Will switching to a consultant role at ₹1 crore salary save you tax? Depends on your expenses

Will switching to a consultant role at ₹1 crore salary save you tax? Depends on your expenses

The employee can save some tax by opting for the old regime if he can make tax-saving investments and has expenses of at least ₹4.84 lakh. Now, only ₹1.5 lakh worth of investments are allowed as tax deductions, while ₹3.35 lakh or more has to come from expenses like home loans, house rent allowance and … Read more

How to personally audit your financial life to ensure you are on track

How to personally audit your financial life to ensure you are on track

In this article, while we will try to establish a structure to personal financial audits, we should also acknowledge that since we are emotionally attached to our finances (and we also have our own biases), it would be necessary at times and for some people to have some external intervention, like getting professional investment advisers … Read more