India's Biggest Tax Contributors...
Personal income tax is still India's biggest tax contributiors, accounts for more than 30% of total tax collections
Only In India
If your Earn Rs 30 lakhs from Salary
You pay Rs 8 lakh Tax
If you earn Rs 30 lakh from buisness
You pay Rs 1.5 lakh tax
1 replies9 likes
Avnish Singh
Ready to accomplish • 11m
Any CA here how much is tax to pay on 30 lpa salary
2 replies2 likes
Aakash kashyap
Building JalSeva and... • 8m
The UK's Overseas Territories Lead the Charge in Global Tax Havens – British Influence Dominates the Corporate Tax Haven Landscape in 2024
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(A tax haven is a country or jurisdiction that offers low or no taxes, minimal financial transparency, an
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8 replies9 likes
Mahendra Lochhab
Content creator • 4m
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.
2 replies4 likes
Sameer Patel
Work and keep learni... • 1y
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
Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B
November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods
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0 replies2 likes
Tarun Suthar
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The Institute of Chartered Accountants of India • 2m
30+ Strategies How Billionaires Avoid Taxes.
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1. Double Irish with a Dutch Sandwich
2. Tax Haven Residency
3. Offshore Shell Companies
4. Trust Funds
5. Carried Interest Loophole
6. Capital Gains Tax Rate
7. Intellectual Property Rights Shifts
8.
Here’s a real- lesson from July 2024: Many salaried employees, while filing their ITR, realized too late that they had missed out on crucial tax planning and investment opportunities because the financial year had already closed.
Don’t let this hap