Recently was reading about Corporate TAXes and Damn it guy .......
CS Akshay Vernekar
Practicing Company S...ย โขย 2m
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 โน2.5 lakh for individuals below 60 years.
2. 5% Tax: I
Dear business๐
please note your tax audit applicability
โก๏ธEvery 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
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RootDotAi
From the ROOT to the...ย โขย 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
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Hiral Jain
Content writerย โขย 11m
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
If you're an employee, you've got an in-hand salary hike today! This is because of Nirmala Sitharaman's tax cut for the new regime.
April 2025 is the first month you see it in action. Your company would've cut lower TDS in accordance with the new sl
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Vishu Bheda
Transforming vision ...ย โขย 11m
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.
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B Yashwanth
Customer success ent...ย โขย 3m
Just invest 10 sec in below ๐ 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 ..