heyyy guys
I have one of the best idea
The idea is in day to day life people face lot of problems about smartphone addiction
so i will create such a app for solve this problem but I don't have funding for build this plan anyone interested then T
govt tax is about 18 to 28% in online gaming earning, this reduces the profit amount both for platform and player so will be a difficult deal to sustain in this area
Taxes on IPL tournaments: ZERO %
Taxes on Research & Development: 18 %
Tax on IPL tickets for common people 18% + GST
28% + Entertainment Tax
Shows the messed-up priorities in this country !
Taxpayer earns ₹1 → Govt takes 31.2%.
He buys a product → Add 5 to 28% GST.
Spends on fuel → 50% tax.
Saves money → Taxed again.
But no, he’s not oppressed.
6 replies21 likes
CA Dipika Pathak
Partner at D P S A &... • 1y
Continue-Tax and Accounting Compliance within the Online Gaming Sphere!!
Value of supply of online gaming including online money gaming
Value =Total paid or payable to or deposited with the supplier by way of money or money's worth, including virtu
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2 replies6 likes
Hiral Jain
Content writer • 1y
Greetings everyone!
Let's learn about our tax system!
The Indian tax system is divided into two categories: Direct (income tax) and Indirect (GST)it's an unfair tax tbh.
It's because everyone pays the same tax regardless of their income. For example
India's gaming industry is booming as internet and smartphone usage rises. Many middle-class students want to play console games but can't afford them, so gaming cafes are becoming popular. This trend attracts investments, making India a major player
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13 replies18 likes
Nawal
Entrepreneur | Build... • 1m
Come on, just stop already - 🔥
Deeptech takes years to build, and here Indian VC give 10 mins to pitch. They don't understand the essence of R&D and want immediate results. No one wish to spend on R&D. So companies like Swiggy, Zomato fly but DeepT
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4 replies8 likes
Tarun Suthar
•
The Institute of Chartered Accountants of India • 1m
30+ Strategies How Billionaires Avoid Taxes.
🚀
1. Double Irish with a Dutch Sandwich
2. Tax Haven Residency
3. Offshore Shell Companies
4. Trust Funds
5. Carried Interest Loophole
6. Capital Gains Tax Rate
7. Intellectual Property Rights Shifts
8.
In India, taxes like income tax are really high, but the public services don't seem to match. My suggestion: If someone pays ₹5 crore in tax, the govt should tell them, 'Instead of paying us, invest that money in your local area—build roads, schools,
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9 replies4 likes
CA Dipika Pathak
Partner at D P S A &... • 1y
Tax and Accounting Compliance within the Online Gaming Sphere!!
How it Started in CGST ACT
➡SCHEDULE III of the CGST Act contains “Activities or Transactions which shall be treated neither as a Supply of Goods nor a Supply of Services”
#Old Para 6
Govt wants to uplift people from poverty to middle class.
Actual Meaning: Govt wants more tax paying people while the current tax paying people can keep paying.
Actual result: Middle class people can keep working like donkeys for the rest of thei