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**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

New Property Taxation Scenarios: 1) Modest Gains, High Burden 2004 Buy Price: ₹50 lakh 2024 Sell Price: ₹1.6 crore Old Taxation: ₹7,339 New Taxation: ₹13.75 lakh Your tax liability jumps from ₹7,339 to ₹13.75 lakh!!! 2) Moderate Gains, Heavier Lo

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

A Labourer Found A Real Diamond Worth Rs 1 Crore Becomes its Official Owner. Rs 42 lakh Tax Will Be Deducted From Rs 1 crore. I hope he manage finance properly. 🥺BUT 42 LAKH DEDUCTED AS TAX 😭

UPI has reported 16.5 billion transactions for October 2024, worth Rs 23.5 lakh crore. HUGE GROWTH!

The central government has collected GST of ₹ 1.82 lakh crore in November 2024. This GST collection is 8.5% more than the GST collection in November last year. In November 2023, the government has collected GST of ₹ 1.68 lakh crore.

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

Budget 2024: 🔴‼️ In a significant blow to Futures and Options (F&O) traders, Finance Minister Nirmala Sitharaman declared raising the STT rate from 0.01 percent to 0.02 percent. So, after implementing this budget proposal equity and index traders

US Court Issues Arrest Warrant for Billionaire Gautam Adani on Charges of 2100 crore Fraud and Bribery Adani stocks crash up 20% today; share investors lose Rs 2.60 lakh crore

In fiscal 2023-2024, the Indian wedding market reached a whopping $130 billion (around Rs 10 lakh crore), second only to the food and grocery sector in the overall $681 billion retail market.