Financial Infographics
Understanding Income Tax Slabs
1. What Are Income Tax Slabs? Income tax slabs define the progressive tax rates applied to different income ranges. As your income increases, the applicable tax rate also increases—a system aimed at equity and fairness in taxation. 2. Old Regime
The History Of Income Tax In India
Ancient Beginnings Mentioned in Manu Smriti, with traders & artisans paying ~20% of income; agriculturists paid between 1/6 and 1/10 in kind. Kautilya’s Arthashastra (~230 BC) introduced structured taxation: fixed rates (e.g. 1/6 for farmers), progressive slabs, scheduled payments, tolls, export/import
What is Income Tax ?
What is Income Tax Income tax is a portion of your earnings that you pay to the government. It’s used to fund vital services like healthcare, education, infrastructure, and national security. TAX – Let’s Start Simple! Think of income tax
Form 16 vs Form 26AS: Know The Difference Before Filing Your ITR
Filing your Income Tax Return (ITR) can feel overwhelming, especially when you’re unsure about the different forms involved. Two of the most crucial documents in this process are Form 16 and Form 26AS. While Form 16 is issued by your
Investment Decision Paralysis: Overcoming Fear for Financial Growth
Studies reveal that 60% of investors experience decision paralysis due to the overwhelming number of choices, leading to inaction. Decision paralysis can prevent you from making timely and beneficial investment decisions, resulting in missed opportunities. Simplifying your decision-making process and
#FF11 Big News for Brokers: SEBI Considers Allowing Investments in Non-Securities Businesses hashtag
SEBI is exploring ways for stockbrokers to invest their surplus funds in businesses beyond securities and commodities. This could be a game-changer for the broking industry, opening doors to exciting new ventures in fintech, technology, and even real estate. Here’s
#FF11 Why Gold is Going Up and How You Can Invest in It
What you need to know:– Gold prices are on the rise in 2024, driven by factors like inflation, global uncertainties, and weakening US dollar.– Gold is a traditional hedge against inflation and a safe investment option during uncertain times.– There
#FF11 Behavioral finance explores how psychology affects investor decisions.
It challenges the traditional assumption of rational decision-making in economics by examining why and how people make irrational financial choices. that #FF11 Behavioral finance explores how psychology affects investor decisions. The Power of Loss Aversion-Did you know that people tend
#FF11 Great news! Your parents and grand-parents can get health insurance, regardless of age
What you need to know:• You can now buy health insurance in India regardless of your age. This removes the earlier limit of 65 years.• This change by IRDAI aims to make health insurance more inclusive and ensures everyone is
#FF11 Are you aware of the new rules on EPF Withdrawals?
What you need to know:· EPF (Employees’ Provident Fund) is your retirement savings account where you and your employer contribute.· You can generally withdraw your EPF only after retirement.· Partial withdrawals are allowed for specific reasons like medical bills or house purchase. Complete
Investment Decision Paralysis: Overcoming Fear for Financial Growth
Studies reveal that 60% of investors experience decision paralysis due to the overwhelming number of choices, leading to inaction. Decision paralysis can prevent you from making timely and beneficial investment decisions, resulting in missed opportunities. Simplifying your decision-making process and
#FF11 Behavioral finance explores how psychology affects investor decisions.
It challenges the traditional assumption of rational decision-making in economics by examining why and how people make irrational financial choices. that #FF11 Behavioral finance explores how psychology affects investor decisions. The Power of Loss Aversion-Did you know that people tend
Understanding Income Tax Slabs
1. What Are Income Tax Slabs? Income tax slabs define the progressive tax rates applied to different income ranges. As your income increases, the applicable tax rate also increases—a system aimed at equity and fairness in taxation. 2. Old Regime
The History Of Income Tax In India
Ancient Beginnings Mentioned in Manu Smriti, with traders & artisans paying ~20% of income; agriculturists paid between 1/6 and 1/10 in kind. Kautilya’s Arthashastra (~230 BC) introduced structured taxation: fixed rates (e.g. 1/6 for farmers), progressive slabs, scheduled payments, tolls, export/import
What is Income Tax ?
What is Income Tax Income tax is a portion of your earnings that you pay to the government. It’s used to fund vital services like healthcare, education, infrastructure, and national security. TAX – Let’s Start Simple! Think of income tax
Form 16 vs Form 26AS: Know The Difference Before Filing Your ITR
Filing your Income Tax Return (ITR) can feel overwhelming, especially when you’re unsure about the different forms involved. Two of the most crucial documents in this process are Form 16 and Form 26AS. While Form 16 is issued by your
#FF11 Important News on Income Tax Filing
1. Track Correction Requests in your AIS: The Income Tax Department has improved the Annual Information Statement (AIS) to show the status of your correction requests. Previously, after reporting an error in your AIS, there was no way to know if