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Being a salaried employee, though income is stable the income growth is limited which don't commensurate with the tax rate and cost of inflation & living!
This write-up is in the context of the old tax regime!
What’s the maximum tax deduction a salaried employee can avail?
Standard deduction—Rs.50,000
Only the standard deduction mentioned above, and a few other deductions mentioned below under section 10 of the Income Tax Act 1961 are exclusive for salaried employees. Other deductions mentioned in this write-up can be claimed by all individuals.
I thought consistency was important. Being a salaried employee, though income is stable the income growth is limited which don’t commensurate with the tax rate and cost of inflation & living! Of course, we have the next tax regime to rescue! Though the process of filing the return under the new tax regime is simple, the amount of tax paid isn’t!
Let’s not even get into the discussion of indirect tax! The worst part is there is no way to keep track of how much indirect tax one pays!
Well! After all my bank balance doesn’t reflect how much I earn! Thanks to the tax, the cost of inflation and the cost of living!
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UP Boards Topper Prachi Nigam was trolled on social media for her facial hair; our obsession with appearance is harsh on young minds.
Prachi Nigam’s photo has been doing the rounds on social media for the right reasons. Well, scratch that- I wish the above statement were true. This 15-year-old girl should ideally be revelling in her spectacular achievement of scoring a whopping 98.05% and topping her tenth-grade boards. But oddly enough, along with her marks, it’s something else that garners more attention – her facial hair.
While the trolls are driving themselves giddy by mocking this girl who hasn’t even completed her school yet, the ones who are taking her side are going one step ahead – they are sharing her photoshopped pictures, sans the facial hair, looking nothing less than a celebrity with captions saying – “Prachi Nigam, ten years later”.
Doctors have already diagnosed her with PCOD in their comments, based on photographic evidence. While we have names for people shamed for their weight – body shaming, for their skin colour- racism, for their age- age shaming, for being a female- sexism, this category of shaming where one faces criticism for their appearance has no name. With that, it also has zero shame attached to it.
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