Percentage of Total CTC did you pay in tax ?

I just want to vent out! Many businesses are earning double than me and paying less than 50% of tax and yet here I am as a professional bound to pay tax. And that’s not enough, I still can get audited!

https://www.linkedin.com/posts/prakash-kewalramani_india-tax-ugcPost-7157215325560713216-Cp76?utm_source=share&utm_medium=member_android Do you agree with current taxation slabs?

Every year we work for almost 3+ months ONLY FOR GOVERNMENT. It really hits hard and an eye opener as we barely get anything in reverse.

In India people who are earning beyond 70 lpa. They tend to fall under the high tax bracket which involves surcharge on tax too. Which could level up their tax too. Now is this tax worth it when compared to what tax payers get from the govt? Total tax % could really be higher for an individual. Given the tax %, would it be wise to consider moving out from India for better value for tax? Now this tax is considering after exhausting all the tax savings sections and FBPs except the political donations. Genuine answers only. Coming days I would be asking a few more tax related questions.

Bro, you are earning. Shouldn't you just be grateful that you are not born in war torn Afghanistan or disease ridden Africa. I mean life could be so much worse. In fact, the only difference between you and the office boy is the household you were born in. If that office boy was born in your home, he probably would be as successful as you. You already won the lottery. Why not just do your part and pay the income tax so that the tax money can be used to provide a better life to those who are unprivileged. I am not excusing the corruption in the system but just find the cribbing unbearable Just be greatful

Seems like since last year the focus of government has shifted from actually making beneficial policies to enable innovation and growth of India to just collecting taxes blindly. They just want to harvest tax in as many ways possible and kill the middle class person. First it was crypto. Then us salaried individuals started receiving notices. Then they levied 28% GST on online gaming. Now they are also checking proofs for HRA allowance and other stupid stuff which wasn't done before. I was wondering why there is a sudden increase in such incidents? Is the government hiding something? Are they running out of money? Or are they just smoking weed just like us and making stupid rules?

- No changes in old regime. - No tax reliefs. - No changes in 80C - Increased STCG and LTCG for stock and MF investments. They increased the standard deduction in new regime from 50k to 75k and called it as "a tax relief to middle class"

I still can’t comprehend the tax system in India. We pay almost 30-33% tax to govt n pay gst of 10-18% on every product that we buy n not to forget exercise duty on petrol/ diesel. What do we get back in return? Health insurance nope! Free education nope! Not even decent interest rates on loans and any political party is just an other party which loots people in the name of democracy. My neighbour is a fruit vendor who holds multiple stalls but never heard him paying tax. Whats the way forward as no political party pays heed and only handful pays the tax.