I'm looking for an investor for my startup. The idea is kind of like making a marketplace. Investment needed would be around 10-15 lakh for incubation.
Budget 2025 expectations: Income tax relief buzz
Speaking on the expected rationalisation of the income tax slab, Pankaj Mathpal, MD & CEO at Optima Money Managers, listed out the possible income tax slab for the new income tax regime, which may bri
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Sameer Patel
Work and keep learni... • 1y
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
Average Indian startup founder’s salary:
₹1.5–2.5 lakh/month in early stages
(Compared to ₹10–15 lakh/month for CXOs in funded startups)
Bootstrapping = lean living.
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Ankit Varun
Hey I am on Medial • 6m
hello My name Ankit Varun
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Hawk
•
Medial • 11m
Was it a Budget of expectations?
The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime.
1. Standard Deduction Increase: T