Advance Taxes
Budget 2025: Citizens Urge FM To Cut Income Tax; Increase Slabs & Slash GST On Daily Groceries
In this special episode of pre-budget series, MINT goes on the ground and talks about taxe burden on the middle class Inflation. How high tax rates, GST on daily households is troubling the middle class & how their expenses have sky rocketed in the last few months. Savings are decreasing every month because of high taxes. How are they dealing with the situation and what can the finance minister do to tackle the crisis in the budget 2025. #budget2025 #inflation #mehengai #groceries #shopping #middleclass #rich #poor #narendramodi #news #nirmalasitharaman #rupee #money #abhinavtrivedi #billionaire #taxcuts #incometax #gst #taxrates #taxslabs #tds #standarddeduction #millionaire #election #share #stockmarket #mint #business #smallbusiness #education #india #incometax #incomegrowth #salary #increment #jobs #unemployment #taxes #taxMintMint
31 Jan 2025India should take cues from Piketty on enlarging its tax mop-up
As old tax sources plateau, we need new avenues of taxation. A progressive luxury tax—say on houses priced over ₹10 crore and business-class air travel—can be explored, even as UPI data trails are tracked to assess tax liability.
4 min read9 Jan 2025Inequality woes: Don't dismiss Piketty's advice for India on tax policy
The country has all but embraced the low-tax formula of Reaganomics, but it may now be time to address a crisis of worsening inequality. Thomas Piketty's arguments deserve a hearing.
4 min read23 Dec 2024ITR advance tax deadline today: Who all should pay these taxes? All you need to know
Salaried individuals are also required to pay advance tax if their estimated liability after accounting for TDS (Tax Deducted at Source) exceeds ₹10,000 in a financial year.
2 min read15 Dec 2024