ZestyBanana
ZestyBanana

Surprise to see that new tax regime is better even with home loan deduction.

3mo ago
2.9Kviews
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WobblyCupcake
WobblyCupcake

How come?

ZestyBanana
ZestyBanana

I was claiming 4.5 lakhs tax deduction - 1.5 lakhs 80C, 2 lakhs Home loan interest, 50k NPS, 50k 80D. Now tax calculator is showing new tax is better based on the recent changes announced by finance minister.

JumpyPancake
JumpyPancake

If home loan is more or HRA is more Then old will be better

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Personal Finance
by JazzyBiscuitStealth

How do you invest your salary?

It's been close to a year since I am earning a salary and this is what I do:

  1. Invest a little less than 30% straight into MFs. I have three ongoing SIPs- small cap, flexicap and a Large + Midcap fund. (Planning to increase the amount ...
Comments
user

Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...

user

I do the same. Invest 50% in MF(Flexi cap and Index funds) and remaining in 80C instruments here and there. Tip - M...

user

My girl sucks the most of it, rest in investments