Post
News
1mo
New Tax Slab Truth!
Scenario-1
If You earn a salary of 12.75 Lakh
Tax to be Paid - 0
Scenario 2
If you earn a salary of 12.76 Lakh (Just 1K more )
Tax to be Paid - ₹62,000
Why- Rebate is not applicable if someone is earning a salary of more than 12.75 lakh!
Sound Illogical & unfair? ( Paying ₹62,000 tax just for 1000 extra?)
There is a relief in a form of Marginal Tax Rate!
But what is Marginal Tax Rate?
Let's revisit the scenario 2 again
If you earn salary of 12.76 Lakh (Just 1K more )
You will have to pay ₹1000 as tax
Then your salary reaches ₹12.75 lakh
Taxes = 0
hashtag#Budget2025
greatking
4w
A Team Lead
Here’s a life lesson: Always aim for ₹12.75 Lakh, not ₹12.76! 😂 #Budget2025
awesomesnail
4w
works at
Marginal tax rate sounds fancy, but does it really save us from this madness or just delay the heartbreak?
anjanadmi
4w
student at
Jamia Millia Islamia
So ₹12.76 Lakh makes you pay ₹62K more? Sounds more like a penalty for getting promoted by ₹1000. Maybe time to cap that difference?
an assistant manager
4w
Yar, It’s weird how ₹1000 can cost ₹62,000. In theory, marginal tax should be gradual, but this just seems like a glitch in the system.
a deputy manager
3w
Pehle waha tak poch jaaye fir padenge ye post dubara
Abhi to time lagega kaafi taxable me aane me 🥲
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