Even EdTech companies are finding it difficult to grow while gambling companies are tripling their revenue!
And the best part, it is profitable with ā¹100 crore+ profit
Any Idea on why online gambling has 28% GST? Those sectors are being killed in the name of taxes.Would You do a startup in such sectors with higher taxes?
9 replies3 likes
Aditya Sahu
StealthĀ ā¢Ā 24d
carbonated drinks pe gst hai 40% 28% gst and 12% cess and isme 28% ko 35% karne ka soch rhi hai government mai ek startup start karne ka soch raha tha drinks me jo ye tha ki mai mocktail ki 20 rs ki bottle per consumers ko dena ka soch raha tha lekin
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4 replies3 likes
Vishu Bheda
StealthĀ ā¢Ā 9m
What if there was 0% GST in India?š¤
But first, what is GST?š¶
It was introduced in 2017. It replaced taxes and aimed at creating a single national market.
GST rates vary from 0% to 28%, depending on the product or service.
If this thing happens then middle class get so much advantages š¤Æš¤Æ
Example - Calculation (For Petrol)
Base Price: ā¹50 per liter
Dealer Commission: ā¹3 per liter
GST (28%): On base price + dealer commission, i.e., 28% of (ā¹50 + ā¹3) = ā¹14.84Total P
If I start a gambling application( which is based on game of skill ) what types of licence I need and gst & tds between client and Admin ammont distribution can anyone explain
8 replies3 likes
Kolkata Index
Ā ā¢Ā
West Bengal TourismĀ ā¢Ā 2m
BIG NEWS!!!
STATE GOVERNMENT has submitted a proposal for New City.
Central Government's 15th Finance Commission will fund a total of ā¹8000 crores to 8 cities.
28 proposals have been received from 23 States
And West Bengal has submitted the name- B
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0 replies1 like
Ashutosh Mishra
StealthĀ ā¢Ā 10m
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
Whatās happening here why 28% GST on two wheelers and cements.Even drinking water has 18% š¤¦āāļøNow affording bikes and building homes will get expensive what Will middle class people do.Seriously I donāt know why is this happening
Indian stock market has reached a 7-month low.
Along with this, the total value of the stock market has also come below $5 tn for the first time in 7 months.
The total value of the Indian stock market was $5.7 tn on September 27, 2024, which came d
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5 replies4 likes
Deep Kajale
StealthĀ ā¢Ā 3m
Me: how much for the kurkure?
Shopkeeper: 20 only/-
Me: sent ā¹2,021 inr on your scanner!
Shopkeeper: sent ā¹2,001 inr back!
Government crying in the corner for 18% GST