Summary of action points Before March 31, 2025
✔ Review tax-saving investments.
✔ Pay pending taxes/advance tax.
✔ Submit investment proofs to employer (if salaried).
✔ Plan capital gains/losses for tax efficiency.
✔ Update financial records for the
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
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
Mehnat ki kamai par moti rakam maangte hue pakadi gyi 😅( Caught demanding huge amount for hard earned money)
Tax -Treatment of popcorn 🍿
The Goods and Services Tax (GST) Council, chaired by the finance minister and including state representative
India's Defence Exports grew 31 Times in last 10 Years.
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Kimiko
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India's Biggest Tax Contributors...
Personal income tax is still India's biggest tax contributiors, accounts for more than 30% of total tax collections
