🚨Amazon India reported operating revenue of about ₹222 billion , which was a significant increase from 2021 & 2022 (₹214.62 each year) ₹187 billion directly from marketplace services in 2022.
❓Why is it still not postive in profitability after offe
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Varun Bhatia
•
My Student Club • 9m
The reason might be they don't want to show profits, they would pay royalty and other charges in different names to the parent company where they will have to pay less taxes while Indian tax rates are quite high.
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Chamarti Sreekar
Passionate about Pos... • 25d
For a 1 crore income,
A farmer pays zero taxes.
A street vendor pays zero taxes.
A corporate pays 25L on profits.
A salaried employee pays 31L tax on income.
When will everyone pay their fair share of taxes?
any ideas how can it be fixed?
Nike's $4 Billion Tax Scam
Nike has 2 companies:
1. 🇳🇱Netherlands - sells products, pays employees.
2. 🇧🇲Bermuda - has zero employees, but owns the Swoosh logo.
Every time Nike sells a product, the Dutch company pays a royalty fee to Bermuda
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Gokul sai ATTULURI
•
Audisankara College of Engineering and Technology • 11m
Can anyone explain these to me we buy car and pay taxes on it and also pay toll tax on it and again use petrol which is taxed why are we paying these? Can anyone explain.
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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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
There exists a market whose value is estimated to range between 20% to 30% of India's GDP.
Yes, I am talking about the Black market (it refers to illegal trade and transactions that occur mainly to Avoid taxes or to trade illegal goods.)
But do you
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Chamarti Sreekar
Passionate about Pos... • 16d
Why should you pay gst and sgst on service charges? That is illegal. If you are not happy why should you agree to pay service charges?
I see they got cheated.. Tax should be on bill.. which means 1214 * 5% which 60.70 but they added gst on service c
The Institute of Chartered Accountants of India • 4m
How to save Taxes!!! iykiyk -- Part 1.
Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares.
as Debt is charged against profits and interest is deducted before imposing tax rate.
Also, Be sure that the ROI is higher tha
Summary of action points Before March 31, 2025
✔ Review tax-saving investments.
✔ Pay pending taxes/advance tax.
✔ Submit investment proofs to employer (if salaried).
✔ Plan capital gains/losses for tax efficiency.
✔ Update financial records for the
Many of you have know that only less than 5% population in india, pays taxes. But there is reason for it. According to this economic times report, only 1.8 crore people earn more than 5 lakhs annually (~2%). And if you earn less than 5 lakhs, you leg
