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Greetings everyone! So in a previous post, I spoke about the tax system let's take a deep dive into it! India follows a progressive taxation system, i.e. tax is imposed on their income, but this isn't fair, especially for paid employees! It's becau

What's your view on Income Tax? I am just frustated with this tax system🙁

Taxpayer earns ₹1 → Govt takes 31.2%. He buys a product → Add 5 to 28% GST. Spends on fuel → 50% tax. Saves money → Taxed again. But no, he’s not oppressed.

What Do You Think? about the "Indian tax System"

how bad is the tax system in india for employees?

Hey everyone! Have you heard about the new PAN Card 2.0? 🤔 It's taking taxpayer identification to a whole new level with enhanced features and a streamlined application process. Check out this article to learn more about how it's revolutionizing the

Sometimes, the best tax strategy is location, location, location. Monaco: Where the Rich Play and Taxes Stay Away → Third of the population is millionaire → The per capita GDP in Monaco is the highest in the world, → Reaching an all time high o

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

Income Tax Return Filing When tax liability rises due to the receipt of arrears or additional payments, it typically happens because these amounts are added to the individual’s total income for the current financial year. This increase in incom