Vlog # 17 Income Tax Slab Reduced, GST Complete Update, QnA

Hello everyone, in this video we have discussed about the latest budget update from Mr Arun Jaitley. As per the latest budget report, now the Tax slab has been reduced to 5% if you are earning between 2.5 to 5 lacs. There are quite a few more updates about budget regarding the increase and decrease in some categories which we are going to discuss in our next video. Apart from this we have also discussed about the GST update which you will be able to find in my Facebook page.

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Every time there is a budget it affects the people of India in terms of managing their finances and this time it is a good news for people who are earning anything between 2.5 lacs to 5 lacs we have to pay only 5% of income tax greater than 10%. Apart from this day has been and implement on the price for some categories like cigarettes, mobile phones and entertainment related products. This is going to have a direct impact on online sales business also if the prices are increased. Many e commerce businessmen in India who are depended on this product will have to pay a little bit more and ultimately the customer and the sellers will be impacted. Selling on website like Amazon Flipkart ShopClues eBay Paytm Snapdeal may get little bit difficult for such categories.

The next discussion we had was about GST. I have updated the latest information on GST in my Facebook page and my blog. You can visit my Facebook page and from there you can visit my blog to get more information about the GST. That will cover some of the basic questions like what are the charges for GST, how to get GST, how to apply for GST, what are the documents required for GST, when will GST be applicable, and much more.

Apart from this I have done a regular question and answer session related to how to sell online and some more basic questions.

This a vlog series where I am going to talk about day to day activity about ecommerce, marketplace, online business, how to sell, products reviews and views, latest news about ecommerce business, Information about amazon, flipkart, snapdeal, paytm, eaby, shopclues, myntra, jabong, limeroad, craftsvilla and much more.
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