People with 50L+ taxable income, how much taxes are you paying? is there a way to reduce that?

I have always been very intrigued about managing my own finances, never hired a CA till now. But every year when the tax return filing time comes I run into the same thought - Am I paying too much taxes, is there a way to plan it better? wanted to get some information on how are you guys managing your taxes. - Do you guys have a dedicated CA? does hiring a CA helps? - How do you plan your finances? investing/Saving/restructuring to avoid paying the maximum taxes? - Some people setup a side business to set off some recurring losses/expenses to some extent. Does that work in long term? - In terms of wealth generation, what is your strategy? How much you are able to invest? What assets are good in your POV? P.S. - Before someone comes up with you need to pay taxes so India can grow. I understand your POV but IMO, I am not able to get the benefits/infra in return, but I with all my heart believe in India’s growth story.

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. 1. How much does a CA charge annually? 2. Is it really worthwhile to have a CA given the above? 3. What are some questions I must ask the prospective CAs so that I can assess their capability? 4. Salaried people that have already appointed a CA can share their experiences. 5. Is there any off-the-shelf ideas I can get here to save taxes?

Since the tax season is upon us, I wanted to check how do you folks handle tax related things? 1. What are some tricks you use for tax saving? 2. Do you work with a CA or handle taxes yourself? 3. For folks having salary>30lpa- which tax regime have you chosen?

How do I find a CA? I tried searching grapevine but could not find any relevant post where how we can find one is mentioned.. Is it beneficial to hire a CA for salary upwards of 30LPA? Like, can they help me save more tax than the usual 80C/NPS/Medical Insurance savings, I seem to have already maxed them out. Also if we opt for new tax regime, can CA help in saving additional money? Any help would be appreciated :)

My friend has 53L in cash from his freelancing and other businesses. How can he save taxes on it? We don't know any CA and the ones he met said pay tax in entirety. Any suggestions are welcome. PS: it's NOT a sarcastic post

So this is something that I have been researching for a while, apart from very well known instruments such as-(only mentioning the ones that should be done by everyone irrespective) * 1.5L annually through 80C * 50k standard deduction * HRA claim * Donation claims * Insurance/Medical claims How are you folks optimising your post tax income? Would really like to hear it from people getting >= 24 LPA fixed, since from this point onwards a major chunk (almost 20% goes in taxes) and it really hurts.

Those who are earning more than 50lpa base how much tax do you end up paying? 😶‍🌫️