UPI Statistics for December 2024:
Total Transactions: December 2024 mein, UPI ne over 10 billion transactions process kiye, jo pehle ke months ke comparison mein kaafi zyada tha.
Transaction Value: UPI transactions ki total value ā¹15 lakh crore (app
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.
š„ŗBUT 42 LAKH DEDUCTED AS TAX š
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Hiral Jain
Content writerĀ ā¢Ā 1m
In the financial year 2025, the direct tax revenue has hit an impressive ā¹16.9 lakh crore! Hereās the breakdown:
- Personal tax contributes ā¹8.7 lakh crore
- Corporate tax is at an astounding ā¹27.7 lakh crore
- Securities transaction tax stands at ā¹
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Arcane
Quest for Insight an...Ā ā¢Ā 7m
New Property Taxation Scenarios:
1) Modest Gains, High Burden
2004 Buy Price: ā¹50 lakh
2024 Sell Price: ā¹1.6 crore
Old Taxation: ā¹7,339
New Taxation: ā¹13.75 lakh
Your tax liability jumps from ā¹7,339 to ā¹13.75 lakh!!!
2) Moderate Gains, Heavier Lo
Direct Tax collections for FY 2024-25 as of 17 September, 2024
Net Collections, YOY comparison
Corporate Tax : ā¹4.53 lakh crore, up 10.5%
Personal Income Tax : ā¹5.15 lakh crore, up 18.8%
STT : ā¹26,154 crore, up 96%
Other Taxes : ā¹1,812 crore, up
**Tax Revenue Hits Record Highs** š
The governmentās net direct tax collection, post-refunds, surged 15.4% to ā¹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ā¹15.02 lakh crore. š°
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Sameer Patel
Work and keep learni...Ā ā¢Ā 10m
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 ā¹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
Budget 2025 expectations: Income tax relief buzz
Speaking on the expected rationalisation of the income tax slab, Pankaj Mathpal, MD & CEO at Optima Money Managers, listed out the possible income tax slab for the new income tax regime, which may bri