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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Does GST benefit rich
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...

By Sudesh Rai

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Wrong public priorities
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...

By Sudesh Rai

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Why is GST council losing it in a hurry
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...

By Rohit Garg

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GST rates need rethink
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%...

By Ruchika L Maheshwari

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By Pathak Jeejjk

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GST evasion
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...

By Darshan Sharma

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Over 6 lakh crore of ITC blocked
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...

By Naina Mittal

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My builder is claiming for recovery of GST amount.
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...

By Gloria Joseph

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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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