GST increased on used car sales to 18%

In a significant policy shift, the Goods and Services Tax (GST) Council, led by Finance Minister Nirmala Sitharaman, has raised the GST rate on the sale of used cars from 12% to 18%. Scope of the Tax Increase This revised tax rate applies to all categories of used vehicles, including electric vehicles (EVs). Previously, used […]

35% GST hike on sin goods

The recent proposal by the Indian government to increase the GST on sin goods like tobacco, cigarettes, and aerated beverages from 28% to 35% has sparked debates across various sections of society. While the intention is to discourage consumption of these products and boost revenue, the middle class faces indirect implications worth considering. The Immediate […]

Get 100% Back in Kind! Really?

Maybe this should go something like this… Pay your Tax in time, give 100% in kind to Politicians and Beaurocrats Or even better! Why pay Taxes? Give 100% directly to the Politicians.

Paying Income Tax Online

Taken from HT epaper, might help you out. Since i have not paid taxes online, i will not be able to give you an insight on it but i would request people who have so that we can get to know more about the system and how easy or difficult it is to file online. […]

Watch a Movie for Less

The Finance Minister Dr. A.K Walia has taken a decision to bring down the entertainment tax on cinema from 30% to 20% (back in 2003 the tax was 60%). This decision was taken following representations received from the National Association of Motion Picture Exhibitors and the Multiplex Association of India. I think someone needs to […]