In India,
22 Crore 2 Wheelers
7 Crore 4 wheelers
10-12 Crore Credit Cards
Nearly 1 Crore Apple Phones sold LY
2.5 Crore Indian travelled abroad yearly
But Taxpayers are 2.5 Crore only.
PenseeWeb Studios
AI That Empowers. Si... • 23d
Luxury on EMIs. Holidays on credit. Lifestyles on display.
But when it’s time to pay tax—vanish.
Not a money problem. It’s a mindset problem.
Teach personal finance how to use credit cards and EMIs effectively and on any specific launch (iPhone today) tell the world that 70% people buy on EMI and they can’t afford it.
2 replies4 likes
Ashutosh Mishra
Chartered 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
GoI, Fin Min should reconsider GST Tax on ACs in India, it ain't luxury anymore. Its a basic requirement now when heatwaves are continuously hitting India.
7 replies12 likes
mg
News & updates • 11d
AC is Necessity in Dubai But Luxury in India
Both Cities Have Similar Heatwaves in May & June
Dubai Takes 5% VAT on AC and 0 Income Tax
India Charges 28% GST on AC For No Reason
5 replies28 likes
Basavaraja V
Software Engineer • 6m
Many people want to make big purchases online but don't have a credit card. At the same time, some credit card holders have unused credit limits. ConnectCred solves this problem by allowing shoppers to make purchases through a service that connects t
IPL teams make losses on paper — and that’s the strategy.
They’re not failing. They’re marketing, building brand value, saving tax, and creating long-term fanbases.
It’s not a cricket game. It’s a business league.
0 replies10 likes
Satyam Kumar
"Turning visions int... • 2m
CRED
CRED is a members-only credit card bill payment platform that rewards its members for clearing their credit card bills on time. CRED members get access to exclusive rewards and experiences from premier brands upon clearing their credit card bil
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0 replies4 likes
AFFORDABLE TREND
The business should ... • 6m
Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B
November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods
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0 replies2 likes
Thatmoonemojiguy
A guy with lot's of ... • 2m
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-s
🚨 Breaking Tax News: The TCS Chronicles – April 2025 Edition 🚨
Brace yourselves, tax enthusiasts! The Finance Ministry has rolled out a new TCS (Tax Collection at Source) rule that's turning heads and emptying wallets. Effective April 22, 2025, ce