Hey folks People who are earning 45-50 lacs salary ( in cash ) how much tax are you paying? Which regime did you choose? What are you doing to save taxes ?
I really want to save on taxes so looking out for some suggestions from amazing people of this community. 😀
Paid 12.5 L at 40L
I'm a salaried person with about 50 L base pay + some interest income + capital gains from equity. I'm currently paying around 10- 11 L in income tax.
I'm following the old regime Claiming below major deductions Hra 80c Nps Political ...
Isn't tax also political party donation😅
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 ...
+1 for everything above except staying at own home.
If you are salaried and earning 1Cr+, how are you saving on taxes? My net tax burden comes up around 40 lakh every year (and it hurts)
Looking to understand if and how you are able to save on taxes
Easier way is to work and make it 2Cr+ and not care about taxes. Focus on the cash coming in hand and ignore deductio...
