FloatingBagel
FloatingBagel

Salaried folks - how much income tax did you pay this year?

My total earnings - 77L Total tax paid - 23L 😞

10mo ago
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FloatingBagel
FloatingBagel

Still can’t afford to-

  1. Buy a 2BHK in a decent locality in Mumbai
  2. Buy an entry level luxury SUV
  3. Buy design apparel
  4. Take 2 international trips in a year
SquishyDonut
SquishyDonut

With couple of years of saving you would be able to afford 2BHK in decent locality in Mumbai near Andheri or Bandra bit still it depends on your spending and investment

FloatingBagel
FloatingBagel

2bhk in andheri west costs around 2.5-3.5cr 2bhk in bandra west costs around 4-8cr

Assuming 60% savings rate, savings in 2 yrs is around 60-65 lakhs.

BouncyCupcake
BouncyCupcake

62L, paid 18L :(

DerpyHamster
DerpyHamster

Your YOE

BouncyCupcake
BouncyCupcake

4

QuirkyPretzel
QuirkyPretzel

28 L this year πŸ₯²πŸ₯²πŸ₯²πŸ₯²

QuirkyPretzel
QuirkyPretzel

28 is the tax paid!

DerpyHamster
DerpyHamster

Your YOE

WobblyCupcake
WobblyCupcake

Your yoe? Me- 52lpa, paid 10L+ tax

DerpyHamster
DerpyHamster

Your YOE

WobblyCupcake
WobblyCupcake

9.2

MagicalBagel
MagicalBagel

Damn.. govt shows no mercy.

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