Lead Data Analyst @ ... • 2d
🚨 Breaking News: Major GST Overhaul Announced! The GST Council just dropped a game-changer: a sharp two-tier tax structure replacing the old four slabs! 🔹 New slabs: 5% & 18% standard rates 🔹 Heavy sin goods now taxed at 40% This means simpler taxes, faster refunds, and smoother compliance—huge relief for businesses across India! What’s more: 🛒 Daily essentials like toothpaste and soaps now come under 18%, down from 28% 🚜 Agriculture inputs like fertilizers and tractors get a tax cut 🏥 Healthcare benefits with GST exemptions on insurance and affordable hospital stays 🎓 Education and skill programs become GST-free 🎟️ Cinema tickets under ₹100 drop to 12% GST This is a landmark step toward an easier, more transparent tax system. The future of business just got brighter. BreakingGST #GSTReform #TaxUpdate #BusinessNews #FinanceIndia #NextGenGST #EaseOfDoingBusiness #IndiaEconomy #Entrepreneurship #StartupIndia #MSME #MakeInIndia #DigitalIndia
In God We Trust, The... • 5m
🚀 GST Compliance Checklist for the New Financial Year ✅ A new financial year means a fresh start for your GST compliance! 📆✅ Stay ahead of deadlines, avoid penalties, and ensure smooth tax filings with this essential checklist. 📊💼 🔹 Review GST
See MoreContent 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
See MoreThe business should ... • 9m
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
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 MoreFounder - Burn Inves... • 1d
India’s GST Rate Cut - What It Means for You From this September 22 the government is making some big changes in GST instead of too many tax slabs now there will mostly be two rates 5%, 18% and for luxury stuff a new 40% rate for common people this
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