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?
What if there was 0% GST in India?đ€
But first, what is GST?đ¶
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.
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 âïž
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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0 replies8 likes
CA Dipika Pathak
Partner at D P S A &... âąÂ 11m
Tax and Accounting Compliance within the Online Gaming Sphere!!
How it Started in CGST ACT
âĄSCHEDULE III of the CGST Act contains âActivities or Transactions which shall be treated neither as a Supply of Goods nor a Supply of Servicesâ
#Old Para 6
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
One Tax Policy: A New Era of Taxation in India?
What if income tax was the only tax you had to pay? A system where individuals pay a fixed percentage of their income as tax, and in return, they are exempt from all indirect taxes like GST and service
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0 replies1 like
Vamshi Yadav
 âąÂ
SucSEED Ventures âąÂ 11d
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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0 replies4 likes
Aryan Rajput
"Electric Mobility, ... âąÂ 2m
Revolutionizing Electric Mobility:
Tagline
"Badlo apni drive, badlo apna bhavishya"
Product Name
private !
Key Features
1. ATO Matic Charging technology
2. 10 din ki range
3. private Not share !
5. Sustainable, efficient, aur affordable
Marketin
Why Zomatoâs Name Change to "Eternal" is a Game-Changer!
Zomato is now Eternal Ltd, and hereâs why itâs a smart move:
â Beyond Food Delivery â Zomato isnât just about food anymore! With Blinkit (quick commerce), Hyperpure (restaurant supplies), a