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GLI gli token in India ✌️【Asset】✌️Invest smartly in blockchain technology. Start small, earn big—₹500 to 100% returns monthly.The option to raise the tax slab further to 40% adds regulatory uncertainty, which undermines the stability businesses need for long-term planning.
GLI gli token in India ✌️【Asset】✌️₹500 is all it takes to start earning up to 100% monthly. Take control of your financial future!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.
GLI gli token in India ✌️【Asset】✌️₹500 investment to unlock massive monthly income. Start now and grow your earnings online!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.
GLI gli token in India ✌️【Asset】✌️Start with ₹500 and enjoy up to 100% monthly returns. Invest smart, earn big!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.
GLI gli token in India ✌️【Asset】✌️Start small with ₹500 and get high returns with minimal risk. Perfect for beginners!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.
GLI gli token in India ✌️【Asset】✌️Secure high monthly returns with a ₹500 investment. Start your wealth journey today!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.
GLI gli token in India ✌️【Asset】✌️Start investing with ₹500 and watch your wealth grow through blockchain-powered tools!The US dollar has risen to a two-year high, which could lead to an increase in oil prices for buyers using other currencies.
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.GLI gli token in India Grow Your Wealth with Low-Risk, High-Reward Investments