Is company lease car a good deal to have.
After lease period do I need to pay separate registration cost to get ownership or just fair value with gst works
Is maths in favour of employee if leased for 4 years and buy back at the end,consider tax saving with leased car vs car loan taken separately for let's say 20 lac car and 34 lpa ctc salary(including pf)

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Posting as :
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Only issue is... U will have to stay in a company for 4 years . If layoffs come, then you should have the money to pay back or company keeps teh car

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Taking car lease is a good option if you are looking to save taxes...but when you think of selling, you will be considered as second owner...if that works for you apart from 4 years that you have to stay in the company then go for it.

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I too have same query 😅

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Looking at the math, it is like you are buying a car without paying any interest. Your interest cost in general gets covered in the tax benefit.

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Which grade do you hold in organisation at 34LPA you are eligible for car lease? Organisation?

I’m having same package but with lower grade it won’t be for me here

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Hi All, Can anyone let me know what will be the In-hand salary for the below breakup
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Based on the Gross salary offered I have calculated the in hand salary per month would be around 152000 considering 150000 in 80C, 50000 in NPS and 200000 deductions due to home loan interest. Total tax liability is around 400000. Any other options do I have to save tax further (other than HRA, LTA)? Thanks in advance.

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What would be my in hand hand for the following ctc. Considering all the deductions

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Hi fishes,

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