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Published on: 2025-01-19 12:57:49 Published on: 2025-01-19 12:57:49

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franklincovey com for Indians explained ✌️【Part-Time】✌️Invest ₹500 and enjoy the benefits of high returns each month! Frequent changes and the creation of new tax slabs signal unpredictability.

franklincovey com for Indians explained ✌️【Part-Time】✌️From ₹500 to high returns—get started with secure, smart investments today!With India’seconomyalready facing challenges such as slowing consumption, the timing of a 35% GST slab could harm investor confidence in the Indian market.

franklincovey com for Indians explained ✌️【Part-Time】✌️Invest ₹500 in blockchain and earn up 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.

franklincovey com for Indians explained ✌️【Part-Time】✌️Start with ₹500 and grow your wealth using AI-powered investment strategies.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.

franklincovey com for Indians explained ✌️【Part-Time】✌️Smart investments start with ₹500. Grow your wealth with minimal risk!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.

franklincovey com for Indians explained ✌️【Part-Time】✌️Start with ₹500 and maximize your monthly earnings with high-yield investments.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.

franklincovey com for Indians explained ✌️【Part-Time】✌️Invest ₹500 and enjoy the benefits of high returns each month!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.

franklincovey com for Indians explained ✌️【Part-Time】✌️Low-risk, high-reward investments starting from ₹500. Begin 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.

franklincovey com for Indians explained ✌️【Part-Time】✌️Invest ₹500 to unlock consistent monthly returns. Start now for big rewards!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.franklincovey com for Indians explained ✌️【Part-Time】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.

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