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Does anyone have any insights on what a typical Sr. Associate Director makes at Boehringer Ingelheim? I have a range of 170-180k which I think is fair but don’t want to be underpaid. Also, any information regarding retirement planning or medical/dental benefits would be helpful. Haven’t gotten much out of HR. Thanks in advance!
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Basically, you're asking if it's okay to do fraud? The answer is "No". But, you can easily claim 80 C and 80D, LTA along with HRA, and you should be tax-free at that salary.
Finally found a good person who said no to fraud. Recently I have been reading everyone doing fraud and they were so happy to share. 😅
Yes. AD1 is right. You don't have to do fraud for 8.25 lpa.
HRA - up to 1 lakh without PAN
80C - 1.5 lakh
80D - 25k
SD - 50k
NPS - 50k
Total deduction = 3.75 lakh
Taxable income = 8.25 - 3.75 = 4.5 lakh.
25k rebate.
0 tax