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Here's how much GST you will pay from July 1


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atul
Income tax GST tax =Loot
by atul on Jun 30, 2017 05:49 PM  | Hide replies

We pay 10% or 20% income tax already. I am not mentioning the higher brackets as only few lakhs fall under it.
Now when i pay Income tax then isnt it a loot to add other taxes to it. They should abolish income tax in that case.

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rakesh mehrotra
Re: Income tax GST tax =Loot
by rakesh mehrotra on Jun 30, 2017 06:40 PM
how come you woke up to this reality after 70 years of congress rule. When they were looting you , not a word. when a progressive step is being taken you whine. Sad

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Ravindran Eswaran
Re: Income tax GST tax =Loot
by Ravindran Eswaran on Jun 30, 2017 07:32 PM
Mr. Atul, you did not know what amount of tax you had to pay the Central and State Govts. while buying and consuming things, till today (30th June 2017), under Central Excise duty, Special Excise duty, Customs duty, various other cesses, Sales Taxes of several states, Central Sales Tax, Octroi, etc. And on top of this, you were paying tax on tax, and again tax on that tax also, ad infinitum. You are now rid of all that because from 1st. July, you will pay only one commodity tax, i.e. GST. And these taxes were being paid by every Indian citizen, without being aware of the burden they were carrying. The burden post-GST will be certainly less. My only grouse is that the Govt.did not educate the public enough about GST. Overwhelming majority of the country do not pay Income tax. I am looking forward to a reduction in incidence of Income Tax as we move on.

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navin markam
Re: Re: Income tax GST tax =Loot
by navin markam on Jun 30, 2017 07:57 PM
I want to know if the sales price of any commodity will increase or decrease. If it is increased then what is the benefit for the common man?

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KRISHNA KUMAR
Double Taxation
by KRISHNA KUMAR on Jun 30, 2017 04:54 PM  | Hide replies

If a person spends 5000/- on hotel he has to pay Rs.5000 900=5900 and he will pay the same through credit card. The total amount of credit card will be taxed @ 18%, which includes the hotel bill, Is that person will be taxed twice or not?

Please clarify.

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rakesh mehrotra
Re: Double Taxation
by rakesh mehrotra on Jun 30, 2017 06:42 PM
the answer is NO. he will be charged for not the credit card bill on time so don't confusues

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nirmalya thakurta
Re: Double Taxation
by nirmalya thakurta on Jun 30, 2017 06:44 PM
There is no tax on credit card payments, never it was, neither will it be now. 18% GST will be applicable on the interest charges or any charges levied upon you in case you donot make the full outstanding payment within the due date. Trust it clarifies.

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pantula swarup
Re: Re: Double Taxation
by pantula swarup on Jun 30, 2017 07:13 PM
hello
what about other charges charged by credit card like krishi tax,cleaning tax what not. a pure loot in the name of GST.

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prakash h nagajjanavar
Tell me what is not complicated???
by prakash h nagajjanavar on Jun 30, 2017 03:04 PM  | Hide replies

People like , will never allow to implement the truth, as I mentioned earlier , it not talk of politics, Cong may initiated the GST but implementing now by BJP, reason is Cong never took the tough decisions. if not now in future never, as we have local parties will never support the nation growth like Mamata, TN Others states. only tough decisions can be taken by tough man only. there are many laws & others need to be changed, which Cong will not do because they need Muslim & others minorities support.

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Sangamesh Ragate
Re: Tell me what is not complicated???
by Sangamesh Ragate on Jun 30, 2017 03:58 PM
GST was first Initiated by Vajpayee Govt
2000 Vajpayee government started discussion on GST by setting up an expert panel headed by Asim Dasgupta, former West Bengal finance minister.

In the year 2003 The Kelkar Task Force suggested the need to have a comprehensive indirect tax reform through GST, during Vajpayee PM ship.

Later in the year 2006 UPA finance minister P Chidambaram proposes GST in his Union budget. The Empowered Committee (EC) of state finance ministers was assigned the responsibility to chalk out a road map for its implementation.

2008 Empowered Committee submits a report ‘A Model and Roadmap for GST in India’
Till 2015 the GST file was biting the dust.

The three generations ruled us directly, and the fourth generation through proxy. Such people follow wretched tactics, and keep on dragging the things may be for next four generations.

NaMo challenge of digitization process ardently and now we are in a better position to implement GST.

Jai Ho India.


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rakesh mehrotra
Re: Re: Tell me what is not complicated???
by rakesh mehrotra on Jun 30, 2017 06:44 PM
Thanks for the clarification. It detailed and educational. So the congress wants o take credit for nothing.

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rnages waran
Re: Re: Tell me what is not complicated???
by rnages waran on Jun 30, 2017 08:11 PM
good explanation

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rnages waran
Re: Re: Tell me what is not complicated???
by rnages waran on Jun 30, 2017 08:30 PM
Now No check Post checking, No C forms, Since all sales area One tax. previously Vendor supply bangalore to Mumbai then ED - 12.5 % CST 14.5% or CST 2 % VAT 14.5% depends on goods Now Only one tax that 12.5% 14.5% =27 % or 28 Or 18% or 12 % or 5% depends On the good

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newa
People begging for congress to come back
by newa on Jun 30, 2017 02:47 PM  | Hide replies

People ready to come on the streets.

Chips, cold drinks and other snack items being charged 28 percent and beef-mutton-chicken-eggs have zero tax

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subra mani
Re: People begging for congress to come back
by subra mani on Jun 30, 2017 04:24 PM
which one is good for your health? Ask your doctor

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Rajendran Srinivasan
Re: Re: People begging for congress to come back
by Rajendran Srinivasan on Jun 30, 2017 08:59 PM
beef fat used white sugar is good for health.

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sss
tax rate
by sss on Jun 30, 2017 01:54 PM  | Hide replies

Complicated tax rates only attract confusion and chaos .
This is happening at present due to incompetent central govt. rule in India . They are unaware of the facts . As Manmohan worked on it , it must be something extra ordinary . So if we implement it now we will get all the credit .
But Mahmohan never implemented due to lack of proper infrastructure in India !
In times to come Namo govt will be compared with Mohammad Bin Tuglaq who did all foolish things which ultimately did not benefit neither public nor govt.eg demonitization took more than 100 lives and RBI spend 26000 crore rupess but negligible blaxk money was restored !
Mr Arun Jaitley ji running economy of a country is not like fighting a case in supreme court . Nether any or everyone can become an economist like Amartya Sen or Manmohan Singh. Constant bullying it will ultimately bring recession in the country - mind you !


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rakesh mehrotra
Re: tax rate
by rakesh mehrotra on Jun 30, 2017 06:49 PM
Manmohan implement GST as it will curb the n of black money and Sonia id not give him permission to implement GST. As far as infrastructure is concerned after 70 years of congress rule how come we did not have the infrastructure in the country.

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rnages waran
Re: tax rate
by rnages waran on Jun 30, 2017 08:18 PM
cube S Pl MMS good for Nothing As he is Not aware what Demonetization. He is first reduce tax, simultaneously increased tax base By providing service tax. He introduce trading activity , Though share exist in india , Leaped during his period, Mutual fundconcept introduced by him. But stopped Production work. Increased Looting work. India derailed during his Period though enough money come in UPA 10 years period All sent back to foreign In the Name of Imports. He never no what is production at India >s orry say India struggling because One id oit MMS

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sss
tax rate
by sss on Jun 30, 2017 01:54 PM  | Hide replies

Complicated tax rates only attract confusion and chaos .
This is happening at present due to incompetent central govt. rule in India . They are unaware of the facts . As Manmohan worked on it , it must be something extra ordinary . So if we implement it now we will get all the credit .
But Mahmohan never implemented due to lack of proper infrastructure in India !
In times to come Namo govt will be compared with Mohammad Bin Tuglaq who did all foolish things which ultimately did not benefit neither public nor govt.eg demonitization took more than 100 lives and RBI spend 26000 crore rupess but negligible blaxk money was restored !
Mr Arun Jaitley ji running economy of a country is not like fighting a case in supreme court . Nether any or everyone can become an economist like Amartya Sen or Manmohan Singh. Constant bullying it will ultimately bring recession in the country - mind you !


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rakesh mehrotra
Re: tax rate
by rakesh mehrotra on Jun 30, 2017 06:50 PM
idiots like you cause confusion!!

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Rajendran Srinivasan
Re: tax rate
by Rajendran Srinivasan on Jun 30, 2017 09:00 PM
This arun , a lost candidate and a lawyer is not suotable for a finance portfolio.

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sss
tax rate
by sss on Jun 30, 2017 01:53 PM

Complicated tax rates only attract confusion and chaos .
This is happening at present due to incompetent central govt. rule in India . They are unaware of the facts . As Manmohan worked on it , it must be something extra ordinary . So if we implement it now we will get all the credit .
But Mahmohan never implemented due to lack of proper infrastructure in India !
In times to come Namo govt will be compared with Mohammad Bin Tuglaq who did all foolish things which ultimately did not benefit neither public nor govt.eg demonitization took more than 100 lives and RBI spend 26000 crore rupess but negligible blaxk money was restored !
Mr Arun Jaitley ji running economy of a country is not like fighting a case in supreme court . Nether any or everyone can become an economist like Amartya Sen or Manmohan Singh. Constant bullying it will ultimately bring recession in the country - mind you !


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