break from work without anything lined up? Every offer I’ve gotten wants me to start in a month and with 2 weeks notice that leaves me only 2 weeks to recharge. For my mental health I really think I need an extended break (like 3 months). I have about 60k liquid to sustain myself and pay about $1500 a month in rent.

What’s the best credit card for points in the UK. I’m from the US and have the Chase Sapphire Reserve and the Marriott Amex

Does anyone have any good self created templates they’re willing to share for use in the context of stock option planning?

Any loan facility available in BOA

I thought the answer is yes but now double checking. Can we write off the interest we pay on our primary residence mortgage?

Does anyone use a brokerage account instead of a checking account? Mine offers a fee free debit/atm card and free checks which I'd rarely use but starting to question whether it is worth maintaining my "big bank" checking account that requires a $1500 minimum balance.

I also have a local credit union checking/savings that I'd use if I need any services or to deposit cash and a HYSA that gets my paycheck, is used for mortgage and credit card payments, and to transfer to checking or investments.

Did ok on a real estate investment and will have around $200k net to reinvest. Looking for opinions on short to mid-term investments for consideration. Moderate to high risk tolerance. TIA

Can someone explain the benefit of whole life or similar products? I understand that they are bad for 99.9% of people. How does the 0.1% benefit? Taxes? Asset protection?

I'm struggling to understand why anyone would use these at all. Significantly caps your upside. If you are uber wealthy, why wouldn't you continue investing in the market? Why pay the crazy fees for these products that are essentially just 90% treasury bonds and 10% levered ETFs and covered calls?

So what stonks are we buying?

FYI Amex offer for Allen Edmonds. Spend $300 get $90

From a financial standpoint in this market, which would be a better approach in Austin -

1. Buy a ~8-850k house that meets most of our ideal criteria (size, schools, interiors etc) to stay long term

2. Buy a ~5-550k house that’s not ideal with the plan of moving into an ideal home in 4-5 years when kid is ready for school.

How easy is it to get a mortgage for the second home?

Household income - 300k

Happy to add more details as needed

Thanks

Is living in the west village worth it? Moving to nyc soon

Sober and Vegan a year and 4 months now. Feeling great and more creative than ever

Hi All,

What is the advantage and disadvantage of working in SAP labs as external worker

Anyone here who left Citiustech within 2 years?
You didn't need to pay 1st year's retention bonus back, right?

I’m looking for a tool that allows me to search for text in Office Actions and responses. For example, is there a way to search for ‘written description’ or ‘improper Markush’ issued by Examiner John Smith? Does something like this exist?

Anyone know about Vista Outdoor?

Hi fish,
After how many days of Capgemini L2 round can i expect hr call. Thanks in advance

Hi Fishes,

Got a call from Trianz Bangalore location for Cloud Migration Solution Architect role. Can I have some insights about the Company.

Does someone with a Lufthansa account mind checking for me how many miles I would need for a 1 way business class ticket from HKG to ORD on 7/28?

I would check myself but they require 7,000 miles.

Thank you so much!!!!!

Just raised my first snapshot.
We can't see the review?

Hi Guyz, Need advice

I have expertise in Mobile application
development.
I know android ,flutter and react native.
But as I am progressing in my career I get
to know I love doing coding for business
logic rather then Ul part.

So I am planning to learn any backend
technology as well. I am thinking to start
learning nodejs. I just know Javascript
and totally freshie in backend.
Is it good idea to learn any backend.
technology and what technology I should
go for nodejs, dot net or anything else.

ACB - Buy now or wait and see?

Have opportunity to work in my firm’s London satellite office for about a year and a half, and then come back to NY headquarters. In good standing with firm and have M&A and capital markets experience. Did not start traveling abroad until my bar trip (did not grow up with the money for trips like that) and think it would be a good personal and professional experience. Any thoughts / advice?

Capgemini Chennai joiners, do you get a laptop or desktop?

What should be average salary for Scrum master 3years exp and overall 7 years exp?

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

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.

Can I pay income tax challan using credit card?

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

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 .

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.

Any ways to fake lta

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

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

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.

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

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?

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

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.