A panipuri seller from Tamil Nadu received a GST notice after earning Rs 40 lakh in a year through online payments—just imagine how much they must have earned offline!
Many small vendors are making big money without paying any tax.
Time to start a
Digital India is a good initiative without it we can't develop, but the tax system isn't. The government should implement a system that ensures everyone, regardless of their profession, contributes their fair share through taxes.
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Hiral Jain
Stealth • 7m
Greetings everyone! So in a previous post, I spoke about the tax system let's take a deep dive into it!
India follows a progressive taxation system, i.e. tax is imposed on their income, but this isn't fair, especially for paid employees!
It's becau
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
In India, a country with a population of over 1.5 billion, content creation has become a ubiquitous profession. Regardless of their occupation - be it software engineer, teacher, government officer, or BPO sector employee - the majority of individual
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CA Dipika Pathak
Stealth • 4m
Here’s a real- lesson from July 2024: Many salaried employees, while filing their ITR, realized too late that they had missed out on crucial tax planning and investment opportunities because the financial year had already closed.
Don’t let this hap
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Aakash kashyap
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The UK's Overseas Territories Lead the Charge in Global Tax Havens – British Influence Dominates the Corporate Tax Haven Landscape in 2024
🤯
(A tax haven is a country or jurisdiction that offers low or no taxes, minimal financial transparency, an
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Ashutosh Mishra
Stealth • 6m
Income Tax Old Regime vs New Regime
All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.
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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Sanskar
Stealth • 5m
There exists a market whose value is estimated to range between 20% to 30% of India's GDP.
Yes, I am talking about the Black market (it refers to illegal trade and transactions that occur mainly to Avoid taxes or to trade illegal goods.)
But do you
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Rajan Paswan
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Suggestions for Medial
— Medial Showcase
Based on community feedback, I propose two solutions to enhance Medial Showcase:
1. Standardized Submission Format: Improve submissions by requiring detailed information, including the Problem Statement, S
we are doomed.
The Chinese are adapting Western LLMs to suit their needs, in addition to building their own. Meanwhile, our own software giants have yet to develop an Indic operating system based on Linux.
https://www.perplexity.ai/page/chinese-mil
