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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

The value of Rs 1 crore After 10 years from Now - 50 lakhs After 15 years from now - 36 lakhs After 20 years from now - 25 lakhs (ASSUMING 7% INFLATION)

Direct Tax collections for FY 2024-25 as of 17 September, 2024 Net Collections, YOY comparison Corporate Tax : ₹4.53 lakh crore, up 10.5% Personal Income Tax : ₹5.15 lakh crore, up 18.8% STT : ₹26,154 crore, up 96% Other Taxes : ₹1,812 crore, up

In Investing, 20% = 25%. I haven’t gone crazy… When investing in stocks or smallcases, frequent rebalancing can severely impact your returns due to Short-Term Capital Gains (STCG) Tax. Here’s why: 🔹 Direct Stocks or Smallcase: Frequent rebalancing

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

A $5000 investment in UBER gave over $25 Million in Returns.

I am looking a investor for investment 30 lakh jisme 10 lakh debt for 1% and 20 lakh for equity profit margin work it wine shop equity meeting m fix

₹5.60 to ₹4132: Multibagger penny stock turns ₹1 lakh into ₹7.37 crore in 21 years. Vadilal Industries share price, which is currently trading at ₹4,132 on Bombay Stock Exchange (BSE), has skyrocketed nearly 73,686 per cent in 21 years, rising from

51 lakh Indians filed Income Tax returns this year, an increase of 7.5% from the previous year.

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