Recently was reading about Corporate TAXes and Damn it guy .......
CS Akshay Vernekar
Practicing Company S... • 1m
You are little too early in the subject. Suggest you to travel to the tax slabs effective for AY 2025-26 i.e. FY 2024-25. Rates may be the same but it would be an informed post for people to put up a rant on the subject.
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 ₹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
Dear business🔊
please note your tax audit applicability
➡️Every business, including private limited companies, individuals, and partnership firms (excluding those opting for the presumptive taxation scheme), is subject to a tax audit ifTotal sale
See More
1 replies4 likes
RootDotAi
From the ROOT to the... • 1y
Key Things To do Before 31st March 2024
1 Invest in Tax Saving options
Those who have opted for old tax regime must invest in tax saving options like ELSS MFs, Tax saver FDs, Life Insuarnace, PPF etc to claim deductions u/s 80C of the income ta
See More
0 replies3 likes
Hiral Jain
Content writer • 10m
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
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?
Exciting to hear about CBG Blending Initiative Updates
Please find some time to read the article. I have provided a brief update below.
The National Biofuels Coordination Committee (NBCC) has announced a groundbreaking initiative to enhance the us
Indians spending a record $31.7 billion overseas in FY24, up 17% from the previous year, despite the introduction of tax collection. International travel is the biggest expense.
0 replies7 likes
B Yashwanth
Customer success ent... • 1m
Just invest 10 sec in below 👇 calculator to calculate your tax as per new regime 2025
Tax Calculator comparison as per budget 2025!
https://tax.pythontrader.in/
Calculate ur tax as per new proposed slab rates .. just enter your income in this ..
Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B
November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods