Back

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

See More
Anonymous

Anonymous 2

Hey I am on Medial • 8m

3lpa people have to pay tax too?!

2 replies3 likes
Replies (2)

More like this

Recommendations from Medial

Image Description
Image Description

Hiral Jain

Content writer • 10m

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

See More
16 replies11 likes
7
Image Description
Image Description

Mahendra Lochhab

Content creator • 1m

New Tax slab: 0-4L-0% 4-8L-5% 8-12L-10% 12-16L-15% 16-20L-20% 20-24L-25% 24L+30% People with income up to 12L will pay 0% income tax.

2 replies4 likes
Image Description
Image Description

Avnish Singh

Ready to accomplish • 8m

Any CA here how much is tax to pay on 30 lpa salary

2 replies2 likes
Anonymous

One Tax Policy: A New Era of Taxation in India? What if income tax was the only tax you had to pay? A system where individuals pay a fixed percentage of their income as tax, and in return, they are exempt from all indirect taxes like GST and service

See More
0 replies1 like
Image Description

mg

News & updates • 1m

Only In India If your Earn Rs 30 lakhs from Salary You pay Rs 8 lakh Tax If you earn Rs 30 lakh from buisness You pay Rs 1.5 lakh tax

1 replies7 likes
Image Description
Image Description

Sanjay Srivastav. Footwear Designer

Hey I am on Medial • 1m

If your income is 12L, You pay 0 for the first 4L. From 4L - 8L i.e. next 4L, you pay 5% = 20,000. From 8L - 12 i.e. another 4L, you pay 10% = 40,000. Total Tax Payable= 60,000. Standard Deduction -75,000. So NO TAX FOR INCOME UP TO 12L. Get it?

6 replies11 likes
2
Anonymous
Image Description
Image Description

Crypto Tax on gains is 30% in india. Incase of emergency what will you choose? Take loan on crypto and repay loan later or just sell crypto and pay tax or any other options you have?

18 replies10 likes
Image Description
Image Description

Shashank

Be a Unicorn • 1y

Suggest some ways to get a reach online teaching. And Suggest which kind of course that people have intrest to pay us.

3 replies5 likes

K

Ph • 10m

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

See More
0 replies5 likes
Image Description

CA Kakul Gupta

Chartered Accountant... • 6d

Summary of action points Before March 31, 2025 ✔ Review tax-saving investments. ✔ Pay pending taxes/advance tax. ✔ Submit investment proofs to employer (if salaried). ✔ Plan capital gains/losses for tax efficiency. ✔ Update financial records for the

See More
1 replies12 likes
2

Download the medial app to read full posts, comements and news.