I am salaried & have opted for new tax regime. I have zero liability (no EMIs, etc). Closed both my home loan & car loan. I live in my own house.
My yearly tax comes out to be around 12 Lakhs. I want to know if there is a scope to save taxes continuing with zero liability. I would not mind appointing a CA but I have no idea how to choose the best CA.
12Ls in taxes wow! Don't you feel sad paying so much tax?
I pay less than 10% tax on my salary and I'm way higher in the 30% tax bracket.
Bro pay me 1L, I'll save you lots of tax.
+1 for everything above except staying at own home.
Usually there are very limited or no options to save tax if you have opted for new tax regime. So ideally its better if you keep it the way it is. Ideally the CA would help you in filling in your ITR and giving some investment tips for you. New regime is already simple and i don’t think would need a CA
Thank you. Appreciate your comments here.
There are many ideas, some straightforward some a little bent. Depends how you want to do it. Consult with a CA first instead of hiring one.
Please note that any off the shelf idea will get you have a lot of cash in hand out of your bank account.
There are many 1-2 cr+ earners on graveyard. Request them to do the honour.
Had taken services from Cleartax before and they had helped me in saving some taxes. But not much. I am not sure how much of help they would be
Paying above 25L from salary. Help!
Have been frustrated by this problem so much now that I think I should quit and start something here. 😅😅😅
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Since the tax season is upon us, I wanted to check how do you folks handle tax related things?
