Post on Medial

Doubt: Let's suppose that I run an online store that sells decoration lights via Instagram and generates 10lakhs In a year, Will this amount be taxable? Should I get Gst no of my own? As I'm still 16. Can anyone also tell me how to sell products on

See More
Anonymous

Anonymous 1

StealthĀ ā€¢Ā 5m

My view is that If you put that amount on your parent's account then it will be shown as their income and taxable ,for GST no. the amount must be above 20 lpa. You may watch any video on utube to start your shop over amazon

1 replies1 like
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Hiral Jain

StealthĀ ā€¢Ā 5m

Doubt: Let's suppose that I run an online store that sells decoration lights via Instagram and generates 10lakhs In a year, Will this amount be taxable? Should I get Gst no of my own? As I'm still 16. Can anyone also tell me how to sell products on

See More
5 replies2 likes

Mr Z

StealthĀ ā€¢Ā 7m

Give me one reason why Agriculture income above certain limit, say Rs 25 lakhs, should not be taxed?

0 replies4 likes

Mr Z

StealthĀ ā€¢Ā 6m

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
0 replies7 likes
Anonymous

Often when going to small shops in around localities I notice that they give handwritten bills Idea: Payment apps can have a feature for MSMEs to automatically send - digital - customisable bills to customers with clear shop name - Product detai

See More
0 replies4 likes
Image Description
Image Description

Adithyan Selvaraj

StealthĀ ā€¢Ā 6m

What are all the mandatory things needs to be considered while registering a private limited company? ( RoC, GST, Current Bank Account) Please mention other than the above things that are mandatory for the newly forming company.

20 replies9 likes
1
Image Description
Image Description

Hiral Jain

StealthĀ ā€¢Ā 6m

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
15 replies11 likes
7

PRATHAM

Ā ā€¢Ā 

MedialĀ ā€¢Ā 4m

Petrol Should Be under GST or VAT and Excise ā‰ļø Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex

See More
0 replies8 likes
Image Description
Image Description

Havish Gupta

StealthĀ ā€¢Ā 8m

Bye Bye Truecaller šŸ™‹šŸ»ā€ā™‚ļøšŸ™‹šŸ»ā€ā™‚ļø Government of India has asked the network providers to display the name of the caller for unknown numbers. The names which were used while registration will be used to show like aadhar card. And for companies (aka s

See More
16 replies30 likes
Image Description

Ayush Shrestha

StealthĀ ā€¢Ā 6m

How is the idea of making a cloud platform where seller can make a store similar like Flipkart and Amazon and could also track their sales without any extra charges . The income from the platform would be front the ads will be shown in the product pa

See More
4 replies2 likes

K

StealthĀ ā€¢Ā 6m

Income Tax Return Filing When tax liability rises due to the receipt of arrears or additional payments, it typically happens because these amounts are added to the individualā€™s total income for the current financial year. This increase in incom

See More
0 replies5 likes

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