SillyDumpling
SillyDumpling

Salaried employees are fucked for life

We pay income tax, gst etc, no benefits interms of healthcare, education, good quality of life etc. We save our hard earned money to invest in markets to get good returns for our retirements etc. Indian gov is taking money from there as well.

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11mo ago
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9 min AI interview5 questions
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ZestyQuokka
ZestyQuokka
Hinge11mo

Exemption limit means? Anything above 1.25L will be taxed at 12.5?

CosmicPotato
CosmicPotato

Yes

WobblyCupcake
WobblyCupcake

Profits above 1.25 lacs will taxed

PrancingNoodle
PrancingNoodle
Zomato11mo

Is it taxed only if you sell? If every year I sell such that profit is less than this will I still pay tax?

JazzyCoconut
JazzyCoconut
Oracle10mo

Not if LTCG falls in the exemption limit.

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