Hey I am on Medialย โขย 9m
Plain popcorn: 5% GST. Salted popcorn: 12% GST. Caramel popcorn: 18% GST. This is the state of taxation in India! As a tech business owner, how can we thrive in an environment with such irrational policies? India is already ranked 1st worldwide for collecting exorbitant taxes. No wonder leaders like Ambani are opening offices in Singapore to escape this burden. For a middle-class individual, itโs even worse: - Pay income tax (ITR) on your salary. - Use the remaining income to buy goods/services and pay GST. - Tax on education, healthcare, insuranceโalmost everything! How is this sustainable? Taxation should be reasonable and fair, not an endless cycle of burden. Think, Bharat. Think, India. Letโs push for policies that empower us to grow. ๐ก๐ฎ๐ณ #ReduceGST #FairTaxation #EconomicReforms #Modi #NirmalaSitharaman #Entrepreneurship #MiddleClassIndia @narendramodi @nsitharamanoffc @startupindia @dippgoi @mygovindia @FinMinIndia @RBI @NITIAayog
Start loving figures...ย โขย 9m
Is India Taxing Too Much Fun? (POPCORN TAX) Indiaโs tax system has gone global thanks to the popcorn taxation buzz. While weโve made strides with reforms like GST and corporate tax cuts, quirky rules and compliance hurdles can sometimes leave foreig
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E-Cell, IIT Bombayย โขย 10m
Mehnat ki kamai par moti rakam maangte hue pakadi gyi ๐ ( Caught demanding huge amount for hard earned money) Tax -Treatment of popcorn ๐ฟ The Goods and Services Tax (GST) Council, chaired by the finance minister and including state representative
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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
See MoreChartered 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
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New Property Taxation Scenarios: 1) Modest Gains, High Burden 2004 Buy Price: โน50 lakh 2024 Sell Price: โน1.6 crore Old Taxation: โน7,339 New Taxation: โน13.75 lakh Your tax liability jumps from โน7,339 to โน13.75 lakh!!! 2) Moderate Gains, Heavier Lo
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During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker regarding the heavy taxation regime in India. A video of Sitharaman facing criticism from a stock market broker has gone viral.
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Faad Networkย โขย 1m
Why are the latest GST reforms being rightly called the Next Gen GST reforms for Startups and MSMEs? Here's why. โฌ๏ธ In 2017, the government rolled multiple taxes (excise, VAT, service tax, entry tax, etc.) on differentiated products into "One Natio
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Hello Everyone, What do you think, India will be the next destination for startups because government is coming with some great policies for startups , let's take example of GIFT city where startups have 0% GST and first 10 years no tax for Startups.
See MoreTech guy with a busi...ย โขย 8d
Petrol analysis: Pricing Patterns: Petrol varies from โน82.46 (Andaman) to โน109.46 (Andhra), driven by state VAT, not crude ($60/barrel). Taxes (50-60% of price) dominate. Consumer Behavior: High prices in Andhra/Kerala suggest reduced travel, boost
See MoreHistory always repea...ย โขย 10m
๐ Leave India, where they even tax your popcorn โ statement from a startup founder has sparked a lot of aggressive discussions ๐ฌ ๐ The founder, who returned to India after studying at top institutes in the U.S., set up a business employing 30 pe
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