Tax on 50lpa+
Those who are earning more than 50lpa base how much tax do you end up paying? 😶🌫️
Talking product sense with Ridhi
9 min AI interview5 questions
Almost 40L in the last FY
What's your CTC? And take home
CTC: 1.22 Cr Take Home post-tax: 33L Stocks pre-tax: 72L
This is nothing to glorify. Indians do not get any return on taxes paid by high earning individuals. People who have opportunities, try to move to a contractual employment and claim 44 ADA.
Who is glorifying this though?
Try to make you taxable income <50. You will save on the surcharge.
You can reduce around 15-20 lakh in old policy.
10 lakh HRA to parents
1.5 lakh 80C
0.5 lakh NPS
0.5lakh standard deduction
0.5 lakh Mediclaim
2 lakh NPS Employer Contribution
5 lakhs in Political Party donation / 2.5 lakh in 5 lakh donation to NGO
If company has any benefits claim them, periodicals, gym, LTA
To everyone paying income tax I just want to say
-"thank you"
Paid ~30L last FY.
12.20, i am still crying...pls
OP, tell how much tax are you paying first, preferably with CTC breakup