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In India, taxes like income tax are really high, but the public services don't seem to match. My suggestion: If someone pays ā¹5 crore in tax, the govt should tell them, 'Instead of paying us, invest that money in your local areaābuild roads, schools, hospitals, or support a charity that solves community problems.' The spending and results should be transparent, and the public can track it online. This way, taxes contribute directly to development, and taxpayers get the appreciation they deserve. #TaxForDevelopment #BetterIndia
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š” Did you know that only 5ā6% of Indians actually pay income tax? Of the 7.4 crore returns filed in 2022ā23, nearly 70% had zero tax liability. That leaves a thin slice of the population, mostly salaried middle class professionals who are bearing t
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Chartered AccountantĀ ā¢Ā 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
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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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šø25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modiās government in its third term, a
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Try it!!!Ā ā¢Ā 7m
"š£ļø "How Much More Will You Squeeze Us?" I shopped for essentials. Bill: ā¹5,914.36 Tax: ā¹831.02 Yes, ā¹831 just in GST ā for daily items, not luxury. Now imagine millions paying this every day. That's crores collected silently, constantly. š” Pay
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