If your salary is 12.76 lakhs take loss of pay and evade tax
0 replies
More like this
Recommendations from Medial
mg
Stealth • 6d
Only In India
If your Earn Rs 30 lakhs from Salary
You pay Rs 8 lakh Tax
If you earn Rs 30 lakh from buisness
You pay Rs 1.5 lakh tax
1 replies6 likes
Avnish Singh
Stealth • 7m
Any CA here how much is tax to pay on 30 lpa salary
2 replies2 likes
Ankita
Stealth • 1m
Many startups offer equity in place of a competitive salary. But how many of those equity offers actually pay off?
Is it smarter to take a low salary with high equity or a high salary with no ownership?
4 replies6 likes
Sameer Patel
Stealth • 9m
Cost Inflation Index
The Cost Inflation Index (CII) helps adjust the purchase price of an asset to account for inflation, making it easier to calculate capital gains tax fairly in India. The government updates the CII every year.
Example: If you b
Crypto Tax on gains is 30% in india. Incase of emergency what will you choose? Take loan on crypto and repay loan later or just sell crypto and pay tax or any other options you have?
18 replies10 likes
Naman Kapoor
Stealth • 1m
There is no income tax upto Rs. 12 lakhs of income.
Great news.
Now I just have to figure out how to earn an income of Rs. 12 Lakhs!
6 replies3 likes
Sanjay Srivastav. Footwear Designer
Stealth • 1m
If your income is 12L, You pay 0 for the first 4L. From 4L - 8L i.e. next 4L, you pay 5% = 20,000. From 8L - 12 i.e. another 4L, you pay 10% = 40,000. Total Tax Payable= 60,000. Standard Deduction -75,000. So NO TAX FOR INCOME UP TO 12L. Get it?
HR: What is your current salary?
Candidate: ₹9,00,000
HR: What is your expected salary?
Candidate: 12,75,000
HR: Great. We have a budget of ₹13,00,000
Candidate: But, I don't have the budget to pay taxes. I am happy at 12,75,000.
This conversat
Hi, Please do not accept the offer from new or revised salary unless you validate with HR Calcy in hand salary calculator. This will even indicate that what will be your take home salary after income tax deduction, help you for a better decision.
3 replies4 likes
Riya Ahuja
Stealth • 1m
How much salary should a full-time founder, previously earning ₹20 lakhs annually, take from their startup after raising ₹1 crore in angel investment?
Or should they forgo a salary entirely to maximize the runway?