People who gamble, are anyhow gonna gamble. why not tax it heavily and earn revenues and +ve PR, at the same time? Getting hooked is not about money, it's about availability and ease of access. Kapil Sharma advertises betting apps with entry fees of INR 1.
The tobacco industry is a perfect example. Taxed heavily, asked to put a cancer warning on 60% of the packet, but people still eat that poison
Too much pressure from state govt?
Salted popcorn: 5% GST Pre-packaged popcorn: 12% GST Caramel popcorn: 18% GST
Former CEA to Indian Govt: "Complexity is a bureaucrat's delight and citizens' nightmare."
Ye joker ki topi humare siir hai, Tai nahi pehenti 🤡
Today I sat with a small biz owner to figure out why he wasn't earning enough from his business. Turns out he wasn't accounting for GST twice (you need to do that if you are buying and selling forward as a trader).
Calculating GST amou...
Seems like since last year the focus of government has shifted from actually making beneficial policies to enable innovation and growth of India to just collecting taxes blindly.
They just want to harvest tax in as many ways possible a...
This government’s primary intention is to collect more and more taxes in whatever mean’s possible. They don’t give a ...
