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As more and more work gets automated, is it a good idea to levy a "UBI Contribution Tax" on companies beyond a certain Revenue per Employee threshold? (UBI = Universal Basic Income, a proposal to give all citizens a minimum income to fulfill basic n

**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

I'm seeking advice from the professional community. My 50:50 partner and I have a registered private limited IT services company with a company account. We're having a disagreement on where to store our revenue. My partner suggests storing revenue i

💸25 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 Modi’s government in its third term, a

Over half of India’s direct tax revenue — from individuals, corporates, and businesses and more— comes from just two states. This revenue is the backbone funding our infrastructure, healthcare, and education. Comment below and tell us: which state do

🚨 Tax Saving Alert: Only 2 Months Left! 🚨 Hi there! 👋 Here’s a quick guide to help you maximize your savings: 🔹 80C - Save up to ₹1.5L PPF, ELSS (higher returns), NSC, LIC, Tax-Saving FDs (5 yrs). 🔹 80D - Health is Wealth Save ₹25K (self/fami

💡 Did you know that only 5–6% of Indians actually pay income tax? Of the 7.4 crore returns filed in 2022–23, nearly 70% had zero tax liability. That leaves a thin slice of the population, mostly salaried middle class professionals who are bearing t