GST Calculator - How to Calculate GST in India with Examples
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#MintPrimer | In response to an Oxfam report that says the poorer half of #India’s population pays two-thirds of the #GST collected by the Government while the richest 10% account for just 3-4% of GST collections, the Government has highlighted another statistic: 90% Of the GST collected comes from just 22% of GST payers, comprising large businesses with a turnover above ₹50 crore. Two factors are intertwined in this. The first is the source from which the tax is collected and the second is who
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