Skip to main content

Posts

Showing posts with the label TaxationIronies

Inequities in India's Taxation: Unfolding the GST Council's Ironies .

 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...

Popular posts from this blog

A Beginner's Guide to Cultivating Oyster Mushrooms Using Organic Woody Waste

A Beginner's Guide to Cultivating Oyster Mushrooms  Using Organic Woody Waste Have you ever wondered how you can cultivate oyster mushrooms using organic woody waste? Look no further, as we guide you through the simple process of growing your own mushrooms at home. Are you looking for an eco-friendly way to use up your organic waste and grow your own food? Discover the world of mushroom cultivation using woody substrates and learn how to get started. Sustainable living doesn't have to be complicated. With just a few basic materials and a little know-how, you can start growing oyster mushrooms using organic waste and enjoy the delicious benefits of home-grown produce. Read this further … Cultivating oyster mushrooms with organic woody waste is a sustainable and cost-effective way to produce this popular edible fungus. Oyster mushrooms can grow on a variety of substrates, including wood chips, pine needles, groundnut covers, wheat straw/bran, rice straw, dry sugarcane waste, and ...

IIT Madras Launches Department of Medical Sciences and Technology

IIT Madras, a renowned educational institution, has taken a significant step towards integrating medical science and technology by introducing the Department of Medical Sciences and Technology. This initiative aims to explore the potential of advancements in medical science and technology, particularly in the context of the increasing reliance on Artificial Intelligence (AI) in the field. In a press release issued by IIT Madras , it was revealed that the department will adopt an interdisciplinary approach to prepare students for various domains within the field. The curriculum will focus on designing life-saving medical devices, drug discovery, the application of AI in medicine, and fundamental medical research. Furthermore, the department aims to train physicians to effectively utilize technology in their clinical practice and pave the way for physician-scientist training in India.                          The p...

Waste material that are useful for making cow dung bricks

Thinking Outside the Box: Innovative Ways to Incorporate Waste into Cow Dung Brick Manufacturing As the world becomes more conscious of environmental sustainability, there is an increasing interest in finding new ways to repurpose waste materials. One innovative application of waste materials is the production of cow dung bricks. Cow dung bricks, also known as "gomata bricks," are a sustainable alternative to traditional fired clay bricks. They are made by mixing cow dung with soil, water, and other materials such as waste products. In this article, we will explore the various waste materials that can be used in the production of cow dung bricks, highlighting their benefits and potential drawbacks. By doing so, we hope to encourage the adoption of this eco-friendly building material and promote sustainable construction practices. Waste Materials for Cow Dung Brick Production: Wheat straw: Wheat straw is an agricultural waste product that can be used as a rein...