SillyDumpling
SillyDumpling

Salaried employees are fucked for life

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.

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ZestyQuokka
ZestyQuokka

Exemption limit means? Anything above 1.25L will be taxed at 12.5?

CosmicPotato
CosmicPotato

Yes

WobblyCupcake
WobblyCupcake

Profits above 1.25 lacs will taxed

PrancingNoodle
PrancingNoodle

Is it taxed only if you sell? If every year I sell such that profit is less than this will I still pay tax?

JazzyCoconut
JazzyCoconut

Not if LTCG falls in the exemption limit.

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Misc
Misc11mo
by FuzzyMuffinSoftware Developer

Why do people keep ranting about income tax

Bro, you are earning. Shouldn't you just be grateful that you are not born in war torn Afghanistan or disease ridden Africa. I mean life could be so much worse. In fact, the only difference between you and the office boy is the household...

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user

Oh, I thought this must be some smart argument, the moment I read “difference between you & the office boy is the hou...

user

I'm okay with paying income tax. I'm not okay with the rest of the 97% paying no income tax.

user

I pay a hefty amount every month as tax. My dad pays 2.5x the hefty amount as tax every month. We both drive on...

Misc
Misc7mo
by MagicalHamsterInvestment Associate

Thoughts on staying in a luxury hotel, and income tax crossing corporate tax...

Writing this from the lobby of a good hotel in the city There are 3 types of people I see around me:

  1. Foreigners (50%): Mostly on business travel. From various countries. Their economies and companies can afford to pay for this, it's...
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user

It's a bit too much calling business owners thieves bro. Your hotel stay is paid for by a business too. That's risk a...

News Discussion
by SillyKoalaAccenture

6 months since saurabh from mckinsey committed suicide, and now a ca in ey passes away due to a stress induced cardiac arrest – these consulting fuckers are ruthless.

fuck this shit. how many more lives do we need to lose before we wake the fuck up? saurabh kumar laddha, 25, jumped from the ninth floor after a grueling day at mckinsey. a few months later, anna sebastian perayil, 26, worked herself to ...

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user

We really need a corporate employees union in India. Companies will keep targetting individuals but with a union they...

user

I’m sick of seeing this happen again and again. Parents, families, it’s on us now! We can’t rely on these heartless c...

user

Really well put. "Corporate manslaughter" is the perfect term for it imo — we should spread it far and wide on social...