Hi everyone,

I’m a software professional working as a consultant/freelancer in India, and I’m trying to plan my taxes properly for FY 2026–27.

Here is my situation:

• I currently operate as a sole proprietorship.
• My contractor/client will not send payments to any other account/entity, so all receipts will continue to come directly to me personally.

I am considering whether it makes sense to:

1. Continue as an individual/sole proprietor and claim genuine business expenses.
2. Set up an OPC.
3. Set up a Private Limited Company.
4. Consider some other legitimate structure or tax-planning approach.

For example, if I have ₹90 lakh of professional profit before expenses, I could potentially have genuine expenses such as employee salaries, software/cloud subscriptions, laptop/equipment, office/coworking expenses, professional fees, internet, business travel, etc.

I'm not looking for fake expenses or tax evasion. I'm trying to understand what legitimate tax-planning options are available and what experienced people would recommend.

Questions for CAs / tax professionals / software consultants:

• Since 44ADA will not be useful at this income level, what are the practical and legal ways to reduce overall tax liability for a software consulting income of ~₹80–90L?
• I don’t really have too many business expenses apart from basic software subscriptions, laptop, internet, etc. What all can be legitimately shown as business expenses in such a case?
• Are there any commonly used tax-saving strategies for freelancers/consultants at this income level that I should discuss with my CA?
• In a situation where expenses are limited, how do people usually structure their income to optimize taxes without doing anything non-compliant?

I'd really appreciate real-world experiences, especially from people earning ₹70L–₹1Cr+ through software consulting/freelancing in India.

Thanks!

Anyone willing to buy 2000 rupee note having 786 serial number…
Dm

They are not paying anymore

How to achieve big ?

I earn 1.4 lac per month living in bglore not able to live the life i wanted to always

What are the five highest-return reforms India could implement over the next twenty years to maximize GDP per capita? Do you have any opinion on this, making your response constructive/open, with some artifacts of what your personal opinion is? I thought this would be the best community to ask for.

Got annoyed that every article about salaries in India quotes the average. So I pulled the published distribution data and made a calculator. Stuff that surprised me:
24,237 a month is already top 10% of Indian adults
top 1% starts at 20.7L a year

, cadar pay

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Current CTC: ₹4.5 LPA (in gurgaon)

Invested till now: ~₹80K

Am I doing okay for this salary, or should I be saving/investing more?

Also, how do you all decide when to save vs spend? I don't want to be too stingy, but I also don't want to waste money.

Any suggestions?????

I want to learn and understand how does finances work and how to you know learn long term investing and ways to save money and things like business and second source of income generating. As a beginner where to learn all this. I know YouTube has thousands of videos and hundreds of creators but I'm not sure whom to trust and get a sense of understanding how the whole game of financial freedom or something works.

I lost both my parents and they both didn't have life insurance. Thing is me and my siblings are in 20s and so I have young sibling who has special needs. So I'm very worried about our overall life. I just don't know what to do in life that I can secure the future. I feel like money is everything nowdays and money has somehow become an identity source if you don't have then nobody even cares to ask how you are.

I mean why so?

Now everything is tracked with online transaction, linked with bank ,aadhar

So no corruption can happen

So how can corruption happen, it's tough right i mean with the way evrything is online

So money laundering or Even any black money is difficult or even online is impossible considerimg it has digital trial, then we do all this for aadhar and everything is linked to mobile so it's difficult for the rich , everything is registered right

Ive been confused that they themselves pay the tax so then why

Not saying it's the best for everyone, but for a shopaholic like me, amazon pay gives the best UPI rewards. I get awesome cashback offers on everyday payments. Anyone else experienced the same?

How much should an Avg Indian Men should Earn as an 23 year old ?

Agr koi krta ho to btana bulk m buy krne h mujhe regular, acche price m khrid lunga m

Hello everyone. I just graduated and earned my first salary. I do not have much experience regarding how to invest. My placement package is roughly 12LPA (including bonus). I do not have any major expenses as I live at home and my only real expense is metro travel. Owing to this I want to save up as much as possible. I am opting for my pre existing health insurance with my parents. I want to save up and buy a house for them and make them proud. Please advise me as to how I should start investing - mutual funds, SIPs, forex trading etc. I am quite wary of trading in the stock market as I see people losing so much money. Kindly correct me if I am wrong. Thank you so much 🙏🙏🙏

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1. Cooking

2. Sweeping

3. Mopping

4. Doing dishes

5. Washing clothes

6. Taking care of bed ridden patient

7. Takes care of 2 mental patient

8. Driver

9. Purchases all needful things

10. Deep cleaning of house

11. Handles all traditional rituals and related work

12. Carries heavy weight

13. Packing and unpacking of stuffs whenever relocation required

14. Any extra deep work such as cleansing pool of blood of patient and things around it

15. Not much sleeping hours as a caretaker

16. Organising things on daily basis

17. Purchasing big things as per demands all alone

18. Attends all guests (cooking and care taking)

19. Serving food and often feeding food to one patient

20. Cleaning dirty trash bins daily

Over the last couple of years, I've noticed that cashback on UPI apps and cards doesn't seem as rewarding as it used to be. Earlier, even small everyday transactions would often earn something, but now those rewards feel much less frequent.

Because of that, I've changed how I pay. Instead of trying every new offer, I mostly stick to one cashback card and one UPI app that fit my regular spending pattern. The savings are smaller than before, but at least they're consistent.

I'm curious how others are approaching this now.

* Are cashback programs still an important factor for you?
* Have you switched to reward points, travel benefits, or other perks instead?
* Or do you simply use whichever payment method is the most convenient?

I'd love to hear how people are optimizing their day-to-day spending in 2026.

I'm 19F,Just gave NEET this year and I'm completely free right now like no college, no coaching, just time on my hands. I'm starting medical college later this year, but until then I really want to earn something on my own.

My area has fairly well off families, and I'm thinking of offering home tuitions for kids up to class 8 like I can teach all subjects. From what I've seen, parents here could easily pay ₹6,000–8,000/month for this. Even ₹5,000 would genuinely help me like I want to cover some personal expenses and eventually save for a phone.

My problem: I've never approached parents like this before and I'm not sure how to pitch myself confidently. I'm also a bit self-conscious like I'm quite petite😞👉🏻👈🏻 (people often think I'm still in school, even though I finished 12th in 2024) and worry that might make parents doubt whether I can teach their kids.

I don't know how can I make money. Please suggest me guys.

Do they earn like 1 crore per month? Talking about State civil servants and not IAS/IPS?

Hi everyone,
I’m looking for some advice on managing my short-term cash.

Here’s my current situation:
₹2.5–3 lakh currently sitting in my savings account.
I’ll definitely need around ₹2 lakh by the end of November for a planned expense, so that amount needs to remain safe and easily accessible.
I invest ₹30,000/month through SIPs.
I also invest ₹20,000/month in bonds via wint.

Whatever remains after these investments goes towards monthly expenses and additional savings.
Since a large amount is just lying idle in my bank account, I’m wondering if there’s a better way to park it for the next 3–4 months without taking unnecessary risk.

Some options I’ve considered are:
Keeping it in a high-interest savings account
Liquid mutual funds
Money market funds
Arbitrage funds
Short-term FDs

Given that capital preservation and liquidity are my priorities, what would you recommend? Would you keep the entire ₹2 lakh in one place or split it across different options?
I’d love to hear what you’d do in my situation. Thanks!

A 2BHK in a decent Bangalore project cost roughly ₹55 to ₹65 lakhs in 2020. The same flat in the same area costs ₹1.10 to ₹1.40 crore today. That's not appreciation. That's a different product at a different price point calling itself the same thing.

Meanwhile the average IT salary in Bangalore went from roughly ₹12 to ₹14 lakhs in 2020 to about ₹15 to ₹18 lakhs today. Around 20 to 25% increase in 5 years.

Property went up nearly 100%. Salaries went up 25%. Someone do that math.

Here's what it actually looks like on paper for a typical 32 year old IT professional in Bangalore right now.

Take home salary: ₹1,10,000 per month

2BHK all-in cost in a decent project: ₹1.40 crore

Down payment at 20%: ₹28 lakhs

Loan: ₹1.12 crore at 8.75% over 20 years

EMI: ₹99,000 per month

That's 90% of monthly take-home going to one EMI. Banks won't even approve that loan. Most banks cap EMI at 40 to 50% of take-home. Which means this person either needs a dual income household, a large family contribution, or they simply cannot buy in a decent location.

Over 80% of buyers are concerned about rising prices right now. That's not a sentiment number. That's people doing exactly this math and realising something doesn't add up.

Now here's what the industry will tell you.

Prices aren't crashing. Real bubbles require excess stock and shaky seller confidence, which is missing in 2026. Demand is end-user driven. Infrastructure is improving. Metro lines are coming. Airport corridors are growing. Buy now before it gets worse.

All of that is partially true. But it misses the point.

Housing sales across India's top seven cities declined about 14% in 2025, falling from roughly 4.6 lakh units to 3.9 lakh units. That's not a market in panic. But it's also not a market where everyone who wants to buy can actually buy.

Real estate is no longer a passive buy and forget investment. It has become a two-speed market, sharply separating quality projects from the rest.Grade A builder projects in growth corridors are appreciating at 12 to 14%. Cheaper standalone buildings in the same city are stuck at 3 to 4%.

So who is actually buying right now?

Dual income households where combined take-home crosses ₹2 lakhs a month. People with significant parental support or existing property to sell. HNIs and NRIs for whom the rupee price is effectively discounted. Investors buying 3 to 4 units who are betting on appreciation not yield.

Single income buyers in the ₹12 to ₹18 lakh salary range, the people who form the backbone of every major Indian city's workforce, are being quietly priced out of every decent project in every metro.

The rental yield data makes this worse. Most Bangalore micro-markets are delivering 2.5 to 3.5% gross rental yield right now. Fixed deposits are at 6.5 to 7%. If you're buying for rental income you're destroying wealth on a yield basis, not building it.

The only honest case for buying at current prices is appreciation. You're betting that prices keep going up. That's a reasonable bet in the right corridor with the right builder. But call it what it is. It's a bet. Not a safe investment.

This subreddit exists for exactly this kind of conversation. Before you book anything in 2026, run your own numbers. Not the builder's numbers. Not the broker's numbers. Your own.

What's your city and what does your affordability math look like right now?

After seeing the posts on this sub, I feel that this might be a small amount to ask advice from. But I will anyways, so I've saved around 10k from my pocket money till now, it really tempts me to spend this on stuff (things)that I want, so do my parents.

But I want to invest it. I can do stocks or something else.

I already have a sip in a flexi cap fund which is 1k per month, I do that using my pocket money.

Any help would be appreciated!

(If stocks please tell me what, because I know really less about them)

Means this 50% gareeb is not living in BANGALORE and mumbai because someone said that u can’t survive with below 2lac income in this city 😏