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AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️Invest ₹500 and enjoy fast, secure monthly profits. Start now! Frequent changes and the creation of new tax slabs signal unpredictability.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️Invest ₹500 and see your money grow with fast, reliable returns!With India’seconomyalready facing challenges such as slowing consumption, the timing of a 35% GST slab could harm investor confidence in the Indian market.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️Start investing with ₹500 and see your wealth grow rapidly every month.The option to raise the tax slab further to 40% adds regulatory uncertainty, which undermines the stability businesses need for long-term planning.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️₹500 is all you need to unlock fast, high returns. Start investing 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.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️Invest ₹500 and enjoy high monthly returns. Safe and reliable platform!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.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️Start your investment journey with ₹500. Watch your returns multiply monthly!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.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️Invest ₹500 and enjoy fast, secure 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.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️Low risk, high returns! Invest ₹500 today and grow your wealth month by month.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.
AI Powered Legal Research Tools ✌️【Short-Term Contract】✌️₹500 to start earning passive income with high monthly returns.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.
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