HOW GOVERNMENT OF INDIA EARNS ITS 100 RUPEES
Based on Earnings from different departments
₹27 - Borrowings & other liabilities
₹19 - Income Tax
₹18 - GST & Other Taxes
₹17 - Corporate Tax
₹9 - Non-Tax Receipts
₹5 - Union Excise Duties
₹4 - Cus
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0 replies8 likes
Vishu Bheda
Transforming vision ... • 11m
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
😅 Bjp government is on fire 🔥
• No income tax 💰
• Less toll tax 🚗
• Huge economic activities 🚀
• 10 Thousand crores for entrepreneurs 🧑🏫
9 replies7 likes
Dinesh Babu
Hey I am on Medial • 7m
HOW CAN WE INCREASE THE SPENDING POWER OF INDIAN MIDDLE CLASS ?
MY OPINION
" REMOVE INCOME TAX , SO PEOPLE WILL HAVE EXTRA MONEY TO SPEND. AND GOVERNMENT WILL EARN MORE IN GST AND OTHERS IF PEOPLE SPEND AND INVEST THAT EXTRA MONEY MONEY
1 replies3 likes
Hiral Jain
Content writer • 11m
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
Looking for a sound and logical CA or relevant qualified person.I need some guidance over income tax on foreign income and GST charges for a single person service provider.
The Finance Ministry has dismissed reports suggesting that the government is considering imposing Goods and Services Tax (GST) on UPI transactions exceeding INR 2,000.
In an official statement, the ministry clarified, “The claims that the government
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0 replies19 likes
Mahendra Lochhab
Content creator • 5m
The central government has collected GST of ₹ 1.82 lakh crore in November 2024.
This GST collection is 8.5% more than the GST collection in November last year.
In November 2023, the government has collected GST of ₹ 1.68 lakh crore.