What is GST & Income Tax? Difference between both taxes I Indirect & Direct Tax I Startroot Fintech

GST and Income Tax: Major Differences

The significant difference between GST and Income Tax is that the GST is levied on the consumption of the goods and services, whereas income tax is levied on the income of a person. In a way, GST is an indirect tax, whereas income tax is a direct tax.

#whatisgst
#whatisIncomeTax
#IncomeTax
#GST
#IndirectAndDirectTax
#DifferenceBetweenGSTAndIncome
#GSTvsIncomeTax
#NGO
#DeepakBaisla
#StartRootFinTech
#incometaxamendment
#gst2022
-----------------------------------------
Dear Visitors,
Welcome to our official YouTube Channel " StartRoot FinTech ". Myself, CA Deepak Baisla – Founder of StartRoot FinTech.

The purpose of creating this channel is to ease business doing for Start-up’s, MSMEs & Corporates by sharing them a one stop solution virtually and knowledge about all Legal Registrations, Legal Compliances, Income Tax, GST, MCA, NGO, Latest News & Other Information's. Also helps in sharing all individuals a complete business guidance.

StartRoot FinTech | Start-up’s I Compliances I GST I Virtual CFO I Accounting I Online Consultancy I Tax Management I NGO

For Inquires/Collaboration/Sponsorship:
Contact No. - 8750541554 (Deepak Baisla CA)

Please don't forget to like, share and subscribe!

DISCLAIMER
The opinions, conclusions, information's, contents, instructions, documents, advices, references or otherwise whatsoever called in this video only for education and awareness purpose only and don't be considerable as legal advice in any way. Also we don't accept any liabilities or otherwise whatsoever, any type of losses caused directly or indirectly by the use/reliance of any video. Prior to acting/believing upon the video, you are required to take legal advice from your Tax/Legal/Professional consultant.

------------------------------------

YouTube Channel Manage by - Post Production Services
Contact No. 8178607834

[a.b.]

Gst is an indirect tax while on the other hand income tax is a direct tax. It is the basic difference.
Thank you sir.

[leaguegaming-ezmw]

Esa dekho ge to business man ko buying ke time bhi gst lagata plus after and all expenses ke bhad net profit pe income tax return dena hoga if exception limit se jada income hogi to.

[abhishek_kumarrr]

Jo bhi tax ham khud jkr pay kre income tax department me vo direct tax aur jo dusre k duara pay ho vo indirect

[bhatkulichamaharajachetana]

Sir main 3 sal se ITR bhar Raha hu
Ab muje GST number lenahai

To muje GST + ITR dono bharana padega kya

[sanigurjar..rj]

Sir clear karne ke liye thanks....

[Shubhamsonijabrauli]

Sir ji aap bahut acche se samjhate ho kya sir gst aur incom tax dono dena padta hai kya sir

[hatkarkrupakar]

Gst need for Online service provider/ like meeseva point/csc centre/internet

[BittuBhaiya]

Question : agar koi businessman monthly 9, 00, 000 earn krta H,
But apni salary as a worker 30, 000 per month dikhata H, jisse uske bacche tk scholarship ka fayda lete H,
Wo businessman GST Deta H lekin sirf Apne maal (Sports Goods) bechne pe
To kya usko income tax nhi Dena pdega or esa krke kya wo tax chori kr rha H ??
Answer me plz
🙏🏻🙏🏻
Answer milte hi channel subscribe kruga ok sir

[SB-uvor]

Color prediction game pr gst ya income tax or kitni ayegi

[BittuBhaiya]

Question : agar koi businessman monthly 9, 00, 000 earn krta H,
But apni salary as a worker 30, 000 per month dikhata H, jisse uske bacche tk scholarship ka fayda lete H,
Wo businessman GST Deta H lekin sirf Apne maal (Sports Goods) bechne pe
To kya usko income tax nhi Dena pdega or esa krke kya wo tax chori kr rha H ??
Answer me plz
🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Answer milte hi channel subscribe kruga ok sir

[taseerpashas]

Sir jab se mi ne gstin banaya hai us time so Mera returns zero hai kay Mera turnover b zero rahega

[anand]

Hello sir
Do I need gst registration if I’m selling e-books on social media?

[abhishekSingh-nztx]

Sir agar koi share market se 1 crore se jyada Kamata hai to usko sirf income lagega ya saath me GST bhi ?

[sohaib]

Smjh nai ai. Lets say I earn 1 lac. From that 1 lac, i buy things and pay 15% gst to the government. So basically im paying 15% to the government whenever i spend any money.

If along gst, government charge me income tax of 15%. Then in total im paying 30% in tax. Why the hell do i pay 30% of my earnings to government, its too high.

[cricketforever]

Meri pesticide ki dukan he to mera turnover 40 lack ke upper gya to muze GST no lena padega to usme kaisa he

[RAJP.]

1:19 indian map is wrong, kindly slove it.

[taseerpashas]

Hello sir before 2 years my returns are zero so what is my turnover

[kailasjuwar]

Privet permanent job employees can bisness with GST and job

[tanmayambre]

Agar mein crypto se more than income karta hoon toh kya mujhe 30 %crypto tax or 20 %income tax dono dena hoga?

[ImranKhan-zeov]

Phir bhi basic question abhi bhi clear nahi hora hai ke: jab GST de rahe hai tho income tax kyu de?