Many of you have know that only less than 5% population in india, pays taxes. But there is reason for it. According to this economic times report, only 1.8 crore people earn more than 5 lakhs annually (~2%). And if you earn less than 5 lakhs, you leg
See More
Havish Gupta
Figuring Outย โขย 1y
By the way, current no tax limit has increased to 7 lakhs.
Reliance Industries net profit in Q3FY25 has increased by 7% year on year to โน18,540 crore and revenue has increased by 6.7% YoY to โน2.43 lakh crore.
Was it a Budget of expectations?
The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime.
1. Standard Deduction Increase: T
We Have a Breakthrough - The U.S. National Debt Has Surpassed $35 Trillion.
๐ Since January 2020, the U.S. economy has grown by 31%, while the debt has increased by 50%. The borrowing rate exceeds the real economic growth, and the U.S. is clearly l
Cost Inflation Index
The Cost Inflation Index (CII) helps adjust the purchase price of an asset to account for inflation, making it easier to calculate capital gains tax fairly in India. The government updates the CII every year.
Example: If you b