My understanding of tax is as good as that of a middle schooler. The question is obvious, for someone who can't levy HRA, LTA or anything else, how do I pay less taxes?
All I can levy, I think is tax free investments up to 1.5lac.
Would love to know which company gives this salary with remote work? Also tech stack and yoe.
Remote work with Company from India, or outside India?
If from outside India - 44ADA will be applicable, and you will have to pay tax on 50% of the income
If from India - Try, and see if you can get onboarded as a contractor
I wasn't doing proper ITR, I was in the family biz for the last 6 years, recently joined a startup and they don't have any proper salary composition. My current salary is 35L in hand (2.9L per month). Apart from HRA how do I save in taxe...
I am a software engineer in Bangalore having base CTC 13.8 lpa. Which brings me to a tax of more than a lakh rupees, what are the possible ways to reduce this taxed amount.
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)
Any tax planning recommendations / tips / third party suggestions for someone earning ~25lpa ?