Back

Anonymous

Anonymous 3

Hey I am on Medial • 9m

If your company offers a 'cashless exercise' option, take it. You can minimize your tax hit by selling just enough shares to cover taxes.

Reply

More like this

Recommendations from Medial

Image Description
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 3m

I have got many DMs regarding ESOPs So Let me Clear up here. 1. Are ESOPs free for employees? ESOPs are granted for free, meaning the employee doesn't pay to receive the options. However, to own the shares, the employee must pay the exercise price

See More
3 Replies
3
15
1
Image Description

Ashutosh Mishra

Chartered Accountant • 1y

GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr

See More
2 Replies
2
6
Image Description
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 7m

How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha

See More
11 Replies
8
17
1
Image Description

Mitsu

extraordinary is jus... • 5d

The rich avoid taxes with a strategy called “Buy, Borrow, Die”, by using assets as collateral to borrow money, and write off interest as a tax deduction Step 1: Buy assets (hold to avoid taxes from selling) Step 2: Borrow money at low interest rate

See More
1 Reply
3
Image Description
Image Description

Aakash kashyap

Building JalSeva and... • 10m

The UK's Overseas Territories Lead the Charge in Global Tax Havens – British Influence Dominates the Corporate Tax Haven Landscape in 2024 🤯 (A tax haven is a country or jurisdiction that offers low or no taxes, minimal financial transparency, an

See More
8 Replies
9

Bharat Yadav

Betterment, Harmony ... • 7m

Key Financial Considerations for Medical Professionals 1 . Debt Management: Strategize student loan repayment, credit cards, and personal loans. 2. Retirement Planning: Maximize tax-advantaged accounts (401(k), IRA). 3. Investments: Diversify portfol

See More
Reply
1
4

CA Dipika Pathak

Partner at D P S A &... • 1y

Here’s a real- lesson from July 2024: Many salaried employees, while filing their ITR, realized too late that they had missed out on crucial tax planning and investment opportunities because the financial year had already closed. Don’t let this hap

See More
Reply
5
Image Description
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 3m

What is an ESOP (Employee Stock Ownership Plan)? ----- Explained. (Employee Perspective) Imagine your company gives you a chance to own a piece of the business. That’s what an ESOP is company shares reserved for employees like you. You don’t get

See More
9 Replies
52
48
2

CA Jasmeet Singh

In God We Trust, The... • 4m

Tax season got you sweating? 😅 Here’s your survival kit: ✅ Organize receipts monthly (use apps like Expensify!). ✅ Track deductible expenses (yes, that home office counts!). ✅ Hire a CA who speaks ‘tax’ fluently—😎 DM me for a FREE tax checklist to

See More
Reply
4

Download the medial app to read full posts, comements and news.