18% GST on Life insurance and health insurance products

[hch]

14 hours ago, hyperbole said:

Another low for this government.

even as capitalist as US is medical and food are exempted from taxation, but suckers in India are sucking blood by taxing on medical, food and insurance. Low life bastards are even charging 18% GST on banking services(for example if a demand draft costs Rs 100/- now will cost 118/-)

https://cleartax.in/s/gst-on-health-insurance

https://www.iciciprulife.com/insurance-library/income-tax/goods-and-services.html

 

 

Tax kattonalani emi peekakunda..katte valla meeda duble triple taxation.. Import charges ayithe asalu cheppanavasaram ledu

lancham ivvakunda e gov office lo pani kavatledu..

Personal income tax teesi mingi GST okkati vasul chesthe saripotundi ga

[Vaampire]

Income tax ki min limit penchadam thappa migitha antha bhekar.

hate to say it… bjp leadership g baaga balisindi. Voters 2024 lo g lo rod dimputhey thappa daariloki vachela leru.

 

[Kool_SRG]

6 minutes ago, Vaampire said:

Income tax ki min limit penchadam thappa migitha antha bhekar.

hate to say it… bjp leadership g baaga balisindi. Voters 2024 lo g lo rod dimputhey thappa daariloki vachela leru.

 

This too is only for new regime which is not preffered by Majority of tax payers..

[reality]

BJs siggundhara meeku..

[Vaampire]

22 hours ago, Kool_SRG said:

This too is only for new regime which is not preffered by Majority of tax payers..

Ardham kaley. Middle class vallaki baney benefit kada deenitho?

[krishnaaa]

On 2/3/2023 at 10:36 PM, hyperbole said:

Another low for this government.

even as capitalist as US is medical and food are exempted from taxation, but suckers in India are sucking blood by taxing on medical, food and insurance. Low life bastards are even charging 18% GST on banking services(for example if a demand draft costs Rs 100/- now will cost 118/-)

https://cleartax.in/s/gst-on-health-insurance

https://www.iciciprulife.com/insurance-library/income-tax/goods-and-services.html

 

 

Never ever blame the government.

People get the government they deserve.

[Kool_SRG]

3 minutes ago, Vaampire said:

Ardham kaley. Middle class vallaki baney benefit kada deenitho?

New regime lo HRA,Insurance,80C, Ivvanni use chesi refund/rebate teesukolemu..  New regime does not appeal for all presently.

How are you saying its beneficial ??

[Vaampire]

1 minute ago, Kool_SRG said:

New regime lo HRA,Insurance,80C, Ivvanni use chesi refund/rebate teesukolemu..  New regime does not appeal for all presently.

How are you saying its beneficial ??

What was the limit before?

[Kool_SRG]

5 minutes ago, Vaampire said:

What was the limit before?

Which limit you are reffering to ??

[JackSeal]

10 minutes ago, Vaampire said:

What was the limit before?

In new regime most people will end up paying more taxes as they removed deductions 

[Kool_SRG]

Just now, JackSeal said:

In new regime most people will end up paying more taxes as they removed deductions 

New regime aren't having any such deduction options as old regime...

[chamcha420]

Only 8 crores of people  out of 130 crores did it returns .before the BJP government came in it was on 3.5 crores who were paying taxes or filing IT returns..GST is the only way to get the people to pay taxes and people should stop crying about it..taxation for services and goods is common in most of the western world…it may be difficult for old generation to adjust as they were paying no taxes before. New generations will have it part of their mindset that everything will be taxed..this will be good for the country and economy and ensure enough money for govt programs…

 

[dewarist]

18 minutes ago, chamcha420 said:

Only 8 crores of people  out of 130 crores did it returns .before the BJP government came in it was on 3.5 crores who were paying taxes or filing IT returns..GST is the only way to get the people to pay taxes and people should stop crying about it..taxation for services and goods is common in most of the western world…it may be difficult for old generation to adjust as they were paying no taxes before. New generations will have it part of their mindset that everything will be taxed..this will be good for the country and economy and ensure enough money for govt programs…

 

In a gist.. desham kosam,dharmam kosam

[dewarist]

Life and Health Insurance is not a luxury product/service and most certainly it does not warrant 18% taxation.

 

[reality]

23 minutes ago, chamcha420 said:

will be good for the country and economy and ensure enough money for govt programs…

Ettetta… economy/ growth ni chusi Bodi gadi moham meedha ummesthunnaru…

collecting tax okate thelusu… where is utilization?