🚨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
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My Student Club • 3m
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.
0 replies1 like
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Gokul sai ATTULURI
•
Audisankara College of Engineering and Technology • 6m
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.
4 replies2 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
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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1 replies11 likes
Havish Gupta
Stealth • 10m
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
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6 replies18 likes
Avnish Singh
Stealth • 5m
Any CA here how much is tax to pay on 30 lpa salary
0 replies2 likes
Mr Z
Stealth • 7m
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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0 replies7 likes
CA Dipika Pathak
Stealth • 4m
Here’s a real- lesson from July 2024: Many salaried employees, while filing their ITR, realized too late that they had missed out on crucial tax planning and investment opportunities because the financial year had already closed.
Don’t let this hap
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0 replies5 likes
Ashutosh Mishra
Stealth • 5m
Income Tax Old Regime vs New Regime
All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.
1 replies5 likes
Sameer Patel
Stealth • 7m
Financial knowledge
Indian Tax slabs
Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown:
1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
Greetings everyone! So in a previous post, I spoke about the tax system let's take a deep dive into it!
India follows a progressive taxation system, i.e. tax is imposed on their income, but this isn't fair, especially for paid employees!
It's becau
