What’s happening here why 28% GST on two wheelers and cements.Even drinking water has 18% 🤦♂️Now affording bikes and building homes will get expensive what Will middle class people do.Seriously I don’t know why is this happening
Udyamee
Stealth • 6m
Sad life. This is why India has such a low number of people paying taxes; the government takes too much in the form of GST.😔
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.
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.
3 replies7 likes
Mahendra Lochhab
Stealth • 4m
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 replies6 likes
Ashutosh Mishra
Stealth • 8m
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
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?
9 replies3 likes
Mahendra Lochhab
Stealth • 2m
The government is looking to increase the number of airports in India to 350 by 2047.
33+ Years of experience but at the end of the day Sharma ji chooses USA ( Space X ) for High paying salary and good life .
0 replies3 likes
Mr Z
Stealth • 7m
One interesting fact- employees are paid salary firstly in the starting of the month , and owners will get money which is leftover after paying salaries to employees and after paying all the taxes, interests etc.
And still after that owners are rich
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3 replies8 likes
Joydeep Roy
Stealth • 3m
Can anyone tell if private label brand building for cosmetic products needs any type of licence or registration? Only what I know is a trademark and GST number is required.