TwirlyPenguin
TwirlyPenguin

For High earners of India only

Hate seeing so much of money go into taxes to this so called goverment. How are ya'll budgeting to save on taxes

9mo ago
Find out if you are being paid fairly.Download Grapevine
SwirlyWalrus
SwirlyWalrus

My friends make donations to political parties via hawala or agencies and they take a 6-8% cut and return the money in cash thereby making the black money of political parties white and in return saving 22-28% in taxes because donations are fully exempted under 80GGC in the old regime.

SleepyKoala
SleepyKoala

How do I get in on this scheme

PerkyLlama
PerkyLlama
MPL9mo

Following

SillyMarshmallow
SillyMarshmallow

I save money by donating to the trust fund that my dad and I own.

TwirlyPenguin
TwirlyPenguin

how does that work

SillyMarshmallow
SillyMarshmallow

it will only work if making 3cr+ in total

SqueakyQuokka
SqueakyQuokka
Student8mo

Open a demat account as HUF (Hindu United Family) - applicable, of course, as the name suggests to only one religion. You get a lot of tax exemptions there.

GoofyPickle
GoofyPickle
TCS8mo

😳😳

CosmicLlama
CosmicLlama

People buy overpriced apartments for 2lakh deduction.

SnoozyPotato
SnoozyPotato

You can’t

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