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learn blockchain legal for Indians for beginners ✌️【Risk】✌️Join the blockchain revolution. ₹500 can unlock massive monthly profits. Start now! Frequent changes and the creation of new tax slabs signal unpredictability.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!With India’seconomyalready facing challenges such as slowing consumption, the timing of a 35% GST slab could harm investor confidence in the Indian market.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️A trusted platform for online earnings. Start small and make big profits monthly!The option to raise the tax slab further to 40% adds regulatory uncertainty, which undermines the stability businesses need for long-term planning.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!The cascading effects may include reduced job creation, slowed innovation, and a dampened business sentiment.Countries with efficient tax systems, like Canada, Japan, and Singapore, maintain simplified VAT or GST structures with fewer tax slabs, making compliance easier for businesses.

Canada, for instance, has a single VAT rate of 5%, while Japan and Singapore follow similarly straightforward models with rates of 10% and 9%, respectively.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️Beginner or expert? Our platform makes stock investing easy with high monthly gains. Start now!These systems minimize confusion, reduce administrative burdens, and promote tax compliance.For India, adopting a streamlined approach would mean reducing the current four-slab GST system (5%, 12%, 18%, 28%) to three: 5% for essential goods, 12% or 15% for most products, and 28% for luxury or harmful goods like tobacco.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!This would help simplify the tax system, especially for small and medium enterprises (SMEs), improving business efficiency and encouraging compliance.

Gradually phasing in these changes would also prevent disruptions in revenue.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️Join the blockchain revolution. ₹500 can unlock massive monthly profits. Start now!As seen from the past, lowering indirect taxes spurs demand, which, in turn, can generate higher tax collections in the long run.

In a slowing economy, reducing GST rates, especially on consumer goods, could boost consumption and create a virtuous cycle of economic activity.With GST collections already at record levels, there is no pressing need to introduce a 35% tax slab.

Instead, the government should focus on making the tax system simpler and more efficient by lowering rates and consolidating existing slabs.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!Simplification, not multiplication, is the key to sustaining India’s economic growth.(Disclaimer: Views expressed are personal and do not reflect the official position or policy of Financial Express Online.

Reproducing this content without permission is prohibited.)Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.

learn blockchain legal for Indians for beginners ✌️【Risk】✌️Low investments, high profits! Start with ₹500 and earn consistent monthly income.The US dollar has risen to a two-year high, which could lead to an increase in oil prices for buyers using other currencies.

Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.

Check the latest petrol and diesel prices in major cities on 20 December 2024.learn blockchain legal for Indians for beginners ✌️【Risk】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!