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 โน2.5 lakh for individuals below 60 years.
2. 5% Tax: I
51 lakh Indians filed Income Tax returns this year, an increase of 7.5% from the previous year.
2 replies2 likes
Arijit Ray
ย โขย
Twilioย โขย 10m
Happiness is:
Getting approached by your crush โ
Receiving your income tax refund after filing ITR โ
PS: File your ITR before the month end guys ๐
2 replies10 likes
ReepinderGoyal
Hungry? DM meย โขย 1y
Hey guys, drop some good marketing advices below ๐
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
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0 replies3 likes
Vishu Bheda
Transforming vision ...ย โขย 11m
What's a scam that's so normalized that we don't even realize it's a scam anymore?
Me- Taxes. Once you tax the income, why is there a tax again in the name of GST?
Whatever the shop / company earns they can give it as income tax.
This approach n
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0 replies9 likes
Tarun Suthar
ย โขย
The Institute of Chartered Accountants of Indiaย โขย 3m
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