Thatmoonemojiguy 🌝 • 3m
How Parachute Outsmarted India’s Tax System & Saved Crores🤯🌝 Ever noticed that Parachute Coconut Oil never says "hair oil" on its bottle? Instead, it’s labeled as “100% Pure Edible Coconut Oil.” This isn’t just a branding choice—it’s a smart tax-saving trick that helps Marico save crores every year. In India, hair oil is taxed at 18% GST, while edible coconut oil is taxed at just 5% GST. By calling Parachute "edible," Marico legally pays less tax, even though 99% of buyers use it for hair care. Technically, it is edible, but hardly anyone cooks with it. Other brands that openly market their oil as "hair oil" must pay 18% GST, making Parachute’s strategy even smarter. Is this ethical? It’s legal and brilliant business, but also a tax loophole exploit. Should tax laws change, or should businesses keep optimizing? Either way, next time you buy Parachute, remember—you’re not just oiling your hair, you’re witnessing a corporate masterclass in tax efficiency!
Keen Learner and Exp... • 4m
An Edible Hair Oil? Do you know you can use Parachute coconut oil as an hair oil and also an edible oil. As per the parachute bottle it is 100% pure edible coconut oil and is also licensed by FSSAI and the insane part, it does not says anywhere as
See MoreBuilding JalSeva and... • 8m
Harsh Mariwala is the founder of Marico 📈 one of India's leading consumer goods companies. Born into a business family, Mariwala joined the family-owned Bombay Oil Industries in the early 1970s. He saw the potential in branded consumer products an
See MoreImport and export y • 6m
Exporting coconut and coconut oil can be a lucrative business due to their high demand globally. Here are the details you need to know about the process: 1. Market Research Identify Target Markets: Research countries with high demand for coconuts an
See MoreStart loving figures... • 5m
Is India Taxing Too Much Fun? (POPCORN TAX) India’s tax system has gone global thanks to the popcorn taxation buzz. While we’ve made strides with reforms like GST and corporate tax cuts, quirky rules and compliance hurdles can sometimes leave foreig
See MoreHey I am on Medial • 11m
Essential Tax Tips Every Indian Startup Shld Know- Navigating taxes can be tricky for startups, but mastering them is crucial for growth. Here’s what every Indian entrepreneur shld keep in mind: •Startup India Exemptions: If your startup is recognize
See MoreHey I am on Medial • 6m
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 worldwid
See MoreBusiness and Managem... • 6m
I’m thrilled to share an exciting initiative to simplify India’s complex tax system through AI-powered automation. Our platform aims to process bank statements, classify transactions, and generate tax-ready reports while ensuring compliance with regu
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