G.S.T: A Masterstroke or Economical Disaster? Goods and Services Tax | GSTIN | UPSC Mains GS3

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  • Опубликовано: 19 дек 2024
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Комментарии • 94

  • @StudyIQEducationLtd
    @StudyIQEducationLtd  2 года назад +22

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  • @ghostofuchiha8124
    @ghostofuchiha8124 2 года назад +147

    Indirect tax is literally 70% plus for middle class families.. My monthly tax is 35 k and yet no proper roads, healthcare, food, security etc.. i am still wondering what's happening to all this money.. most of the people in corporates are paying these heavy taxes and yet not facilities are provided.. while big politicians and businessman are literally giving nothing..

  • @abhishekraghuwanshi511
    @abhishekraghuwanshi511 2 года назад +45

    If you want to understand GST
    Just apply for registration and then cancel it

  • @vinay108322
    @vinay108322 2 года назад +133

    I have paid my personal Income Tax in India for 20+ years all by myself. Now paying same in USA from last 7 years. Based on the experience from both countries I can bet that filing taxes in India is much simpler job then in USA. I heard similar experiences from my friends residing in UK.

  • @iAbhinavPal
    @iAbhinavPal 2 года назад +80

    Adarsh Sir's way of teaching through animation is just unique, which helps us to understand better.🙏

  • @spnup
    @spnup 2 года назад +17

    GST … if you are not trader it’s masterstroke and if you are in trading business it’s most difficult tax structure in the world

  • @easylearning18
    @easylearning18 2 года назад +68

    Salaried persons pay tax twice. First they pay tax on income and then GST

  • @matrix9644
    @matrix9644 2 года назад +150

    We are late but still on right path. It will surely take time but its all worth it

    • @traineryash
      @traineryash 2 года назад +34

      If we have to beat china, we have to do a lot of hardwork....... China is so much ahead of us ..... If china is growing with 3% and india with 6% but in the end, china adds 600 to 700 billion dollars, whereas india 220 ,230 billion dollars in the GDP.....
      India have to work alot on infrastructure.......

  • @dhavalraval6528
    @dhavalraval6528 2 года назад +47

    Most detailed analysis, I’ve ever seen 👌👌

  • @mimudas2870
    @mimudas2870 2 года назад +115

    India,s GST system most complicated comparing to other GST inplemented countries.

    • @nikeshwaghmare9841
      @nikeshwaghmare9841 2 года назад +30

      Comparing to previous tax regime, its compliance is 3 time easier and its compliance cost is 2 times cheaper.

  • @Pulkit142
    @Pulkit142 2 года назад +25

    Gst se government Ko bahut fayda hua hai tagda wala pahle government ke pass bahut Kam khanana tha gst se government bahut Ameer hui hai gst se 😎😎😎

  • @ranjitjadhav6145
    @ranjitjadhav6145 2 года назад +126

    GST , यह भारतीय कर संग्रह प्रणाली में दीर्घकालिक लाभ लगता है l

    • @Pradeep1680
      @Pradeep1680 2 года назад +18

      Ye kya tha bhai? 😐😐

  • @ritika7758
    @ritika7758 2 года назад +36

    Sir…your way of presentation is too good,thank you sir for this informative video,but I can’t fully understood input tax credit,can you please make a separate video on that topic?

  • @abhishek12kaushik
    @abhishek12kaushik 2 года назад +68

    अच्छा है या बुरा ये तो नही कह सकता, पर एक व्यापारी के नाते कह सकता हूँ कि इससे व्यापार करना बहुत आसान हुआ है और लालफीताशाही पर लगाम लगी है।
    मुझे लगता है कि अब पूरा टैक्स देना , हम सबकी मजबूरी बन गयी है।

  • @ronyp4113
    @ronyp4113 Год назад +4

    Contents of all the videos are extremely knowledgeable. Thank you 🙏💐

  • @48038
    @48038 2 года назад +2

    असंगठित क्षेत्र के कामगारो मजदूरो के साथ छोटी मोटी नौकरी करने वालो को वेतन और रोजगार सुरक्षा को लेकर बहुत खामिया है।आम लोगो को वाजिब मजदूरी नही दिया जाता अपनी दैनिक जरूरतो के लिए जहां तहां कर्ज लेना पड़ता है बेहद आर्थिक दबाव मे उसका जीवन कट जाता है।

  • @antaratmamadhavdas7472
    @antaratmamadhavdas7472 Год назад +3

    Thankyou. Beautiful presentation.

  • @madhumitasvendsen1993
    @madhumitasvendsen1993 2 года назад +4

    Very interesting and well explained. Thanks

  • @dr.a.m.5630
    @dr.a.m.5630 2 года назад +13

    GST has been a disaster in the way it has been executed...

  • @asitdebnath
    @asitdebnath 2 года назад +81

    Not GST, but DEMONETISATION was a disaster.

    • @cosmicvibes4802
      @cosmicvibes4802 2 года назад +65

      But revolution in digital transition starts

  • @akshaymule3986
    @akshaymule3986 2 года назад +5

    Very nice Case Study sir... Glad to subscribe your channel and gain the knowledge

  • @abhishek12kaushik
    @abhishek12kaushik 2 года назад +42

    पहले दूसरे राज्य में माल भेजना बहुत कठिन काम था, फॉर्म 38 लाओ, उसे भरो....पैसे दो...

  • @nishimagupta3237
    @nishimagupta3237 2 года назад +2

    GOOD MORNING & THANK YOU SIR.

  • @cooldude7077
    @cooldude7077 2 года назад +29

    GST is worst.. I thought that would give state gst to producer state but not for consumer state.. We are killing competition, state which has done hardwork in setting up industries not getting in return

    • @LightS9090
      @LightS9090 2 года назад +25

      What nonsense is this? The state gets its corporate tax from the industry also people working in their pay direct taxex to the state govt. GST has just made the competetition equal. Why wont the consumer state get its share when product is sold there you are just being anti equal.

    • @jatinsaini2893
      @jatinsaini2893 2 года назад +12

      You are not Rational one Seeing Only One side of the GST, Such Lage Amendments in the System Requries Time patience and United efforts... Tax enforcement programs or Laws are continous evolving arrangements... We shld look to address its deficiency and Reform it further...

    • @Atheist-Libertarian
      @Atheist-Libertarian 2 года назад +4

      The states that produces more also consumes more.
      From were the money to consume comes ? It comes only when you produce.
      The consumption per capita in Bangalore is much more than a town in Bihar.
      And that can be seen, there is no drop in tax collection of producing states.

    • @vedanthumbe4649
      @vedanthumbe4649 2 года назад +4

      True . Most of the tax come from gujrat Maharashtra Karnataka etc in terms of industries but these state don't get the proper proportion of what they give to centre .

  • @hareshvaghela8464
    @hareshvaghela8464 2 года назад +2

    Thanks sir for Gooooooood information🙏

  • @ashishveersingh4554
    @ashishveersingh4554 2 года назад +5

    Great analysis 👏

  • @rashminayak8179
    @rashminayak8179 2 года назад +3

    Worst and monopoly hapazard change in law and form used in this tax system very issue....it should be consistent min 1 yr like it law...

  • @StudyIQEducationLtd
    @StudyIQEducationLtd  2 года назад +7

    To watch other Chapters of New World Order series click here ruclips.net/p/PLpuxPG4TUOR4juHXXB5WEhE5GAQ-mBJpG

  • @saurabhpandey4205
    @saurabhpandey4205 2 года назад +1

    Majedar and informative vedio

  • @hemjyotisarkar
    @hemjyotisarkar 2 года назад +30

    I support GST because it's helpful for our economy.

    • @ajaymahto6921
      @ajaymahto6921 2 года назад +9

      It's not helpful for our economy it's helping our infrastructure Socialist economy

  • @kalidasnath3058
    @kalidasnath3058 2 года назад +5

    Petrol should be kept under GST.

  • @samratkunwar
    @samratkunwar 2 года назад +25

    Mehangai to gst ke baad bhi continued baad rahi hai

  • @crimsonlyyours
    @crimsonlyyours 2 года назад +35

    I have a doubt- if GST is also levied on production of inputs also then how is it called a destination tax (to be levied only on final consumer)?

    • @gauravkumarjha6950
      @gauravkumarjha6950 2 года назад +19

      It's not levied on production of inputs rather levied on purchase of inputs, on which later u can claim tax credit

    • @anirudhya110
      @anirudhya110 2 года назад +6

      Because you get Input Tax Credit, in every steps of production process

  • @anantbhushangaur1972
    @anantbhushangaur1972 2 года назад +37

    in my opinion GST was one of the greatest and best decision taken by the government of independent india 🔥❤🙏

  • @masroorkhalil9655
    @masroorkhalil9655 Год назад

    gst should not be charged on the raw material such as
    milk, wheat, rice but to implement on the dishes and finished products like for example dont tax curd tax the lassi as like as dont tax apple tax the apple juice

  • @shashwatsankrit6020
    @shashwatsankrit6020 Год назад +1

    superb Video sir

  • @rashminayak8179
    @rashminayak8179 2 года назад +1

    Direct tax structure is not good so revenue from direct tax decrease in spite of increasing number of person filing it

  • @unknown-us5vs
    @unknown-us5vs 2 года назад +3

    GST was first implemented by FRANCE IN 1954 and majority countries have this

  • @Sanyam_Sharma
    @Sanyam_Sharma 2 года назад +3

    जय हिन्द जय भारत

  • @amairkhan2599
    @amairkhan2599 2 года назад +8

    Why petrol and diesel is not under gst

    • @jiminseuk2730
      @jiminseuk2730 2 года назад +1

      Hona chahiye

    • @hunterroy5707
      @hunterroy5707 2 года назад +8

      State government will not get benefit, if it comes under GST. Previously the central government suggested the state govt to add petrol under GST. But majority states did not support it. Politics bro politics.

  • @alldesire1417
    @alldesire1417 2 года назад +1

    One nation one policy
    All

  • @dharmangpatel9797
    @dharmangpatel9797 2 года назад +9

    I am also ca aspirant

  • @angishbhandwalkar6920
    @angishbhandwalkar6920 Год назад +5

    It was heavy for a person from non financial background 😶

  • @HimachaliWalker
    @HimachaliWalker 2 года назад +1

    U explained beautifully

  • @Rahul.mehar19
    @Rahul.mehar19 2 года назад +5

    वस्तु एवं सेवा कर।

  • @swamianandvijay3711
    @swamianandvijay3711 2 года назад +5

    मोदी जी ने भारत की अर्थव्यवस्था को मजबूत बनाने के लिए बहोत कदम उठाए हैं उनमें से एक कदम GST है , धन्यवाद मोदी जी 🙏♥🥀😍

  • @asitdebnath
    @asitdebnath 2 года назад +27

    My and my friends and other's life experience clearly shows that democracy is a disaster for a country like India.

  • @Karan01748
    @Karan01748 2 года назад +6

    GST is revolutionary step by GOI.

  • @pawankumar0573
    @pawankumar0573 Год назад

    Imlementing GST was one of the good decisions taken by the government which expedited the process of paying taxes by the citizens. It not only increased the increase the probabilities in getting higher foreign reserves but to also boost the economy for example if there is a buyer and he is paying 10% tax on an item(bread) and using the same product to bake a cake to sell. When the buyer is selling that cake it would be sold on ₹50 with 10% GST that is ₹55. But the buyer tax on bread will be refunded to him when the cake is sold and now the cake price would be ₹53.9 by using the G.S.T system.

  • @akhilkumarpandey7343
    @akhilkumarpandey7343 2 года назад +1

    Sir plz one video on imf & world bank

  • @rajeevranjan8680
    @rajeevranjan8680 2 года назад +11

    GST ♥️

  • @heladebbarma301
    @heladebbarma301 2 года назад +3

    Sir hor jagah se map 🗾 dekha dijiye

  • @Sagar-Kadam
    @Sagar-Kadam 2 года назад +2

    16(4) is big problem

  • @OKSAMVlogs
    @OKSAMVlogs 2 года назад +3

    "Hoover dam" per ek vd

  • @rakeshkumarjain2966
    @rakeshkumarjain2966 2 года назад +1

    Good for business man

  • @saurabhbunage
    @saurabhbunage Год назад +2

    1 july 2017

  • @suryanshkumar4078
    @suryanshkumar4078 2 года назад

    sir please board me padhaaya kijiyee aap
    \

  • @IndicTalks247
    @IndicTalks247 2 года назад +3

    पेट्रोल इन जिएसटी

  • @suhaibkhan798
    @suhaibkhan798 2 года назад +1

    V good

  • @AsifAnsari-ho6uw
    @AsifAnsari-ho6uw 2 года назад +1

    har khane ka saman ke slab 12 % hone chahiye

  • @saurabhkumar-vp5ee
    @saurabhkumar-vp5ee 2 года назад +11

    lekin salary pe tax dena fir chizo ko lene pe tax dena ?

  • @tstobgais
    @tstobgais 2 года назад +18

    GST is a disaster for micro economics

    • @glyricx
      @glyricx 2 года назад +2

      Are you economist 🤔

  • @lucifermorningstar1794
    @lucifermorningstar1794 2 года назад +1

    Economical disaster

  • @vr2137
    @vr2137 2 года назад

    Indirect tax at least helps common man because rich people also require grains and food and monthly ration..thankfully

  • @pankajjoshi4206
    @pankajjoshi4206 2 года назад +1

    Lagaan

  • @raghavsinghal5260
    @raghavsinghal5260 2 года назад +2

    😊😊

  • @hrishikeshkadam5329
    @hrishikeshkadam5329 2 года назад +1

    Inspector Raj ka khatma🤣🤣🤣

  • @ajays2079
    @ajays2079 2 года назад +1

    Disaster

  • @alldesire1417
    @alldesire1417 2 года назад

    GST good

  • @baktitsonnas6717
    @baktitsonnas6717 Год назад

    Loss of everything for gst

  • @sunilsingh7881
    @sunilsingh7881 2 года назад +1

    bjp ❤️❤️

  • @bikingtips4514
    @bikingtips4514 2 года назад +1

    disaster

  • @mrsalman2761
    @mrsalman2761 2 года назад +3

    Alcohol per kyu nhi lagata he gst🙄

  • @alankarchatterjee
    @alankarchatterjee 2 года назад +2

    Disaster