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I joined Tiger Analytics with CTC of 9lpa. When I check in greythr IT statement, it shows 7.14lpa.
In the CTC payslip, it shows 75k per month as my salary. But this month I got 61k.
I understand they deduct tax, but I feel it is too much. IDK where I'm losing the money. Can someone tell if this is normal. I'm a fresher so, IDK much about it.
Also, what can I do to pay less taxes? Any help on that?
What are the best ways of tax exemption
SOL vs ETH 2.0?
I was in BigLaw for 9 years and left because I hit my savings target. FIRE kept me motivated. I’m now primarily supporting my wife’s career (BigLaw counsel) as her job has unparalleled flexibility and she legit enjoys it, so we’ll use that to get the rest of the way to full financial independence. For myself, I’m currently focused on writing, wildlife photography, and fitness goals. Its unlikely that I will return to the legal field in the future. I’ve written more about it here if interested: https://www.attorneyevolved.com/post/biglaw-early-retirement
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$BABA got murdered today. Buy, hold, or sell?
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crwd 4/17 $60 calls... you heard it here first
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Well they didn’t want anymore tourists. I think they fixed that problem.
VIX hit 60 today. Same levels as March 2020.
March 2020 was unexpected. This, not so much.
Don't find yourself playing to the downside AFTER such a strong down move has passed. This is merely a reset to grind back higher.
Can someone explain how the reverse carry trade impacts us markets?
BoJ has their interest as zero for many years and people start to borrow in yen and invest into other market, mostly US equity and bonds. Unlimited money glitch.
Now suddenly BOJ turbo charged ther interest rate and the yen appreciated 10% overnight which triggered margin call everywhere. Now people have to sell whatever investments they have elsewhere to pay back their loans.
Borrow bunches and loads of money cheap from Japan. Then ape into US markets on heavy margin.
As someone living in Tokyo, BOJ are fools to try and kill the weak yen. Weak yen has boosted profits, made their export driven companies more competitive, boosted domestic companies by making domestically produced products more affordable relative to imports, and boosted FDI, and turbocharged tourism.
Plaza Accords in the 80s killed the Japanese miracle by forcing Japan to strengthen the yen. This time the BOJ did it all on its own.
I suppose they like to move their cash out of the country and the weak yen doesn’t help with that.