Adulting Basics 101 (Finance):
Income
โข Active โ $ in from active work (salary/wages)
โข Passive โ $ in with little effort (dividend/rent)
โข Portfolio โ $ in from investments (stocks/bonds)
โข Business โ $ in from owning a business (profits)
โข Freela
Can somebody pls explain me difference between universal basic income & universal high income?
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Sameer Patel
Work and keep learni...ย โขย 12m
Financial knowledge
Indian Tax slabs
Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown:
1. Nil Tax: Annual income up to โน2.5 lakh for individuals below 60 years.
2. 5% Tax: I