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"GST to be charged on petrol but it can happen only if states agree to put them under GST" FM Nirmala Sitharama

Petrol analysis: Pricing Patterns: Petrol varies from ₹82.46 (Andaman) to ₹109.46 (Andhra), driven by state VAT, not crude ($60/barrel). Taxes (50-60% of price) dominate. Consumer Behavior: High prices in Andhra/Kerala suggest reduced travel, boost

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

Most important financial news of this week related to Indian Economy. ¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year. ¶° India’s infrastructure output ros

Hello Entrepreneurs, I am here to discuss and validate whether you will use something like an application which can help you with filing monthly GST and Yearly ITR along with providing you with insights on your financial modelling and financial liter

Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods

Govt did right by hiking excise duty on petrol and diesel, for now 🙏🙏 No offence to anybody, but this will only make sense to ones who weigh context over emotions. Those who read my work regularly would know, I am no fan of the present Govt. So,

What If the USA Filed for Bankruptcy Today? If the United States declared bankruptcy today, the immediate effect would be catastrophic. The value of the U.S. dollar would plummet, triggering a global financial crisis. Banks worldwide would face inso

😨 The largest Chinese developer, Evergrande, has filed for bankruptcy in the United States. Everyone has been expecting this since 2021, but it happened unexpectedly. The company's total debt is approximately 2% of China's GDP, which is $340 billi

The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, introduces significant reforms aimed at stimulating economic growth and providing relief to the middle class. Key highlights include: Income Tax Reforms: Revised Tax Slab