5k eur/m [translated to hkd] + 2.5k for housing and food [which is not enough in HK for a decent apartment]. Before anyone asks, I have a PhD in the sciences. However I would say my salary is rather low, as I have former-classmates in Europe and the USA that pull in 13-25k...
I initially gave them salary expectation of £80-85k and have 2 competing offers around £80k range. I’ve tried to negotiate and tried to ask for higher but they won’t budge or match my other offers. They’re saying the pay is in line with the p...
Some banks and lenders require both numbers to fall under a certain percentage, though the back-end DTI ratio is more important since it considers all your monthly debts, and is thus more representative of the risk you present to the lender. You may see a debt-to-income requirement of say...
Basic Salary: As the name suggests, this forms the very basis of salary. This is the core of salary, and many other components, ex HRA, are calculated based on this amount. It usually depends on one’s grade within the company’s salary structure. It is afixedpart of one’s compensati...
Will I need to pay tax according to new govt policies? What is the maximum deposit he will be allowed by the IRS in year seven? What is e-TDR/e-STDR (Multi Option Deposit) in State Bank of India? Which nationalized banks, except SBI, give the highest salary to a bank PO? ...
I have said several times, yes, you pay my salary with the money I've earned and paid in on taxes. And I've said, "Why shouldn't I get paid to take care of you? Did you ever work for free?" I notice that many baby boomers think gen X-ers shouldn't get paid to work and ...
1) Employer payment for grad school tuition is taxable income, so you are on the hook for your tax bracket percentage. 2) Employers only pay AFTER you pass the class, and the university wants the pay up front. 3) If you don’t pass the class with a B, because a C is fail in gr...
A Form W-9 is a tax document issued to independent contractors and freelancers. Used to produce a 1099, W-9s are only required if...
When the lotto is at $1M, my coworkers would sometimes ask: “what you YOU do with it?”, and the answer is simple: Keep the ~500K (after tax value), and live on the ~$1700/month that it generated. And probably still go to work. When it is at $5M ($2.5M after tax), ...
The only return that counts is your after-tax, after-fees, after-inflation return. That's a lot of enemies for an investor. If you earn a 10% return and pay 2% in taxes, 1% in fees, and 3% in inflation, that 10% return is really just a 4% return. If you invest $50K a year...