GigglyMochi
GigglyMochi
Student

Moonlightning: has anyone been involved in Multiple jobs

I have two offers and I am planning to do both of them: 8LPA and 9LPA. In what case company could know this. And what are tax implications? Should I choose new or old regime. This is cash components.

12mo ago
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MagicalBurrito
MagicalBurrito

I have been doing it for quite some time. There isn't any issue. The only way you can get caught is if you have opted for PF in both the companies.

Don't opt for PF in one company. Companies can check your entry and exit date through PF. All of us have option to opt in or opt out of PF.

CEOs can work for multiple companies but we can't, why?

Most companies won't even take any action if they know you are working with multiple companies cause even they have trained and invested in you but the condition is never fail to ship/deliver.

And never working with companies in same industry or domain or competitors. It's a conflict of interest.

PrancingNugget
PrancingNugget

True Ambani spotted

GigglyUnicorn
GigglyUnicorn
PayTM12mo

Ask one of the company to join as consultant Instead . 8Lpa one here since the other pays you more. As a consultant your money would be send directly to the bank account with 10% TDS.
I figure if someone looks at your ITR they will be able to figure it out. But a relative of mine has managed to do this since 3 years. Rolling in dough by doing two shifts a day

SqueakyBurrito
SqueakyBurrito

Noob, Epfo service history.

QuirkyNugget
QuirkyNugget
Student12mo

No, can be found out by EPFO Portal by employers

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