Stock Markets have been Crushed.
And Cryptos are falling even harder.
Before you get swayed by all the negative sentiments, here is an important story that you need to read.
A thread...
huzoor! Baccho ko kamane do! Wase bhi Berozagari maar rahi hai! Uva akroshit hai! Pryaas kar raha hai..kamaega to desh badega! Tax to lag hi raha hai! #Aur_mat_lagao!
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Your Taxable Salary 1st yr: 10 Lac
Income Tax 30% : 3 Lac
Disposable income: 7 lac
Your Taxable Salary 2nd year: 10 Lac
Actual value of salary minus 6% inflation: 9.4 Lac
Income Tax 30% : 3 Lac
Disposable Income: 6.4 Lac
Why tax slabs are fixed when #inflation is not fixed.