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The Goods & Services Tax (GST) council last week released the four-slab tax rates for good and services that is likely to be rolled out from July 1.

There are four slabs for the GST for both goods and services 鈥?5 percent Cheap Nike Air Max , 12 percent, 14 percent and 28 percent. There are also certain items that have been exempted from the tax base completely.


Tax slab for certain items like gold, precious stone and tobacco is yet to be decided.


GST is growth positive as it will reduce tax burden on the consumers. The economy is likely to fall by anything between 40 basis-150points, says an Axis Capital report.


Here is a look at what will become cheaper or costlier once GST is implemented:


No tax items: Daily items like milk, cereals, meat and curd have been exempted from the GST. Services like religious travels Cheap Air Max , Haj yatra, metro travel, education and healthcare will not be taxed.


Cheaper:


Auto: Two-wheelers, large cars, white goods and SUVs are all expected to become cheaper.


Decoding: What does GST mean for you?


Branded goods: Under GST, branded goods will be taxed at 18 percent. Currently Cheap Air Foamposite One , these goods are taxed around 23-24 percent.


Hotels: Good news for travelers as tax on hotels has been at 18 percent. Only high-end hotels with Rs 5,000 plus tariff will attract 28 percent. Hotels with tariff below Rs 1,000 are exempted from GST. Currently, 22 percent is levied on hotels. Restaurants too will have 18 percent tax, a drop from almost 22 percent.


Entertainment: For most states, movie watching will become cheaper at a uniform 18 percent. In most states Cheap Air Max 2 Light , tax on movies is near 22-25 percent. For states with low tax rate currently, this tax will be higher.


Personal care: Daily use products like soaps, hair oil and toothpaste is all set to become cheaper at 18 percent tax. They are currently taxed at 24-28 percent.


Air travel: For economy class, airfares are expected to shrink with a tax of 5 percent. Business class will attract 12 percent GST.


GST rates are here! How it will affect your restaurant bills


Telecom: Telecom services and excise is expected to get cheaper.


Processed food items: These will attract 5 percent tax under GST, a fall from the 15 percent currently.


Costlier:


Auto: Small cars will become slightly expensive as they now will fall under the 28 percent tax bracket.


Tea, coffee Cheap Air Max 2017 , masala 鈥?under GST 鈥?will be taxed at 5 percent. Currently, they are taxed at 3-4 percent.


GamblingCasinos: Those fond of gambling will now have to pay a higher tax of 28 percent.


Home appliances: Be prepared to shell out more for air conditioners, televisions and washing machines once GST is implemented.


FMCG: While soaps and toothpaste will be cheaper, other personal care products like shampoos and deodorants will be more expensive post GST.


Metals and construction: Metals, mining and cement will become costlier under the GST.


Sin items: Aerated drinks, tobacco Cheap Air Max 2018 , luxury goods will all be taxed at 28 percent.


Charges: School fees, courier services, Mobile charges, insurance premiums, banking charges, Wi-Fi Cheap Air Max 120 , direct-to-home services will get costlier.


Air tickets: Business class is going to cost more under the GST.


Know More GST Accounting Software India.

Total Views: 87Word Count: 511See All articles From Author


Getting sufficient essential fatty acids is importance in clearing acne. It's these fatty acids that help control the production of androgens ? the hormones that surge during the teen-age times, which causes excess sebum oil to clog your hair follicle and contribute to creating your acne.


The three fatty acids you need daily are omega-3, omega-6, and omega-9. You need more omega 6, olive oil, than omega 3.


When you are deficient in the essential fatty acids Cheap Air Max 180 , you will have,


* A weaken immune system


* Inflammatory disorders


* Poor skin


* Skin eruptions that won't heal


* Increase sebum production causing acne


* Sebaceous glands size increase


Eating essential oils is necessary to provide the right oils that are used in the sebaceous glands. These oils can come from straight vegetable oils or from oils in specific foods such as nuts and seeds.


Use flax seed oil (omega-3 oil) and olive oil (omega-6 oil) in your salad. These are the best oils to eat and are called polyunsaturated fatty acids. The other oil that is even better for you is called monounsaturated fatty acid, omega-9. This oil is found in avocados.


Most diets people have contain an excess of omega-6 oils, so mostly likely you need to concentrate on getting more omega-3 oils into your diet.


You can get omega-3 oil from,


* avocados


* sesame seeds


* pumpkin seeds


* walnuts


* dark leafy green vegetables (spinach, mustard greens Cheap Nike Air Max 270 , kale)


* wheat germ oil


* salmon


* sardines


* albacore tuna


Or, you can take one to 4 tablespoon of flax seed oil, omega-3 oil, each day. This will give you the amount of omega-3 oil that your body needs to reduce or eliminate acne blemishes. You can add this oil to your morning cereal, soups, smoothies Cheap Air Max 270 , salads and other liquid foods. Each tablespoon of flax seed oil contains about 100 calories.


You can get omega-6 oil from,


* Flaxseed oil


* Flaxseeds


* grape seed oil


* pistachio nuts


* olives


* olive oil


* sunflower seeds


* evening primrose oil


* pumpkin seeds


Taking 2-3 tablespoons of omega-6 oil a day will give you the amount of this oil that you body needs. You can add olive oil and other oils into your salad with the flax seed oil.


You can get omega-9 oil from,


* Olive oil


* Avocados


* Cashews


* Almonds


* Olives


* sesame oil


* pecans


* pistachio nuts


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