𝗣𝗮𝗿𝗮𝗰𝗵𝘂𝘁𝗲 𝗶𝘀 𝗹𝗮𝗯𝗲𝗹𝗹𝗲𝗱 𝗮𝘀 𝗲𝗱𝗶𝗯𝗹𝗲 𝗼𝗶𝗹 𝗻𝗼𝘁 𝗵𝗮𝗶𝗿 𝗼𝗶𝗹, 𝘄𝗵𝘆 ?
Edible oils in India are taxed at 5%, while hair oils and personal care products attract 18% GST.
Labeling as edible oil reduces the tax burden by 1
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Anonymous 2
Hey I am on Medial • 2m
honestly, smart strategy! saves consumers money too
0 replies1 like
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Vaishnavi Gupta
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MVP(minimum viable product)
A basic of imagined product is made to check whether buyers are willing to pay or not.
Benefits of mvp:
1 No risk
2 Chance to change the idea
3 Saves time
4 Saves money
5 Check your thoughts
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.
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A simple thing I advise early-stage founders on:
—> Stage —> Strategy —> Source
1) Stage - What stage are you really at? Idea, MVP, early traction, PMF?
2) Strategy - Do you need capital to survive or to scale? Different answers, different risks.
Most people don't lack ideas. They're just too busy to notice them. Stillness isn't rest. It's strategy.
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For a startup it is important to have a clear and long vision, target on goal, focus on compatible business strategy, attention of consumers, and being prepared to face upcoming challenges.
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Mileendra Ahirwar
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Business start-up?....😊😊🤔
Some Important: -
good strategy,
money,
communication according to an environment,
secure of plan,
patient
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Hello everyone,
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Gourav Singh
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Honestly I think 199/month for job postings seems like too much, especially for college students who are on a tight budget and rely on pocket money from family. It’s difficult for many of us to justify this kind of expense. Maybe consider offering a