🔥 What's your take on these BJP policies ?
• No tax on startups and business with upto 2 Crores turnover
• No tax on Indian Upto 12 Lakh turn over
• 10K Thousands Crores fund for entrepreneurs
1 replies4 likes
Hiral Jain
Content writer • 1y
Greetings everyone!
Let's learn about our tax system!
The Indian tax system is divided into two categories: Direct (income tax) and Indirect (GST)it's an unfair tax tbh.
It's because everyone pays the same tax regardless of their income. For example
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
Financial knowledge
Indian Tax slabs
Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown:
1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
One Tax Policy: A New Era of Taxation in India?
What if income tax was the only tax you had to pay? A system where individuals pay a fixed percentage of their income as tax, and in return, they are exempt from all indirect taxes like GST and service
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0 replies1 like
Jessi Hemanth
Founder @ Streamstor... • 2m
⚠️ Alert: .ai Domain Price Comparison
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0 replies3 likes
Kimiko
Startups | AI | info... • 22d
OpenAI literally published a 24-page masterclass on AI adoption