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by ta_vf7xjd34cc
805 days ago
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Under the new tax regime, individual income up to ₹750,000 is tax free due to a combination of standard deduction and 87A. Given that many small businesses often accept UPI payments in multiple names (husband, wife, mother etc), a small family can actually manage ₹1,500,000-3,000,000 in (legitimate) tax free income. That is about $18-36,000. Which is a lot in India. |
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