LimpShrine
India’s tax collection is growing like crazy; At this speed the politicians will be billionaires
19mo ago
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I hope this money gets utilised properly. But I can only hope lol
Statues bruh!
And stadiums
Rise of tax is inversely proportional to the public infrastructures. Government schools are on the decline, public Healthcare on decline, and what not. But tax will keep increasing, we will keep paying until we become poor, and our opinions won't matter because salaried middle class are a tiny droplets in the ocean of population.
Exactly. A lot of progress currently is coming via the private sector which is empowered
Lol pointless figure if you dont share tax as a %age of GDP. Of course taxes as an absolute will increase as GDP increases but is it increasing out of line with it or below it? What is the benchmark with other countries at all sorts of PCI levels?
GDP contracted during covid
the grew again to a level that is still less than what it was before COVID
before COVID economy was growing at 4%
Most politicians are already billionaires. Check their election commission affidavits. And booming tax collections are a sign of high tax rates as growth is pretty much stagnant
Don’t you think it’s kinda not fair to tax people especially in metro cities who earn less than a lakh a month. The cost of living in these places are already so high and due to that they may not even be able to make any investments. 12 ...
Inspite of so many "better than earlier govts" reforms in the last 10 years...the govt hasnt done much needed reforms in the income tax regime.
The govt is doing a few good things like dissolving inept psu's, selling off entities like A...
This is known issue but as an developing nation, this needs to improved and worked upon
