SwirlyPretzel
SwirlyPretzel

Every rupee out of three but truth is 50:50:

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.

15mo ago
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GroovyBoba
GroovyBoba

We pay first world tax rates to get third world benefits and a second class citizen treatment

Only 7 cr people pay taxes out of 140cr and 4cr out of that pay a 0 tax rate.

Tax the farmers, landlords and paw bhaji walas making 20l per yr

ZippyMochi
ZippyMochi

Ser, everyone still pays indirect tax on every purchase right from parle g to sunflower oil to property purchase

BubblyBiscuit
BubblyBiscuit

That is a miniscule amount isn't it?

When only 2-3% people are actually paying taxes (mostly middle income groups) it feels like we're the only fools in the country.

GoofyHamster
GoofyHamster
Swiggy15mo

Yeah, being white collared is just crazy. It's a sad day when I file my taxes

My friend is an interior designer, not too high end but still makes more than me despite me having a 50L+ pa ctc. She just does all her dealings in cash and files taxes in the lowest income bracket

ZippyMochi
ZippyMochi

She's taking on a lot of risk as well by dealing in cash

GoofyHamster
GoofyHamster
Swiggy15mo

What kind of risk?

ZestySushi
ZestySushi
Meesho15mo

What do you mean not getting anything, The FM says Thaali 👏 bajao for the taxpayers in her budget speech this year. Aur kya chahiye?

ZippyMochi
ZippyMochi

Lmaooooo

Be careful though, if you criticise the govt too much the IT cell boogiemen will appear, chanting "pidi pidi khangress eNREGA pidi pidi"

WobblyPancake
WobblyPancake
Turnip15mo

We service sector slaves are running the country basically.
These assholes with huge Bungalows list themselves as homeless.
Also love the fact that ITD fucks us over some discrepancies in tax return but doesn't bat an eye over these business owners.

JumpyPretzel
JumpyPretzel

Recently they have started sending noticed for 10 yr old ITRs. I am worried about 3 yr old ITR for which they had sent a notice once but I duly ignored it. The notice was for a discrepancy of missing out mentioning FD interests, I just slept over the notice…

PeppyNugget
PeppyNugget
Tavant15mo

What is stopping you from paying tax which is due from you. Now it is online, pay the outstanding demand if you had not shown the interest earlier.

ZoomyPotato
ZoomyPotato

India really should move more towards indirect taxes(consumption driven) more and gradually eliminate income tax. Income tax should only be for HNIs.

ZoomyPotato
ZoomyPotato

That eliminates the need for constantly monitoring people for taxes to a great extent.

FuzzyDonut
FuzzyDonut

Right now we have both. High indirect taxation and high income taxes

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