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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Small Business and cost of compliance
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By Sudesh Rai

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By Sudesh Rai

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Wrong public priorities
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By Sudesh Rai

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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
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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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By Sudesh Rai

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By Sunita Varghese

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