It's funny how people expected lower taxes in the budget, but now they'll pay more on STCG and LTCG. No wonder over 5,000 millionaires, salaried individuals, and top talent are leaving the country every year.
They increased the standard deduction in new regime from 50k to 75k and called it as "a tax relief to middle class"
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 a...
This government’s primary intention is to collect more and more taxes in whatever mean’s possible. They don’t give a ...
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?
