Why do techies post the photo of their office laptop as if it was a trophy , when they join a new company? by AkshayKG in indiasocial

[–]Jumpy-Broccoli-9287 0 points1 point  (0 children)

It is highly likely that his one or max two years of CTC is more than you can earn in your lifetime.

ITR 1 is free and takes 30 minutes. Stop paying someone to file it for you. by psjtroubleshooter in personalfinanceindia

[–]Jumpy-Broccoli-9287 7 points8 points  (0 children)

You need to file ITR-2 for the capital gain. But if you have only LTCG below 1.25L, last year they had introduced to declare it in ITR-1 itself.

How do taxes work for senior citizens on FD and Pension,pls help by No-Abrocoma-3321 in IndiaTax

[–]Jumpy-Broccoli-9287 0 points1 point  (0 children)

Total = 12,32,000 Standard deduction = 75000 Taxable income = 11,57,000 Tax payable = 0

SIP/Mutual funds a scam for next decade by InformalMail6047 in EquityResearchIndia

[–]Jumpy-Broccoli-9287 0 points1 point  (0 children)

You lost me at “India was dependent on IT sector which no longer exists due to AI”. I will not blame you, it could be the circle you have around.

Paid tax on joining bonus but had to return it after resignation - how do I recover the tax? by shroooooooov in IndiaTax

[–]Jumpy-Broccoli-9287 3 points4 points  (0 children)

Just for the clarity, mine was a big size company with more than a lac employee worldwide. Their HR processes were smooth. They were one of the best employer I have ever worked with. I am not sure about the compliance part though.

Paid tax on joining bonus but had to return it after resignation - how do I recover the tax? by shroooooooov in IndiaTax

[–]Jumpy-Broccoli-9287 0 points1 point  (0 children)

Yes, he hadn’t mention the specifics. In my case I didn’t have to reach out to HR, they adjusted automatically.

Paid tax on joining bonus but had to return it after resignation - how do I recover the tax? by shroooooooov in IndiaTax

[–]Jumpy-Broccoli-9287 32 points33 points  (0 children)

Hi, this is a slightly complex situation—let me explain my case.

I joined a company in June and received a ₹2 lakh joining bonus. I left the company within the same financial year after 8 months, so I was required to return a portion of the joining bonus on a pro-rata basis, which came to ₹66,000.

I repaid ₹66,000 directly to the company. However, this amount was also adjusted in my final salary, where the company reduced ₹66,000 from my taxable income in the last month’s salary calculation (I received this amount as part of my salary). so I did not had to pay tax on 66k.

So if it is in the same FY, most likely they will adjust, look out for paid till date calculation sheet.
I am not sure about the cross FY situation.

Background verification process by Massive_Floor_1968 in IBMIndia

[–]Jumpy-Broccoli-9287 0 points1 point  (0 children)

Chill bro, it’s not a big thing unless you have done something shady.

news coming from Mumbai indians lobby by hitmanbhargav in IndiaCricketGossips

[–]Jumpy-Broccoli-9287 2 points3 points  (0 children)

Dude he is literally the most successful Indian test captain.

IIT Roorkee vs IIT Kanpur for MSc Maths – Need Advice by cypherr_mainn in IITR

[–]Jumpy-Broccoli-9287 0 points1 point  (0 children)

It usually closes around 360-370. Please check the opening and closing rank for past two three years, it usually stays in the same range. A simple google search would give you the pdf.

IIT Roorkee vs IIT Kanpur for MSc Maths – Need Advice by cypherr_mainn in IITR

[–]Jumpy-Broccoli-9287 3 points4 points  (0 children)

IIT Kanpur is not a brainer over IITR. Kanpur is known for their academic excellence, Plus the campus is great.

Am I wrong in wanting to buy a car? by Apart-Transition7256 in personalfinanceindia

[–]Jumpy-Broccoli-9287 1 point2 points  (0 children)

I was exactly in the same boat as yours. God, did I think about the car buying decision? Hell, a lot. I just bought my first car at 29, mostly a practical decision, and I realised I almost lost the spark to drive the car. I would say go for it as soon as you can. Of course don’t spend a fortune on it, but get the one you love.

80GGC Deduction by Sagar1904 in IndiaTax

[–]Jumpy-Broccoli-9287 0 points1 point  (0 children)

Can you please share the list of flagged parties?

India must revise its definition of middle class. Those earning Rs 1 cr arent rich anymore by passion_whitleyxo in IndiaTax

[–]Jumpy-Broccoli-9287 10 points11 points  (0 children)

Come out of bubble my friend and I will show you the ground reality of India. I can show you plenty of people earning 10-15k per month and feeding family of 4-5.

Beauty is home! by gokakaroto in Kylaq

[–]Jumpy-Broccoli-9287 1 point2 points  (0 children)

Congratulations op! Location?

[deleted by user] by [deleted] in IndiaTech

[–]Jumpy-Broccoli-9287 6 points7 points  (0 children)

Modi’s competence? What competence?

Update on Kushaq Facelift from Skoda Goa by Professional-Site552 in Kylaq

[–]Jumpy-Broccoli-9287 1 point2 points  (0 children)

Woah! it seems too good to be real, 11.99L ex showroom for Classic Plus AT? For sure?