Which tax regime to choose? I’m planning to opt for Life insurance of 81k per annum. I may also take a home loan in the future. Which regime would be suitable for me and what are the steps that I can make to reduce my taxes and get max benefits. This is the first time I’m falling under taxable income slab. So, I’m little confused about these things. Help please. Thanks.

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

CA ke pas ja , vo sab thik krdega

upliftinglike

2-3 k max

Which insurance are you going to take that’s costing so high ?

like

Should avoid LIC in today’s scenario and go with Term insurance.. anyway do the calculations for both regimes and see what suits you..

like

Insurance costing 81k is not term insurance and you are losing more money than you are saving on tax. You can rather save the same in ELSS or post office savings.

like

If your gross pay is less than 15L then choose the old regime, otherwise opt for the new one

like

This is not always true. Depends on how much tax saving instruments you have for old tax regime https://aviankra.com/are-you-choosing-the-right-tax-model-new-tax-regime-vs-old-tax-regime/

like

Max exemption you get for Life insurance is 1.5 lakh

like

Call me on 80051 07309 for tax planning

Calculate your tax according to both regime and choose accordingly..as you mentioned you are planning to take home loan and insurance. Old tax regime will benefit you better than new tax regime.

Related Posts

Is it true that it’s exceedingly difficulty to transition from insurance defense work (7+ years) to either commercial litigation or an in-house position? I’m worried about staying on this path for too long, becoming pigeon holed and not being able to get out of it.

like

Hello people tomorrow is my interview in citius tech, I have 3.3 yrs of experience in us healthcare, will they ask me about any technical questions?

I’m fairly new to the FIRE movement. When calculating your percent of savings, do you use your take home pay amount net of all deductions? For example, I contribute about 20% of my paycheck to my 401K each pay period, so I’m not sure if I’m suppose to be including this retirement balance in the calculation. I won’t be able to pull from the account if I retire early as there are penalties fees.

Hey guys who makes the decision about which insurance product to buy or not in commercial insurance? Is it the Risk officer and his organization, the finance organization the CEO’s office??? Any guidance here will help…

like

What is the average salary for the AIC (Associate in Claims) designation and what insurance companies value it the most? Thank you!

like

My mental health is really struggling. I don’t have many friends, work in a very small office no one talks to me. No communication very stale work. My bf(who I love with) is supportive but I feel guilty complaining all the time. Want to leave my job but want to wait until I get cpa (only 1 down). Does anyone have any tips? I feel depressed and anxious all the time but really can’t afford therapy or anything medical. Just looking for things I can do on my own.

like

Considering a move to NTT Data in a healthcare consulting role. Mixed reviews in the bowls. Major concerns are bench policy, staff aug roles, 2 week PTO, and high turnover due to job dissatisfaction. Recruiter and mgr had great things to say around growth and opportunity, which doesn’t align with feedback from the bowls or Glassdoor.
Understanding things have changed there in the last few months, I need un-biased advice from fellow fish who have recently joined or can speak to recent changes

Which would be the best insurance for parents visiting the US?

Anyone have any insight into AWS health care and life sciences team? Culture, WLB, etc? I found a few positions im interested in and would like to chat and get a referral.

like

Hello Everyone, I m currently working in Capgemini got offer from British Telecom

Could some one help me with below queries

1) work culture,Job security and benefits in BT
2) In offer letter they said first 6 months will be Probationary period. How tough it is to get Permanent confirmation letter.
3) Company name they mentioned as BT eServe India Private Limited just want to know is it a part of Bt group or payroll will be same for all employees working in india ?

If from BT BLR ping me

like

Started at a new firm a recently. I’m a little anxious about my growth opportunities. I’ve been working and billing like crazy, but the firm essentially charges insurance rates - but also are really conservative about billing and cut my hours a lot. It seems they’re really happy with my work. They’ve brought up the issue of my time and said I should be able to capture my time as long as I break the entries up more. But I think they’re still cutting it. I’m worried I won’t justify my pay goals..

like
like

Hi Fishes.
I'm thinking to join Cornerstone Mumbai, but confused with the same.
Can anybody share the salary range that I should ask for, and also it would be great if someone share the benefits and work culture of the company.

like

Has anyone had their 401k distribution reach their account? What date should I expect to log in and verify it in December? or does it usually post in January (MBB)

like

How much would a healthcare account supervisor make a year?

like

Healthcare consulting firms with Atlanta offices?

like

Hello everyone- I am seeking suggestions for healthcare profession that only requires certifications, I work in the coding department but I discovered that it doesn’t work for me.

like

Curious about meditation. Does it bring noticeable benefits ?

like

Weighing offers from IQVIA (Consultant, strategy/life science) and Oliver Wyman (Experienced Consultant). IQVIA base and total comp are slightly better. Thoughts on each company, work/life, career growth, ect. Which offer would you accept? Also, I am a consultant for a healthcare network now, not a physician.

like

I've done my post-graduation in management from a tier 2 B-school (IMT, TAPMI, IMI, KJSOM and the like). Majored in marketing with some operations subjects. I'm currently working as a research analyst for about 1.5 years supporting mostly consulting work in the health and life sciences industry.

I am looking to move out of this industry into a more direct industry-oriented role rather than currently (which is like looking into the industry from the outside).

Any advice? (cont. in comments)

like

More Posts

Thinking about moving to charlotte, what are some pros and cons? Visited a few times, but would like to hear from people that have moved down there...

like

first year: “what’s the dress code?”
me:

Post Photo
likefunnyupliftingsmart

Hey fishes,
Got the offers from the below 2 companies:
Please help me choose the same considering the below points:
WLB, Appraisal, yearly bonus, yearly hikes, job security.

BNY Mellon Pershing
JP Morgan Chase

like

Any business analyst looking for an exciting career with one of the top consulting firms of canada?

like

On LinkedIn do you use your USDC title or the Core equivalent?

like

To our Asian members, I want you know we stand with you in solidarity. These acts of violence are beyond words and should be labeled as domestic terrorism.

How are you holding up?

like

What is the current way of working at MBB firms in London with COVID? Do you go into the office much? Do you still get the occasional office outing/fancy dinner etc? Is it purely work from home? From someone considering transitioning from IB to consulting because of how mind numbingly boring wfh has become and how much I know MBB look after their people.

like

Very nervous about teaching in person because of Covid.

like

How to find decent contract roles for consultants?

like

Moving to LDN hopefully by November. Can anyone please suggest muslim concentrated residential areas? I would really like to stay well connected with the community.

like

How much time do you take off before starting a new job?

like

Glad to have gotten in a few places, but feeling like so many people got scholarships and feeling daunted by the debt

like

27 M, From Toronto, Canada. 4 years sales experience and 5 years experiential marketing experience.

I currently sell a physical product (shipping containers) in a start up environment.

I would like to transition into tech sales: Food, Health, employment or education industry.

My career goal: SDR > AE < EAE > SALES TRAINER > Full Time Entrepreneurship.

I’d love to move to Australia or UK during my career. What are some great international SaaS companies to apply to?

like

does anyone know where to get good resume review/help? Haven’t updated mine since college and don’t know what I still need on there or should take off

like
like

Curious how folks are governing/auditing their HRIS data. Wondering if this always done it manually.

like

What is starting comp for a post MBA consultant at Putnam Associates?

like

X pst. Seeking guidance on pivoting to more meaningful job. Hello fellow fish. I’m requesting advice, or if you’re feeling generous, some contacts. I’m a JD/MPH with advocacy experience in and passion for health reform and reproductive rights, prior to practicing transactional/regulatory health law at a firm and now in house at a major academic health system. I want to transition to more positive work ideally to go back to my roots in advocacy/public policy but am curious about other options

likehelpful

Hi fishes,

Need your help
Currently I am working as a PMO and have 3.2 yoe.
I wanted to switch my careee into Salesforce.
Can you please guide me how shall I proceed with the same?

like

Does anyone have BCBS Illinois insurance direct from the marketplace that covers IVF? Can you share the monthly cost? I’d like to switch insurance next year, my Aetna coverage through my employer is horrible, I have a lifetime amount that’s almost maxed out and I only have one normal embryo from my first IVf try. Just trying to figure out other options.

like

Additional Posts in Salary slab IT industry(India)

How much CTC to ask in a different company?
Current Org: EY (Big4)
YOE: 2
Current Role: Staff/Associate
Skills: Power BI, Alteryx
Current CTC:5LPA +20% variable

like

I have 9yrs overall exp with 6 yrs( in HCL) in Service desk and 3yrs in BPO. Have 6lpa CTC. How much can I get in next switch.

like

What is the average salary for windows solutions Architect in India.

like

Hi folks,
I am just checking about salary , i have 9+ years of experience with frontend developer for almost 7 years and now working with .net technology from last 2 years. Currently holding package of 17 LPA.

Can you please suggest what shd be market standard for same exp.

My tech stack:
EXTJS, angular 1.6, react js, node js, core Java I would not say .net as i am on management part of this project

like

Hi Fishes.
I'm thinking to join Cornerstone Mumbai, but confused with the same.
Can anybody share the salary range that I should ask for, and also it would be great if someone share the benefits and work culture of the company.

like

I have 12yoe and have 20.6 lpa. Works as an automation lead.
I will be having a discussion with TCS HR. What are your suggestions and how much can ask hike?

like

Require Suggestion on choosing company @IBM vs Cognizant vs @Capgemini All the 3 offered the almost same CTC , but IBM is giving more Joining bonuses than others. Which one to choose for better work life balance and good work exposure on medium to long term

like

Hello Fishes, I have recently cleared 2 rounds at a finance company for the position of Security Consultant/Dy. Manager. My current package is 10.2lpa with overall experience of 5.1 yrs. What could be the payscale range I could ask for in third round i.e HR discussion? IBM Tata Consultancy Deloitte Accenture ZS Associates Infosys Amazon Mastercard Paytm #fintech

like

Any referral for python and storage developer please let me know @tcs @infosys @ibm @techmahindra @netapp @accenture please let me know

like

Hi Fishes,

Please help me choose from the below companies.

Data Engineer. 3 years of experience. Location - Pune

1. Cognizant - 15 LPA
2. LTI - 13.5 LPA (including 5% variable)
3. Blazeclan - 12.5 LPA (including 5% variable)
4. ielektron - 13 LPA (Bangalore)
5. TCS - 10.5 LPA + 1L JB
6. Go Digital Technologies (Startup) - Salary to be negotiated.

Only few days left of NP.
Please help me choose.

like

How much salary does Accenture offer for Level10 candidate
Profile : SAP EWM
Experience : 3+ yrs

like

Hi, currently I am working as technical support specialist and have 3 years of experience, i have done my devops course and looking to switch in devops, what will be my salary / package if I switch into devops?

Can someone help here.. ?

like

Can someone help for my inhand salary
This is the fixed that I am getting, a little confused with PF and tax part

Post Photo
like

Urgent !!! Need your help

I have two offers in hand
Product company(Telecom) - 35 L (32.5 L Fixed & 2.5 Variable) + 2L JB
IT Services Company -37.6L (34.4 L Fixed & 3.25 Fixed)
Both are similarly better in terms of compensation structure and Insurance is seperate

YOE: 8 years
Skillset: Solution Architect
Current CTC: 17.4 L (Including Fixed)
Please don't mock or give me unhappy comments !!
My question: The compensation that I have offered is it a great package or a good package.

like

Which one should I choose : TCS - 26L, Eli Lilly - 31L, Mphasis - 34.5 L. Fixed mentioned +10-15% variable each. Want to have work life balance, growth and stability. YoE 15 and job location Bengaluru ?

like

Hello folks. I am 3.5 years experienced React developer. I got a offer of 25 LPA from Informatica and 28LPA from Unbxd. I have decided to join Informatica because the project is better. Please tell me if I can ask Informatica to match the 28LPA offer or will it be too greedy as already I have got 300% hike. My current salary is 6.3 LPA

Please suggest

like

Hi fishes,
I am switching job with having 3 YOE
Current CTC 3.75 LPA
Tech Stack - Java, Spring Boot, Rest Api, web services, a backend developer.
what should be the expected CTC ?

Hi,

I am a Salesforce admin, having 6 years of experience in the same and getting offer from metlife and Capgemini with same package but metlife is having night shift and Cap is having morning timings which one I should join and what is the avg salary of salesforce unit manager position in India ?

like