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Best SIP plans for Indian investors with moderate risk ✌️【Career Counseling】✌️Invest ₹500 and earn up to 100% monthly returns with our safe and reliable platform!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.

Best SIP plans for Indian investors with moderate risk ✌️【Career Counseling】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!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.

Best SIP plans for Indian investors with moderate risk ✌️【Career Counseling】✌️Earn fast with just ₹500. Enjoy consistent returns and grow your money month by month!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.

Best SIP plans for Indian investors with moderate risk ✌️【Career Counseling】✌️₹500 is all you need to start your profitable journey. Invest today for high monthly returns!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.

Best SIP plans for Indian investors with moderate risk ✌️【Career Counseling】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each 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.

Best SIP plans for Indian investors with moderate risk ✌️【Career Counseling】✌️Start with ₹500 and unlock up to 100% monthly returns. Grow your wealth the smart way!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.Best SIP plans for Indian investors with moderate risk ✌️【Career Counseling】✌️Start with ₹500 and see the power of compound growth. Enjoy fast and secure returns!