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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

Can anyone explain these to me we buy car and pay taxes on it and also pay toll tax on it and again use petrol which is taxed why are we paying these? Can anyone explain.

Paying tax on stocks are mandatory but how do I do it? Because I buy sell and again this process repeat. How should I do it?

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?

I think next civil war in India happens because of tax . We are facing this huge problem since 1947 and every government force only middle class people's for tax . According to reports only 3.5% people in India paying tax and other are just enjoying

Income Tax Return Filing When tax liability rises due to the receipt of arrears or additional payments, it typically happens because these amounts are added to the individual’s total income for the current financial year. This increase in incom

A Better understanding.... Take a look... A just single statement answer. If you don't want to tax, earn less and be poor. I just have a single question? What is Employee Benefits for paying tax? Y no one asks this? #BudgetDay #BudgetSession #In

10 minutes of inshort scroll down and find this now why my dad paying so much tax better he store black money invest in my startup

Of course the value of money has changed but it's a great comparison. It does not show Congress taxed the rich btw. Nobody was paying 97.5% tax. They were just paying bribes to Congress to keep money black. That's how they destroyed our economy.

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