infrastructure Is 0 no policy for tax payer , high tax on every dam thing
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AC is Necessity in Dubai But Luxury in India
Both Cities Have Similar Heatwaves in May & June
Dubai Takes 5% VAT on AC and 0 Income Tax
India Charges 28% GST on AC For No Reason
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?
Considering good returns and the 0% tax on agricultural earnings. What percentage of your portfolio would you be interested to invest in managed agricultural investments ?