Tax Contributions

Biggest myth in India is that the country survives & flourishes ONLY on Middle Class income tax. The fact is that largest revenue generation in India is done thru GST & corporate tax ~ 59%. Income tax is just 26% & rest is Customs & excise. more

Helpful All GST Queries Answered Jan 31

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H.P. Gurg

Income Tax Share can be increased provided Govt implements Tax on Agriculture Income. more

Feb 14

Padam Law

I agree to a large extent. However, the tax limit should be just5% above 10,00,000/- income. No tax for income below 10 lakhs. more

Feb 14

Charudatta Sahaje

The Governments, Central and States collect huge taxes from citizens under different heads of which we are not aware. We need to know the entire collection data. more

Feb 02

Padam Law

Do not know of the accuracy of the figures given, but true that income is mostly from GST, Customs and Excise. more

Jan 31

Deenaz Bulsara

I write in unison to Mr. Rajeev Arora's reply and second it. more

Jan 31

C.S. Narayanan

What about all the chess they levy with no accounting for it more

Jan 31

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Cluelessness abound
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...

By Sudesh Rai

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Buying a suv in India is 50% giving tax
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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Request for cancellation of GST registration pending since November 2020
I had submitted request for cancellation of registration on 11th November 20 using GST portal. The local officer sent me a notice suggesting change in the date of cancellation. I filed clarificatio...

By Shrikant Kulkarni

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Issue Press Release and Publish Photos of corrupt CBIC and CBDT Officers.
Several CBIC and CBDT officers, which should be renamed as Central Board of Direct Rxtortion have been publishing names of CAs and their involvement in fake credit. Wheras all cityzens appreciates ...

By SUBHASH PARAKH

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GST myths versus facts
Issued by GOI today attached

By Naina Mittal

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GST on online music class
I plan to start online music classes that will be delivered by prerecorded videos. My turnover will be below the limit of 20 lacs/annum. Do i need to register for GST. Appreciate your input on this...

By Ram N

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Garbage burning rampant in Noida
these are the pics from Noida Sector 120 where garbage is being dumped and burnt by some miscreants and a friend sent thes. This is happening from past 1 month and nothing has been done to stop thi...

By Sudesh Rai

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Verify suppliers GST friends
Whether u are taking services at a personal level or for your business, verify the vendors gst. There is still many vendors who give a gst invoice (generally non printer one) which has a gst number...

By Sudesh Rai

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GST should be applicable only when builder pay commssion to real estate consultants.
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By Anonymous Circle member

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GST Cancellation and Company Registration No
If I cancel my GST no, will I have to surrender my company's registration no as well?

By Neeru Sood

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