- The actual fifth pillar of the Indian democracy is the little guy who pays taxes
I was just make it a logo like other professions like doctors lawyers, charted accountants, etc
246 points35 comments3 d ago
- How can I deposit ₹11 lakh cash into my bank account after my father's death?
My father recently passed away and left approximately ₹11 lakh in cash, which he had saved over his lifetime through his shop and business. He used to file ITR regularly, although I am not fully...
155 points65 comments5 d ago
- Here is an idea: 100% GST on Firecrackers
Firecrackers currently are taxed at 18% GST, same as cement, steel, Batteries and Baby formula & Air Purifiers! Nirmala tai and make at least 5000-6000 Cr a year by 100% tax on firecrackers!
123 points51 comments10 h ago
- Why so much 😭 tax for ESPP?
I have opted ESPP and got to know that, upto 31.2% tax imposed on 15% discount. STCG, LTCG applies on top of that. I have already paid income tax, for rest of income I want to invest in somewhere...
77 points58 comments3 d ago
- No LTCG tax only for foreign investors?
!img Indian Retail investors are a joke.
59 points13 comments7 d ago
- Moving to Dubai. Points to consider.... (USD 150k salary + 100k esop)
Hi, 33M Director in an advanced manufacturing company based out of bangalore. Recently acquired by an US based PE firm, last month UAE subsidiary opened in Dubai to expand business into...
47 points42 comments3 d ago
- First time hiring a CA for ITR filing. Is it normal to share PAN, Aadhaar, bank statements and Income Tax portal login details?
I'm hiring a CA for ITR filing for the first time and wanted some advice about the process. I contacted a CA firm and paid ₹3,000 for an initial consultation over WhatsApp. The consultation was...
45 points46 comments6 d ago
- Tax exemption on Microsoft VEO severance package under Section 10(10C) or under Section 89(1)?
Hi everyone, I’m currently working at Microsoft India, and with the recently announced Voluntary Exit Option (VEO), I may be receiving a severance/exit package as part of the separation. I’m...
35 points18 comments6 d ago
- Summon from IT dept under Section 246(2)
I recently received a summon from IT dept in which I was asked to be present on a certain date and time along with my id proof. I live in Gurgaon. Has anyone received such a notice and if so what...
29 points35 comments1 d ago
- Flipkart GST Scam? Tax Reduced from 18% to 5%, but Price Remains Same!
Flipkart reduced GST from 18% to 5% but increased the base amount from ₹979.66 to ₹1,100.95. Earlier: ₹979.66 + 18% GST = ₹1,156 Now: ₹1,100.95 + 5% GST = ₹1,156 That's ₹127.36 in potential...
28 points1 comment1 d ago