GoofyBoba
GoofyBoba

Taxes 101? 40+ LPA

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?

26mo ago
Talking product sense with Ridhi
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GoofyDonut
GoofyDonut

App? Yes it’s called “Mail”! Get in touch with a CA instead of posting here ._.

ZestyDonut
ZestyDonut

Get a CA rather than asking random advice here. Invest with setting up a goal.

SwirlyPancake
SwirlyPancake
Jio26mo

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.

GroovyTaco
GroovyTaco

Family business se direct 40LPA job ...what do you do?

GroovyMarshmallow
GroovyMarshmallow

Chatgpt

FluffyNugget
FluffyNugget
Plivo26mo

Man great start.. Can’t save much. Better to be in family bizz 😂

MagicalWalrus
MagicalWalrus

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.

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