People who pay rent to their parents for tax-saving, I have a few questions,
1. If I transfer money to them, and they transfer it back to me, will it be taxable?
2. How much can I save this way, if I live in a metro? (Retired parents)
3. Is cash the only option they can give it back to me in case they don't want to use the rent money I paid? What are other possible ways?

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Posting as :
works at
You are currently posting as works at

Use thier account for expenditure

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Maybe invest the amount you are paying to them via their account - in case you can invest that whole amount.

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Additional Posts in EY GDS

People joining from DUSI to EY GDS

How is your experience till now?
I am about to join in JAN

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Hi All,

I received below mail from ey gds. Can I consider this as rejection mail or there is any chance of being selected?

Post Photo
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Hi Fishes,

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Something about me is both a curse and a blessing - I can't ignore what is not clear, logical, aligned, and simple. Even if that means that I have to work several minutes or hours extra on a document or an email. Things bother me if they aren't as expected. Unless I understand something clearly, I can't let it go. This is what helped me excel at studies. At work, my obsession makes it hard for people around me. If people complain about me, should I just let it go or change my approach?

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