Increment in tax [Budget 2024]

Drop your thoughts about ongoing announcement from Budget. Drop an announcement and underneath people will add their thoughts

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?

All the UNBOOKED Gains in your Portfolio would now attract - 25% MORE LTCG (10% to 12.50% is NOT 2.5%, but 25% more), Surcharge extra as applicable. 33.33% MORE STCG (15% to 20% is NOT 5%, but 33.33% more), Surcharge extra as applicable.

We pay income tax, gst etc, no benefits interms of healthcare, education, good quality of life etc. We save our hard earned money to invest in markets to get good returns for our retirements etc. Indian gov is taking money from there as well.

Coming Tomorrow.. What is your expectation?

Budget 2023 What's cheaper and what's costlier?

Govt of India is best at killing Middle Class. What percentage of your total CTC did you pay in tax. Income Tax department id the new Sahukar.

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

I am straight outta clg, asking for me and my friend. Dont know shit about taxes epf gratuity and esops etc, will study about it soon but just wanted to know the figures now so that i can tell it at my home. Thanks Grapeviners and wish u a merry Christmas 🎄.