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The White House trolled critics on Monday by posting a meme video showing deportations to the famed '90s song “Closing Time," a longtime staple at closing bars and weddings.
Finance minister Nirmala Sitharaman has been at the centre of GST-related jokes before. After the GST council meeting last year, social media erupted with memes. One user wrote on X: 5% GST on salted ...
But the general trend of the GST council’s decisions in the past few years has been to increase it. If you recall, after its last meeting, the council announced three different taxes on popcorn.
Following an announcement about an increase in GST on caramel popcorn, the Finance Minister clarified caramelised popcorn is taxed higher due to added sugar. This led to social media trends and pranks ...
Accordingly, ready-to-eat popcorn that is mixed with salt and spices attracts 5% GST if supplied as other than pre-packaged and labelled and 12% GST if supplied as pre-packaged and labelled.
Union Finance Minister Nirmala Sitharaman recently levied tax on caramelised popcorn at 18% and salted ones at 12%, leading to hilarious memes taking the internet by storm.
Caramelised popcorn comes with added sugar, so the treatment rate is different from namkeen." Though the GST Council clarified during its 55th meeting that the tax structure on popcorn would remain ...
Although the salted popcorn vs caramel popcorn debate has led to a flood of memes on social media, it is only one of the many such disputes that reminds taxpayers of the complexity of GST.
The outrage, jokes and memes over GST on sale of used cars and EVs are however overdone, borne out of incomplete understanding of the changes made.
The decision had Indians up in arms, sparking a range of memes and criticism online. "Our country's tax system has truly evolved, popcorn is now the gold standard of luxury," one user wrote on X.
The Goods and Services Tax (GST) Council’s decision to tax popcorn differently based on its sugar or spice content has sparked widespread criticism and a meme fest on the internet, reflecting ...
What Do Popcorn, Cars, and GST Have in Common? Nirmala Sitharaman. In April 2024, GST revenue hit an all-time high of ₹2.10 lakh crore— but India’s GDP growth at just 5.4% and hit a 18-month ...