“Only 2% of Indians Pay Income Tax”: Stop Referring to Us as Tax AvOiders

Summary points: Only 25.5% of India’s 143.81 Crore Population (36.67 Crore) Are Working and Earning, and 7.67% of Them (2.81 Crore) Paid Income Tax in FY 2023-24. Personal Income Tax has grown at 15.6%per year over 29 years, outpacing the sensex (11.58%) and GDP growth (10-11%). Indirect taxes like gst, paid by all, make up … Read more

Gold ETF Taxation: Tax will have to be paid like SGB on Gold ETF redemption from next month! – Gold ETF Taxation will have to pay special tax on gold etf redemption from next month like sovereign gold bond

Gold ETF Taxation: Tax will have to be paid like SGB on Gold ETF redemption from next month! – Gold ETF Taxation will have to pay special tax on Gold ETF Redemption from Next Month Like Sovereign Gold Bond – Business Standard Rec LTD Company Board has a big decision of Rs 1.7 lakh crore, … Read more

You will not have to pay tax like date funds! Rules will be changed with gold ETF and gold mutual funds from 1 April 2025 – Tax will not be paid like Date Funds Tax will be changed from 1 April 2025 with Gold ETF and Gold Mutual Funds

You will not have to pay tax like date funds! From 1 April 2025, Gold ETFs and Gold Mutual Funds will be changed with rules – tax will not be paid like Date Funds Tax will be changed from 1 April 2025 with Gold ETF and Gold Mutual Funds – Business Standard VIDEO: Share Market: … Read more

Tax Harvesting 101: How to Slash your tax bill and keep your investments growing?

Summary points: Tax harvesting basics: Sell ​​and reinvest equity mutual funds or stocks to keep long-term capital gains (LTCG) Under Rs.1.1.25 lakh and avoid the 12.5% ​​tax. Tax loss harvesting: Use losses from underperforming investments to offset gains, slashing your tax bill (EG, Saving Rs.2,500 on a Rs.1.5 lakh Gain). Real-Life Wins: See how priya … Read more

ELSS: Craze ending for tax saving? Why the trend of investors started to decrease after the budget – ELSS is the craze for tax savings who did investors interest start declining after the budget

ELSS: Craze ending for tax saving? Why the trend of investors started to decrease after the budget – ELSS is the craze for tax savings where did investors interest start declining after the budget – Business standard ELSS: Craze ending for tax saving? Why the trend of investors started decreasing after the budgetSunita Williams: Sapna … Read more

Old tax regime vs new tax regime

Rajesh Mehta, A 35-YAR-old marketing manager in the busy City of Mumbai, Had to Make a Financial Decision That Many People On Salaries Have to Make: Between India’s’s Old and New tax Regimes. Given the Substantial Changes Brought About by the Union Budget 2025, Rajesh Had to Assess which regime would be the best for … Read more

India’s Real Economic Rise: Explaining Distorted GDP Per Capita of Tax Havens

Today, I Stumbled Across this headline from Deccan herald,India to be 3rd-largest economy on 2028, Morgan Stanley SaysPretty Exciting, Right? The article talks about how India’s GDP is set to hit $ 5.7 Trillionovertaking GermanyThanks to a young population, Smart Economic Reforms, and a Knack for Saving and Investing. It’s the kind of story that … Read more

MP BUDGET: A budget of Rs 4.21 lakh crore is presented in Madhya Pradesh, no new tax imposed – Madhya Pradesh Presents Rs 4 21 Trillion Budget No New Taxes Imposed Details

MP BUDGET: A budget of Rs 4.21 lakh crore is presented in Madhya Pradesh, no new tax imposed – Madhya Pradesh Presents Rs 4 21 Trillion Budget No New Taxes Imposed Details – Business Standard Why did the veteran selling in IT stocks including Infosys, TCS, Wipro? Shares slipped up to 6%Gold ETF in India: … Read more