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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

When you work 70 hours a week to create a tax filing portal, and it detects your tax evasion ☠️ Suffering from success❤️‍🔥

Income Tax season is here for Individuals. In case, you have invested in last year, do see my account for next couple of days for Income tax series. Will post from 29 June 2024.

Income Tax Return Filing When tax liability rises due to the receipt of arrears or additional payments, it typically happens because these amounts are added to the individual’s total income for the current financial year. This increase in incom

What if we create a global authentication platform where a person can give his/her DL Adhar or pan card and they can create a fully authorized account on social media this will decrease grauds and it will be easy to find the people who have commi

Looking for a sound and logical CA or relevant qualified person.I need some guidance over income tax on foreign income and GST charges for a single person service provider.

Here’s a real- lesson from July 2024: Many salaried employees, while filing their ITR, realized too late that they had missed out on crucial tax planning and investment opportunities because the financial year had already closed. Don’t let this hap

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

What's a scam that's so normalized that we don't even realize it's a scam anymore? Me- Taxes. Once you tax the income, why is there a tax again in the name of GST? Whatever the shop / company earns they can give it as income tax. This approach n

Greetings everyone! Let's learn about our tax system! The Indian tax system is divided into two categories: Direct (income tax) and Indirect (GST)it's an unfair tax tbh. It's because everyone pays the same tax regardless of their income. For example