Imagine that you’re doing a job and your salary is 1.8 cr. You are so happy that you got such a big budget income job.But the twist here is you have to give 60 lakhs as tax.
Yes you have read it right !
So, even if you grind you won’t be able to enjoy your salary to the fullest. Because of government.
In 2020, Nirmala Sitharaman introduced a “simplified”, optional regime with three new tax slabs.The budget has tried to put more money in the hands of taxpayers by curtailing the incentives to save.
But what is happening now?
A guy named Musafir posted a photo where we can see a tax summary, where we can see the grosss income is 1,82, 06,391 taxable income is 1,82,06,390 Tax liability is 61,75, 749, Taxes paid is 61,50, 385 and Tax Due is, 25,360.
The user from x captioned it as
“1.8 cr Salary
60L Tax
That’s so sad
Lagta hai Job chord k business Krna padegaa…” which means it should be better if i leave the job and start a business.
The tax section and income dynamic is getting fragile day by day.
