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 ₹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
A Labourer Found A Real Diamond Worth
Rs 1 Crore Becomes its Official Owner. Rs 42 lakh Tax Will Be Deducted From Rs 1 crore.
I hope he manage finance properly.
🥺BUT 42 LAKH DEDUCTED AS TAX 😭