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Founder And CEO Of F...ย โ€ขย 4m

Budget 2025 expectations: Income tax relief buzz Speaking on the expected rationalisation of the income tax slab, Pankaj Mathpal, MD & CEO at Optima Money Managers, listed out the possible income tax slab for the new income tax regime, which may bring more money into the hands of the middle class: 1] Income up to โ‚น4 lakh โ€“ Nil; 2] โ‚น4 lakh to โ‚น8 lakh โ€“ 5%; 3] โ‚น8 lakh to โ‚น10 lakh โ€“ 10%; 4] โ‚น10 lakh to โ‚น12 lakh โ€“ 15%; 5] โ‚น12 lakh to โ‚น15 lakh โ€“ 20%; and 6] Above โ‚น15 lakh โ€“ 30%.

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New Tax slab: 0-4L-0% 4-8L-5% 8-12L-10% 12-16L-15% 16-20L-20% 20-24L-25% 24L+30% People with income up to 12L will pay 0% income tax.

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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 โ‚น2.5 lakh for individuals below 60 years. 2. 5% Tax: I

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Was it a Budget of expectations? The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime. 1. Standard Deduction Increase: T

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Asifur Borbhuyan

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๐Ÿšจ India's new tax rules come into effect from tomorrow. Upto 3 lakh - 0 3 lakh to 6 lakh - 5% 6 lakh to 9 lakh - 10% 9 lakh to 12 lakh - 15% 12 lakh to 15 lakh - 20% 15 lakh and above - 30%

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You still have to pay taxes if your income is below 12Lakhs.๐Ÿ’€ Letโ€™s talk about a crucial detail in the recent Indian Union Budget that many people are overlooking. If youโ€™re already aware, great! But if not, this is essential to knowโ€”otherwise, you

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**Tax Revenue Hits Record Highs** ๐Ÿ“ˆ The governmentโ€™s net direct tax collection, post-refunds, surged 15.4% to โ‚น12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching โ‚น15.02 lakh crore. ๐Ÿ’ฐ

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B Yashwanth

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Just invest 10 sec in below ๐Ÿ‘‡ calculator to calculate your tax as per new regime 2025 Tax Calculator comparison as per budget 2025! https://tax.pythontrader.in/ Calculate ur tax as per new proposed slab rates .. just enter your income in this ..

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Direct Tax collections for FY 2024-25 as of 17 September, 2024 Net Collections, YOY comparison Corporate Tax : โ‚น4.53 lakh crore, up 10.5% Personal Income Tax : โ‚น5.15 lakh crore, up 18.8% STT : โ‚น26,154 crore, up 96% Other Taxes : โ‚น1,812 crore, up

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