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 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?
What valuation do you think a startup should get in pre seed round? And what is the standard rate?
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Hawk
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Medial • 10m
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
Donation deduction part 3- All about fake donation
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Utkarsh
Every Trand Makes Ne... • 10d
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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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
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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Abdullah Nedariya
Business builder • 3m
You know what is NFC Card and who to increase sale by NFC card.