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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

You still have to pay taxes if your income is below 12Lakhs.💀 Let’s talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If you’re already aware, great! But if not, this is essential to know—otherwise, you

😅 Bjp government is on fire 🔥 • No income tax 💰 • Less toll tax 🚗 • Huge economic activities 🚀 • 10 Thousand crores for entrepreneurs 🧑‍🏫

BCCI's profit is tax-free under Section 12A of the Income Tax Act, whereas IPL tickets bought by fans are subject to 28% GST.

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

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

Accounts or tax which has huge impact on startup as well as companies

If your income is 12L, You pay 0 for the first 4L. From 4L - 8L i.e. next 4L, you pay 5% = 20,000. From 8L - 12 i.e. another 4L, you pay 10% = 40,000. Total Tax Payable= 60,000. Standard Deduction -75,000. So NO TAX FOR INCOME UP TO 12L. Get it?

Looking for a sound and logical CA or relevant qualified person.I need some guidance over income tax on foreign income and GST charges for a single person service provider.

There is no income tax upto Rs. 12 lakhs of income. Great news. Now I just have to figure out how to earn an income of Rs. 12 Lakhs!