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.
この記事は Reader's Digest India の February 2019 版に掲載されています。
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この記事は Reader's Digest India の February 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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BOOKS
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STUDIO - Off Lamington Road by Gieve Patel
Oil on Canvas, 54 x 88 in
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FOODS THAT FIGHT DEMENTIA
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THE SNAKE CHARMERS
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...TO DIE ON A HOCKEY RINK
ONE MINUTE I WAS PLAYING IN MY BEER LEAGUE, THE NEXT I WAS IN THE HOSPITAL
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If there's one thing we know, it's this: We're a nation of know-it-alls
THE BITTER TRUTH ABOUT SUGAR (AND SUGAR SUBSTITUTES!)
It's no secret that we have a serious addiction. Here's how to cut back on the sweet stuff, once and for all.
