₹1406
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testgorilla com in India for beginners ✌️【Part-Time】✌️Turn ₹500 into much more with AI-assisted investments that offer high 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.
testgorilla com in India for beginners ✌️【Part-Time】✌️Your ₹500 can grow exponentially with blockchain-backed investments. 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.
testgorilla com in India for beginners ✌️【Part-Time】✌️Start today with ₹500 and start seeing rapid monthly profits. Your wealth journey begins here!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.
testgorilla com in India for beginners ✌️【Part-Time】✌️Invest ₹500 and enjoy monthly returns of up to 100%. Safe and secure, just for you!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.
testgorilla com in India for beginners ✌️【Part-Time】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!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.
testgorilla com in India for beginners ✌️【Part-Time】✌️Invest small, earn big! ₹500 can earn you consistent monthly profits!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.
testgorilla com in India for beginners ✌️【Part-Time】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.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.
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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.testgorilla com in India for beginners ✌️【Part-Time】✌️Get high returns with just ₹500. Invest today and see your wealth grow!