Financial knowledge
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 ₹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
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Manish M Tulasi
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Mitra Robot • 29d
Mutual Funds: A Closer Look at the Real Returns
Many people say that mutual funds are a great investment, but have we truly calculated the real returns, considering all factors like inflation and taxes?
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Mahendra Lochhab
Content creator • 2m
New Tax slab:
0-4L-0%
4-8L-5%
8-12L-10%
12-16L-15%
16-20L-20%
20-24L-25%
24L+30%
People with income up to 12L will pay 0% income tax.
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K Shreenathan Nedunghadi
An professional with... • 2m
The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, introduces significant reforms aimed at stimulating economic growth and providing relief to the middle class. Key highlights include:
Income Tax Reforms:
Revised Tax Slab