Income tax

This is known issue but as an developing nation, this needs to improved and worked upon

We have done it. We contribute more to the country in taxes than corporates. Let’s celebrate this historic and absolutely patriotic moment in our broken dreams, in our rented homes, in our over taxed cars, in our pond sized potholes, in our over priced healthcare, in our price gouging education, in our humiliating public & pvt infra, in our barely present desire to live, Pride yourself in what you have achieved and shut your mouth about any criticism you have, for that’s not what you are here for.

The last I saw, to be in top 1% individual in terms of wealth, you needed to have assets worth $77k. This is from news article of 2020. Sharing link here - https://timesofindia.indiatimes.com/business/india-business/this-is-what-it-takes-to-be-in-the-1-around-the-world/articleshow/74057315.cms Now, based on new data, you need to have assets of around $175k. Approx 150% rise in 3 yrs! Link for the same - https://www.moneycontrol.com/news/business/real-estate/indias-ultra-wealthy-population-to-surge-58-4-in-next-five-years-knight-frank-10605531.html Is anyone here in top 1%?

This should help everyone understand the true picture of income brackets Indians fall in, where do viners belong?

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

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.

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.

No tax relief for salaried class. What are your thoughts on the overall budget? What reforms were you awaiting or what do you think are absolutely necessary to uplift the middle/ below middle class of the country?

Do you think we are being cheated by the government! We are paying every form of tax available on earth 🌍