Lord Posted February 1 Share Posted February 1 (edited) Tai Edited February 1 by Lord Link to comment Share on other sites More sharing options...
bharathh Posted February 1 Share Posted February 1 WTF is it with people sloganeering when someone is talking. So annoying! Link to comment Share on other sites More sharing options...
Lord Posted February 1 Author Share Posted February 1 new Income tax to be announced next week Link to comment Share on other sites More sharing options...
singhvivek141 Posted February 1 Share Posted February 1 No tax till 12 lakh Link to comment Share on other sites More sharing options...
bharathh Posted February 1 Share Posted February 1 6 minutes ago, singhvivek141 said: No tax till 12 lakh 12.75 lakhs as there is a 75k standard deduction. For a 25 lakh/yr salaried person they get back ~1.4 lakhs in hand. Vickydev 1 Link to comment Share on other sites More sharing options...
Lord Posted February 1 Author Share Posted February 1 6 minutes ago, singhvivek141 said: No tax till 12 lakh Seeing this in social media singhvivek141 1 Link to comment Share on other sites More sharing options...
singhvivek141 Posted February 1 Share Posted February 1 Just now, Lord said: Seeing this in social media Chalo kuch to bachat hogi Vickydev, Lord and raki05 1 2 Link to comment Share on other sites More sharing options...
Vickydev Posted February 1 Share Posted February 1 20 minutes ago, singhvivek141 said: Chalo kuch to bachat hogi Enough to get my girl back? @Lord @coffee_rules Austin 3:!6, coffee_rules and raki05 3 Link to comment Share on other sites More sharing options...
Lord Posted February 1 Author Share Posted February 1 1 minute ago, Vickydev said: Enough to get my girl back? @Lord @coffee_rules need a lot more with that ugly face Austin 3:!6, raki05, Vickydev and 2 others 5 Link to comment Share on other sites More sharing options...
Vickydev Posted February 1 Share Posted February 1 7 minutes ago, Lord said: need a lot more with that ugly face Hey... Don't have to be so harsh with her. I can adjust Lord, coffee_rules and raki05 3 Link to comment Share on other sites More sharing options...
singhvivek141 Posted February 1 Share Posted February 1 45 minutes ago, Vickydev said: Hey... Don't have to be so harsh with her. I can adjust Cover the face.. Vickydev and raki05 2 Link to comment Share on other sites More sharing options...
bharathh Posted February 1 Share Posted February 1 1 hour ago, Lord said: Seeing this in social media Applicable for anyone that earns 12+ lakhs. Exemption only applicable for those with incomes of 12 lakhs or less and on the new tax regime. I still use the old tax regime - so no change for me. coffee_rules 1 Link to comment Share on other sites More sharing options...
Lord Posted February 1 Author Share Posted February 1 3 minutes ago, bharathh said: Applicable for anyone that earns 12+ lakhs. Exemption only applicable for those with incomes of 12 lakhs or less and on the new tax regime. I still use the old tax regime - so no change for me. so whats the point of slabs of 0-4 and 4-8 lakhs randomGuy 1 Link to comment Share on other sites More sharing options...
bharathh Posted February 1 Share Posted February 1 23 minutes ago, Lord said: so whats the point of slabs of 0-4 and 4-8 lakhs If you earn more than 12 lakhs (non-salaried) or 12.74 (salaried) you fall under the slab structure. If you earn more than that amount you fall under the slab structure. coffee_rules 1 Link to comment Share on other sites More sharing options...
Lord Posted February 1 Author Share Posted February 1 4 minutes ago, bharathh said: If you earn more than 12 lakhs (non-salaried) or 12.74 (salaried) you fall under the slab structure. If you earn more than that amount you fall under the slab structure. so if I am earning 13 lakhs, tax will be 15% on basis of slabs, no? How do first two slabs apply if below 12 lakhs there is no tax for everyone Link to comment Share on other sites More sharing options...
Lord Posted February 1 Author Share Posted February 1 https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2098352 Link to comment Share on other sites More sharing options...
ravishingravi Posted February 1 Share Posted February 1 Looks like a good budget to push consumption driven growth, encourage 80% to have family. Plus liberalized some key sectors to drive capital injection yet maintain fiscal space. Growth will be govt spending and consumption. G_B_, raki05 and AuxiliA 2 1 Link to comment Share on other sites More sharing options...
coffee_rules Posted February 1 Share Posted February 1 (edited) 7 hours ago, Vickydev said: Enough to get my girl back? @Lord @coffee_rules Agar koi bandi Vicky ko pooche to phone kaat mat dena. Edited February 1 by coffee_rules raki05, Vickydev and ravishingravi 3 Link to comment Share on other sites More sharing options...
coffee_rules Posted February 1 Share Posted February 1 Vickydev, AuxiliA, raki05 and 1 other 4 Link to comment Share on other sites More sharing options...
G_B_ Posted February 1 Share Posted February 1 Pro growth budget. Right at time it was needed. Rbi needs to hold rates steady see the impact on inflation. If inflation is under 5% then rate cuts should be the secondary stimulus. raki05 and coffee_rules 2 Link to comment Share on other sites More sharing options...
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