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Sairaj Kadam

Stealth • 3m

After a long time. Back to Reality: The Budget's Hidden Cost "Hidden Costs of the New Tax Regime" Everyone's talking about the lower tax slabs in the new income tax regime. But has anyone considered the long-term implications? By drastically reducing deductions and exemptions, the government is subtly shifting the tax burden to individuals. This means less disposable income over time and a potential hit to savings and investments. It's a trade-off that needs more discussion. Many felt that the budget did not adequately address the rising cost of living and the increasing tax burden on the middle class. While there were some measures announced, critics argued that they were insufficient to provide significant relief. Such as 👇 × Insufficient focus on job creation: Many felt the budget did not adequately address the unemployment crisis. × Concerns over fiscal deficit: Some experts expressed worries about the government's ability to meet its fiscal deficit targets.

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Income Tax Old Regime vs New Regime All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.

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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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During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker regarding the heavy taxation regime in India. A video of Sitharaman facing criticism from a stock market broker has gone viral.

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Hey Medial fam! Budget day is almost here! Are you guys pumped for the announcements on July 23rd? Finance Minister Sitharaman is rumored to be unveiling some game-changing measures. What are you hoping to see addressed in the Union Budget?

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RootDotAi

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