▲ 2 r/IndiaTax
Urgent Help Required with Taxes
Hello all,
I worked in two companies in FY25-26. Here are my earnings:
Company 1: 12 Lakhs CTC (May 2024 to Dec 2025)
Company 2: 16 lakhs CTC (Jan 2026-Present). Total income till March is 5.7 lakhs including Joining bonus of 2 lakhs.
Now while I was filing taxes with TaxBuddy, I got a slap of 1.24 lakhs to be submitted as Tax to the IT portal since my total income is 17 lakhs plus.
Company 1 and 2 have deducted zero taxes.
I am worried about paying 1.24 lakhs as tax as I have barely any savings and I had no idea about the tax systems. Is there a way out or a rebate option available later? Please help out. Please I request.
My family is dependent on me (chronic diseases) and such a huge amount puts a dent in my emergency funds.
u/Sniffing_in_burrows — 23 hours ago