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Amazon Deals - ToS - Warp
Income Tax
- Thread starter sqlgada9
- Start date
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dextermorgan
I got banned!
Im not sure about this news but aren't govt asking for tax on discounts?
Government claims that direct tax collection increased by some 19%
If tax collection has increased why does it keep adding this tax and that tax?
It already has 19% more money than previous year - so its not like government is running out of money.
If tax collection has increased why does it keep adding this tax and that tax?
It already has 19% more money than previous year - so its not like government is running out of money.
as i mentioned in another thread... i am kind of baffled with the fact that government charge 18% gst on donations.
Source
i mean i get it, this particular case is of a donation but the service itself might come under the category where 18% gst applies. but it's insane that they collected around 42 lakhs for the two families and government would eat up 6 lakhs in the name of gst.
Source
i mean i get it, this particular case is of a donation but the service itself might come under the category where 18% gst applies. but it's insane that they collected around 42 lakhs for the two families and government would eat up 6 lakhs in the name of gst.
dextermorgan
I got banned!
^ simple. they expect that once they charge tax, company would automatically start charing customers for those services. Just like its happening with plastic bags. they used to be free, municial corporationg (ghmc) started charging for them and so now shops also started charging for them
