jacquelineblessedangel
New member
Our annual bonus was just announced. I was happy to see that it was 14 L. My take home is 3 LPM. I was expecting a paycheck of 0.7 x (14+3) = 11.9 L
What I instead got was only 10L
When I checked, I was told that since my total annual payout was greater than 50L, they applied a surcharge on the entire taxable income!
No can do.
I was crestfallen. Talked to my CA. He said you have to pay it. No way out.
But Reddit always has a way. Please guide me, O wise ones!
What I instead got was only 10L
When I checked, I was told that since my total annual payout was greater than 50L, they applied a surcharge on the entire taxable income!
No can do.
I was crestfallen. Talked to my CA. He said you have to pay it. No way out.
But Reddit always has a way. Please guide me, O wise ones!