I fall under the 30% income tax bracket and my taxes have been deducted close to 5.5L. I have used all 80c, 80D, 80CCD etc. Is there anyone who can help me with the maximum possible tax refund?
I heard that there are people who charge commission and help you get maximum refund. I am not sure how true that is.
They will add all sorts of deductions, which upon audit, you won't have any supporting documents, so you may end up paying 200% fine. Avoid these at all costs.
+1. With everything being digital and connected, IT dept shoots out email for clarification / tax claim overnight like Swiggy sending a PN to order food. You also don’t want to risk a penalty, an interest and interest on interest. Lastly, you don’t want a silly 50k savings hack bite you later in life when the stakes get higher.
HRA is our friend. Pay rent to your parents
It's ok bro/sis. If you got all deductions then there is nothing much you can do legally (for salaried). That's how high taxes work. We all are in the same boat.
Bro, itna to ModiJi ko dena hi padega
Off topic
Last year(23-24 financial year) Total Tax deduction was 60k. My total investment in 80C(PPF and ELSS) 48500 and in 80D -16000. So how much return I can expect after filing tax.
Tax regime- Old
I am new into this, so it may ...
I paid 4.8L Tax and my CA somehow managed to get back 30k refund. Wanted to know if people here in similar bracket or higher .. Have managed get higher refund. I chose old slab coz the greytHR portal said I’ll save more in that. I don’t ...
Govt of India is best at killing Middle Class. What percentage of your total CTC did you pay in tax. Income Tax department id the new Sahukar.
30% bracket but pay 0% in tax.
15% and even less at a >50LPA salary - be a Contractor instead of an Employee.
34.32%
It's been close to a year since I am earning a salary and this is what I do:
Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...
I do the same. Invest 50% in MF(Flexi cap and Index funds) and remaining in 80C instruments here and there. Tip - M...
My girl sucks the most of it, rest in investments
