The Central Board of Direct Taxes (CBDT) has specified that no tax deduction at source (TDS) under Section 194Q of the Income Tax Act, 1961, will be required for purchases made from units of International Financial Services Centres (IFSC), provided b
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0 replies2 likes
PRATHAM
ย โขย
Medialย โขย 9m
Petrol Should Be under GST or VAT and Excise โ๏ธ
Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes
Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex
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0 replies8 likes
Ishant Saini
Digital Marketing Ex...ย โขย 4m
In India, taxes like income tax are really high, but the public services don't seem to match. My suggestion: If someone pays โน5 crore in tax, the govt should tell them, 'Instead of paying us, invest that money in your local areaโbuild roads, schools,
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9 replies4 likes
Sanjay Srivastav. Footwear Designer
Hey I am on Medialย โขย 2m
If your income is 12L, You pay 0 for the first 4L. From 4L - 8L i.e. next 4L, you pay 5% = 20,000. From 8L - 12 i.e. another 4L, you pay 10% = 40,000. Total Tax Payable= 60,000. Standard Deduction -75,000. So NO TAX FOR INCOME UP TO 12L. Get it?
The Institute of Chartered Accountants of Indiaย โขย 2m
You still have to pay taxes if your income is below 12Lakhs.๐
Letโs talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If youโre already aware, great! But if not, this is essential to knowโotherwise, you
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4 replies5 likes
Ganesh Matole
Learner & Tech enthu...ย โขย 1y
Does india really need wealth management firms? The no of ultra high income Indians is quite low as compared to countries like USA so what do you people think is the JV really needed? What's your opinions!
4 replies4 likes
Suman Meghwal
Wealthseekerย โขย 2m
(millionaire fastlane)
Jobs constrain learning, offer modest income growth, and exchange time for money, all of which reduce wealth. Workers are subject to office politics, pay high taxes, and have no influence over their income. Since there are so f