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Even EdTech companies are finding it difficult to grow while gambling companies are tripling their revenue! And the best part, it is profitable with ₹100 crore+ profit

Jaswanth Jegan

Stealth • 8m

Government makes more money than those platforms GST on online gambling is 28% on the total bet value🤷🏻‍♂️😂

2 replies2 likes
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Jaswanth Jegan

Stealth • 7m

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

Vishu Bheda

Stealth • 8m

What if there was 0% GST in India?🤔 But first, what is GST?😶 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.

0 replies4 likes
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Anonymous
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If this thing happens then middle class get so much advantages 🤯🤯 Example - Calculation (For Petrol) Base Price: ₹50 per liter Dealer Commission: ₹3 per liter GST (28%): On base price + dealer commission, i.e., 28% of (₹50 + ₹3) = ₹14.84Total P

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Tanuj Singh

Stealth • 17d

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

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BIG NEWS!!! STATE GOVERNMENT has submitted a proposal for New City. Central Government's 15th Finance Commission will fund a total of ₹8000 crores to 8 cities. 28 proposals have been received from 23 States And West Bengal has submitted the name- B

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Ashutosh Mishra

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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

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Jaswanth Jegan

Stealth • 7m

What’s happening here why 28% GST on two wheelers and cements.Even drinking water has 18% 🤦‍♂️Now affording bikes and building homes will get expensive what Will middle class people do.Seriously I don’t know why is this happening

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Deep Kajale

Stealth • 2m

Me: how much for the kurkure? Shopkeeper: 20 only/- Me: sent ₹2,021 inr on your scanner! Shopkeeper: sent ₹2,001 inr back! Government crying in the corner for 18% GST

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Mahendra Lochhab

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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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Anonymous
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What documents and licenses are required to start an online business in the hair health( cosmetic Niche) and is a government license or GST registration necessary for selling on marketplaces?

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