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PDF Editor FAQ

What is the new scam by Airtel?

Recently they have started a new trick. You will not even come to know when you are charged and why? because they deduct amount like 0.10 , 0.25, 0.17, and you will ignore it.I noticed this when i was using my internet on wifi and suddenly on my phone it popped up like Data usage 0.00 Charges 0.15 . This was ok for me for once , but in 30 days they deducted more than 50rs from my balance.It was shocking for me as they were charging me for no reason, not even i was in roaming. I decided to send an email to them, where they credited my balance but blamed me for the charges for using internet, when my mobile data is turned off how can they even give me such a lame excuse.Sorry for grammatical error.

Is the foreign allowance that is given to IFS taxed? If yes, then how much foreign allowance does one actually get?

It is taxed but at the end of the Financial Year the whole deducted amount is reimbursed to the IFS Officer through the “Nil Voucher! (as the Voucher is called in Financial Terminology).

What percentage of your salary do you save every month?

Approx 65%My wife and I both aged 31 are MBA grads and working in reputed MNCs.I have a package of ~30 Lacs p.a. which post tax deductions, amounts to around 2 lacs per month and my wife earns around 22 lacs p.a. which post deductions, amounts to 1.4 lacs per month.We are a DINK(Double income no kids) couple for now.Monthly expensesRent: 40k for 3 bhkGroceries: 10kMaid : 7kUtility bills(Electricity, gas, petrol): 5kPetrol: 3kMiscellaneous expenses(Salon, shopping, gifts) : 20kTravel: We take 1 international and 1 domestic vacation every year which is around 4 Lacs p.a. or 35k per month.Therefore, our total expenses are around 1.2 L in a month and combined savings of 2.2 lacs(65% of our salaries.)SavingsWe invest the amount of 2.2 lacs per month in a mix of equity and debt portfolios.Till 2018, we were only investing in FD/savings account but since then have started investing in equities through mutual funds, stocks etc.Currently, we invest in:Equity Mutual Funds: 80kStocks: 50kFD/RD: 90kWe are aware that our portion in debt instruments is higher than what we would prefer and are working on it to bring it to 25% of the overall portfolio.

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