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HIGH SALARY MONEY TRAP
Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
Candidate earning Rs 5 lakh was offered Rs 7.5 LPA, as per 'market standard '. He rejected the offer, landed a Rs 14 LPA job. Delhi co-founder has a message for recruitersA job seeker rejected a Rs 7.5 lakh offer, which was presented as a 50% hike, arguing it undervalued his four years of experience and was l...
A Rs 3.5 crore SIP corpus may still leave you middle class, warns Bengaluru CA. She explains how to wisely invest money to increase wealthA Bengaluru CA highlights a common investment pitfall: focusing solely on a large corpus without accounting for inflation's impact on futur...
At least 15 people killed as fire engulfs commercial building housing coaching centre in Lucknow's AliganjA devastating fire claimed at least 14 lives in a Lucknow building housing a coaching center and pet clinic. Deputy Chief Minister Brajesh ...
21-year-old’s first Rs 1 lakh salary dilemma in Bangalore: Parents want support, she wants financial freedomA young software engineer in Bangalore faces a dilemma as she begins her lucrative full-time career. While earning ₹1-1.15 lakh monthly, sh...
Bengaluru techie who started with just Rs 5,000 salary now has Rs 70 lakh net worth, but still carries one regret he cannot forgetA Bengaluru tech professional's journey from a Rs 5,000 monthly salary to a Rs 45 lakh annual package and Rs 70 lakh net worth is inspiring...
Amish proverb of the day: ‘It’s not what you make but what you save that gets you out of debt’ - How you can build financial freedom even with a low incomeAmish life lesson: Amish proverb of the day offers a profound financial lesson for low-income earners. This wisdom emphasizes self-discipli...
Your father earned far less but built more wealth. Bengaluru CA explains how they turned their money into assetsMany high earners today struggle to build wealth, despite significantly higher incomes than previous generations. Chartered accountant Meen...
Techie realises earning well does not mean living well. So he gives up job with monthly take home salary of Rs 1.2 lakh for Rs 40,000 monthly jobA techie named Shubh Jain has sparked discussion online after sharing why he left a job paying around ₹1.2 lakh per month in Mumbai and lat...
Cook earning Rs 15,500 left after 4 years despite gifts and salary hikes. Man says her exit taught him a harsh lessonA man's four-year relationship with his cook ended abruptly when she left for a higher-paying job, despite his consistent salary increases,...
Your Rs 30 lakh salary may mean nothing if you ignore this one number, says CA Nitin KaushikA high salary doesn't guarantee wealth; your savings rate is the true indicator of financial success. CA Nitin Kaushik emphasizes that if e...
Candidate wanted Rs 32,000, but accepted Rs 20,000 salary out of desperation and urgency. A month later, he discovered how much his colleagues earnA candidate accepted a low salary due to urgent need but later discovered colleagues earned significantly more for the same work. This reve...
Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
Laid off one day, salary doubled the next: This employee’s ₹70K to ₹1.58 lakh jump feels ‘unreal’—internet reactsAfter 4.5 years at INR 70k, an employee was unexpectedly laid off. The same day, they received a WFH job offer paying INR 1.58 lakhs monthl...
Bengaluru techie's first salary was Rs 32,000. His father asked for Rs 5,000 and taught him a financial lesson he'll never forgetA Bengaluru techie's first salary of Rs 32,000 was intended for personal purchases like shoes and a phone. However, his father's request fo...
Bengaluru engineer earning Rs 80 LPA vs Germany engineer earning Rs 1 crore: Who is actually richer? Internet is dividedA debate is ongoing about what truly defines wealth. Earning a high salary abroad does not automatically mean a richer lifestyle. Income bu...
Techie called ‘money-minded’ by CEO for asking salary hike after cutting down AI costs by 95%. 'You broke the manager's heart'A Reddit post by an AI engineering intern has gone viral after he claimed he was fired from a small startup shortly after requesting a sala...
₹28 LPA in Bengaluru beats $60,000 in the US? Here's why Indian professional is considering moving back homeA young Indian professional, after a year-long job hunt in the US, faces a dilemma: a ₹28 LPA offer in Bengaluru or continuing his career i...
Rs 1.2 lakh salary, yet nothing left by month-end. Bengaluru CA uncovers where all the money was goingMany professionals earn well but struggle with month-end finances. A Bengaluru CA shared a friend Rohan's story. Despite a Rs 1.2 lakh mont...
CA believes your monthly salary is one of the least important money numbers. Here's whyEarning a large salary does not automatically mean wealth. Chartered Accountant Nitin Kaushik explains that focusing on income alone is mis...