Unfortunately, Cars continue to be taxed heavily pushing the consumers to opt for budget friendly cars which are unsafe by global standards. Although taxes continue to form bulk of the Car pricing, there is a slight correction to the video: The correct way to calculates taxes is by using the following Equation -> Ex-showroom price = Factory Price + 28%*(Factory Price) + (Cess)*(Factory Price). Now you have to apply Road Tax over the Ex-showroom price to get the On-road price. So lets take example of Fortuner as shown in the video: Ex-showroom Price = 33.4L Plugging the above equation, We get the following - Factory Price = 22.2L GST = 6.2L CESS = 4.9L No we have road tax on top of it - 20% in case of Fortuner bought in Karnataka = 6.7L Total Price of Fortuner = 40L Total Taxes paid (incl Road Tax) = 17.8L which is 44% of the on-road price of base model of Fortuner. If you think about it, given the factory price of Fortuner as 22.2L, customer pays 17.8L as taxes thus in actuals, tax rate n Fortuner is 80%+. I hope this gives a quick insight into the calculations performed. All the other things said in the video stand as it is.
Excellent video bro but you missed most selling car Brezza, plz include that for comparison in the same video along with creta. So many can relate to this.
Thankyou for making this video, I did not knew about this taxation. Although pls help me to understand that if there is 1% cess on budget cars, we can't blame govt for absence of safety standards. It's on the companies.
And one more thing, can you plz create a video with same 30% tax slab on a 80 to 90% car loan because many people go for 100% funding instead of full payment.
Right thought. Leave asap if you can, unfortunately I missed the train when I had a chance, but still will keep options open and try to leave if possible just because want to give my son a better life
Shame on our FM for this kind of tax system... very disappointing to see such a flawed tax system. On top of that, we’re purchasing these cars with our salaries, which have already been taxed at 30%. It's truly frustrating.
Tax system of India.. It is the best tax system in the world. it provides us unlimited benefits. Unlimited potholes in the road. High Priced Education. High prices Medical System. Pitch black roads with no street Lights. Proper Slum areas. Free Trash Dumping areas all over. Heavy Traffic. Extremely unplanned Road maps. Etc. etc. We are getting so much benifits. India's Tax system is the best..
British made better infrastructure than us in 2024. Look at CSMT, Chennai central, Howrah bridge, Howrah station. And look at currently built stations like SMVT Bengaluru. Class apart
True. EAM Jaishankar gave a befitting reply tothat European news anchor who asked this question that India is buying lots of oil from Russia. But the increased oil purchase from Russia at discounted prices it's price benefit was never passed on to the people of India. That why Mao called India a gappi gai (गप्पी गाय)
That’s a shame for our nation. Nation is made by their citizens. Thus their safety matters. Govt is forcing us to unsafe cars where there are so many accident. Shame
Sirji , you are Correct. But see the Population explosion in India 🇮🇳. For serving poor and for overall momentum of a "Developing" country like India the Tax burden will always be there and we citizens have to bear the burnt of Taxation. In India only 3 % of our Population file ITR( Income Tax Return)
Popular explosion in India or up/Bihar? Mumbai fertility is 1.4 and Maharshtra fertility is 1.6. slums population is more due to up/bihari and bangladeshi@@ranjit5229
But hairan to sb se jyada middle ya job class hi he q ki sidhe sidhe uko kaat ke hi diya jaa rha or baad me fir se kaata jaa rha baar baar Tax bolo ya chu..ya.
Short term capital gain 20% tax Long term capital gain (Min 1 year) 12.5% tax and 1.25Lac capital gain exempted. Fridge and Ac is luxury for hot weather country like India moye moye. Space technology on road moye moye. Be thankful that Goods and Sitaraman tax is not taxing you for breathing oxygen 😤
Buying a car has become difficult these days for common man 20% cess 28% Gst ( non claimable) Road Tax This is outrageous I hope government will give some relief 🙏
Ghanta kuchh Karega... Middle class wale motorcycle pe hi mar jayega... Or car unke liye dream jaise hi rahegi.... Mera bhi shauk hai car lene ka but tax dekhkar himmat nahi hoti....😢😢
@@anilneuro9651sirf car Lena logo ka sapna nahi hai woh car mein status symbol bhi hona chahiye warna TATA nano jaisa haal hojhata hai middle class logo ke liye hi bani thii flop hogayi Government sahi hi kar rahi hai car pe itna tax laga rahi hai kyu ki itna tax ke karan woh mahengi rahti or status symbol bhi bana rahta hai nano jaisa haal nahi hota
EVs have only 5% GST at present. Not 28% , No Cess , No Road Tax. You pay for the product. . This is for maybe a couple of years more , then they will start tapping this revenue as well.
Bol woo rahee hain par shabd modiji kee hain...agar modiji chahtee to unhe remove kar saktee thee third term mein lekin BJP chahiti wahi hai jantaa ko lootoo aur corporate ki gulami karo
Nirmala is under Modi's government and she is not even elected, Modi appointed her indirectly. If Modi really wanted to lower the tax he could have done it right away with a single order.
@@Hunter.1999 Look at old regime income tax and new one, Old regime had Far more benefits to middle class than new one when adjusted for inflation. Just Admit that Nirmala is worse FM than anyone else before her. She doesnt have nay concern for national intrests other than looting the middle class.
Before all this Now 100% additional tax for import duty for cars not manufactured in india, thats why G-wagon which is sold for 90lakhs in prosperous countries is sold for 3 cr. In india
Sheesh I didn't know they just have to pay 4 percent.. Hw can we even Brain drain when our shit government is doing this. main reason is population ..It keeps on increasing n government keeps on earning.
Yes, the thing is then the arguement turns towards how we are way different from America and how their taxation structure doesn’t suit us. But yes, cars are a lot cheaper there
@@InsightsByApoorv and what perecentage of americans pay tax and what percantage of indians pay tax make a video on that too we are theives so we are ruled by theives
As subrahmaniam swamy said, the tax we are paying is going into politicians' pockets not used for country development. Tax like Switzerland services like Somalia.
@@aryankumar1833 galat hai amabani tho a bohot gov support se company chalake kamaya hai ... but gov employee kuch kam nahi karte aur desh ka 10% GDP ghoos me kha jate hai... you have to open state gov bugets to understadn the truth.... 90% of taxes goes into salary and pension...
I calculated almost this. Then I’m thinking of getting a cheaper used car. I will be fine not spending too much. India is only for rich. And rich people are leaving India to at least get a better overall facilities even at this amount of tax. Plus cars and stuffs are cheaper
Bro I used to think if I was born in india. But seeing thing video Indian are so not happy 😂. In my country tax is 220% in car and 140% in bike and varies according to cc. Also yearly I am paying road tax rs 12300 for dominar 400 which I initially purchased for 6 lakh rupees😂
Used car? If you are in Delhi even that is not a good option because after 10 years diesel cars and 15 years petrol car can be run in Delhi. So if you buy a used car you will only be able to use it for few more years. May be EV would be better option, but then EV charging infrastructure is also nonexistent.
Last month, i thought of buying a new car but instead i bought second hand car with cash.... After watching this video i am very happy with my decision
Instead of asking to reduce taxes on cars, we should ask for a proper public transport system. It's good for the people (less expense), govt (increased revenue) and the Earth (less carbon emissions). The reason for levying high taxes is to discourage the purchase of cars. But still, the idea to levy taxes is what our country is good at, however,utilizing them for the purpose it has collected is what no govt has ever accomplished.
bhai main le hi nhi rha gaadi ye video dehne ke baad, paidal chla jaaunga par gaadi nhi lunga. Hats off to you for making such an informational and great video. Keep up the good work. Thanks.
Great video. It’s not just this, the tax system broadly in India is unfair to middle class. And the services provided in return for the tax is pathetic ( I understand the population aspect but that doesn’t justify this stupid scheme).
India is just meant for exporting talented and burdened middle class to other countries, so that other countries get richer. The govt just want some quick and dirty solutions to win elections every 5 years, so they can't think of sustainable solutions.
This is what happens when you have a country of poor people. More than 80% of Indians (that is 120 crore out of 150) earn less than 50k a month. So the Government is looting the middle class who can dream of buying a car from their meagre salaries by charging high taxes. When you buy a good, safe, and reliable SUV like Fortuner, you are paying almost 17 lakh Tax on its 38 lakh price. Just imagine the looting by the government. This is India, sadly!
It's Indian mindset largely. To be destructive, literally and figuratively. Even if we look at our hill stations they were much better under the British administration. But now look at them.
@@thecomment9489 I oppose the heavy taxes, but does anyone ever wonder why there is so high temperature in summers these years? It wasn't the case a few years ago! If more of our huge population starts buying AC and SUV, then it would happen at the cost of the lives of all those, who have to do field work, all who can't still afford and also all animals. And trees too have a limit of how much heat they can withstand. It would be another epidemic worse than corona. Development should be sustainable, not blind. If we really have to compete with the west, then it must be in education, technology, research, ethics, loyalty towards nation and culture, strength, originality. It is shallow to blindly invest in these superficial showoff toys, like some newly rich neighbor.
@@jaisonjames3683 fridges are a necessity, and I believe anyone with home own or rented, already has a fridge, TV, etc. which are considered luxury by stupid govt. officers. But it is a fact that everyone doesn't own an AC, and also, most people can easily lead their life without an AC or car.
Excellent Point picked by you in the last. I had exact thought if government really cared about people driving safer cars, they should have just reduced the tax so people could buy better cars. It is also a curse for Manufacturers working on such low margins.
Messed up system. Road TAX taken and look at the roads!! Very well said my man. Excellent work. Thank you for taking the time and actually doing something against the flawed system. I hope this reaches everywhere.
I dropped idea of buying a car in india after watching this..I am good with ola and uber..I am a resident of japan and the taxation here is really very simple..its flat 10% on everything from car to vegetables. But i don’t regret in paying taxes here because government provides all the facilities such as affordable health care, free education, good roads and public transportation, etc.
Good content and good clarity. No stupid music... no other excesses to grab eyeballs... honest content is sufficient content! Very smooth transmission indeed!
Koi fayda nai h bhai... You can't wake people up... People will die of starvation but still choose to follow someone who is eating on their hard earned money
@@Smithsam78cos right before the elections, the netas will come up with their own scripts and agendas to convince the poor public.... People circle around the same thing again and again... And the so called netas keep on looting the whole nation 😢
Hey! love your video, narration, editing, well researched. And pragmatic and intelligible enough for common people I would like to give a few suggestions ....(in reply)
1. Classier background music 2. Not to hurt your sentiments different outfit 3. A pragmatic solution for gov, (feasible) if you think these are worth trying please do try!
Hello sir 94,000 ka splendor liya. Jisme 14% cgst 8416 ,14% sgst 8416. 60,118 ki gadi ki price 76,952 hogya. Uske bad rto , municpalty charge , liability primium , own damage premium , acceries , insurancemilake 94,000₹ diya. 60,118-> 76,952-> 94,000 60k ki gadi 94000 me liya. 😢
I was planning to buy a used car as my first car being a college student. But now I am thinking of saving that money and nove to dubai to get a better life. I am already done with the struggle that comes with living in India.
Eveything you said is correct because i have recently bought a car in other state so i have to registered that vehicle in my state with all the documents of the car with me. One day i was going through those documents and saw GST which is around 2.55 lakhs and cess around 1.60 lakhs. What a bizarre😢 This is going to continue because no one questions the government that what they with our tax money?
This all cess and tax are for farmers and people below tax bracket ,maintaing the public hospital public school and all public scheme those which we don't use,basically , we are paying for their welfare scheme their medical expenses, their education and all....agar isse gari se koi autowaale ko agar thora touch kar diya those people only harass you,maybe damage some part of your car.....
Please compare the taxation on Vehicles in India and other car centric nations like US, Europe and Germany. We should also know where we stand as a consumer internationally.
Just came across this channel. How impressively and simply you explained this extortion in the name of the tax by our government. I have been aware of this issue but shocked how the general public is still unaware of how deeply the government fu*ks the middle class. Thanks for making the public aware on these highly important issues. Subscribed to your channel. Looking forward to more eye opening content like this one. Keep it up!
There is so much traffic with expensive cars and petrol, imagine what would happen if they are cheaper to buy and operate. I my area everyone has at least one car in their family and they dont even have places to park them , all cars are parked on the street most of time, it cramped, the wide streets had become thin
Very informative. Indian middle class is uplifting. Many new families emmerged which would fulfil their dream of owning a car. Even 2nd hand Market is flourishing. So it is important that they know where their hard earned 9 to 5 money is going. Keep up the Good work👍
One suggestion: those who are paying income tax or filing itr should have separate lower tax percentage and those who aren't paying taxes should have a higher percentage... this could be applied on items like cars, household items, insurance schemes, capital gain tax etc.
Only reason to have these high taxes on cars is to have less traffic congestion and parking space issues. But it is needed that the public transport be super good to offset the car needs.
Worst Tax policies for transport in india. Just dont buy cars for 6 months, the govt will bend on their knees. First pay income tax, then after that when buying a car from hard earned money, this much GST and CESS, then pay registration tax, insurance+ gst on insurance, ( and if you purchase on loan, you pay GST on loan amount), then pay the tolls and on every litre of fuel Govt is charging more than 33 RS tax. What the hell is going on.
Unfortunately, Cars continue to be taxed heavily pushing the consumers to opt for budget friendly cars which are unsafe by global standards. Although taxes continue to form bulk of the Car pricing, there is a slight correction to the video: The correct way to calculates taxes is by using the following Equation -> Ex-showroom price = Factory Price + 28%*(Factory Price) + (Cess)*(Factory Price). Now you have to apply Road Tax over the Ex-showroom price to get the On-road price.
So lets take example of Fortuner as shown in the video:
Ex-showroom Price = 33.4L
Plugging the above equation, We get the following -
Factory Price = 22.2L
GST = 6.2L
CESS = 4.9L
No we have road tax on top of it - 20% in case of Fortuner bought in Karnataka = 6.7L
Total Price of Fortuner = 40L
Total Taxes paid (incl Road Tax) = 17.8L which is 44% of the on-road price of base model of Fortuner.
If you think about it, given the factory price of Fortuner as 22.2L, customer pays 17.8L as taxes thus in actuals, tax rate n Fortuner is 80%+.
I hope this gives a quick insight into the calculations performed. All the other things said in the video stand as it is.
awesomely explained
well explained with a example
Excellent video bro but you missed most selling car Brezza, plz include that for comparison in the same video along with creta. So many can relate to this.
Thankyou for making this video, I did not knew about this taxation. Although pls help me to understand that if there is 1% cess on budget cars, we can't blame govt for absence of safety standards. It's on the companies.
And one more thing, can you plz create a video with same 30% tax slab on a 80 to 90% car loan because many people go for 100% funding instead of full payment.
Ironic that the British taxed us less than this! This is nuts.
Ek time British aaya the iss Desh ko ghulam banane ab gujrati aaye hai
Ek time British aaya the iss Desh ko ghulam banane ab gujrati aaye hai
False. ua-cam.com/video/gIzQxNZfGM4/v-deo.htmlsi=iPGCHe1te2FzkOji
In 1947 the white skin just got replaced by brown skin and we call it independence.
Sher pala hai, kharcha hogaa😎
I was planning to buy a car, but now I am thinking of saving more money and leaving this country.
Right thought. Leave asap if you can, unfortunately I missed the train when I had a chance, but still will keep options open and try to leave if possible just because want to give my son a better life
Try for second hand
Even if you need to buy a car may be just by a hatchback. That is less taxed... for now.
Cars are even more expensive out there....... But ofcourse your lifes value will increase in a developed nation.
@@tykemonster6416sadly people like you allow the goverment to do this by getting these uneducated cucks into power.
AC and fridge is luxury? India is really a superpower.
Even if we ignore AC, Fridge is a luxury?? what a joke
@@rajarshikarmakar1604You forgot about air purifier
Even smartphone is a luxury
@@HangingQueen no it is a necessity in this modern world
Even I also thought that refrigerator is a luxury good ? BC ye sb sunkar Bharat vishwaguru jaldi banega😮
Good Insight. In India Taxes are extreme, Benefits are low. Middle class getting poor, Poor are dying by poverty.
Our FM is literally arogant and when someone asks on high tax they are very insensitive to laugh it out
Lol if GDP growth happens, vishwaguru is praised, and when huge tax comes, blame selectively shifts to nirmala. What a coping mechanism
@@inamuddin7942he didnt say anything abt gdp. And ofcourse nirmala is responsible. Only subramaniam swamy is worthy to be FM.
Only a fool think that our decisions come from FM. She is just a rubber stamp, such important decision come from top.
Why don't you understand... Modi is the reason!
@@CoderrX yeah FM is just for rubber stamp. Such important economic decisions comes from Upper level
Thats why i have no grudges or hatred towards people who commit tax fraud.
Yeah man, me tio
I would also go by same route
Exactly. Before prosecuting them the government should be sued. For not providing anything from the tax.
@@N0Xa880iUL 🙌🙌
Something tells me you do.
Shame on our FM for this kind of tax system... very disappointing to see such a flawed tax system. On top of that, we’re purchasing these cars with our salaries, which have already been taxed at 30%. It's truly frustrating.
common nirmala L
Modi ko kon gali dega, vo toh innka papa hai na, vo toh ek he order se systumm change kar sakta hai naaaa.....!!!😂😂
It's not flawed....it's by design. We just follow the old tyrannical british looting tax system and just named it Indian tax system.
@@1andtheOnly don't always just push every problem to the britishers. They are just smarter than we(Indians) and that's a fact....🤌🏿
Brown Sahibs.
Bro forgot toll tax even after paying road tax.
Toll tax is to build roads and road tax is to use that road
@@Tambdubillota😅 after road is build why we need to pay separate additional tax to use it.
The toll is for NH, and road tax is for SH
@@Tambdubillotawhat are u smoking... Shameless nincompoops
Car lene ka interest chalagaya iss video ko dekhne ke baad! BC😪
@@Tambdubillotafuel pe 1% additional road tax lagage toll tax end karna chaihiye
Tax system of India.. It is the best tax system in the world. it provides us unlimited benefits.
Unlimited potholes in the road. High Priced Education. High prices Medical System. Pitch black roads with no street Lights. Proper Slum areas. Free Trash Dumping areas all over. Heavy Traffic. Extremely unplanned Road maps.
Etc. etc. We are getting so much benifits. India's Tax system is the best..
Very detailed description - well written! Wonderful uses of our tax!
high car taxes would make sense if public transport was good but that's not the case in india
Railway infrastructure improve
Exaclty 💯
Now we realise, angrezo ka salt tax was nothing in front of our own government 😂
vohi thik the
British made better infrastructure than us in 2024. Look at CSMT, Chennai central, Howrah bridge, Howrah station.
And look at currently built stations like SMVT Bengaluru. Class apart
Britishers were chad fr
@@ku5285 Yes it is true. And those who say we can build them without Britishers, we would have done it by now.
Isse acha toh Britishers hi rhte kamse kam England mai aaj kaam toh kar sakte bina visa
Government is a self-authorized dacoit. Look at the fuel price, it increases with the crude price but never decreases.
Gujrati log dacoits hote hai, khoon mai chori chakari jhoot bolna chuna lagana vagera vagera yeh sab khoon mai hi hota hai, yeh vote dene se pehle samajna chahiye
True. EAM Jaishankar gave a befitting reply tothat European news anchor who asked this question that India is buying lots of oil from Russia. But the increased oil purchase from Russia at discounted prices it's price benefit was never passed on to the people of India.
That why Mao called India a gappi gai (गप्पी गाय)
fr
there is 50% tax of petrol in india... actual rate of petrol is 40-50rs
They know EVM give positive result😅
That’s a shame for our nation. Nation is made by their citizens. Thus their safety matters. Govt is forcing us to unsafe cars where there are so many accident. Shame
Govt is forcing us to take loan so they can earn from Tax
Sirji , you are Correct. But see the Population explosion in India 🇮🇳. For serving poor and for overall momentum of a "Developing" country like India the Tax burden will always be there and we citizens have to bear the burnt of Taxation. In India only 3 % of our Population file ITR( Income Tax Return)
Popular explosion in India or up/Bihar? Mumbai fertility is 1.4 and Maharshtra fertility is 1.6. slums population is more due to up/bihari and bangladeshi@@ranjit5229
Because Who votes for their issues?😂
💯
I m feeling proud that soon I'll leave india ❤
And leave with my family and give them better lifestyle💝
It is me here same thing
Taking tax like 7star giving service like Street food 🤢🤮
Not even street food bro....food served to beggers 😢
Street vendors serve even better than our government 😅
What are u saying bro, street food is 1000 times better, they are serving what stray dogs are served
Is country me jis hisab se humlog tax bharte hai us hisab se 10% facilities nahi milte
Bhai 10 toh jayada hai 1% bhi sahi se nai hai
Jis Gaadi ka 40% tax bhara Hai...
Uska 40% Roads ka kaam Nahi Hai...
Even more painful is that, middle class who buys these cars already pay 20-33% Income Tax.
Watch the full video dude
Remember bro, Tax rules are made in favour of the rich, not for the middle class or poor.
But hairan to sb se jyada middle ya job class hi he q ki sidhe sidhe uko kaat ke hi diya jaa rha or baad me fir se kaata jaa rha baar baar Tax bolo ya chu..ya.
Already mentioned in the video....
There is nothing to be proud of an INDIAN🇮🇳. Now i feel suffocating living here. Thanks to govt.🙏🏽
Have fun breathing in Delhi.
This is a shit country anyone saying otherwise is simply living in denial.
@@Tate525 have fun living in your trailer park in desert.
As if your government dosent have taxes.
Please support congress they will reduce taxes
@@harikiranakshintala3695 the people deserve this ache din for repeatedly electing fools
10:16 bs krde yaaaar rula k hi mane ga abh.....😅
this is so underrated channel...thanks for these insights...yt should really recommend channels like these instead of brain rot
My hatred for goverment 🔥🔥🔥🔥🔥🔥🔥🔥📈📈📈📈📈📈
Fir bhi tum mand budhi log dharm ki Naam pe firse modi ko vote de dete ho fir baad mai rote hai fir firse wahi krte ho
Modi he to Mumkin he 😅😂😂😂
@@goodindian7700Modi Tera bab
Especially Karnataka government
Pumpkin nu vena sollalaam
Nice job! I was planning to buy a car, but now I’m thinking of saving that money instead. However, the government will still tax the savings.😅
XD
Short term capital gain 20% tax
Long term capital gain (Min 1 year) 12.5% tax and 1.25Lac capital gain exempted.
Fridge and Ac is luxury for hot weather country like India moye moye.
Space technology on road moye moye.
Be thankful that Goods and Sitaraman tax is not taxing you for breathing oxygen 😤
@@SadBoy-bq5rf But i will still vote for her party, because she and her party will protect my religion and caste 😍😍😍😍😍
@@ProfessorJack_IIM How will you vote for her when she doesn’t contest election
@@ProfessorJack_IIM Come to Assam to see Bangladeshi all around.
Buying a car has become difficult these days for common man
20% cess
28% Gst ( non claimable)
Road Tax
This is outrageous
I hope government will give some relief 🙏
Ghanta kuchh Karega...
Middle class wale motorcycle pe hi mar jayega...
Or car unke liye dream jaise hi rahegi....
Mera bhi shauk hai car lene ka but tax dekhkar himmat nahi hoti....😢😢
@@anilneuro9651tax on bikes also..... We literally have no escape from these deadly taxes 😅
keep hoping then. Govt. doesn't give a flying f*ck.
@@anilneuro9651sirf car Lena logo ka sapna nahi hai woh car mein status symbol bhi hona chahiye warna TATA nano jaisa haal hojhata hai middle class logo ke liye hi bani thii flop hogayi
Government sahi hi kar rahi hai car pe itna tax laga rahi hai kyu ki itna tax ke karan woh mahengi rahti or status symbol bhi bana rahta hai nano jaisa haal nahi hota
Petrol chahe 300/- ka ho jaaye, magar vote to hum🤡🤡🤡!!
EVs have only 5% GST at present.
Not 28% , No Cess , No Road Tax.
You pay for the product.
. This is for maybe a couple of years more , then they will start tapping this revenue as well.
Amazing Video! Crazy Taxes… mind blown
This video alone can break out a revolution 😂😂
I never thought about that tax compounding thing. Nirmala is making a living hell for us car buyers. Worst FM ever. Gaaliyan kam pad jaye inke liye,
Bol woo rahee hain par shabd modiji kee hain...agar modiji chahtee to unhe remove kar saktee thee third term mein lekin BJP chahiti wahi hai jantaa ko lootoo aur corporate ki gulami karo
Nirmala is under Modi's government and she is not even elected, Modi appointed her indirectly. If Modi really wanted to lower the tax he could have done it right away with a single order.
Sirf nirmala hi nhi GST se pehle bhi kai FM aaye lekin sab ke sab chor hai
@@Hunter.1999 Look at old regime income tax and new one, Old regime had Far more benefits to middle class than new one when adjusted for inflation. Just Admit that Nirmala is worse FM than anyone else before her. She doesnt have nay concern for national intrests other than looting the middle class.
Nirmala ka B_0&_@ 😂😂😂
But the most sad part is.. it will go on. Rich people can leave country easily, but middle class are stuck they will keep on paying taxes
Before all this Now 100% additional tax for import duty for cars not manufactured in india, thats why G-wagon which is sold for 90lakhs in prosperous countries is sold for 3 cr. In india
What if one buys the car outside and bring here?
Wonderfully explained boss!!! You just nailed it!!!!👍👍
Now I get it why all vehicles engine capacity is reduced to 1.5L when they were 1.6L previously.
Disappointing!!!
Bro you should have compared America here that how their roads are way better but they only have to pay 4% tax on cars
Sheesh I didn't know they just have to pay 4 percent.. Hw can we even Brain drain when our shit government is doing this. main reason is population ..It keeps on increasing n government keeps on earning.
Yes, the thing is then the arguement turns towards how we are way different from America and how their taxation structure doesn’t suit us.
But yes, cars are a lot cheaper there
@@InsightsByApoorv and what perecentage of americans pay tax and what percantage of indians pay tax make a video on that too we are theives so we are ruled by theives
@@InsightsByApoorvbro i also live in America. And here I feel the number of cars are more than the human population 😂😂
@@sankkham 😂
As subrahmaniam swamy said, the tax we are paying is going into politicians' pockets not used for country development. Tax like Switzerland services like Somalia.
Excellent informative information on Cars and on GST.👍👍👍👍👍👍👍👍👍👍
*WHILE IN HELICOPTER GST IS ONLY 5%*
Because helicopter isn't a Luxury it's Daily Need Of Us😂 Wah Modiji Wah!
Cause helicopters cost more than 1cr easily. So 5℅ is still big
@@ayueon4104beta helicopter 1cr ka b to hai to tax is 5 lakhs, fortuner ka tax hi 17.8 lakhs hai 😂
@@hemantsharma1834 ek 60 saal purana second hand helicopter bhi 1.5 cr ka aata hai aur modern Wale to aur bhi jyada mahenge ho jate hai
in Bangladesh its 500%
Gov is applying taxes because of congested roads but they don’t want to make it broader.
Gov has all taxes to feed gov employees salary and pension...
@@IdoCareForPeople also to fill own pockets
@@IdoCareForPeoplebhai sabse jyada tax ka pesa toh ambani adani ke pas ja rha h
@@aryankumar1833 galat hai amabani tho a bohot gov support se company chalake kamaya hai ... but gov employee kuch kam nahi karte aur desh ka 10% GDP ghoos me kha jate hai... you have to open state gov bugets to understadn the truth.... 90% of taxes goes into salary and pension...
@@aryankumar1833 le agye whatsapp university wale😂😂
I calculated almost this. Then I’m thinking of getting a cheaper used car. I will be fine not spending too much. India is only for rich. And rich people are leaving India to at least get a better overall facilities even at this amount of tax. Plus cars and stuffs are cheaper
Used car pe bhi 12-18% GST lagta hai 🤣
Bro I used to think if I was born in india. But seeing thing video Indian are so not happy 😂. In my country tax is 220% in car and 140% in bike and varies according to cc. Also yearly I am paying road tax rs 12300 for dominar 400 which I initially purchased for 6 lakh rupees😂
Used car? If you are in Delhi even that is not a good option because after 10 years diesel cars and 15 years petrol car can be run in Delhi. So if you buy a used car you will only be able to use it for few more years. May be EV would be better option, but then EV charging infrastructure is also nonexistent.
@@tripmystic7742 where are you from brother?
india is only for extremely wealthy who own govenrment like ambani tata adani and remaining are meant to suffer
Last month, i thought of buying a new car but instead i bought second hand car with cash.... After watching this video i am very happy with my decision
Instead of asking to reduce taxes on cars, we should ask for a proper public transport system. It's good for the people (less expense), govt (increased revenue) and the Earth (less carbon emissions). The reason for levying high taxes is to discourage the purchase of cars. But still, the idea to levy taxes is what our country is good at, however,utilizing them for the purpose it has collected is what no govt has ever accomplished.
bhai main le hi nhi rha gaadi ye video dehne ke baad, paidal chla jaaunga par gaadi nhi lunga. Hats off to you for making such an informational and great video. Keep up the good work. Thanks.
Great video. It’s not just this, the tax system broadly in India is unfair to middle class. And the services provided in return for the tax is pathetic ( I understand the population aspect but that doesn’t justify this stupid scheme).
Agreed!
yes
india is meant for the riches and the poorest... us middle class should look for work overseas...
India is just meant for exporting talented and burdened middle class to other countries, so that other countries get richer. The govt just want some quick and dirty solutions to win elections every 5 years, so they can't think of sustainable solutions.
This is what happens when you have a country of poor people. More than 80% of Indians (that is 120 crore out of 150) earn less than 50k a month. So the Government is looting the middle class who can dream of buying a car from their meagre salaries by charging high taxes. When you buy a good, safe, and reliable SUV like Fortuner, you are paying almost 17 lakh Tax on its 38 lakh price. Just imagine the looting by the government. This is India, sadly!
It's ok for a fortuner,but why on basic motor cycle and scooter?
@@fnppost1960 "looting of the middle class"
It's Indian mindset largely. To be destructive, literally and figuratively. Even if we look at our hill stations they were much better under the British administration. But now look at them.
Not 50k. It is 12k.
20k monthly income puts you in the 90th percentile
Love you brother.... For giving us very specific and to the point info... 😊
No bakwaasss only information...
10:53 bhai aap video banao safer cars ke upar aur baki ke aise topics ke upar hum support karte hai aapko🙌
AC is not a luxury goods anymore, look at the temperature in the summer.
True. In fact AC and fridge should be subsidised so that more people are able to afford them.
@@thecomment9489 I oppose the heavy taxes, but does anyone ever wonder why there is so high temperature in summers these years? It wasn't the case a few years ago! If more of our huge population starts buying AC and SUV, then it would happen at the cost of the lives of all those, who have to do field work, all who can't still afford and also all animals. And trees too have a limit of how much heat they can withstand.
It would be another epidemic worse than corona.
Development should be sustainable, not blind. If we really have to compete with the west, then it must be in education, technology, research, ethics, loyalty towards nation and culture, strength, originality. It is shallow to blindly invest in these superficial showoff toys, like some newly rich neighbor.
Then what about fridges
@@jaisonjames3683 fridges are a necessity, and I believe anyone with home own or rented, already has a fridge, TV, etc. which are considered luxury by stupid govt. officers. But it is a fact that everyone doesn't own an AC, and also, most people can easily lead their life without an AC or car.
Even in winter
GST: gandfaar Sitaraman Tax 😅
🤣🤣🤣
😂😂😂
😂😂😂😂
😂😂😂😂🤣😆
😝😛😛
For a hot tropical country India Fridge is a luxury item for govt.
Good...they haven't said fan is a luxury item 😂
Fridge is used for commercial purposes.
Excellent Point picked by you in the last. I had exact thought if government really cared about people driving safer cars, they should have just reduced the tax so people could buy better cars. It is also a curse for Manufacturers working on such low margins.
Indian is a superpower in taxation
Messed up system. Road TAX taken and look at the roads!! Very well said my man. Excellent work. Thank you for taking the time and actually doing something against the flawed system.
I hope this reaches everywhere.
*Nirmala tai is knocking your door for commenting tax!* 😂
Modi hai tou mumkin hai 🙏
Mehgai bilkul mumkin h
Acche din aa gaye!
(GST and CESS applicable. Read offer documents carefully and thank you for being an andhbhakt. Enjoy your acche din.).
I dropped idea of buying a car in india after watching this..I am good with ola and uber..I am a resident of japan and the taxation here is really very simple..its flat 10% on everything from car to vegetables. But i don’t regret in paying taxes here because government provides all the facilities such as affordable health care, free education, good roads and public transportation, etc.
Bro i love this type of content - concise, smart and all understandable what a work dude , marvelous
Road tax should be abolished which goes completely to state governments as they are already earning complete sgst and part of cgst paid on the car GST
Great presentation, visuals and talk both
Thanks a lot! Do subscribe:)
@@InsightsByApoorv I did
Govt be like "Jor jor se bolke logo ko scheme bata de" 😆
Good content and good clarity. No stupid music... no other excesses to grab eyeballs... honest content is sufficient content!
Very smooth transmission indeed!
This is absolutely informative vedio
We need more vedios like this
Good work Apoorv 🤓❤
Koi fayda nai h bhai... You can't wake people up... People will die of starvation but still choose to follow someone who is eating on their hard earned money
yes mar jayenge par samhenge ni
@@Smithsam78cos right before the elections, the netas will come up with their own scripts and agendas to convince the poor public.... People circle around the same thing again and again... And the so called netas keep on looting the whole nation 😢
Hey! love your video, narration, editing, well researched. And pragmatic and intelligible enough for common people
I would like to give a few suggestions ....(in reply)
1. Classier background music
2. Not to hurt your sentiments different outfit
3. A pragmatic solution for gov, (feasible)
if you think these are worth trying please do try!
This is reason why, most of the car guys go and settle out in other countries😂
Thats exactly where stock market and mutual funds comes in...those who understood have good planning skills
You are doing great by explaining real truth 👏
Hello sir 94,000 ka splendor liya.
Jisme 14% cgst 8416 ,14% sgst 8416.
60,118 ki gadi ki price 76,952 hogya.
Uske bad rto , municpalty charge , liability primium , own damage premium , acceries , insurancemilake 94,000₹ diya.
60,118-> 76,952-> 94,000
60k ki gadi 94000 me liya. 😢
50% tax even on lower middle class!!!
@@fictionindianspaceprogram-222 yes hamne to sirf bike liya hai fir bhi itna tax .
Car valo ka kya hota hoga.
MC he saale goct ke log. Hamara paisa jyada vasool krenge so that unhe jyada khaaneko milega
@fictionindianspaceprogram-222 kaash china Wale jaldi NUCLEAR gira de indiaa pe
Bhai 2014 me modi modi karke utchal rahe the. Ye to ab hona hi tha
If our existing cars are running good. No matter how old they are there's no point in upgrading.
We have to upgrade because of 15 years rule . We can't keep cars after 15yrs
@@MECHU20054 you are talking about the vehicle scrappage policy?
@@rajmajumdar5253 yeah I was talking about scrap policy
You can.. Just pay 2000 rs Green Tax for next 5 years
My friend still uses an omni which is around 25yrs old...still no issues 😂
Kudos. Explained very well in simple terms👏 Waiting to see more such videos and also hoping Govt wont label you as Anti-Indian and block you😂
I was planning to buy a used car as my first car being a college student. But now I am thinking of saving that money and nove to dubai to get a better life. I am already done with the struggle that comes with living in India.
Eye opener man!!!! Wow FM is something else 😅
Fun Fact No one will criticize BJP government. 😂
DON'T FORGET Siachin me jawan ladh rahe hai. 💯🙃
BTW amazing video. Deep research 💯🙌🏻
India ke paas tel ke kuve nhi he.....kya chahte ho? Pakistan ki tarah revdi politics chalu kar de? Aur desh ka diwaliya nikal de?
u 14 or something lil bro
Emotions pe sarkar chalti hai India ki. Kaam tarakki kiso ko 🔔 ki worry hai
@@Dhruv-Kumar 💯 🙌🏻
Abe gadhe 2014 se phle bhi same hi tha, sari government same kr rhi , apna political agenda Mt chala yhn , issue tax ka hai political party ka nhi
kudos to the way u explain this complex tax system👍
🙏
So much knowledgeable video.
To the point and clear information.
Keep up the good work.
Informative enough, thank you 👌👍
That's why I buyed second hand car 👌 hundai verna 2023
Eveything you said is correct because i have recently bought a car in other state so i have to registered that vehicle in my state with all the documents of the car with me. One day i was going through those documents and saw GST which is around 2.55 lakhs and cess around 1.60 lakhs.
What a bizarre😢
This is going to continue because no one questions the government that what they with our tax money?
This all cess and tax are for farmers and people below tax bracket ,maintaing the public hospital public school and all public scheme those which we don't use,basically , we are paying for their welfare scheme their medical expenses, their education and all....agar isse gari se koi autowaale ko agar thora touch kar diya those people only harass you,maybe damage some part of your car.....
@@basudutta3384 yeah there is no tax in agriculture side so government putting ylthis burden on us.
@@basudutta3384what is the condition of government schools & hospitals?
@@basudutta3384UP me government school ki halat dekhi h???
Jabki UP me itni population car tax deti hogi???
BC education tax kis liye itna badha diya nirmala ne???@@basudutta3384
Please compare the taxation on Vehicles in India and other car centric nations like US, Europe and Germany. We should also know where we stand as a consumer internationally.
true
Aacha sikhae aap car tax ke baare me ❤
Thanks 🙏
Third class taxation system we must boycott this tax system
Just came across this channel. How impressively and simply you explained this extortion in the name of the tax by our government. I have been aware of this issue but shocked how the general public is still unaware of how deeply the government fu*ks the middle class. Thanks for making the public aware on these highly important issues. Subscribed to your channel. Looking forward to more eye opening content like this one. Keep it up!
Opened my eyes , seriously 😊
🙏
Minute 0:38 his facial expressions while he said Hyundai Creta was so funny 😂😅 like a naughty boy
I have just booked a Hyundai venue. Ye video dekhne ke baad 'Rona' a gya 🥲
Koi baat nhi
Creta lete to aur tax lagta !
Same here , booked a fronx.. almost have 2 pay 4 lacs extra on a 7 years tenure ..
There is so much traffic with expensive cars and petrol, imagine what would happen if they are cheaper to buy and operate.
I my area everyone has at least one car in their family and they dont even have places to park them , all cars are parked on the street most of time, it cramped, the wide streets had become thin
Bro that much tax?!?
Nahh imma just defy the laws of physics
And float to my destination
Very informative. Indian middle class is uplifting. Many new families emmerged which would fulfil their dream of owning a car. Even 2nd hand Market is flourishing. So it is important that they know where their hard earned 9 to 5 money is going. Keep up the Good work👍
Thats why i always prefer buying used cars..😅
Subscribed at 09:52 ❤ BHAI AAPNE AANKHE KHOL DIYE 🙏🙏🙏🙏🙏🙏🙏🙏
Thanks for posting .
Best video of month i watched so far❤
One suggestion: those who are paying income tax or filing itr should have separate lower tax percentage and those who aren't paying taxes should have a higher percentage... this could be applied on items like cars, household items, insurance schemes, capital gain tax etc.
Agree
Bro that's what I think strongly agree
Even pakistan have this 😢
Makes too much sense
Sab mahanubhav chor hai
Maza agaya bhai, sarkar and car companies ki mast leli aapne, eye opener for citizens
Good point about the income tax part. Car is truly a big liability.
Yes
Great information 😊
Only reason to have these high taxes on cars is to have less traffic congestion and parking space issues. But it is needed that the public transport be super good to offset the car needs.
So is this the freedom we got? Even after knowing everything not able to do anything about it?!?!?!?
And every body is proud on independence day.
I would say British were far better than Hindus looting Hindu,75 years after independence
Worst Tax policies for transport in india. Just dont buy cars for 6 months, the govt will bend on their knees. First pay income tax, then after that when buying a car from hard earned money, this much GST and CESS, then pay registration tax, insurance+ gst on insurance, ( and if you purchase on loan, you pay GST on loan amount), then pay the tolls and on every litre of fuel Govt is charging more than 33 RS tax. What the hell is going on.
I just wonder how no revolt is occurring in such countries where dictators are ruling and still so much loot is going on in broad daylight
Its nothing but people of India are taken for granted 😂 by its own govt.... 😢
Stop buying everything, the. Tds ( tax deduction by sitaraman ) might change
no
Everyone will be jobless if everyone stop buying
Road tax (RTO Tax) is levied on basic amount in which gst is not included . All tax i.e RTO tax , cess, gst, municipal tax are levied on basic amount
Very informative videos all' time thankyou brother show reality 👍❤️
Taking tax like USA & providing service like Somalia..
Exactly its no joke