One Tax Policy: A New Era of Taxation in India?
What if income tax was the only tax you had to pay? A system where individuals pay a fixed percentage of their income as tax, and in return, they are exempt from all indirect taxes like GST and service
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Vishu Bheda
Transforming vision ...ย โขย 11m
What's a scam that's so normalized that we don't even realize it's a scam anymore?
Me- Taxes. Once you tax the income, why is there a tax again in the name of GST?
Whatever the shop / company earns they can give it as income tax.
This approach n
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 โน2.5 lakh for individuals below 60 years.
2. 5% Tax: I
Come on, just stop already - ๐ฅ
Deeptech takes years to build, and here Indian VC give 10 mins to pitch. They don't understand the essence of R&D and want immediate results. No one wish to spend on R&D. So companies like Swiggy, Zomato fly but DeepT
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Hiral Jain
Content writerย โขย 11m
Greetings everyone!
Let's learn about our tax system!
The Indian tax system is divided into two categories: Direct (income tax) and Indirect (GST)it's an unfair tax tbh.
It's because everyone pays the same tax regardless of their income. For example
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.
๐ฅบBUT 42 LAKH DEDUCTED AS TAX ๐ญ
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Venture Linkup
Where Businesses Con...ย โขย 1d
A fine is a tax for doing wrong. A tax is a fine for doing well.