Whats the max of monthly rent has anybody shown for HRA deduction 😅

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

25k

40k...its all depends on your basic selery and hra limit by your company.

But does owners provide pan for showing 40k rent? Or u paying 40k rent in actual or just claiming it to 40k in hra?

Related Posts

Shifted more options profits into 250 NOK shares

like

How did you get into real estate?

like

Is it too late in our lives to jump into a mortgage?

So my fiancée and I are relatively late in terms of finally landing well paying jobs and being able to save money instead of living paycheck to paycheck. We’re both 36 and currently rent a 2 bedroom in NY and have a combined savings of $35,000 which she wants to use as a down payment on a condo. I kinda just wanna continue saving while renting. I also literally just started contributing to my 401K so I’m also late in the game for that too.

helpful

My 401k technology stocks are down 27% as I started beginning of last year!
Hold and ride OR some other recommendation?

like

Has anyone dealt with financing a non-warrantable condo? About to drop out of the deal because I can’t find a lender. My finances are fully in order, issue is the building.

like

Till now i have lost around 10 lacs in stock market which includes 3lac taken from father, my friends tell that acha time ayega , hope they are right. Just want to stay away now from stock market.

like

Hi Fishes,
I have recently joined Deloitte and have to submit my HRA declaration, my work location is Hyderabad and even i staying in Hyderabad on rent but my owner refuse to give me her PAN card details.
I can submit my parents PAN details ( both are retired but they stay in Jharkhand) instead of my owners
Can you guys plz suggest ?

like

Hello Fishes,

I have joined hcl on 24 th sep 2021 and my last working day here is 18th May 2022.
Today I received my provisional full and final settlement and the payable amount is negative -11454. They are recovering the full AMPB amount which I got from September months.
I have heard from this platform only that hcl stopped the recovery police but still I got the negative fnf.

like

First time home buyer and I have no idea what I can afford. Excellent credit. I know to get a preauthorization before looking but want to skim homes the meantime. Any good rule of thumb when searching?

like

Can someone help me with this? I had a low utilization since pandemic, I.e., ~sub 5%, but never missed any payments. Would credit score be impacted if only one line of credit with a low utilization?

Too few accounts currently paid as agreed
FICO®

Scores consider the number of accounts that are paid as agreed. Your score was impacted because the number of these accounts is too low, or because you've missed payments recently on some of your accounts.

like

Hi Fishes, what is the monthly salary for this? With 1.5L in 80c and 15k monthly rent and using previous employer’s pf. Please help.

Post Photo
like

Any recommendations on where to invest 10k? I have about 15k in stocks but I don’t think I’ve done a great job picking stocks. Also for people making 150k+ how do you budget your money monthly?

like

Who wants to start a DAO and buy time shares (literally lmao) in a watch.

Can rotate throughout the year 😂

likeuplifting

Didn’t invest in LTC early on, it went down to 260 today - worth pulling the plug on it?

Sorry if this has been asked a few times but - relocating to Charlotte and looking for apartments, preferably in southend. Any solid recommendations or places to avoid?

Looking for a 1 BR - 2.4K a month or less.

TYSM!!

Based on the Gross salary offered I have calculated the in hand salary per month would be around 152000 considering 150000 in 80C, 50000 in NPS and 200000 deductions due to home loan interest. Total tax liability is around 400000. Any other options do I have to save tax further (other than HRA, LTA)? Thanks in advance.

Post Photo
like

Max out 401k before contributing to taxable brokerage? Roth IRA is already maxed out.

like

What is the advantage of having a checking bank acct? I only have savings accts. Am I missing something?

Is it worth saving money with 401K or get better rates in FD’s / Post Office etc in India ? FYI 50% match is provided by company for first 5% only

like

More Posts

Hi Fishers,

43 days has passed in PDP with Timeline for me and there are still no projects avaliable on TMP based on my current skill set. I am upskilling my self as my Home manager asked me but this long period on PDP with Timeline is really making me nervous.
Should I be prepared for the worst and start looking for job change?
Anyone faced such an situation please suggest.
Thanks in Advance!

Post Photo
like

Did this thread go dead? 😂

like

Hi

I have joined IBM and resigned within 50 days.
Reason: project I was allocated not good and I initially rejected project but they forcefully moved to the project.I have asked multiple times to replace the project after that I have resigned.
Now manager is threatening me that I will be placed under no hire to IBM.
Is it ethical?

like

Looking for Scrum master position with 10 years of experience. Bengaluru location

like

Hey fishes , To ones who joined recently - I have my joining coming up and I was asked to come to office Location to pick up laptop.

Anything else apart from laptop collection that happens on day 1 ? If it’s just laptop collection , I am planning to ask them to ship it to my home

like

Is anyone willing to share what they are making in their role and how big of an organization they are working for? I'm wondering if my compensation is fair.

like

Hi, I am a QA with overall 5 years of experience, out of which automation experience is of 1 year (Web application testing automation). I have worked mostly in web application testing and mobile testing.
Below are my skills :
Selenium
Core Java,
Python,
SQL
My current salary is 9.2 lpa. How much salary can I expect from good MNCs?

I got H1B Visa and 83000 USD dollar petition amount as annual package.I am confused as this amount will be enough to survive there with wife and 7 year old daughter.My wife is working here and together we are earning 50LPA annual.We are settled here by owning house too.Confusion is my wife will not be able to work there on H4 Visa so the kind of life we are living here will not be possible there.Thoughts?Suggestions?Pros and Cons?

like

What is the average fulltime, RN hourly range within Houston, TX? Trying to ramp up our bargaining skills. TIA!

1. 5 years experience, M/S, Telemetry
2. 10+ years experience, M/S, ER

like

Need 11♥️ for DM.
Please help

like

What would your reaction be if the company you applied to asked for you to get permission from your current firm before moving forward? The situation is the company you're applying to is a client of your current firm, and you've already gone through the interview process with the new company. Thoughts?

like
like

What's your first time experience? Did u able to last long? What strategy to use to look pro when doing sex first time with gf or wife, and not look like looser or pre mature ejaculation

like

What is a good neighborhood to live in Denver for an early 30s couple

like

What’s the best agency for social media/influencer marketing? Looking for a change!

like

Hi there - anyone aware of FTI director salary range for Dubai office? Not enough data on Glassdoor to verify..

like

Those actively interviewing, where are you trying go?

like

Does publicis sapient have RPA-Uipath projects?

like

Do Mphasis provide transport during general shift.
How is there Noida location.
Any idea about morgan Stanley account

Hello,
If anyone can answer ,
On how time it will take normally for HR discussion and final release of offer after clearing the interview?

like

Additional Posts in India Tax

Could anyone please tell about NPS CCD(2) ? Is it paid by employer? What needs to be done in this?

like

My CTC will be
Basic 13LPA
FB 7 LPA
Total fix pay - 20 LPA

80c - 1.5 LPA
HRA 3 LPA

Any one please help mi on which tax method will be sutable for me old or new?

like

How to bring tax liability to zero for 15 lpa ctc?
Can I claim hra for less than one lakh per FY and Maximum housing loan benefits?

The rental place and property under loan are in same city.. Parents stay in rental ( I pay rent) and I have purchased new flat in same city for myself.

likefunny

Do you submit fake rental receipts and owner pan card detail for HRA? Is it normal ? I see most people does in my team. They submit parents or spouse pan card number as owner pan card number to get HRA. Is it same everywhere?

like

Please let me know how to claim (whats bills needs to be submitted) exemptions for Special Allowances.

like

My company has asked for investments proofs. Jts feb only and i have upcomming mutual funds sip also. How can i show these upcomming sip investments ?

like

Anyone here working in M&A tax? need a referral.

I'm a recently qualified CA (first attempt)

like
like

In case anyone needs help with their Tax returns, please feel free to DM me.

like

Kindly suggest the best ways of saving maximum tax for this CTC :) :)

Post Photo
like

I want to know which tax slab can be appropriate for a 10lpa and what are the way I can manage to reduce my tax computation.
I have been to this tax slab for the first time don't have. any knowledge.
can one of you assist what can be done or what are the steps for saving the tax or us it possible to have 0 tax.
FYI,
2.2lck is hra

like

Hi all
Can some please help me !!
I have already paid self assessed tax but in income tax website its not updated and money also debited from bank
What should i do now

like

Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

I have not filed 2017, 2018, 2019 return as my total income was less than threshold

Is it possible to file return for 2017 , 2018, 2019( all r in refund) now without paying any penalty?

like

Hi,

I just want to know a fact , upto which ctc can be adjusted to minimal tax deduction under new slab?
Like 15lpa ,20lpa

like

Hi Everyone,

I just need some advice.
My father passed away a few months back and I am yet to obtain the legal heir certificate. Given the ITR deadline is near, should I just file his ITR from his account or is there any other option?

Thanks in advance

like

How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

like

Can we show unequal rent split up between husband & wife for HRA?
Let's say we pay 20k in rent. I want to show that I pay 15k and wife can show 5k. Is this sort of break up possible without explicitly mentioning it in the rent agreement?

like

I selected new tax regime in the company 'xyz' portal for April 2021-March 2022. I left this company in jan 2022 and tax of 16k got deducted from F&F settlement.

I have investment in EPF and submitted the rent receipts to the company for tax exception for HRA. But in F&F, based on new regime tax deducted.

During filing ITR for assessment year 2022-2023, can I file by selecting old regime and get this 16k return?

like

Guys can anyone help me to get the best refund or filing for tax for 21 LPAfixed 26LPA CTC.
I know my in hand salary will be 1.3 by any chance can I make it more ??

like

Does your organization make you feel like your work is only a support function to their more profitable businesses?

like

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

Scan your QR code to download
Fishbowl app on your mobile

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