Back

Soumyadip Dey

Hesitation is Defeat... • 1y

It has both good and bad sides. Everyone knows about how easy it becomes to file tax with GST than previous tax processes. But more importantly, for a consumption surplus state it's a blessing and for a production surplus state it's a curse.

Reply
1

More like this

Recommendations from Medial

Image Description

Ashutosh Mishra

Chartered Accountant • 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 More
2 Replies
2
6
Image Description

PRATHAM

Experimenting On lea... • 21d

Taxes like Remittance Tax can be easily avoided using crypto once Crypto is accepted for basic payments. It's a boon for us and a curse for the government ( the same government who doesn't utilise the taxes efficiently ) What's Your Thought on th

See More
Reply
6
1

Vishu Bheda

AI did the magic • 1y

What's a scam that's so normalized that we don't even realize it's a scam anymore? Me- Taxes. Once you tax the income, why is there a tax again in the name of GST? Whatever the shop / company earns they can give it as income tax. This approach n

See More
Reply
9
Image Description
Image Description

Hiral Jain

Content writer • 1y

Greetings everyone! Let's learn about our tax system! The Indian tax system is divided into two categories: Direct (income tax) and Indirect (GST)it's an unfair tax tbh. It's because everyone pays the same tax regardless of their income. For example

See More
16 Replies
7
11
Image Description
Image Description

Shubham Patel

 • 

E-Cell, IIT Bombay • 7m

Mehnat ki kamai par moti rakam maangte hue pakadi gyi 😅( Caught demanding huge amount for hard earned money) Tax -Treatment of popcorn 🍿 The Goods and Services Tax (GST) Council, chaired by the finance minister and including state representative

See More
7 Replies
2
15
Image Description
Image Description

lohith pasunuri

Try it!!! • 8d

"🗣️ "How Much More Will You Squeeze Us?" I shopped for essentials. Bill: ₹5,914.36 Tax: ₹831.02 Yes, ₹831 just in GST — for daily items, not luxury. Now imagine millions paying this every day. That's crores collected silently, constantly. 💡 Pay

See More
4 Replies
22

CA Jasmeet Singh

In God We Trust, The... • 4m

📢 GST Registration for Companies – Everything You Need to Know! 🚀 Starting a company? One of the first legal steps is getting GST registration! ✅ It not only gives your business a legal identity but also opens doors to seamless tax compliance, inp

See More
Reply
1
5
Image Description
Image Description

Shubham Khandelwal

Software Engineer • 1y

GoI, Fin Min should reconsider GST Tax on ACs in India, it ain't luxury anymore. Its a basic requirement now when heatwaves are continuously hitting India.

7 Replies
12

AFFORDABLE TREND

The business should ... • 8m

Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods

See More
Reply
2

Download the medial app to read full posts, comements and news.