You are viewing a single comment's thread:
RE: Indians appreciating the financial changes from Budget 2025
There is something called as marginal tax relief. So even if you earn slightly more than 12 lakh, you are not impacted greatly.
All this tax slabs change is to increase domestic consumption. With rupee depreciating against dollar, FIIs are soaking out their investments. So domestic consumption has to increase to keep the economy in action.
0.01074622 BEE
Yeah I saw in one of the videos that even if we earn 12,75,000 we can get no tax.
It is balanced in such a way that in any condition you will not have to pay taxes more than anyone who earns lesser than you. The facts are mininterpreted by many just to create hype and get attention to their created content. LinkedIn specifically is still full of the taxation posts.