Chartered Accountantย โขย 1y
GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr
See MoreHey I am on Medialย โขย 7m
One Tax Policy: A New Era of Taxation in India? What if income tax was the only tax you had to pay? A system where individuals pay a fixed percentage of their income as tax, and in return, they are exempt from all indirect taxes like GST and service
See MoreIn God We Trust, The...ย โขย 4m
Tax season got you sweating? ๐ Hereโs your survival kit: โ Organize receipts monthly (use apps like Expensify!). โ Track deductible expenses (yes, that home office counts!). โ Hire a CA who speaks โtaxโ fluentlyโ๐ DM me for a FREE tax checklist to
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Summary of action points Before March 31, 2025 โ Review tax-saving investments. โ Pay pending taxes/advance tax. โ Submit investment proofs to employer (if salaried). โ Plan capital gains/losses for tax efficiency. โ Update financial records for the
See MoreFiguring Outย โขย 1y
Many of you have know that only less than 5% population in india, pays taxes. But there is reason for it. According to this economic times report, only 1.8 crore people earn more than 5 lakhs annually (~2%). And if you earn less than 5 lakhs, you leg
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