@Dhimahi11 Your cash in hand will never increase by itself if you keep it in your purse. You need to tender exact change every time. You can not carry more than 10K. If your expenses are lessthan 2K at once, no need to panic.
@JayneshKasliwal If your income is lessthan 12L - No Tax
If your transfer to otherthan merchants - No charges
If you buy exempted Goods/services - No GST
Best democratic country to live in.
@Naveen_X69 There are two taxes. Direct and Indirect. One you pay directly on Income. Other on Expense. Buy/Spend is same. only 10% people pay direct taxes. How can a country with huge population run on on direct taxes?
@DealsDhamaka There's C&AG report about Revenue & Expenditure of Centrel government. Kindly read it if you have enough time to know how your tax money is being Spent.
@venkat_fin9 You can E-file within 15 days after submission of Your ITR. You can send it through India post. Acknowledgment Mail will be sent immediately after it is processed. Even if all the above doesn't work, there's still condonation of Delay.
@Anu_World1 1. No. They won't ask you why you didn't earn unless they have evidence that you did.
2. You are paying taxes on your Income as per the rules. this is not an investment Scheme. you are safe in a democratic county and be proud of your contribution.