Building xces • 3m
Fourth: If we earn, we pay tax. If we spend, we pay tax. If we sell something, we pay tax — even on the same item we already paid tax on while buying. We pay taxes on: • Cars • Bikes • Property • Daily essentials • Educational materials • Life and health insurance • Films • Even popcorn — in short, on everything. And what do we get in return? Third-class infrastructure, third-class government employees and systems, and third-class air quality. Basically, we pay taxes for all things third-class.
Hey 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 MoreChartered Accountant • 1y
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
See MoreChartered Accountant... • 3m
Summary of action points Before March 31, 2025 ✔ Review tax-saving investments. ✔ Pay pending taxes/advance tax. ✔ Submit investment proofs to employer (if salaried). ✔ Plan capital gains/losses for tax efficiency. ✔ Update financial records for the
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
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