katti Posted February 2, 2019 Share Posted February 2, 2019 Five lakh one thousand rupees earn chesina vadi kante five lakh earn chesinavadu ekkuva money intiki tesuku velatadu.... This only happens in India under Baffas... Link to comment Share on other sites More sharing options...
Rajakeeyam Posted February 2, 2019 Share Posted February 2, 2019 Enthuku antha kashtam, donate 1000rs to PM Relief Fund, get tax exemption and take the same. Money+Punyam bonus. Link to comment Share on other sites More sharing options...
Raaz@NBK Posted February 2, 2019 Share Posted February 2, 2019 8 minutes ago, Rajakeeyam said: Enthuku antha kashtam, donate 1000rs to PM Relief Fund, get tax exemption and take the same. Money+Punyam bonus. 5 lakhs (Assume 10 lakhs) above entha vunna Donate cheseyandi anattu vunnaru ga Link to comment Share on other sites More sharing options...
John Posted February 2, 2019 Share Posted February 2, 2019 9 minutes ago, Rajakeeyam said: Enthuku antha kashtam, donate 1000rs to PM Relief Fund, get tax exemption and take the same. Money+Punyam bonus. Yov Ddvude ledu inka punyam endi trash Link to comment Share on other sites More sharing options...
Rajakeeyam Posted February 2, 2019 Share Posted February 2, 2019 6 minutes ago, Raaz@NBK said: 5 lakhs (Assume 10 lakhs) above entha vunna Donate cheseyandi anattu vunnaru ga Analedhu ga Link to comment Share on other sites More sharing options...
JVC Posted February 2, 2019 Share Posted February 2, 2019 7 hours ago, Rajakeeyam said: Enthuku antha kashtam, donate 1000rs to PM Relief Fund, get tax exemption and take the same. Money+Punyam bonus. Inka nayam BJP ki party fund kinda icheyamanaledu. Veetine mari ...Gujju galla( paatha inupaa saaman ammukune) telivitetalu antaru Link to comment Share on other sites More sharing options...
sonykongara Posted February 2, 2019 Share Posted February 2, 2019 gujju thelivitetalu anedi dini ne Link to comment Share on other sites More sharing options...
KvrReddy Posted February 2, 2019 Share Posted February 2, 2019 17 minutes ago, sonykongara said: gujju thelivitetalu anedi dini ne Link to comment Share on other sites More sharing options...
sonykongara Posted February 2, 2019 Share Posted February 2, 2019 1000rs to PM Relief Fund ki donate chesina ,vadu 5lacs above slab lone untadu,ante vadu 2.5 lacs payina sampadichina dani ki mottam tax kattali. Link to comment Share on other sites More sharing options...
uravis Posted February 2, 2019 Share Posted February 2, 2019 17 minutes ago, sonykongara said: 1000rs to PM Relief Fund ki donate chesina ,vadu 5lacs above slab lone untadu,ante vadu 2.5 lacs payina sampadichina dani ki mottam tax kattali. Inka gujju jumla andariki ardam kala Link to comment Share on other sites More sharing options...
minion Posted February 2, 2019 Share Posted February 2, 2019 15 hours ago, katti said: Five lakh one thousand rupees earn chesina vadi kante five lakh earn chesinavadu ekkuva money intiki tesuku velatadu.... This only happens in India under Baffas... adenti? 5lk exemption andariki undada? doesn't make any sense. so if you make 5lk 1k ... you end up paying tax on the whole thing? Link to comment Share on other sites More sharing options...
baggie Posted February 2, 2019 Share Posted February 2, 2019 1 hour ago, minion said: adenti? 5lk exemption andariki undada? doesn't make any sense. so if you make 5lk 1k ... you end up paying tax on the whole thing? sounds absurd to me....aa 5 lakhs base amount varaku evariki tax unda kudadu ga Link to comment Share on other sites More sharing options...
minion Posted February 2, 2019 Share Posted February 2, 2019 6 minutes ago, baggie said: sounds absurd to me....aa 5 lakhs base amount varaku evariki tax unda kudadu ga that's what I thought. that's how tax brackets work. Link to comment Share on other sites More sharing options...
minion Posted February 2, 2019 Share Posted February 2, 2019 16 hours ago, Rajakeeyam said: Enthuku antha kashtam, donate 1000rs to PM Relief Fund, get tax exemption and take the same. Money+Punyam bonus. you got to be kidding me Not that I wouldn't contribute to charity ... just not to boooodi fund. Link to comment Share on other sites More sharing options...
minion Posted February 2, 2019 Share Posted February 2, 2019 16 hours ago, John said: Yov Ddvude ledu inka punyam endi trash thelivainavadivi ... sukshmam grahimchav punyam ledu ... but there are some we can help ... without thinking about punyam ... think of it as 'compassion' Link to comment Share on other sites More sharing options...
Rajakeeyam Posted February 2, 2019 Share Posted February 2, 2019 1 hour ago, minion said: adenti? 5lk exemption andariki undada? doesn't make any sense. so if you make 5lk 1k ... you end up paying tax on the whole thing? They didn't change tax slabs as it's an interim budget, but proposed rebate option. So after filing tax people earning under 5L can get their tax back. People earning more can also invest in savings and insurance to get it under 5L after deductions can also get relief as well. Link to comment Share on other sites More sharing options...
minion Posted February 2, 2019 Share Posted February 2, 2019 12 minutes ago, Rajakeeyam said: They didn't change tax slabs as it's an interim budget, but proposed rebate option. So after filing tax people earning under 5L can get their tax back. People earning more can also invest in savings and insurance to get it under 5L after deductions can also get relief as well. question is ... is the tax rate progressive. I'm not talking about deductions. If someone earns 5lk+1k ... does he/she pay tax on the the whole 5,01,000 or just 1000 and get exemption for the first 5lk? That's the question. If its the former ... its just moronic ... I cannot even imagine how bad it is ... (I wouldn't be surprised though, from what I saw of how bjp wants to tax few other things) Link to comment Share on other sites More sharing options...
swarnandhra Posted February 2, 2019 Share Posted February 2, 2019 29 minutes ago, minion said: If its the former ... its just moronic ... I cannot even imagine how bad it is ... (I wouldn't be surprised though, from what I saw of how bjp wants to tax few other things) it's the former. That is the krux of this thread. Link to comment Share on other sites More sharing options...
Rajakeeyam Posted February 2, 2019 Share Posted February 2, 2019 1 hour ago, minion said: question is ... is the tax rate progressive. I'm not talking about deductions. If someone earns 5lk+1k ... does he/she pay tax on the the whole 5,01,000 or just 1000 and get exemption for the first 5lk? That's the question. If its the former ... its just moronic ... I cannot even imagine how bad it is ... (I wouldn't be surprised though, from what I saw of how bjp wants to tax few other things) Tax slabs didn't change since its an interim budget, govt. providing the tax money back as rebate option upto 5L taxable income. It benefits 3 cr people and can benefit more if they use deductions. Deentlo ardham kakapotaniki emi undhi. Since standard deduction is 50k so zero tax till 5.5L, so my suggestion of donating also doesn't arise. Link to comment Share on other sites More sharing options...
minion Posted February 2, 2019 Share Posted February 2, 2019 4 minutes ago, swarnandhra said: it's the former. That is the krux of this thread. yikes. Link to comment Share on other sites More sharing options...
katti Posted February 3, 2019 Author Share Posted February 3, 2019 5 hours ago, Rajakeeyam said: Since standard deduction is 50k so zero tax till 5.5L, so my suggestion of donating also doesn't arise. keep it simple bro... what is the tax for a person who earns Rs510,000 without any other deductions and what is the tax for a person who earns Rs500,000? deductions ani edhedo cheppi confuse cheyyatam why? not everyone will take all the deductions mentioned... Link to comment Share on other sites More sharing options...
PHANI_NTR Posted February 3, 2019 Share Posted February 3, 2019 Shh modi entha pani chesav chesidi tinnaga cheyaka gujji buddi chincharu ga Link to comment Share on other sites More sharing options...
Suresh_Ongole Posted February 3, 2019 Share Posted February 3, 2019 7 hours ago, minion said: question is ... is the tax rate progressive. I'm not talking about deductions. If someone earns 5lk+1k ... does he/she pay tax on the the whole 5,01,000 or just 1000 and get exemption for the first 5lk? That's the question. If its the former ... its just moronic ... I cannot even imagine how bad it is ... (I wouldn't be surprised though, from what I saw of how bjp wants to tax few other things) Yes if you earn 5lk+1kyou have to pay 20% taX. Link to comment Share on other sites More sharing options...
Suresh_Ongole Posted February 3, 2019 Share Posted February 3, 2019 7 hours ago, Rajakeeyam said: They didn't change tax slabs as it's an interim budget, but proposed rebate option. So after filing tax people earning under 5L can get their tax back. People earning more can also invest in savings and insurance to get it under 5L after deductions can also get relief as well. Then that can give same rebate for morethan 5lk kada bro. Its really painfull situation when a person getting more salary than him even his earnings morethan opponent. Link to comment Share on other sites More sharing options...
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