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Hawk
•

Medial • 1y

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

Anonymous 8

Hey I am on Medial • 1y

The Indian tax regime should be reformed to include a special tax on politicians. Middle-class citizens see little tangible change despite their hard-earned money being taxed. While tax revenue is intended for infrastructure and development projects, the impact is often minimal. Taxing politicians, who often have significant wealth, could lead to more noticeable improvements. This approach would ensure that funds are utilized more effectively for public benefit rather than being kept in offshore accounts. Implementing such a tax could drive substantial positive changes in the country's development.

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Government to introduce a new tax regime where people will be taxed based on the salary they tell their relatives #income_Tax

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Hawk
•

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Karunakar

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Revised Income Tax Slabs under the New Regime (FY 2025-26): Annual Income (₹) Tax Rate 0 – 1,200,000 = 0% 1,200,001 – 1,500,000 = 5% 1,500,001 – 2,000,000 =10% 2,000,001 – 2,500,000 =15% 2,500,001 – 3,000,000 =20% Above 3,000,000

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Aryan patil
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Recently came across an video by abhi and niyu and here's my thoughts as a son of farmer that why agriculture income shouldn't be taxed: The agritech industry would suffer if farmers were taxed, similar to the impact on companies like Adani Ashirwad

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kashish Jindal

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Whenever the government plans to develop an area, it allocates funds and assigns the work to local politicians. However, the problem often lies in corruption—local leaders may misuse the funds, deliver substandard work, or pocket the money entirely.

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Aditya Arora
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vishakha Jangir
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𝗣𝗮𝗿𝗮𝗰𝗵𝘂𝘁𝗲 𝗶𝘀 𝗹𝗮𝗯𝗲𝗹𝗹𝗲𝗱 𝗮𝘀 𝗲𝗱𝗶𝗯𝗹𝗲 𝗼𝗶𝗹 𝗻𝗼𝘁 𝗵𝗮𝗶𝗿 𝗼𝗶𝗹, 𝘄𝗵𝘆 ? Edible oils in India are taxed at 5%, while hair oils and personal care products attract 18% GST. Labeling as edible oil reduces the tax burden by 1