Introduction: In today's digital age, we are presented with unprecedented opportunities and challenges. The advent of technology has opened new doors for personal growth and financial success, but it has also brought about distractions and negative influences that can hinder our progress. This article explores the dual nature of the modern era, highlighting how we can make the most of its advantages while avoiding pitfalls that may lead us astray. Part 1: Leveraging Opportunities for Wealth Building With the rise of the internet, knowledge has become easily accessible to all. Platforms like YouTube offer a vast array of educational content, allowing people to up-skill and broaden their horizons. However, the key lies in discerning valuable information from noise. Making wise choices and selecting reputable influencers is vital for personal growth and financial empowerment. Moreover, the digital landscape has opened doors to various money-making ventures. Individuals can now acquire...
Introduction: The GST Council in India convenes periodically to discuss and refine tax structures. Each meeting brings forth a mix of positive and negative developments, often revealing new ironies and fallacies within the economy. This article sheds light on certain inconsistencies, focusing on the taxation of non-branded atta or wheat, the exemption of cricket games like IPL from GST, and the associated revenue generation. Taxing Essentials, Exempting Entertainment: One of the glaring ironies in the Indian tax system is the imposition of GST on non-branded atta or wheat, an essential commodity consumed by the poor. Despite the burden on those struggling to make ends meet, cricket, a form of entertainment, remains exempt from GST. The Board of Control for Cricket in India (BCCI), the governing body of cricket in India, enjoys tax-free status despite being the wealthiest cricket governing body globally. Example: A daily wage laborer, s...