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Rising Star
I can understand ur pain. I am also paying similar value as monthly tax. The joke is, 45k is the salary of most of my frnds in my home town and v r paying it as tax. Think about moving to Saudi or Dubai, u can enjoy tax free life. That’s the only practical solution as of now.
Hmm, I think its quite a debatable thing, but I think dubai is not that bad option either.
I can understand your point and also agree with the epf n other solution provided above to minimise the taxes. Just want to say don't think that our taxes are only going into the pockets of corrupted politicians only. There are several government officials (many of them are like us) who gets paid, several government projects, rural development, health policies, education schemes and also from doctors to sweepers salary use to get paid from the taxes we pay. There is also a positive side which we generally ignore to look at. Atleast we are not like those corrupted politicians who are selfish for themselves only.
The main problem here is Government taxing like developed countries but providing services like below under developed countries.
Agreed man, I am ready to pay taxes if I get something in return from government. The road Infront of my apartment looks like old village road, government hospitals are all shitty, private hospitals are expensive af. Cars you get, 50% goes to government again,
Rising Star
How come your pf contribution is so less and tax is so high? Is it because you received some fat one-time bonus?
Not exactly, my last two employers had 1800 base pf by default and we could opt if we wanted
Any reason why you are doing fixed pf?
Okay
How much is the fixed ctc
i go for new with 30.5 as fixed and i get around 175k as fixed, more pain...
Modi govt has failed to give tax exemptions to middle class
Can feel you bro, I pay about 12lakhs pa as tax, fk this country and govt
Please control your language, firstly be grateful that you get paid so much money to even pay 12L tax, ungrateful person that you are, undertsand that more than half of our country's population does not even earn 12L/A...
PF contribution is too less. Which company?
Okay.
Although it’s unavoidable for us, I understand your pain but you can have components like NPS and other components so tax part will be reduced. Think carefully which option is suitable for you.