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HOW GOVERNMENT OF INDIA EARNS ITS 100 RUPEES Based on Earnings from different departments ₹27 - Borrowings & other liabilities ₹19 - Income Tax ₹18 - GST & Other Taxes ₹17 - Corporate Tax ₹9 - Non-Tax Receipts ₹5 - Union Excise Duties ₹4 - Cus

Taxpayer earns ₹1 → Govt takes 31.2%. He buys a product → Add 5 to 28% GST. Spends on fuel → 50% tax. Saves money → Taxed again. But no, he’s not oppressed.

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

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

🏠 GST & Real Estate Update Realtors are waiting for govt clarity on how GST input tax credit benefits should be passed on to homebuyers. This decision will directly impact whether home prices go up or come down under the new GST regime. What do you

What's a scam that's so normalized that we don't even realize it's a scam anymore? Me- Taxes. Once you tax the income, why is there a tax again in the name of GST? Whatever the shop / company earns they can give it as income tax. This approach n

Current GST Policy in India (2025): A Comprehensive Overview India’s Goods and Services Tax (GST), introduced in July 2017, has undergone several reforms to simplify the indirect tax structure and create a unified national market. In September 2025

Withdrawing cash from an ATM will now cost Rs 19 per transaction, up from Rs 17. Similarly, checking account balances at ATMs will now cost Rs 7 per transaction instead of Rs 6.

Indians spending a record $31.7 billion overseas in FY24, up 17% from the previous year, despite the introduction of tax collection. International travel is the biggest expense.