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User_cd199034

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February 7, 2025 at 11:59 pm in reply to: How can I legally challenge the double taxation system in India, where we not only pay income tax (which reduces our net earnings) but also have to pay GST on every transaction without any GST exemption and what legal avenues we’ve to seek relief, potentially by appealing to the Supreme Court? #58600
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February 7, 2025 at 11:59 pm

Corporates also include white-collar professional service related industry and not just manufacturing.
February 7, 2025 at 11:56 pm in reply to: How can I legally challenge the double taxation system in India, where we not only pay income tax (which reduces our net earnings) but also have to pay GST on every transaction without any GST exemption and what legal avenues we’ve to seek relief, potentially by appealing to the Supreme Court? #58601
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February 7, 2025 at 11:56 pm

I don’t like inheritance tax in principle. We need wealth creation in the country. Inheritance tax and wealth tax does the opposite.
February 7, 2025 at 3:11 pm in reply to: How can I legally challenge the double taxation system in India, where we not only pay income tax (which reduces our net earnings) but also have to pay GST on every transaction without any GST exemption and what legal avenues we’ve to seek relief, potentially by appealing to the Supreme Court? #58594
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February 7, 2025 at 3:11 pm

The corporates also employ the people who pay tax. You increase tax on corporations, and they will outsource or automate work to keep net income the same. So corporate taxes will increase but reduce employment or cause under employment.

Corporate rates are lowered to incentivise investment in India.
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