PrancingMarshmallow

Wipro

Increment in tax [Budget 2024]

Standard deduction for employees increased to 75k STCG increased to 20% LTCG increased to 12.5% 🥹🥹🥹

5mo ago

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BouncyCoconut

Stealth5mo

Standard deduction for new regime..not old

PrancingMarshmallow

Wipro5mo

Oh yes...I forgot to mention

GroovyCupcake

Stealth5mo

F&O trading also affected.

PrancingMarshmallow

Wipro5mo

Yes STT rate has increased to 0.02%

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Curated from across

News Discussion5mo

by FloatingPandaStealth

Budget Thread

Drop your thoughts about ongoing announcement from Budget.

Drop an announcement and underneath people will add their thoughts

News Discussion5mo

by PeppySushiSwiggy

Budget 2024! 🏦

Coming Tomorrow..

What is your expectation?

4.8K

Top comment

Middle class gets f###ed as always

News Discussion5mo

by GroovyCupcakeStealth

Standard deduction on salary increased to 75k (only new tax regime)

1.8K

Personal Finance5mo

by PerkyNoodleGojek

Union Budget 2024 (aka) How to screw middle class? 🤷🏻

No changes in old regime.
No tax reliefs.
No changes in 80C
Increased STCG and LTCG for stock and MF investments.

They increased the standard deduction in new regime from 50k to 75k and called it as "a tax relief to middle class"

3.2K

Top comments

First world taxes, third world amenities.

High time we stop caring about budget and just focus on increasing the income instead

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