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Jaswanth Jegan

Founder-Hexpertify.c... • 1y

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?

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Online gaming companies indulge in betting and gambling, taxable at 28% GST: Indian Government.

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Chamarti Sreekar

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Taxes on IPL tournaments: ZERO % Taxes on Research & Development: 18 % Tax on IPL tickets for common people 18% + GST 28% + Entertainment Tax Shows the messed-up priorities in this country !

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Vishu Bheda

AI did the magic • 1y

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.

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Ashutosh Mishra

Chartered Accountant • 1y

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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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

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CA Dipika Pathak

Partner at D P S A &... • 1y

Tax and Accounting Compliance within the Online Gaming Sphere!! How it Started in CGST ACT ➡SCHEDULE III of the CGST Act contains “Activities or Transactions which shall be treated neither as a Supply of Goods nor a Supply of Services” #Old Para 6

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Vishu Bheda

AI did the magic • 1y

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

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Vamshi Yadav

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SucSEED Ventures • 3m

Between 2022 and 2024, the Indian government banned 1,298 online gaming platforms due to concerns regarding addiction, financial hazards, and non-payment of taxes. The Ministry of Electronics and Information Technology (MeitY) imposed stricter contro

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Vikash Kawalia

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ACs soon won't go below 20°C: India is set to introduce a new regulation that will prevent air conditioners from being set below 20°C or above 28°C, aiming to standardise cooling practices and promote energy efficiency nationwide. The Government of

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