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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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Anonymous

Anonymous 6

Hey I am on Medial • 10m

What is standard deduction increase??

0 replies1 like

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Sanjay Srivastav. Footwear Designer

Hey I am on Medial • 4m

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?

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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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CA Dipika Pathak

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Home loan deduction or HRA......Why not both??

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CA Dipika Pathak

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Donation deduction part 3- All about fake donation

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Utkarsh

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How to Legally Save Tax in India🇮🇳 (FY 2025-26) Yar Mai bhi Mai koi expert nahi hu Mai ak currently 12th passed student hu to jo pata tha oh bata raha hu, baki apna brain use kar lena aur term aur condition government ke padh lena. 👇👇👇👇👇👇👇

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CA Dipika Pathak

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AVOID this mistake WHILE taking deduction of interest (saving +fixed deposit)in your ITR🔴🔴🔴🔴🔴 Since ITR Season is around, highlighting common confusion ➡️For Individual & HUF - We can take a max deduction of 10,000 on interest from a savings a

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Anirudh Gupta

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If I purchased an EV before 31st March 2023 I would have availed a deduction of ₹150000 under section 80 EEB. If you purchased an EV did you avail the deduction??

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