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Hi fellow fishies!
Can someone please explain what is “SUPPLEMENTARY allowance” in my payslip??? It is the highest in my entire payslip, more than basic salary. Basic is lets say ₹7 lac annually and supplementary bonus is ₹7 lac 40 thousand.
Can someone please explain why this exists in my paylslip, is it good or bad from tax perspective and shall I ask my HR to decrease it???
Please help asap.
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Yeah, if the economy does better than the firms will do better and compensation will increase. That’s how the business works.
Companies spent their money buying their stocks back.
The Federal national minimum wage is $7.25 per hour and there have been no increases since 2009. Some states minimum is tied to the Federal minimum wage. The Republicans in Congress have always voted against an increase in the Federal minimum wage and at the same time , they have voted for billions in tax cuts for the rich. Hmmmmmm
Rising Star
And you keep changing the topic and not giving a full response on a rebuttal like Kamala.
And quit liking your own replies…
Lol. Good luck with that . Look for a trade war with China. The US will cut aid off to Ukraine and this Russia will take over. Then it's on to Poland for Russia .Obamacare /Affordable Care Act will be dismantled soon. Social Security full retirement age will go up to 70 , more tax cuts for the rich . I can go on and on. You asked for it and got it . You can't go back now and "claim" you didn't think what he said .
Pro
How Trump supporters felt he could’ve done a thing to curb inflation or grocery prices over the past 4 years is beyond me. He will make little to no positive difference in the lower income or middle class day to day, but they’ll still blame the Democrats for this somehow.
I feel 80% of this country thinks the sitting President has a special button to lower gas and grocery prices
Newsflash, inflation is a worldwide problem and now we are going to have no Department of Education
Rising Star
No, that's your employer. But Trump will extend his tax laws to keep your money in your own pocket. Hopefully, over the next few years inflation won't be so out of control and we won't be sending so much of our money to other countries when we could be using it here.
And before you try to claim that his tax laws only help the rich, here's some actual facts:
"The biggest changes under the new Trump tax plan came from those in the middle of the chart. A married couple whose total income minus deductions is $250,000 would have had a 33% tax rate in 2017. In both 2023 and 2024, their highest tax rate would be just 24%. That would have led to a fairly significant difference in take-home pay. Those who earn less may also see a bit of a break. A single person making $39,000 in taxable income in 2017 would have had a top tax rate of 25%. In 2023 and 2024, their marginal tax rate would be just 12%."
https://smartasset.com/taxes/trump-tax-brackets
My tax went up under Trump. My federal tax was 16.9K, 17.1K in the 2 years pre-TCJA. My federal tax was 19.7K, 21.1K in the two years following TCJA. Good news is my investments have doubled in value in the last 3 years. I made more in investments than working.
Pro
The hypocrisy with the Republicans is unbelievable .
Pro
Ok
U and I both know only people going to do well are himself and the rich. FDT
This
We’ll have to get paid more to cover the inflation adjustments
Oh yes - a man who has filed for bankruptcy, what 5 times?, is called the king of debt, and loves to stiff all of his contractors, is absolutely the best for the economy and will help the little people get more.
I sincerely hope this is parity? Please grow up and we’ll meet back in 4 years to see if the better economy really happens. If it does great, but let’s be civil, i think we’ve had enough politics to last a while, from both sides.
Parody
lol
If you ask for it
Very funny