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
Next time they will make 1LPA people to pay tax and cut corporate tax to 1 percentageš¤”
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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
HOW GOVERNMENT OF INDIA EARNS ITS 100 RUPEES
Based on Earnings from different departments
ā¹27 - Borrowings & other liabilities
ā¹19 - Income Tax
ā¹18 - GST & Other Taxes
ā¹17 - Corporate Tax
ā¹9 - Non-Tax Receipts
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ā¹4 - Cus
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Avnish Singh
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Any CA here how much is tax to pay on 30 lpa salary
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Sachin Patil
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3 things that haven't changed in last 10 years and will not change in next 10
3- Corporate employees trolling their HR.
2- Finance minister cruelty towards middle class people.
1- Rahul Gandhi
#corporate #india #hr #rahulgandhi
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Sameer Patel
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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 ā¹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
**Tax Revenue Hits Record Highs** š
The governmentās net direct tax collection, post-refunds, surged 15.4% to ā¹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ā¹15.02 lakh crore. š°
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K
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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 individualās total income for the current financial year. This increase in incom
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Double the happiness, double the celebration! š
Itās The Clueless Companyās 3rd birthday and the launch of The Agency Auditor!
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The UK's Overseas Territories Lead the Charge in Global Tax Havens ā British Influence Dominates the Corporate Tax Haven Landscape in 2024
š¤Æ
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Niles Chaudhary
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I will make app but I need person who know about coding & make app in react native.
1. I don't pay
2.give 50-50 % for earning in app