Can somebody pls explain me difference between universal basic income & universal high income?
2 replies3 likes
Sameer Patel
Work and keep learni...ย โขย 11m
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
Income - Expenses = Savings โ
Income - Savings = Expenses โ
A small shift but makes a huge difference.
4 replies2 likes
Rocktim Ranjan
CEO at @muhuraย โขย 1y
We often talk about India becoming a superpower, but we can't ignore the high wealth inequality here.
Have you ever felt that India is actually a poor country in some situations?
7 replies16 likes
Naman Kapoor
๐ย โขย 3m
There is no income tax upto Rs. 12 lakhs of income.
Great news.
Now I just have to figure out how to earn an income of Rs. 12 Lakhs!