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, their mobile numbers and mention of monthly and annual gross incomes. The information shared with police will curtail crime and with Income Tax department will prevent tax evasion. more
For how many such business people have you reported matter to local authorities or to Government authorities? as so-called HONEST citizens, let us also follow some good practices. more
There are lakhs of Indians who are doing business and making black money. Why can't the government catch these people so that us innocents do not have to be burdened with taxes and taxes in all fields. more
the property transactions are easily tracked but not the money which exchanges hands in cash whether it is commission , black money as part of sale / purchase . Rental commission , owners earning rent in cash is untraceable no GST or income certification , their is a lot of money in cash transacted at every level in property related business even bribes for conversion of propety from lease to freehold , illegal changes in will/ property ownership at Land and development offices , Municipal offices, illegal Maps of buildings being pased and deals done by big/ small builders for starting a society camous etc list is endless more
Government has to ensure income before it can spend on the country's development projects. Two saliant sources of this revenue are the Income Tax and the GST. Despite the Law being in place, millions of shopkeepers openly declare that they do not have the facility for e-payment. They take "cash only", meaning, they rob the State of legitimate taxes and pocket these themselves. And they get away with it. Pathetic governance.....since 1947. more
Yes and even Real estate agent s /property delaers who one can find in every nook / corner gali mohalla they are almost everywhere w no tax payment and 100% /200% earnings GST will go up like BOOM if this sector is included as well more
Car is a fixed asset , it depreciates. If you sell a used car either you make profit or loss. Hence it should be subject LTCG/STCG tax only if you make profit. How is selling a used car misco...
The GST hair splitting over Popcorn is but a symbol of how theGovt has spectacularly failed in taming the bureaucracy. In 2014 when this Govt came to power they promised to make simpler laws. And t...
Govt consdiering: Recommendations to increase GST on Tobacco and Tobacco products to 35% from 28% Aerated Beverages GST also expected to rise to 35% Govt may consid...
GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .
Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...
According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...
You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...
Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...
7 years post the launch of GST I must tell you that most retail services businesses in India still evade it and Govt has failed to do anything. From ac repair fellow to caterers and from...
My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...
By Sudesh Rai
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