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Professional Tax

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For the financial year starting April 1, 2025, specified professionals earning up to 75 lakh rupees can pay zero tax on a 24 lakh rupee income by utilizing Section 44ADA, which allows taxation on 50% of income, making 12 lakh taxable, which then falls under the tax-exempt limit.
"So first of all if you are a professional and if you are earning a 24 lakh rupees you will pay zero ..."
Finance With Sharan Finance With Sh...
Jun 2, 2025
Incorrect
The Ultimate Indian ...