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
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Hiral Jain
Content writer • 10m
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Sameer Patel
Work and keep learni... • 1y
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
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
If you're an employee, you've got an in-hand salary hike today! This is because of Nirmala Sitharaman's tax cut for the new regime.
April 2025 is the first month you see it in action. Your company would've cut lower TDS in accordance with the new sl
🤣Few people's watching nirmala Sitharaman ji memes while eating popcorn 🍿 now Nirmala ji imposed tax on popcorn so now tell me Who is wrong in that case ?
3 replies4 likes
Kimiko
Startups | AI | info... • 12d
India's Biggest Tax Contributors...
Personal income tax is still India's biggest tax contributiors, accounts for more than 30% of total tax collections
🤣 Don't provoke employees because mostly are already frustrated because of tax and now you guys want them to work 90 hour's.....
😰 Civil war is coming.... We need militry on ground asap
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Sairaj Kadam
Entrepreneur • 10m
After a long time.
Back to Reality: The Budget's Hidden Cost
"Hidden Costs of the New Tax Regime"
Everyone's talking about the lower tax slabs in the new income tax regime. But has anyone considered the long-term implications? By drastically redu