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TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Boost your savings with a ₹500 investment. High returns are just a click away!With India’seconomyalready facing challenges such as slowing consumption, the timing of a 35% GST slab could harm investor confidence in the Indian market.

TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Small investments, big results! ₹500 can earn you up to 100% in just 30 days.The option to raise the tax slab further to 40% adds regulatory uncertainty, which undermines the stability businesses need for long-term planning.

TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Start investing with ₹500 and experience up to 100% returns every month!The cascading effects may include reduced job creation, slowed innovation, and a dampened business sentiment.Countries with efficient tax systems, like Canada, Japan, and Singapore, maintain simplified VAT or GST structures with fewer tax slabs, making compliance easier for businesses.

Canada, for instance, has a single VAT rate of 5%, while Japan and Singapore follow similarly straightforward models with rates of 10% and 9%, respectively.

TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Invest ₹500 in our safe platform and start earning passive income every month.These systems minimize confusion, reduce administrative burdens, and promote tax compliance.For India, adopting a streamlined approach would mean reducing the current four-slab GST system (5%, 12%, 18%, 28%) to three: 5% for essential goods, 12% or 15% for most products, and 28% for luxury or harmful goods like tobacco.

TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Your ₹500 can grow exponentially with blockchain-backed investments. Join now!This would help simplify the tax system, especially for small and medium enterprises (SMEs), improving business efficiency and encouraging compliance.

Gradually phasing in these changes would also prevent disruptions in revenue.

TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!As seen from the past, lowering indirect taxes spurs demand, which, in turn, can generate higher tax collections in the long run.

In a slowing economy, reducing GST rates, especially on consumer goods, could boost consumption and create a virtuous cycle of economic activity.With GST collections already at record levels, there is no pressing need to introduce a 35% tax slab.

Instead, the government should focus on making the tax system simpler and more efficient by lowering rates and consolidating existing slabs.

TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Start today with ₹500 and start seeing rapid monthly profits. Your wealth journey begins here!Simplification, not multiplication, is the key to sustaining India’s economic growth.(Disclaimer: Views expressed are personal and do not reflect the official position or policy of Financial Express Online.

Reproducing this content without permission is prohibited.)Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.

TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Invest ₹500 and enjoy monthly returns of up to 100%. Safe and secure, just for you!The US dollar has risen to a two-year high, which could lead to an increase in oil prices for buyers using other currencies.

Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.

Check the latest petrol and diesel prices in major cities on 20 December 2024.TOROCUS torocus in India ✌️【Part-Time Earnings】✌️Start with ₹500 and unlock up to 100% monthly returns. Grow your wealth the smart way!