We are slowly moving towards a system of 30% taxation on capital gains.
[1] A lot of retail folks used to enjoy the indexation benefits on Debt mutual Funds.
This was taken away in 2023.
Rational? Well, Equities have no indexation-- why should
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Tarun Suthar
ย โขย
The Institute of Chartered Accountants of Indiaย โขย 1y
poor people pay high taxes and rich people pay close to no tax.
0 replies1 like
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mg
News & updatesย โขย 15h
How the rich pay less taxes
2 replies8 likes
Sheiden Borges
Entrepreneur | E-com...ย โขย 2m
what poor and middle class do is:-
1. earn
2. pay taxes
3. spend
What risch do:-
1. earn
2. spend
3. pay taxes
0 replies5 likes
Ashutosh Mishra
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
Audisankara College of Engineering and Technologyย โขย 11m
Can anyone explain these to me we buy car and pay taxes on it and also pay toll tax on it and again use petrol which is taxed why are we paying these? Can anyone explain.
4 replies2 likes
Vishu Bheda
ย โขย
Medialย โขย 7m
Rich people buy time.
Poor people buy stuff.
Ambitious people buy skills.
Lazy people buy distraction.
1 replies9 likes
Chamarti Sreekar
Passionate about Pos...ย โขย 14d
Taxes on IPL tournaments: ZERO %
Taxes on Research & Development: 18 %
Tax on IPL tickets for common people 18% + GST
28% + Entertainment Tax
Shows the messed-up priorities in this country !
Hello friends today I thought India is poor country than I thought any poor people help me but my condition is bad many people help in poor so please help 9351812817 phone pay Paytm Google pay number I promise only poor people e
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
I don't know much about recent tax payment for business and rich people but I have recently started to see in media platform complain about rich people leaving the country. Can anyone explain what was the problem?
