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.
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
Ser, everyone still pays indirect tax on every purchase right from parle g to sunflower oil to property purchase
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.
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
What do you mean not getting anything, The FM says Thaali 👏 bajao for the taxpayers in her budget speech this year. Aur kya chahiye?
Lmaooooo
Be careful though, if you criticise the govt too much the IT cell boogiemen will appear, chanting "pidi pidi khangress eNREGA pidi pidi"
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.
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…
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.
India really should move more towards indirect taxes(consumption driven) more and gradually eliminate income tax. Income tax should only be for HNIs.
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 ...
Whenever I read foreign media outlets, India is the new Asian Tiger that will outpace most emerging economies in growth. But Indian media and Indian people act like India is the worst place to be.
The dichotomy is extremely confusing....
Lack of opportunities, too much competition and no support from government (unless you know someone who knows someone...
I work for an MNC now. Not too high not too low salary. I have 7 yoe and I'm thinking of moving abroad considering the shit show of facilities vs taxes here.
Any advices?
I don’t know how. But can you make a thread when you figure this out Virtual hugs 🫂 in advance
