The Exploited TaxPayer

@IndiaNewGen • 43,393 subscribers

We raise practical issues of the Middle class. We decode & explain taxation in simpler terms. Posts on personal finance, corporate, politics, people & society.

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The Exploited TaxPayer

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Employees will not work if the hikes are low, taxes are 35%, layoffs pressure at the back of the mind, consistent high fixed expenses due to EMI's &amp; education, anxiety of inappropriate retirement savings, child's higher education. Across the industry morale is extremely low.

Nirmala should further do this to increase tax revenues. 1. Impose tax on PF interest. 2. A new tax slab of 35% above 20L with surcharge. 3. Remove NPS and PF from new tax regime. 4.remove 5% and 12% GST. Just 18%, 28% and 35%. 5. GST on school fees, rents and college fees.

UK, ireland, Australia, and Canada people are coming out on the streets to protest against Indians who are making noise, throwing garbage, damaging public parks, shouting, honking etc. We should also do the same &amp; come out against nasty Indians in India. India is not a dustbin.

First 5 years of his rule, he completely sidelined the nation's responsibilities. Formed governments in states, put tax money on election rallies. MLA horse trading. His mismanagement started showing from 2020 onwards where income, jobs, savings, consumption started declining.

Videos

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If Anand Mahindra sells 3xo at 15L &amp; govt takes away 5L &amp; ask mahindra to build car within 10L, employees salary, R &amp;D, rents etc will mahindra work? Mahindra deducts all expenses &amp; pay 25k tax at 25% at say 1L profit whereas a salaried class pay 5L tax on 15L &amp; then spend.

Don't pack your bags &amp; jump to India. First stay here for 2 years &amp; decide. Coming for 2 weeks vacation is different &amp; living routine life is different. Watch this video by Ashneer Grover. Tax is competitive to the US, benefits competitive to Bangladesh. Temperature is 46.

Out of 150 crore people, only 2 crores are paying tax. Income tax contributes to almost 37% of the total revenues of the central govt. Even after repeated appeal of the prime minister to tax payers to request 3 people who do not pay tax to pay tax. Our tax rates are crazy rate.

Millenials are choosing to exit the corporate or getting laid off? Is it happening to you as well? Pls share your thoughts.

A family from nashik was attacked by 2 men in Maharashtra with iron rods for 15 kms. Pls do take care of yourselves. We are only safe until attacked. Stay away communicating from locals. Live in only gated communities, stay in good places, visit spots where entry fee is high.

Sanjeev sanyal is warning that the future working population has to bear the burden of high pensions of government employees, Interest payments, cash transfer schemes etc. People will not work because the govt takes more than half of their money. Our kids have to pay huge taxes.

Good shot given to the gutka spitters. Create similar fear among your neighbourhood. They spit on the roads, pee, throw garbage and make your surroundings dirty &amp; healthy. Create an environment that they should think 1000 times before spitting. Piche se kantap padega.

Himanta biswa sharma deposited 9000₹ to 40L mahila voters before elections. Mamta banerjee depositing 1500₹ to mahila &amp; garib voters in Bengal. Does our vote even count? In this democracy, our roles are pay tax &amp; give vote. I am not voting anymore.

I watch 3 hour interview of the chief economic advisor A. nageshwar, sanjeev sanyal, finance minister etc. Not even one podcaster asks them surcharge was introduced in 2013 for 2 years at 10% from 1cr. It was made 50L in 2016. It's the same in 2026. Why?

Rent in bangaluru.25K 1 bedroom, balcony. 90% of Indians earn less than 25K.

You will ruin your 20's but your 30's, 40's, 50's, 60's, 70's and 80's will be great. Choose a job where there is no pressure of generating profits, coming on time is considered as hard working, just being honest is meant efficient, no upgradation required, AI - recession proof.

I pay tax at 35% rate and you are saying bharat in desho main hai jahan sabse kam tax lagta hai. Give me 30 mins of your time and I will show you my pay slips. These babus ministers keep fooling you with tax rates below 12L. It increases drastically and goes up to 39%

As an Indian, I have always loved american products especially american whiskies &amp; beers. India's 150% tariffs cost us thousands. India will not reduce import duties with reciprocal tariffs. Donald J. Trump Increase tariffs on IT imports &amp; India will reduce tariffs in hours.

I don't have any objection with finance minister taking my 35% to 40% of my income from tax. I am ready to forego all govt tax rebates given in last 12 years as well &amp; can pay at 2014 rates. But she is no one to tell me I am high income group or no. It's none of her business.

That's the problem when your PM doesn't understand taxation. Tax payers He doesn't even know what 80c, 80D, HRA, home loan, nps deductions are? Even in 2014, no one would pay more than 70k with income of 12L. He increased the surcharge &amp; passed the burden on the middle class.

I don't know if you are following the news or not but racism against India has increased a lot. Australia, canada, ireland &amp; US a few. Indians are troubling the natives lives by street processions, teasing, breaking coconuts on roads, making noise on Indian festivals etc.

While we compare ourselves with the US, Europe, UK etc, they don't even like their country names associated with India. They all have horrible stories of filthy roads, congestion, spits, foul smell &amp; scams by locals from their visit to India. Even China doesn't compare with us.

I am bearish on India in the long run. Reasons I don't see common men getting empowered, good quality jobs which were outsourced from the US are dying or returning. Bureaucracy &amp; politicians dominate a lot &amp; don't pass on the benefits to the last man. Streets are getting nasty.

Employees will not work if the hikes are low, taxes are 35%, layoffs pressure at the back of the mind, consistent high fixed expenses due to EMI's & education, anxiety of inappropriate retirement savings, child's higher education. Across the industry morale is extremely low.

UK, ireland, Australia, and Canada people are coming out on the streets to protest against Indians who are making noise, throwing garbage, damaging public parks, shouting, honking etc. We should also do the same & come out against nasty Indians in India. India is not a dustbin.

If Anand Mahindra sells 3xo at 15L & govt takes away 5L & ask mahindra to build car within 10L, employees salary, R &D, rents etc will mahindra work? Mahindra deducts all expenses & pay 25k tax at 25% at say 1L profit whereas a salaried class pay 5L tax on 15L & then spend.

Don't pack your bags & jump to India. First stay here for 2 years & decide. Coming for 2 weeks vacation is different & living routine life is different. Watch this video by Ashneer Grover. Tax is competitive to the US, benefits competitive to Bangladesh. Temperature is 46.

Good shot given to the gutka spitters. Create similar fear among your neighbourhood. They spit on the roads, pee, throw garbage and make your surroundings dirty & healthy. Create an environment that they should think 1000 times before spitting. Piche se kantap padega.

Himanta biswa sharma deposited 9000₹ to 40L mahila voters before elections. Mamta banerjee depositing 1500₹ to mahila & garib voters in Bengal. Does our vote even count? In this democracy, our roles are pay tax & give vote. I am not voting anymore.

As an Indian, I have always loved american products especially american whiskies & beers. India's 150% tariffs cost us thousands. India will not reduce import duties with reciprocal tariffs. Donald J. Trump Increase tariffs on IT imports & India will reduce tariffs in hours.

I don't have any objection with finance minister taking my 35% to 40% of my income from tax. I am ready to forego all govt tax rebates given in last 12 years as well & can pay at 2014 rates. But she is no one to tell me I am high income group or no. It's none of her business.

That's the problem when your PM doesn't understand taxation. Tax payers He doesn't even know what 80c, 80D, HRA, home loan, nps deductions are? Even in 2014, no one would pay more than 70k with income of 12L. He increased the surcharge & passed the burden on the middle class.

I don't know if you are following the news or not but racism against India has increased a lot. Australia, canada, ireland & US a few. Indians are troubling the natives lives by street processions, teasing, breaking coconuts on roads, making noise on Indian festivals etc.

While we compare ourselves with the US, Europe, UK etc, they don't even like their country names associated with India. They all have horrible stories of filthy roads, congestion, spits, foul smell & scams by locals from their visit to India. Even China doesn't compare with us.

I am bearish on India in the long run. Reasons I don't see common men getting empowered, good quality jobs which were outsourced from the US are dying or returning. Bureaucracy & politicians dominate a lot & don't pass on the benefits to the last man. Streets are getting nasty.