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.
Lots of ways :
Old regime , 80c 1.5 lac ,Hra depends on your salary structure, LTA (once in 4 years) and lastly 80 g allows you to claim parents insurance which you have purchased upto 50k+ 5k personal check up (without bills) total 2.05 lac + whatever in HRA
Hra , 80c , medical self and family nps
Ask your HR to reduce your salary
Hi, I wanted to take community's advice on tax saving suggestions to opt for and plan my investments. This is what I have:
CTC: 21L ( 19L Fixed , 2L variable pay in CTC )
80C is covered, Currently I have 50L home loans. & Staying in r...
Any tax planning recommendations / tips / third party suggestions for someone earning ~25lpa ?
Govt of India is best at killing Middle Class. What percentage of your total CTC did you pay in tax. Income Tax department id the new Sahukar.
I am working as software engineer at FAANG. I pay ~1.25L income tax per month. It pains me a lot. Since being general class male, I never got any benefit from but these govt is looting me. There are many small shopkeeper, landlords, farm...
Those who are earning more than 50lpa base how much tax do you end up paying? 😶🌫️
