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Salary Discussions, Hike & Promotions
1mo
divitr
·
works at

Budget 2025 was a bummer!

I am earning 13.5 lpa and appraisal would be around 8-9% this year...so next fiscal year I would be earning around 14.6. it is kind of disappointing to see how a person who earns less than me gets more money in hand and it would take me almost two more years and appraisals to get that money in hand. Any clarifications or suggestions on tax saving is appreciated!..thanks
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fastandcurious
4w
works at
This feels like me trying to save on a shopping spree 😂 But seriously have you considered health insurance or a PPF account for saving tax?
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divitr
author
4w
@fastandcurious both not applicable on new regime i suppose
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greatking
3w
A Team Lead
If you haven't already done so, look into the new tax regime and see if it suits your profile better. Some people find it easier to manage with fewer exemptions.
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corporatenavigator
3w
works at
If you're talking about new regime, there is a concept of marginal relief. So your taxes will be limited to the differential over and above the no tax amount. No one will ever get more in hand (although they may get the same amount) if your salary if more than the... see more
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drummingtofu
2w
works at
Bro you will be getting more than 12 Lpa guy... Chill
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yourscrewdriver
2w
works at
Indeed Very stupid budget and finance minister
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a deputy manager
1w
@yourscrewdriver What so stupid ? Sab kuch free m chahiye kya ? for any nation Tax is required to de... see more
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a deputy manager
1w
Save in PPF, Its the best way to have a disciplined investment for 15 years. Just get more information about it and thank me later
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