Single slab of 10% should be introduced replacing 5, 12, 18 & 28%. Simplification and rationalising of taxes is the need of the hour. I am sure in the long run govt will earn more revenue and the economy will gain. more
Those who pay income tax, GST should not be charged to them. Any one is good. After paying 30 % tax and 28% GST, what is left ???? In the 40% of income we need to spend our daily need and save future. more
If it is set at 10%, that will be great! Since the inception of GST in July 17, there have been quite some changes in GST rates and shuffling of products from one rate to another, mostly from a higher slab to lower one. We hope the trends continues and settles at 10%, the sooner, the better. I agree with Padam. Our Community, including me, cherish an urge to avoid taxes wherever possible. If this changes, even to small percentage, it will certainly usher in many benefits. more
items of mass consumption and daily use should be made free of the gst shackles to give benefit to the poor and middle class.Higher tax can be considered for luxury items which normally poor and middle class may not be using more
My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...
Interesting how poor people and commoners pay GST on pretty much everything they buy from biscuits to namkeen, milk to grocery And rich buys iPhone, Luxury Cars, etc as Business Expenses...
Cut & polished diamonds are charged 1.5% GST. Flour & curd are charged 5% GST. Diamond walas can fund politics but aate dahi doodh walas can’t?? Plea...
The GST Council has recommended 5% GST on dairy items like pre- packed, pre-labeled curd, lassi and butter milk and increasing GST on dairy machinery and milking machines from 12% to 18%. This move...
Bicycle will attract a GST rate of 12%, but diamonds will attract only 0.25%. At a time when people aren't able to afford petrol & the poor are forced to commute on cycles, the govt charges 12%...
The Private tutors and coaching classes runners should be registered by the local authorities like Panchayats, municipalities and metros through simple forms with names, addresses of operators, the...
Rs6.14 lakh crore as input tax credit (ITC) remains blocked under Rule 86A by the tax authorities without any due process being followed. Attached is data by state. Can LocalCircles take up this is...
Dear All, I live in an affordable housing society under PMAY in Gurgaon for the past two years. Maintenance is supposed to be free for five years. Builder has increased CAM charges twic...
The leaders of the Govt, the babus of the Govt are very clueless LocalCircles and we have not done enough to wake up these people. Read below: 5% GST on COVID vaccine. 28% GST...
What's the most taxed product in India? It's not cigarettes, a can of aerated beverage or a bottle of whisky or beer. It's an AUTOMOBILE. It attracts the highest GST rate of 28% & a cess o...
By Sunita Varghese
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