What are the areas you can claim tax benefit? My fixed component is 30L but I get around 1.8L in hand. Inviting suggestions
Currently I am claiming tax relief for 80C(1.5L), Education loan interest 80D (2L) and HRA (3.5L)

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

PF component is 3.2L per year including employee and employer

NPS - 50K and medical insurance around 25k

1)Nps- 50k
2)Medical insurance self - 25k
3)Medical insurance parents - 25k
4)LTA
5)Exemption on Bills like Mobile, Internet, Food coupons, Vehicle maintenance

Yes, but this depends if you have those components as part of your CTC.
Tax is exempted on them.

Please use complete HRA components and additional NPS benifit around 2 LPA

I would suggest you to consult a CA.

Related Posts

Can anybody tell me, what would be the inhand salary ?

Post Photo
like

Anyone have or know where to get a good returns analysis template for a take home case study?

like

My work in never ending!

likefunny

Organization is critical for classroom management. Try assembling units into Google Slides with links to ppts, activities, etc. Color code them according to the rainbow: Unit 1 red, Unit 2 orange etc. It takes a minute at first but the payoff is a one click upload for next year! PS I use the same color code system with felt tip pens to grade my classes: 1st hr red, 2nd hr orange etc.

like

How is the atmosphere working at Scripps? I'll be graduating with my MSW degree very soon and am looking to apply in the hospital system.

like

If I know I am making more than what the job I am interviewing for would most likely offer, what should I say if the recruiter asks what my target comp is? Realistically I’d take a pay cut to join this firm, but don’t want to outwardly say that upfront. Thoughts? Talking ~20-30k difference

like

Anyone here at Stripe who would be willing to do a resume review and help my strengthen my resume for strategy / operations roles? I did apply about 9 months ago and never got a response but am hoping to give it another shot

like

Can anyone refer me please. I am having 5.7 yoe in Azure Devops.

like

Curious about what kind of hobbies other engineers have, personally I love knitting in my free time

likeupliftingfunny

If you're going to attempt to be a smarta**, at least try to be both smart and an a**. Don't be just the latter.

like

Does someone have a case of the Monday’s? #backtothegrind

Post Photo
like

Any Amazon leader (L6+) ?
I have a question which you only can answer me..

like

Any thoughts on zero cost fidelity funds. Any you like?

like

Does anyone who made the jump to Corp dev with a much better wlb miss the fast-paced lifestyle of banking? And has it been that much better or is it a grass is always greener situation?

like

How much can i ask for Principal Product Manager IC4 at Oracle Analytics Cloud (under OCI)?

Yoe- 8
Cctc- 18 (have an offer from Thomson Reuters for 28)
Oracle Oracle India

like

Hello friends,

One of my friend is looking for opportunities in Lucknow location

Anyone who can refer in TCS , HCL or any reputed organization, kindly comment

Skills : ETL developer (MS SSIS, SQL)
Relevant experience 2.6 years

like

Do I need to get certified in QA to actually do the job? Help I need input I have a lot of experience in a lot of software but a lot of these remote jobs are asking for certain things please guide me in the right direction

like

What is the typical WLB for a PM at FAANG?

like

Anyone feeling the stress of an arranged marriage? Let's relieve it together - 25/M, Indian here!

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal