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Hi fishes. I am currently based out of Delhi and am on my notice period and i have 2 offers from Citi pune (18.48 lpa base) and Paypal bangalore (20lpa base) for the role of data analyst. Any suggestions which offer to take? Heard about layoffs and hiring freeze in paypal. Also, 0 probation period in Citi where as 6 months of probation in paypal Yoe: 3 years Any suggestions?
If you are working two parallel jobs, then to freelance job ask them if they can Google pay or phonePe you...don't give your bank account details to freelance company
Thank you, actually I didn't file itr till now I don't have any idea, do I need to inform this to my employer, I mean i need to add this in the portal as other income source
Yes it will be counted as an extra income, so you to pay tax accordingly.
dont worry just file income tax .
50000 standard deduction is there and also pf deduction counted in 80 C
if after standard deduction and pf deduction income is more than 500000, mention in rent paid for 96000 yearly.
and you can also invest in ELSS mutual fund.
just DM me if have any doubt
welcome
It doesn't matter if money was transferred into your bank account, such small amounts are not tracked and reported by Bank to income tax ( IT department).
Only "income" is taxable. It will be considered as income only when the company submits the information (amount paid and pan number) to the IT department. This submission is generally done on a quarterly basis.
Download your Form26AS from income tax website and verify if any income has been reported against your pan number.
(I hope that your friends have not submitted your name and pan to the freelance company.)
Thank you
If the funds were transferred to your account, you are liable to pay for it.