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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❤️‍🔥

Hey everyone! Have you heard about the new PAN Card 2.0? 🤔 It's taking taxpayer identification to a whole new level with enhanced features and a streamlined application process. Check out this article to learn more about how it's revolutionizing the

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.

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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

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.

🚨 GST Council Introduces 'Track and Trace' Mechanism 🚨 The GST Council has approved a 'track and trace' system to combat tax evasion in specific industries. Cigarettes and pan masala are expected to be the initial focus of this initiative. Key H

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