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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

Petrol Should Be under GST or VAT and Excise ⁉️ 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

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

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

First platform fee was introduced and now even the government wants a cut. Why should I pay the government if I am already paying taxes on food? Wasooli bhai hai kya ye log? Karnataka govt needs a reality check.

Idea for you implement now So guy's we all know that Indian petrol prices are so high and sometimes petrol pump owner scam you . Sometimes you You need petrol in emergency or you don't have enough money to take petrol and most people face problems

Did you guys ever wondered? In India we pay most of the taxes and get nothing on return?. Eg: Let's assume a family earns 1.5 lac per month. And they buy groceries 20k enjoyment 10k Children's study 20k (both) Rent 15-20k (depends) Tax - 30% exc

Arey Mubarak Ho aapki lottery lagi hai, woh bhi 1cr kii!! We call this transfer payment in economics, it means the income that a person gets without providing service/goods. We all know that all of our income is calculated in national income irrespe

I think next civil war in India happens because of tax . We are facing this huge problem since 1947 and every government force only middle class people's for tax . According to reports only 3.5% people in India paying tax and other are just enjoying

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?