This really hit to core

Who cares for such mundane things in VISHguru era 🌝

We pay first world level taxes for a third world social security with 0 benefits.

It's been 75 years of taxes now. Why people are still crying about it? Are these guys stupid or what? If you really have such a problem with taxes, go ahead and open a business. No one forced you to do what you do. And it's not that suddenly one day the govt chose to implement taxes. It was always there since our country became independent. Just a PR stunt.

First time agree with a jutuber

Why are people forgetting that tax is limited for a Financial Year? You just pay a tax for first time and think it'll be same till your death CA's are like, bruh you didn't know I existed, your fault And if someone paid 40% this year, he'd pay less than that next year, since he got his brain in his place 🤷

Ya and if u scale ur lifestyle thinking u’ll keep the 1 crore salary then u’ll be in a lot of trouble

anyways, we all need to agree, double taxation is scam. you pay tax when credit and again when you r spending...

if you are honestly paying taxes in this country, you are mentally retarded.

That’s what I am thinking from last many days since layoff news are around that we pay very high taxes and don’t get good facilities (road, water, street lights, services etc). And when job goes away due to layoff then govt has nothing to safeguard our livelihood.

If you are earning 1lac, register yourself as a freelancer. This way you can claim 37.5L as expenses, without having to submit receipts. Talk to your company accountants. The rule is 50% of income till the cap of 37.5L (i might be paraphrasing). So taxable income is 62.5. You pay ~20L in tax. Other way is to structure the pay package such that you get reimbursed for every small thing that is tax deductible. Eg: rent, office rent expenses, phone, car, etc. can be tax deductible if this is the part of your benefits. I don’t know the exact rule here, but many companies do it.

Remember the Kaamwali that cleans your home, washes your utensils and cooks your food. The safety net is for them. Without this you will either be doing your own house chores or paying a much higher salary to these people so that they can pay the fees for private schools and hospitals. The reason you are taxed is not to provide services to you. But to account for the fact that you are able to do those things because someone at the bottom of economic pyramid is doing the shit jobs and they need that safety net. And even if those who benefit may not be working in your home but a mine in Bihar, their work ultimately creates either leads to comfort or economic benefits for you.

Only way to save tax legitimately is if you register as a service provider instead of employment .. or there is always the option to reduce your income to 7 lacs..😉

Revert back to barter system. Take GOLD as Salary 😈😈😈😈 or ask company to buy land for you in lieu of salary. 20L Salary + 50L worth of land / Shares of a public company.

Does Sodexo help to save tax? They say sodexo amount is not taxable but I feel I pay more taxes while using sodexo amount on foods, plus govt have made online ordering food expensive. So in which world does sodexo is not taxable?

Deal pakki. But mil to jaye pehle 😅

His posts are such a brutal blackpill for anyone living in india.

Paid ca. 12lakh TDS..another 5lakh STCG and LTCG on equities plus dividends ...India not for weak hearts..