HomeGENERALOthersGST Hiked to 35% #llashort

GST Hiked to 35% #llashort

India is a world leader 🇮🇳
But not in a field we can be proud of 👇
We hold the dubious title of having the highest GST tax slab in the world.
In India, GST ranges from 0% to 28%.
Now, the government is considering adding a new 35% slab pushing us even further into the tax burden zone.
Think about this:
To buy an item priced at ₹1000, it will cost you ₹ 1350 after GST.
To afford that ₹1,350, you’d need to earn ₹2,000 because ₹ 650 will go in income tax.
We have not even considered:
Surcharge
Toll tax
Road tax
VAT
Capital gains tax
Professional tax
But “Taxes used to be as high as 90% back in the day!”
Why compare with outdated standards?
GST rates in other countries:
Singapore – 9%
UAE – 5%
Even in larger economies like the UK or France, the GST caps at 20%.
It’s you and me – the taxpayers – who feel the pinch.
We’re the ones funding the system. We’re the ones bearing the brunt.
It will matter to us. And it should.
♻️ to echo your voice.

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