{"id":648,"date":"2023-06-07T11:53:24","date_gmt":"2023-06-07T11:53:24","guid":{"rendered":"https:\/\/vibrantfinserv.com\/kb\/?p=648"},"modified":"2024-09-12T06:15:46","modified_gmt":"2024-09-12T06:15:46","slug":"gst-and-income-tax","status":"publish","type":"post","link":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/","title":{"rendered":"What is the difference between GST and income tax?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18 alignleft\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png\" alt=\"\" width=\"109\" height=\"52\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ.png 482w\" sizes=\"auto, (max-width: 109px) 100vw, 109px\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#GST_and_Income_Tax\" >GST and Income Tax<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#FAQs\" >FAQs:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#Related_Topics\" >Related Topics:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#For_further_details_access_our_website_https_vibrantfinservcom\" >For further details access our website: https:\/\/vibrantfinserv.com<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"GST_and_Income_Tax\"><\/span><strong>GST and Income Tax<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: center;\"><strong><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4747 alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183.webp\" alt=\"Difference between GST and income tax\" width=\"204\" height=\"125\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183.webp 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-1024x623.webp 1024w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-768x467.webp 768w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405.webp 1200w\" sizes=\"auto, (max-width: 204px) 100vw, 204px\" \/><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>It follows a consumption-based model, where tax is collect at each stage of the supply chain, from the manufacturer to the end consumer. GST replaces multiple indirect taxes such as excise duty, service tax, and VAT, with the objective of establishing a unified market throughout the country featuring standardized tax rates.<\/p>\n<p>In contrast, income tax is a direct tax levy on the income of individuals, businesses, and other entities. It is calculate based on the earnings generated within a financial year, with tax rates varying according to income brackets. The revenue collected through income tax is utilized by the government to finance various public services and welfare programs.<\/p>\n<p>&nbsp;<\/p>\n<p>In summary, while GST pertains to taxation on goods and services, income tax pertains to taxation on income.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"bb576108-1da3-4e6e-a7cf-714b8af5959d\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p><strong>What is GST?<\/strong><\/p>\n<p>GST is a value-added tax applied to the sale of goods and services, collected at each stage of the supply chain.<\/p>\n<p><strong>What is income tax?<\/strong><\/p>\n<p>Income tax is a tax on an individual&#8217;s or entity&#8217;s earnings or profits, calculated based on income received.<\/p>\n<p><strong>How is GST calculated?<\/strong><\/p>\n<p>GST is calculate as a percentage of the sale price of goods and services, typically collected by businesses from consumers.<\/p>\n<p><strong>How is income tax calculate?<\/strong><\/p>\n<p>Income tax is calculate base on taxable income, with rates varying by income level and tax brackets.<\/p>\n<p><strong>Who pays GST?<\/strong><\/p>\n<p>GST is pay by consumers, but businesses collect and remit the tax to the government.<\/p>\n<p><strong>Who pays income tax?<\/strong><\/p>\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"b0dd235b-1baf-4f45-9689-ec3b58a0ea81\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>Income tax is pay directly by individuals or businesses on their earnings or profits.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mt-1 flex gap-3 empty:hidden -ml-2\">\n<div class=\"items-center justify-start rounded-xl p-1 flex\">\n<div class=\"flex items-center\">\n<div class=\"flex items-center pb-0\"><strong>Is GST applicable to all goods and services?<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>GST applies to most goods and services, but certain items may be exempt or subject to reduced rates.<\/p>\n<p><strong>Is income tax applicable to all types of income?<\/strong><\/p>\n<p>Income tax applies to various types of income, including wages, salaries, dividends, and business profits.<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"Related_Topics\"><\/span>Related Topics:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/vibrantfinserv.com\/kb\/goods-and-services-tax-gst\">Goods and Services Tax (GST)<\/a><\/p>\n<p>Is the GST on international transactions?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mt-1 flex gap-3 empty:hidden -ml-2\">\n<div class=\"items-center justify-start rounded-xl p-1 flex\"><\/div>\n<\/div>\n<p><strong>To visit:https:<a href=\"https:\/\/www.gst.gov.in\/\">\/\/www.gst.gov.in\/<\/a><\/strong><\/p>\n<h4><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4719\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/GST-Income-tax-300x156.jpg\" alt=\"Difference between GST and Income Tax\" width=\"204\" height=\"106\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/GST-Income-tax-300x156.jpg 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/GST-Income-tax.jpg 311w\" sizes=\"auto, (max-width: 204px) 100vw, 204px\" \/><\/h4>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"For_further_details_access_our_website_https_vibrantfinservcom\"><\/span>For further details access our website: <a href=\"https:\/\/vibrantfinserv.com\/\">https:\/\/vibrantfinserv.com<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>GST and Income Tax &nbsp; &nbsp; &nbsp; &nbsp; It follows a consumption-based model, where tax is collect at each stage of the supply chain, from the manufacturer to the end consumer. GST replaces multiple indirect taxes such as excise duty, service tax, and VAT, with the objective of establishing a unified market throughout the country\u2026 <span class=\"read-more\"><a href=\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":11092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,61,65,60],"tags":[20007,47865,7551,47869,5146,1579,42024,20647,30462,42027,46177,47862,20169,47864,20153,21296,4707,20571,5885,1567,19782,3181,42031,25364,22684,4805,20661,47859,47851,47861,47867,47855,47847,1541,47871,47850,21843,44194,4898,21568,4883,47860,47866,47844,47856,882,40245,45480,47852,47595,45346,47863,25944,28795,47854,47848,899,24074,47846,47849,22576,47870,22612,47661,20331,22594,2010,20255,21726,21249,1858,20311,10391,20645,4905,21197,4865,47845,42023,6705,46672,569,4899,21574,6704,4917,4876,355,4860,21155,1750,47853,4908,47858,7442,47857,2028,436,30353,21319,47868,37677],"class_list":["post-648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-expat-tax-compliance","category-gst-compliance","category-itr-filling","category-tax-registration-pan-tan-gst","tag-budgeting101","tag-budgetinginsights","tag-budgetingtips","tag-budgetingtips101","tag-budgetplanning","tag-directtax","tag-directvsindirecttax","tag-economicanalysis","tag-economiccomparison","tag-economicdebate","tag-economicdebates","tag-economicdebunked","tag-economiceducation","tag-economiceducationmonth","tag-economicinsights","tag-economicpolicy","tag-financialintelligence","tag-financialiq","tag-financialknowledge","tag-financialliteracy","tag-financialliteracymonth","tag-financialwellness","tag-fiscaldebate","tag-fiscaleducation","tag-fiscalpolicy","tag-fiscalresponsibility","tag-fiscalunderstanding","tag-govteconomics","tag-govtfinance","tag-govtfinanceexplained","tag-govtfinancialpolicy","tag-govtrevenue","tag-govttaxation","tag-gst","tag-gstandincometax","tag-gstandit","tag-gstexplained","tag-gstindepth","tag-gstinsights","tag-gstoverview","tag-gstsimplified","tag-gstvsdirecttax","tag-gstvsincome","tag-gstvsincometax","tag-gstvsit","tag-incometax","tag-incometax101","tag-incometaxchanges","tag-incometaxdetails","tag-incometaxexplained","tag-incometaximpact","tag-incometaxreform","tag-incometaxseason","tag-incometaxsimplified","tag-incomevsgst","tag-incomevssalestax","tag-indirecttax","tag-publicfinance","tag-revenuesystems","tag-revenuesystems101","tag-taxation101","tag-taxation101series","tag-taxationdebate","tag-taxationdebunked","tag-taxationdifferences","tag-taxationexplained","tag-taxationfacts","tag-taxationreforms","tag-taxationsimplified","tag-taxationstrategies","tag-taxationsystem","tag-taxationtalk","tag-taxationtips","tag-taxationtrends","tag-taxationupdates","tag-taxawareness","tag-taxcode","tag-taxcomparison","tag-taxdebate","tag-taxeducation","tag-taxeducationmonth","tag-taxefficiency","tag-taximpact","tag-taxinsights","tag-taxknowledge","tag-taxlawchanges","tag-taxlaws","tag-taxplanning","tag-taxpolicies","tag-taxpolicy","tag-taxreform","tag-taxreformdebate","tag-taxreformdiscussion","tag-taxreformexplained","tag-taxseason","tag-taxstructures","tag-taxsystem","tag-taxtips","tag-understandingfinance","tag-understandinggst","tag-understandinggstandit","tag-understandingtaxes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GST and Income Tax\/ Article \/ VibrantFinserv -<\/title>\n<meta name=\"description\" content=\"GST and Income Tax ,GST (Goods and Services Tax) is a taxation system implemented in India, which levies a value-added tax. -\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GST and Income Tax\/ Article \/ VibrantFinserv -\" \/>\n<meta property=\"og:description\" content=\"GST and Income Tax ,GST (Goods and Services Tax) is a taxation system implemented in India, which levies a value-added tax. -\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\" \/>\n<meta property=\"og:site_name\" content=\"Knowledge Base | Vibrant Finserv\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-07T11:53:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-12T06:15:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"kbadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"kbadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\"},\"author\":{\"name\":\"kbadmin\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345\"},\"headline\":\"What is the difference between GST and income tax?\",\"datePublished\":\"2023-06-07T11:53:24+00:00\",\"dateModified\":\"2024-09-12T06:15:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\"},\"wordCount\":356,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#organization\"},\"image\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp\",\"keywords\":[\"#Budgeting101\",\"#BudgetingInsights\",\"#BudgetingTips\",\"#BudgetingTips101\",\"#BudgetPlanning\",\"#DirectTax\",\"#DirectVsIndirectTax\",\"#EconomicAnalysis\",\"#EconomicComparison\",\"#EconomicDebate\",\"#EconomicDebates\",\"#EconomicDebunked\",\"#EconomicEducation\",\"#EconomicEducationMonth\",\"#EconomicInsights\",\"#EconomicPolicy\",\"#FinancialIntelligence\",\"#FinancialIQ\",\"#FinancialKnowledge\",\"#FinancialLiteracy\",\"#FinancialLiteracyMonth\",\"#FinancialWellness\",\"#FiscalDebate\",\"#FiscalEducation\",\"#FiscalPolicy\",\"#FiscalResponsibility\",\"#FiscalUnderstanding\",\"#GovtEconomics\",\"#GovtFinance\",\"#GovtFinanceExplained\",\"#GovtFinancialPolicy\",\"#GovtRevenue\",\"#GovtTaxation\",\"#GST\",\"#GSTandIncomeTax\",\"#GSTandIT\",\"#GSTExplained\",\"#GSTInDepth\",\"#GSTInsights\",\"#GSTOverview\",\"#GSTSimplified\",\"#GSTvsDirectTax\",\"#GSTvsIncome\",\"#GSTvsIncomeTax\",\"#GSTvsIT\",\"#IncomeTax\",\"#IncomeTax101\",\"#IncomeTaxChanges\",\"#IncomeTaxDetails\",\"#IncomeTaxExplained\",\"#IncomeTaxImpact\",\"#IncomeTaxReform\",\"#IncomeTaxSeason\",\"#IncomeTaxSimplified\",\"#IncomeVsGST\",\"#IncomeVsSalesTax\",\"#IndirectTax\",\"#PublicFinance\",\"#RevenueSystems\",\"#RevenueSystems101\",\"#Taxation101\",\"#Taxation101Series\",\"#TaxationDebate\",\"#TaxationDebunked\",\"#TaxationDifferences\",\"#TaxationExplained\",\"#TaxationFacts\",\"#TaxationReforms\",\"#TaxationSimplified\",\"#TaxationStrategies\",\"#TaxationSystem\",\"#TaxationTalk\",\"#TaxationTips\",\"#TaxationTrends\",\"#TaxationUpdates\",\"#TaxAwareness\",\"#TaxCode\",\"#TaxComparison\",\"#TaxDebate\",\"#Taxeducation\",\"#TaxEducationMonth\",\"#TaxEfficiency\",\"#TaxImpact\",\"#TaxInsights\",\"#Taxknowledge\",\"#TaxLawChanges\",\"#TaxLaws\",\"#TaxPlanning\",\"#TaxPolicies\",\"#TaxPolicy\",\"#TaxReform\",\"#TaxReformDebate\",\"#TaxReformDiscussion\",\"#TaxReformExplained\",\"#TaxSeason\",\"#TaxStructures\",\"#TaxSystem\",\"#TaxTips\",\"#UnderstandingFinance\",\"#UnderstandingGST\",\"#UnderstandingGSTandIT\",\"#UnderstandingTaxes\"],\"articleSection\":[\"Expat Tax Compliance\",\"GST Compliance\",\"ITR Filling\",\"Tax Registration- PAN\/ TAN\/ GST\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\",\"name\":\"GST and Income Tax\/ Article \/ VibrantFinserv -\",\"isPartOf\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp\",\"datePublished\":\"2023-06-07T11:53:24+00:00\",\"dateModified\":\"2024-09-12T06:15:46+00:00\",\"description\":\"GST and Income Tax ,GST (Goods and Services Tax) is a taxation system implemented in India, which levies a value-added tax. -\",\"breadcrumb\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp\",\"contentUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp\",\"width\":300,\"height\":183,\"caption\":\"Difference between GST and Income Tax\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/vibrantfinserv.com\/kb\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is the difference between GST and income tax?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#website\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/\",\"name\":\"Knowledge Base | Vibrant Finserv\",\"description\":\"Your success, our passion !!\",\"publisher\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/vibrantfinserv.com\/kb\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#organization\",\"name\":\"Knowledge Base | Vibrant Finserv\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg\",\"contentUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg\",\"width\":200,\"height\":95,\"caption\":\"Knowledge Base | Vibrant Finserv\"},\"image\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345\",\"name\":\"kbadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g\",\"caption\":\"kbadmin\"},\"sameAs\":[\"https:\/\/vibrantfinserv.com\/kb\"],\"url\":\"https:\/\/vibrantfinserv.com\/kb\/author\/kbadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GST and Income Tax\/ Article \/ VibrantFinserv -","description":"GST and Income Tax ,GST (Goods and Services Tax) is a taxation system implemented in India, which levies a value-added tax. -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/","og_locale":"en_US","og_type":"article","og_title":"GST and Income Tax\/ Article \/ VibrantFinserv -","og_description":"GST and Income Tax ,GST (Goods and Services Tax) is a taxation system implemented in India, which levies a value-added tax. -","og_url":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/","og_site_name":"Knowledge Base | Vibrant Finserv","article_published_time":"2023-06-07T11:53:24+00:00","article_modified_time":"2024-09-12T06:15:46+00:00","og_image":[{"width":300,"height":183,"url":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp","type":"image\/webp"}],"author":"kbadmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"kbadmin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#article","isPartOf":{"@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/"},"author":{"name":"kbadmin","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345"},"headline":"What is the difference between GST and income tax?","datePublished":"2023-06-07T11:53:24+00:00","dateModified":"2024-09-12T06:15:46+00:00","mainEntityOfPage":{"@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/"},"wordCount":356,"commentCount":0,"publisher":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#organization"},"image":{"@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage"},"thumbnailUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp","keywords":["#Budgeting101","#BudgetingInsights","#BudgetingTips","#BudgetingTips101","#BudgetPlanning","#DirectTax","#DirectVsIndirectTax","#EconomicAnalysis","#EconomicComparison","#EconomicDebate","#EconomicDebates","#EconomicDebunked","#EconomicEducation","#EconomicEducationMonth","#EconomicInsights","#EconomicPolicy","#FinancialIntelligence","#FinancialIQ","#FinancialKnowledge","#FinancialLiteracy","#FinancialLiteracyMonth","#FinancialWellness","#FiscalDebate","#FiscalEducation","#FiscalPolicy","#FiscalResponsibility","#FiscalUnderstanding","#GovtEconomics","#GovtFinance","#GovtFinanceExplained","#GovtFinancialPolicy","#GovtRevenue","#GovtTaxation","#GST","#GSTandIncomeTax","#GSTandIT","#GSTExplained","#GSTInDepth","#GSTInsights","#GSTOverview","#GSTSimplified","#GSTvsDirectTax","#GSTvsIncome","#GSTvsIncomeTax","#GSTvsIT","#IncomeTax","#IncomeTax101","#IncomeTaxChanges","#IncomeTaxDetails","#IncomeTaxExplained","#IncomeTaxImpact","#IncomeTaxReform","#IncomeTaxSeason","#IncomeTaxSimplified","#IncomeVsGST","#IncomeVsSalesTax","#IndirectTax","#PublicFinance","#RevenueSystems","#RevenueSystems101","#Taxation101","#Taxation101Series","#TaxationDebate","#TaxationDebunked","#TaxationDifferences","#TaxationExplained","#TaxationFacts","#TaxationReforms","#TaxationSimplified","#TaxationStrategies","#TaxationSystem","#TaxationTalk","#TaxationTips","#TaxationTrends","#TaxationUpdates","#TaxAwareness","#TaxCode","#TaxComparison","#TaxDebate","#Taxeducation","#TaxEducationMonth","#TaxEfficiency","#TaxImpact","#TaxInsights","#Taxknowledge","#TaxLawChanges","#TaxLaws","#TaxPlanning","#TaxPolicies","#TaxPolicy","#TaxReform","#TaxReformDebate","#TaxReformDiscussion","#TaxReformExplained","#TaxSeason","#TaxStructures","#TaxSystem","#TaxTips","#UnderstandingFinance","#UnderstandingGST","#UnderstandingGSTandIT","#UnderstandingTaxes"],"articleSection":["Expat Tax Compliance","GST Compliance","ITR Filling","Tax Registration- PAN\/ TAN\/ GST"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/","url":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/","name":"GST and Income Tax\/ Article \/ VibrantFinserv -","isPartOf":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#website"},"primaryImageOfPage":{"@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage"},"image":{"@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage"},"thumbnailUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp","datePublished":"2023-06-07T11:53:24+00:00","dateModified":"2024-09-12T06:15:46+00:00","description":"GST and Income Tax ,GST (Goods and Services Tax) is a taxation system implemented in India, which levies a value-added tax. -","breadcrumb":{"@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#primaryimage","url":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp","contentUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/difference-between-gst-and-income-tax-405-300x183-1.webp","width":300,"height":183,"caption":"Difference between GST and Income Tax"},{"@type":"BreadcrumbList","@id":"https:\/\/vibrantfinserv.com\/kb\/gst-and-income-tax\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/vibrantfinserv.com\/kb\/"},{"@type":"ListItem","position":2,"name":"What is the difference between GST and income tax?"}]},{"@type":"WebSite","@id":"https:\/\/vibrantfinserv.com\/kb\/#website","url":"https:\/\/vibrantfinserv.com\/kb\/","name":"Knowledge Base | Vibrant Finserv","description":"Your success, our passion !!","publisher":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/vibrantfinserv.com\/kb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/vibrantfinserv.com\/kb\/#organization","name":"Knowledge Base | Vibrant Finserv","url":"https:\/\/vibrantfinserv.com\/kb\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/","url":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg","contentUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg","width":200,"height":95,"caption":"Knowledge Base | Vibrant Finserv"},"image":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345","name":"kbadmin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g","caption":"kbadmin"},"sameAs":["https:\/\/vibrantfinserv.com\/kb"],"url":"https:\/\/vibrantfinserv.com\/kb\/author\/kbadmin\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts\/648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/comments?post=648"}],"version-history":[{"count":20,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts\/648\/revisions"}],"predecessor-version":[{"id":24219,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts\/648\/revisions\/24219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/media\/11092"}],"wp:attachment":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/media?parent=648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/categories?post=648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/tags?post=648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}