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Bonus is out for EY GDS steps to see. Goto gdsindiapayroll.greythr.com, click on IT Declaration on left. Then click on My Tax Planner at the top right. Then click create my plan then click view it calculation on bottom right then expand income here under adhoc income you should see variable performance bonus amout.
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Quick qstn - I'm receiving HRA of 24075 from my employer but I would like dhow the rent paid as 96k p.a (while filing ITR). Even if I do so, I was only able to get exemption of 24075 from gross. Checking if we can speak to payroll department to increase Actual HRA since I'm actually paying more rent than compared. Will I be able to do so ?Deloitte Newco EY Accenture Genpact KPMG
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If you are able to sell in the medium term then may be worth it to cash in on quick 5%. Or if this is the only way to access tax preferred savings opportunities (e.g., 401(k) is only company stock), then could be worth it. But otherwise not a great idea if this is just one investment option in a retirement account.
Not only will your money be tied up in a non-diversified asset, that asset is highly correlated with your income. So if the firm struggles, you could potentially lose retirement savings and your job in a layoff. Better to invest in standard diversified portfolio.
Got it, then comes down to how quickly you can sell. If there are limited restrictions, can buy at 5% discount then sell as fast as possible. But wouldn’t recommend buying and holding. T-bill rate is over 5% so you can get 5% risk free over a year, no sense in doing this if you need to hold for a year+