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.
Your Curly Haird mal... • 1y
Deadpool’s Tax Tips—Let’s Make It Simple! 💸 Salary below ₹12.75L? Go with the new tax regime—less pain, less paperwork. Easy peasy. 🥳 💰 Salary above ₹12L? If your exemptions (HRA, 80C, 80D, home loan, etc.) are more than ₹5L, old tax regime coul
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Hey I am on Medial • 1y
In an attempt to encourage more investments in the Indian startup ecosystem, Union Finance Minister Nirmala Sitharaman announced that the angel tax will be abolished for all classes of investors. The angel tax, introduced in 2012 to prevent money la
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In God We Trust, The... • 10m
🚨 Breaking Tax News: The TCS Chronicles – April 2025 Edition 🚨 Brace yourselves, tax enthusiasts! The Finance Ministry has rolled out a new TCS (Tax Collection at Source) rule that's turning heads and emptying wallets. Effective April 22, 2025, ce
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Hey I am on Medial • 1y
“I have been earning around 10 LPA (lakhs per annum), but a significant portion of my income is being deducted as taxes. I’m unsure about what steps to take. Could you please provide some tips on how I can minimize my tax liability and save more mone
See MoreFounder - Burn Inves... • 1y
Whenever we discuss the market, our focus tends to be on equity trading, often neglecting commodities. Despite all of us traders being involved in commodity trading, it seems to rarely make it into our conversations. This could be due to the lack of
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