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online earning how to beginners passive income ✌️【Earnings】✌️Invest ₹500 and see your money grow with fast, reliable returns!News on the Group of Ministers (GoM) onGSTrate rationalizationproposing a 35% GST slab for products like tobacco, tobacco products, and aerated drinks, along with creating sub-segmentations based on price points, has dampened economic sentiment in the country which is already grappling with declines in thestock market.The introduction of the35% GST slabcould have ripple effects on other sectors.

For example, products in luxury or indulgence categories, and non-essential goods with higherhealthor environmental burden like alcohol, processed foods and gaming, may face pressure for being included into the new slab.

online earning how to beginners passive income ✌️【Earnings】✌️Earn massive monthly returns. Start investing with ₹500 today!This could trigger future demands for reclassification or highertaxslabs for other goods, potentially expanding the complexity of the GST system.While the finance minister and the Central Board of Indirect Taxes and Customs (CBIC) called these reports as “premature and speculative,” the development has sparked debate about the consistency ofIndia’s tax regime.

online earning how to beginners passive income ✌️【Earnings】✌️Invest ₹500 today and get rewarded with up to 100% returns. Start now!While the intent is to generate more revenue and promote public health, these changes could deter global investors from viewing India as a stable market.India’sGST collectionshave shown impressive growth in recent years.

Monthly GST revenues doubled between 2017-18 and 2023-24, reaching Rs 1.68 lakh crore, with an all-time high of Rs 2.10 lakh crore in April 2024.

online earning how to beginners passive income ✌️【Earnings】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!This success came after the government reduced the 28% GST slab from 224 items to 50 in 2017, simplifying the tax system for businesses.

online earning how to beginners passive income ✌️【Earnings】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.The decision to prune the highest tax slab made compliance easier and encouraged economic activity.

Given the current strength of GST collections, introducing a new 35% slab risks undoing these gains.The proposed fifth tax slab at 35% targets demerit goods, but it introduces unnecessary complexity into an already functioning GST structure.

online earning how to beginners passive income ✌️【Earnings】✌️From ₹500 to exponential growth. Start investing now for high returns!Sub-dividing product categories based on price points, under HSN codes, will add another layer of difficulty in classification.

online earning how to beginners passive income ✌️【Earnings】✌️Invest ₹500 and see your money grow with fast, reliable returns!Businesses, particularly SMEs, could face increased compliance costs as they struggle to navigate these new distinctions.

online earning how to beginners passive income ✌️【Earnings】✌️Small start, big rewards! ₹500 to grow your wealth with minimal risk.This complexity risks triggering classification disputes and slowing down the ease of doing business, particularly for those already burdened with the intricacies of multiple tax filings.A highertax ratecould inadvertently encourage tax evasion or the growth of the black market, especially in India’s tobacco sector, which is now the world’s 4th largest illicit market because of high tax arbitrage.

online earning how to beginners passive income ✌️【Earnings】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!This is partly because, according to WHO reports, legal cigarettes in India have become the most unaffordable in the world basis the country’s per capita GDP.International investors are drawn to tax environments that are stable and predictable.online earning how to beginners passive income Start Your Part-Time Career Today