Focus on your financial goals, and tax benefits will follow.
THE YEAR 1973–74 will go down as one of the darkest years in the history of personal income tax in India. That year, the highest rate of personal income tax was 97.75 per cent. At the time it was perfectly normal for taxpayers to focus only on tax-saving instruments.
Today we are in a comparatively lower tax regime, with the rate of taxation ranging from 5 per cent to a maximum of 30 per cent plus levies. Also, there are a number of tax benefits within the Indian Income Tax Act that covers our basic needs.
However, many people, especially young earners—new to the world of financial responsibility—remain unaware and unsure about the multitude of options that exist today to help them save on taxes.
هذه القصة مأخوذة من طبعة February 2019 من Reader's Digest India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة February 2019 من Reader's Digest India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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