The Indian government should stop over-emphasizing on imposition of taxes and put some efforts in providing basic amenities first.
Too many amendments which are making us evolving,BACKWARDS.
I mean what the hell is this??
Iam truly offended as a CA
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 !
๐คฃ What's your reaction if suddenly Nirmala Sitharaman remove all the tax and just ask for 5% gst ?
What Gift ๐ you will give ?
3 replies2 likes
Mahendra Lochhab
Content creatorย โขย 9m
"GST to be charged on petrol but it can happen only if states agree to put them under GST"
FM Nirmala Sitharama
0 replies4 likes
mg
News & updatesย โขย 15d
Taxpayer earns โน1 โ Govt takes 31.2%.
He buys a product โ Add 5 to 28% GST.
Spends on fuel โ 50% tax.
Saves money โ Taxed again.
But no, heโs not oppressed.
๐คฃFew people's watching nirmala Sitharaman ji memes while eating popcorn ๐ฟ now Nirmala ji imposed tax on popcorn so now tell me Who is wrong in that case ?
3 replies4 likes
Ashutosh Mishra
Chartered Accountantย โขย 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
FM Nirmala Sitharaman announces import duty exemption on parts needed to make EV batteries, phones!
The government will exempt import duty on 35 items used to make EV batteries and 28 items used in mobile phone manufacturing.
If this thing happens then middle class get so much advantages ๐คฏ๐คฏ
Example - Calculation (For Petrol)
Base Price: โน50 per liter
Dealer Commission: โน3 per liter
GST (28%): On base price + dealer commission, i.e., 28% of (โน50 + โน3) = โน14.84Total P