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 taxes? is there an app which does it for you?
App? Yes it’s called “Mail”! Get in touch with a CA instead of posting here ._.
Get a CA rather than asking random advice here. Invest with setting up a goal.
Spoke with my CA, you can't. 30% tax is inevitable. New regime is the way to go because 80C won't save you much compared to it
What do you do and what is your yoe. And how do I become this.
Family business se direct 40LPA job ...what do you do?
Chatgpt
Man great start.. Can’t save much. Better to be in family bizz 😂
You can invest in these products - PPF, EPF, NPS, Food and Telephone coupons(if company gives).
Not a financial advise, DYOR or consult a CA.
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.
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.
Got an offer, I calculated the tax and it will be around 3L ( currently it was around 1.5L) it's crazy, I don't want to pay 25k each month as tax. My Gross will be around: 22L I'm 24, I don't have any health insurance other than the comp...
I'm a salaried person with about 50 L base pay + some interest income + capital gains from equity. I'm currently paying around 10- 11 L in income tax.
I'm following the old regime Claiming below major deductions Hra 80c Nps Political ...
Isn't tax also political party donation😅
For salaried employees, nothing can be done. If you are in30% tax bracket, you will pay 4 months of your salary as ta...