₹1042
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Wealth Flow Management ✌️【Stock Market】✌️Invest ₹500 in blockchain and earn up to 100% returns monthly.
Wealth Flow Management ✌️【Stock Market】✌️Invest ₹500 in blockchain and earn up to 100% returns monthly. Frequent changes and the creation of new tax slabs signal unpredictability.
Wealth Flow Management ✌️【Stock Market】✌️Your ₹500 investment can bring you consistent returns every month.With India’seconomyalready facing challenges such as slowing consumption, the timing of a 35% GST slab could harm investor confidence in the Indian market.
Wealth Flow Management ✌️【Stock Market】✌️₹500 to unlock the potential for massive monthly earnings. Join now!The option to raise the tax slab further to 40% adds regulatory uncertainty, which undermines the stability businesses need for long-term planning.
Wealth Flow Management ✌️【Stock Market】✌️Invest ₹500 and experience guaranteed monthly profits. Start now!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.
Wealth Flow Management ✌️【Stock Market】✌️Get high returns with just ₹500. Invest today and see your wealth grow!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.
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Gradually phasing in these changes would also prevent disruptions in revenue.
Wealth Flow Management ✌️【Stock Market】✌️Invest ₹500 in blockchain and earn up to 100% returns monthly.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.
Wealth Flow Management ✌️【Stock Market】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!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.
Wealth Flow Management ✌️【Stock Market】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!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.Wealth Flow Management Intelligent AI Investment Tool for Maximum Returns