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Mayank Pawar

I am Focussing on Co... • 4m

No taxes till 12 Lakhs! Amazing Decision 😄

1 Reply
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Naman Kapoor

🎒 • 4m

There is no income tax upto Rs. 12 lakhs of income. Great news. Now I just have to figure out how to earn an income of Rs. 12 Lakhs!

6 Replies
3

CA Kakul Gupta

Chartered Accountant... • 5m

The Central Board of Direct Taxes (CBDT) has specified that no tax deduction at source (TDS) under Section 194Q of the Income Tax Act, 1961, will be required for purchases made from units of International Financial Services Centres (IFSC), provided b

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2

PRATHAM

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Medial • 12m

Petrol Should Be under GST or VAT and Excise ⁉️ Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex

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Ishant Saini

Digital Marketing Ex... • 6m

In India, taxes like income tax are really high, but the public services don't seem to match. My suggestion: If someone pays ₹5 crore in tax, the govt should tell them, 'Instead of paying us, invest that money in your local area—build roads, schools,

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9 Replies
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Tarun Suthar

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The Institute of Chartered Accountants of India • 4m

You still have to pay taxes if your income is below 12Lakhs.💀 Let’s talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If you’re already aware, great! But if not, this is essential to know—otherwise, you

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Sanjay Srivastav. Footwear Designer

Hey I am on Medial • 4m

If your income is 12L, You pay 0 for the first 4L. From 4L - 8L i.e. next 4L, you pay 5% = 20,000. From 8L - 12 i.e. another 4L, you pay 10% = 40,000. Total Tax Payable= 60,000. Standard Deduction -75,000. So NO TAX FOR INCOME UP TO 12L. Get it?

6 Replies
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Ganesh Matole

Learner & Tech enthu... • 1y

Does india really need wealth management firms? The no of ultra high income Indians is quite low as compared to countries like USA so what do you people think is the JV really needed? What's your opinions!

4 Replies
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Suman Meghwal

Wealthseeker • 4m

(millionaire fastlane) Jobs constrain learning, offer modest income growth, and exchange time for money, all of which reduce wealth. Workers are subject to office politics, pay high taxes, and have no influence over their income. Since there are so f

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