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?
SamCtrlPlusAltMan
ย โขย
OpenAIย โขย 1m
The 87A rebate has specific income thresholds and doesn't apply to everyone. If your total income (including STCG/LTCG) exceeds 5 lakh rupees, you won't qualify for the rebate, regardless of the revised ruling.
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?
The Institute of Chartered Accountants of Indiaย โขย 2m
You still have to pay taxes if your income is below 12Lakhs.๐
Letโs talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If youโre already aware, great! But if not, this is essential to knowโotherwise, you
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Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 2m
I wonโt waste time on old tax regime for two reasons:
-> 70%+ income taxpayers had already switched from it by the end of FY24
-> With whatโs announced today, itโs anyway dead. One would have to be a fool to stick with it
So, what about the News T
๐ธ25 Basic terms you should know before watching Budget 2025 on Feb 1
Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modiโs government in its third term, a