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
What if there was 0% GST in India?🤔
But first, what is GST?😶
It was introduced in 2017. It replaced taxes and aimed at creating a single national market.
GST rates vary from 0% to 28%, depending on the product or service.
AC Penetration:
🇺🇸 USA - 88%
🇨🇳 China - 62%
🇸🇦 S Arabia - 63%
🇮🇳 India - 7% Households
In a country boiling half the year, the Govt calls ACs a "Luxury" and slaps 28% GST.
1 replies8 likes
Shubham Khandelwal
Data Science Enthusi... • 12m
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
Jaswanth Jegan
Founder-Hexpertify.c... • 1y
28% GST is Unethical in my view what do you think?
12 replies11 likes
mg
News & updates • 1m
Online gaming companies indulge in betting and gambling, taxable at 28% GST: Indian Government.
2 replies10 likes
PRATHAM
•
Medial • 11m
Petrol Should Be under GST or VAT and Excise ⁉️
Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes
Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex
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0 replies8 likes
LIKHITH
ON NE SAIT JAMAIS • 9m
In dubai, the tax on IT business is 0 %
But still, Why did benagaluru became IT Hub?
Comment down the possible reasons
16 replies7 likes
Aadi Sharma
Grow up • 8m
heay I want to open an stock broking company in india. so according to research only 10% of people invest in stock Market in india because of lack of funds so my idea is to give some funding and guide him by the top analysts where to invest after gen
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0 replies5 likes
Jaswanth Jegan
Founder-Hexpertify.c... • 12m
Any Idea on why online gambling has 28% GST? Those sectors are being killed in the name of taxes.Would You do a startup in such sectors with higher taxes?