Didn't receive 87A rebate for FY 23-24 even after revised ruling. What is wrong with our FM. She is trying to loot us in every possible way. Anyone else, who didn't receive rebte for stcg/ltcg?
Deadpool’s Tax Tips—Let’s Make It Simple!
💸 Salary below ₹12.75L?
Go with the new tax regime—less pain, less paperwork. Easy peasy. 🥳
💰 Salary above ₹12L?
If your exemptions (HRA, 80C, 80D, home loan, etc.) are more than ₹5L, old tax regime coul
Income Tax Old Regime vs New Regime
All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.
1 replies5 likes
Sumangal Bose
Jack of all trades • 7m
New Tax slab rules simplified.
0 replies9 likes
Vivek Panchal 🇮🇳
Passionate Software ... • 1m
Calculate tax as per the new regime. build by me , open for feedbacks
New Property Taxation Scenarios:
1) Modest Gains, High Burden
2004 Buy Price: ₹50 lakh
2024 Sell Price: ₹1.6 crore
Old Taxation: ₹7,339
New Taxation: ₹13.75 lakh
Your tax liability jumps from ₹7,339 to ₹13.75 lakh!!!
2) Moderate Gains, Heavier Lo
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
