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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, itās even worse: - Pay income tax (ITR) on your salary. - Use the remaining income to buy goods/services and pay GST. - Tax on education, healthcare, insuranceāalmost everything! How is this sustainable? Taxation should be reasonable and fair, not an endless cycle of burden. Think, Bharat. Think, India. Letās push for policies that empower us to grow. š”š®š³ #ReduceGST #FairTaxation #EconomicReforms #Modi #NirmalaSitharaman #Entrepreneurship #MiddleClassIndia @narendramodi @nsitharamanoffc @startupindia @dippgoi @mygovindia @FinMinIndia @RBI @NITIAayog
Start loving figures...Ā ā¢Ā 6m
Is India Taxing Too Much Fun? (POPCORN TAX) Indiaās tax system has gone global thanks to the popcorn taxation buzz. While weāve made strides with reforms like GST and corporate tax cuts, quirky rules and compliance hurdles can sometimes leave foreig
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Mehnat ki kamai par moti rakam maangte hue pakadi gyi š ( Caught demanding huge amount for hard earned money) Tax -Treatment of popcorn šæ 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
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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: ā¹50 lakh 2024 Sell Price: ā¹1.6 crore Old Taxation: ā¹7,339 New Taxation: ā¹13.75 lakh Your tax liability jumps from ā¹7,339 to ā¹13.75 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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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.
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š Leave India, where they even tax your popcorn ā statement from a startup founder has sparked a lot of aggressive discussions š¬ š 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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š„šļø BJP announced No Tax On businesses and startups Upto 2 Crores turnover š°š®š³š ā¢ Presumptive Taxation ( Section 44AD ) For Small Businesses: Individuals, HUFs, and partnership firms (except LLPs) can opt. 1= Taxable Income Presumed: ⢠8% o
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Preparing My Tech Startup for Production Release ā Need Guidance I'm gearing up for the production release of my tech startup and need some guidance on a few key areas: Company Registration: How did you get your company registered? What steps did y
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