š„šļø BJP announced No Tax On businesses and startups Upto 2 Crores turnover š°š®š³š
ā¢ Presumptive Taxation ( Section 44AD )
For Small Businesses: Individuals, HUFs, and partnership firms (except LLPs) can opt.
1= Taxable Income Presumed:
ā¢ 8% o
š„ What's your take on these BJP policies ?
ā¢ No tax on startups and business with upto 2 Crores turnover
ā¢ No tax on Indian Upto 12 Lakh turn over
ā¢ 10K Thousands Crores fund for entrepreneurs
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
š Bjp government is on fire š„
ā¢ No income tax š°
ā¢ Less toll tax š
ā¢ Huge economic activities š
ā¢ 10 Thousand crores for entrepreneurs š§āš«
9 replies7 likes
Sameer Patel
StealthĀ ā¢Ā 8m
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
The UK's Overseas Territories Lead the Charge in Global Tax Havens ā British Influence Dominates the Corporate Tax Haven Landscape in 2024
š¤Æ
(A tax haven is a country or jurisdiction that offers low or no taxes, minimal financial transparency, an
See More
8 replies9 likes
Tarun Suthar
Ā ā¢Ā
The Institute of Chartered Accountants of IndiaĀ ā¢Ā 9d
You still have to pay taxes if your income is below 12Lakhs.š
Letās talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If youāre already aware, great! But if not, this is essential to knowāotherwise, you