An example of tax terrorism in terms of normal salaried person: 30% income tax + 28% GST + 22% cess + road tax, and on top of that, we still have to pay tolls just to drive our cars.
@@PriyaK-cu1fz My income in last year was 15 lakh with me paying 1.35 lakh as IT in old scheme.Effective income tax is 9% only.If somebody is paying effective 30% IT , his annual income should be around 80 lakh.
Don't forget we have to buy water purifiers, buy air purifiers, buy inverter as we have power cuts, buy voltage stabilizers for ACs, refrigerator, buy UPS for computers and pay GST on all those. People in developed countries don't have to spend a single paisa on all this. Cost of living with respect to pay is higher in India than any developed country for a normal middle class earning 10-25lacs per annum. So, someone rightly said, "taxes like sweden, services like somalia"
@@king-cp1le I agree, and its even worse for them because not only you pay indirect taxes, you have spend additionally on availing all other facilities with bare minimum salary.
5star AC ! GST 10,000. Means middle class shouldn't buy AC. They should live in hot weather condition. When this blood sucking ministry will go 😢 Pay 30% salary as tax then pay again 20% on GST and get third class service on amenities
Shreya is absolutely right-28% tax on a 25k watch, after already paying 30% direct tax, is outrageous. Meanwhile, the ultra-rich manage to bring back watches worth crores from abroad without paying any taxes.
If your friends are coming from abroad.. tell them to bring watches.. simple.. FYI - if you are earning more than a crore then you are in a different income tax bracket (by paying cess and all), which can effectively take more than 40% in taxes.. So it's not easy to be rich in this country..
We will not know for sure. But PMO is driving everything, as they need to get access to money for different programs. Her job is to manage the department & day to day working. That includes her speeches & talking to press. Bottom line, even if she feels higher taxation is unfair, she has to find the money from other sources (acceptable to PMO) or do as told/advised or quit.
Indirectly you’re already paying for that…… Income, interest & all other taxes… But yes, they will definitely find a way to charge you for existing as well. ✌🏾 🇮🇳
Please increase GST 60% across the board. Poor Modani have lost billions as a result of the US warrant against Adani. We the taxpayers who have contributed to their wealth are all excited to contribute more. to their wealth. It’s such a proud moment to throw money at Modani. Jai Modani. Jai Hindutva. 🇮🇳
Full sappot saar. I will stop recharging my jio data packs even if it means giving that money to Adani ji. Will watch less porn and ask less pics of Bobs and Vegene from females. But our mission should continue. My life is sacrifice for Modi, Yogi ❤
As expected government have to cover its sponsor's losses due to the bribery allegation in the America. I'm also BJP but no more vote will make a party with same ideology and qualitative people especially youth.
Last time i checked the allegations were unfounded and said sponsor is recoverying from its market losses already.. a government cant cover losses for a company without it being sanctioned by the central bank.. and if done then there is public outcry.. so please refrain from armchair reporting of conspiracies that already fog the reality.
Desh badal raha hai, We are already a super power., hygiene, jobs, Development are foreign funded propaganda. - Said by Bhikari Bhakt who's busy in andhbhakti Puja.
@pratheekshenoy9327 Bro I know the opposition is always asking about it in the parliament. But modiji just disappeared from the parliament when he was held accountable for his action.
Here are two options 1: I give you Rs.200 in cash and ask my friend to loot Rs.100 from your wallet or 2. I give you Rs. 100 and ask my friend to loot Rs 25 from your wallet Which one would you choose?
See what's American middle class wear or an average American citizens 's car. Of you are not able to live like that they why are you taxed more than Americans @@shub_2146
This was expected after the freebies announcement... We are getting taxed for their vote banks not for the good of the country.. Fed up of these politicians..
freebies are 4 lakh crore on 48 lakh crore annual Government spend. corruption is 30% on all Government spending. I hope you now know the main reason why taxes are high.
What is the exorbitant tax Indias paying? are we paying anywhere near the flat 50% IT ? People are claiming to pay 30% IT,but in fact effective IT is only around 17%, we dont have a flat IT.
@navaneeth1087 let's talk about the middle class, we do pay 30% direct and now 35% indirect, although this is not flat, but only the middle class is being crushed.
@@ninjatwentyfive we do not pay 30% income tax, what is your annual income? just calculate tax paid by annual income.In india 30% is for the slab.If you pay effective IT of 30%, your income should be around 80 lakh per annum.
@@ninjatwentyfive 35 % indirect tax is only if your buying luxury items.There are nil GST ,5% GST for most of essential goods like vegetables, packed food items etc .People are claiming we are paying tax like Switzerland but getting service like Somalia, but fact is we are no where paying near Switzerland.
The Beatles wrote a song called "Taxman", before they left England for good. Its happening in India. The rich "Modis friends" don't pay taxes. The middle class and poor do in direct and indirect taxes like the GST. The best of India will leave and make money somewhere else. There is no modification to stay in India.
You are wrong sir. Rich, middle class do pay the taxes atleast that are employed by companies or government. Poor don't do any taxes but our government gives them everything
@@jagadishbhatta9562 I didn't say Rich Middle Class. I said the Rich like Adani, Albani. All their companies are domiciled in countries other than India.
@@jackbal7623 Actually, they are the highest tax payers it's our rich businessman who doesn't pay their taxes and of course the corrupt politicians, rich farmers who earn in crores but these guys don't pay any taxes. My point is instead of putting more tax burdens on tax payers the government should work on increasing tax collection from non tax payers. In India only 3% of the Indian population pays their direct taxes.
@@jagadishbhatta9562 Proportional to what they earn they don't pay much. As for the poor they still end up paying indirect tax which is high proportional to the income. So yes, the super rich proportional to the income pay very less taxes than the middle class and the poor. Especially the middle class since they are smothered by taxes from all sides.
Per capita Income in USA - 80,000 dollars India - 2,700 dollars. The quality of life is 10 times better than the quality you get in India. Corruption is less, government provide public education, retirement benefits.
How many times have you visited the USA ? Go to new york Subway trains and rural areas of America. Don't fall for propaganda. Western countries built on money looted from global south countries
Respected Ministry of Finance, Being a majoritarian sect of middle class employed in private organization, am happy that income tax is very reasonable at 30%. With utmost discipline and determination, regularly investing to create wealth for my next generation, am happy there are taxes everywhere while investing also [long term, short term capital gains.. am not trading so I dont worry about short term capital gains]. Am happy that the new tax regime has diluted / simplified the tax structure [that is what is claimed by honorable fin ministry] which very much motivates everyone to stay away from investments, health insurances etc, because Govt of India is doing a fabulous job on aiding people. Am very happy that there is no inflation in India so the prices of basic commodities for regular lifestyle are still at the same price as it was 10 years back. Bravo to the Govt, for trapping the majoritarian group of Indian in the same state or making them go low further. In near future this majoritarian will be minority and strengthen another group by join the poor / poverty segment. Thanks & Regards
Ye Ambani ka campa cola bechne ke liye sugary drinks pr 32% tax laga rahe hai. Because this guy can't compete in open market with behemoths like PepsiCo and Coca cola.
@@Anoymous464Everyone needs a distraction Piece, like my Uncle says why he opened two polymer factories, one sells good quality & other has the worst quality, So it will create an illusion of getting the right product aka having a choice. While ironically what he's doing is up-sell the product price by raising the cost. Btw he's in Jumla party & somehow a bhikari 150 k salary bhakts gives me Gyan on how good their beloved party is. 😂
They forget about inflation when it comes to taxes. For example, if I earn 7.5LPA and get a 10% increment with inflation being at 10% my purchasing power remains the same but I get taxed more at 15%. Does this make sense? If you compare it to USA they at least revise their slabs regularly to adjust for inflation. We do it after 15 years. If our government feels like it. This is an “amazing” government economists say you should widen the tax base and lower taxes here we widen the tax base and increase taxes. Also have they thought of, I don’t know…reducing corruption and government expenses to increase revenues? To hell with them.
It will not stop at 35%, it will move to 75% slowly, from where do they fund ladli bhene and dozen of reweri programs? Affulent will migrate out of India more than ever..
1500 - for clothes is luxury? A good dress is nothing less than 2000/- . A middle and below middle buy this during celebrations only.. 10,000- is a lifetime dream.....now that too is taxable???? Roti is taxed multiple taxes, makkan is unaffordable with or without taxes, now kapada ...final nail in the cofffin... Remove TDS and you will see how many will be " honest taxpayers"...
I dont understand why everyone is outrageous. Like we donot have a single minister who is willing to speak to the press or public and we have the audacity to expect accountability
Household savings which was at 30% in 2013 has come down to 18% in 2023. GST @ 35% is so less. Thanks for a large hearted government that is so considerate.
@pb99865 if you look at the products and their GST.. 5% Ones are 57%. If you average it out.. it works well in fact covers the incometax collection amount. Rest all at the same slab would work. Why burden 2% income tax payers. People who earn less than 50lak. Per annum should have zero tax.
@@sai.boyina Why should one pay 18% flat GST on all products so that you guys who are earning high income do not want to pay your taxes and want to shift your burden on others who come under the Nil bracket or 5% I earn 6 lakhs per annum I pay 0 Direct tax and file nil returns, why should I pay 18% flat GST on all products ? so that you guys can shift your tax burden on us Don't be selfish, speak for yourself and don't speak for others
Luxury is govt employees getting life long pensions when no private tax paying citizen gets that. Luxury is providing security cover, free bunglow, phone to ministers when whole of India is suffering from high prices.
What's the use of a job ? Why not just be the greatest human like bhakts who's busy in commenting super power Desh, Vishva guru etc....without work & without izzat in Ghar. Paisa kamane ke liye job karna desh bhakti nahin hai, happily bikhari Jaisi ijat mi andhbhakti karna se bada achievement hai. - New Bharat.
I don't understand how the financial experts support tax system and compares it with international countries. If they compare the tax system, why don't they compare the social security?
Ias and politicians should pay 35% of ac office electricity bill,residence ebill as luxury tax to govt.35% of business class fare, govt provided car annual depreciation, 35% of driver salary, 35% of security guard salary as tax to govt.
The government is hell bent to bring down upper middle class to lower middle class, lower middle class to poor and poor to beggar. Well done NDM and nirmala tai. Sadistic and insensitive. We should expect GST on air and water soon.
So Mr Subramanian, since tax system is simplified that doesn’t mean they have tax us more in a simple method. Buying 1500 worth of clothes is not luxury it’s an essential. Why the hell on this country we have to pay so much taxes on the money that we have already paid??
But what he has said is true. Look I too support BJP but their taxes, and defence acquisition is pathetic. After being in power for 10 years they didn't finalized on MRFA deal to buy 114 fighter jet for IAF. Also After 2020 everything is very expensive now.
This month gdp got affected that's y the BJP wanted india citizens to pay in the name of simple tax, so that gdp might get better@@jagadishbhatta9562
@StudyNow-z8k Do you think only watches cost 25k? Are you aware of the price of pulses, coffee powder, tea powder, cereals, condiments, spices and so on??
@@praks007 GST on pulses are 5% Same for coffe and tea powder For cereal, 0% GST rate as long as they are not pre-packaged or branded. the loose cereal itself is exempt, packaged versions attract a 5% GST 5% GST for spices
@StudyNow-z8k Well, if you are determined to keep defending the indefensible then keep doing it. By focusing discussions and debates just on high and low GST what is really being sidelined is the rising cost of every item. Who is answerable to that?!!
I am paying tax worth 3 months of my yearly salary. That tax is TDS even after paying home loan interest, loan principal, medical insurance for mom, dad, ELSS investment, and the NPS using 80CCD. Every exemption section is exhausted, except LTA (can't travel every year because traveling is expensive), donations, or education loan, HRA (doesn't make sense doing it for the sake of doing it).
i don't hate a single thing proposed here i am a 9 to 5 worker i can never afford 25k+ watches nor can i afford shoes worth 15K+ so i am happy with this.
Kishore Subramanium comparing with usa you should compare india to bangladesh, pakistan, nepal and Bhutan and srilanka according to our country avkad, giving example of usa government extorshing us .there's no compare what usa giving facilities to there's citizen no compresion
All the apparels manufacturers/sellers will raise the curtains to new scam , that they will move their products which are under 1500/- to 1499/- to fall in 5% GST 😂😂
Mein Europe mein 45% direct tax de raha hu, aur indirect vat.. mujhe koi fark nahi padta kyunki mujhe public services, public healthcare, social benefits mil rahi hai. India mein ganta kuch mil raha hai. sadak khudi rehti hai 12 mahine, gutter overflow karte rehte hai, gov school mein teacher nahi.. toh itna tax kyun du? Har din indian consulate mein line lagi rehti hai passport surrender ki.. ab khud hi samaj jao!!
in a developed nation, I have to pay a less % of direct income tax and a less % in GST whereas in India I need to pay both very very high what I get is in a developed nation, I get free good health facilities, free education for my children and a very well maintained infrastructure ... in contrast in India we need to pay high medical bills and GST on insurance premiums cause government hospitals are not upto the mark, high and exhorbent school fees in private schools because education is of zero quality in government schools and about infrastructure ... roads are full of potholes, railways are running late bridges are collapsing, airport roofs are collapsing the state of economy is getting worse day by day and for this simple reason middle class people are moving out in large numbers everyday
In developed nation the direct tax is high but Indirect tax is less.For example switzerland has 52 % flat direct tax and 5% flat indirect tax.India has nominal IT only, we dont have flat IT but slab IT.People who claim paying 30% IT are just paying 17% effective IT.India. GST is high in India which will go upto 28% + 22% compensation cess but for luxury.Unpackaged Food items and vegetables are excluded from GST.
I'm a bjp supporter but raising gst on clothes phww... Remember I'm not gonna vote for congress but definitely i will vote for NOTA next time, mark my words
We should support neither BJP or Congress, both are corrupted who thinks nothing of common people but to further fatten their already fattened pockets.
What other taxes can we see in future. 1. Since you cannot live without breathing, govt has decided to impose tax for that. Every human being will have to wear a special mask 24 hours a day which calculates your breathe time. You will pay Rs.15 per day as tax if you breathe for 24 hours , some people who practice special breathing techniques and breathe less than 24 hours per day will get benefitted , like some saints etc., and any common man who practices breathing less than 24 hours will get tax benefits) 2. Similar thing goes for eating 3 day meals. A special camera everyone has to wear that monitors your eating habits, if you eat exactly 3 meals ( it is timed exactly 15 mins ) there is no tax but if you exceed these eating conditions then Rs.10 for every additional 50 g for food that you eat be it snacks, liquid form etc., 3. Govt. will not impose tax on what you see with your eyes. You are free to see what you want. 4. Govt is thinking if they can impose tax on wearing dresses. The more you wear the more the tax. This is applicable only to common people whose income is less than Rs.4,00,000 per year. 5. You should not dream of becoming rich, getting a luxurious car , relaxing on a foreign tour, having a great food etc., A special chip you will swallow which will monitor if you dream like this. If you do so you will heavy tax of Rs.100 per dream.
You pay tax even if you buy salt waht the fuck are you talking about, everything that you see is from the tax players money, your father doesn't sell his ass for all this. Anything that is bought is already taxed, even land, food, everything. For income tax, people first should have such income. Where govt just comes and give discount of thousands of crore to their friends. Open your eyes or just don't talk.
Worst finance minister of India she is single handedly responsible for ruining the life of middle class. She should tax farmers earning over 2 cr sitting with her in parliament and builders they are sitting on biggest black money. Doctor's who are over charging in all hospitals. Please spare middle class.
Most Disguised stats is Average Income which does not account the wealth people have lying idle, unaccounted salaries etc. A salaried person needs to take debt for medical emergency while other simply have to sell portion of land even though they receive subsidies. Salaried family in city is the worst hit in this country. There is no change they will get out of existing economic status.
Anu Lall hit the nail on the head. As citizens we need to ask how are the revenues being spent ? 5000 crore on a new parliament building is not necessarily the way to go. The government has to invest in infrastructure i.e. better roads, law and order, education and healthcare.
everyone cries about tax the rich, then when the gov tries to tax the rich by increasing tax on the things which the only rich usually buy, every middle class aunty and uncle comes out in protest. This is the same case in the automotive sector as well, when gov impose 100% import tax on luxury or supercars, every one who can't even buy a 20L car without taking an exorbitant 7 year loan cries as if they would have bought those supercars that cost in crores, if only the gov didn't have import tax. This lifestyle tax is not going to seriously affect 80% of the indian population...and for the rest, no one is forcing you to buy luxury goods if you are worried that much buy goods that the rest 80% of the population buys.
Reducing the GST on life-saving medicines. This would greatly benefit patients and families who rely on these essential medications, making them more affordable and accessible
Why are people crying so much in the comments section . Acting as if they buy 10k plus clothes items, 15k plus shoes and 25k plus watches. This will only hurt the ultra rich 2 % population. On the other hand taxes on common goods like writing books and cycles is being reduced . Best being a reduced tax on medical insurance premiums. This is a step in the right direction when it comes to indirect tax, the next step should be towards reducing income tax / direct tax. Ask for that. Why crying and criticizing government for something that makes sense. This is balanced scocialism at it's best. Making rich 5% pay more tax through their luxury purchases and reliving the middle class and poor for their common goods purchases. Just because its bjp, one should not attack something good it is doing.
The anchor is an idiot if not biased. Asking to ban tobacco and alcohol will only create a black market leading to more circulation of black money and crime. Best way is to make people pay for their vices.
Financial expert opened he statement talking about taxes in others countries but never mentioned what are the services provided by those country’s government
2015 - I saw my salary written on a pair of shoe. 2024 - My salary as the tax amount on the same pair of shoe. I won't be able to ever purchase the shoe. Thanks to the most inefficient n FM of all time.
you cannot double and triple tax the same money at those rates . Marginal income tax is at 30%, and then from the residual, there is another 35% tax! . Its illogical to think that if 3% people can afford something its luxury . Because its that 3% - 5% that is and will drive consumption and drive GDP.
I want to know how much tax she is paying and How they are using our money for development, Environment and infrastructure...Even this much taxes are not enough for government to give better service instead What they are offering is Hindu-Muslim, Free Money, Free Anaj, Dharm, Too much Crimes, Irregularities and irresponsible behaviour🎉🎉..What A Great Nation Wow
When it comes to taxing citizens (GDP/Capita: 3000 USD) Indian govt benchmarks itself with Europe (GDP/Capita: 68,000 USD) and America (GDP/Capita: 87,500 USD), and when it comes to providing services it benchmarks itself with Sub saharan Africa (GDP/Capita: 1,500 USD). The air we breathe requires purifiers, water we drink requires RO's, electricity we consume requires Stabilizers/UPS, Healthcare we need requires private hospitals, Education our kids need requires Private schooling, Roads we drive on requires paying exhorbitant tolls...wonder why? I will tell you the answer: the content we consume wants us to believe we need Mandirs, Mahakumbh, Padyatras and Kanwar yatras more. This is democracy - you get what you vote for.
An example of tax terrorism in terms of normal salaried person: 30% income tax + 28% GST + 22% cess + road tax, and on top of that, we still have to pay tolls just to drive our cars.
there is no 30% income tax.
@@navan1087 your salary must be 20k
@@PriyaK-cu1fz My income in last year was 15 lakh with me paying 1.35 lakh as IT in old scheme.Effective income tax is 9% only.If somebody is paying effective 30% IT , his annual income should be around 80 lakh.
झोले पर भी टैक्स लग गया😂
It is Tax terrorism.
Don't forget we have to buy water purifiers, buy air purifiers, buy inverter as we have power cuts, buy voltage stabilizers for ACs, refrigerator, buy UPS for computers and pay GST on all those. People in developed countries don't have to spend a single paisa on all this. Cost of living with respect to pay is higher in India than any developed country for a normal middle class earning 10-25lacs per annum.
So, someone rightly said, "taxes like sweden, services like somalia"
Raghav chaddha said that
sadly 25k per month is what 95% population in india
Less than 25k man comeon
@@king-cp1le I agree, and its even worse for them because not only you pay indirect taxes, you have spend additionally on availing all other facilities with bare minimum salary.
You forgot the water soluble roads and bridges that can get washed away even if you spray water from a hose nearby 😢😢😢
Why government need revenue?
1.for bad roads ?
2.for collapsing bridges?
3.collapsing dams?
4.goverment services with corruption?
Freebies!
Election campaign
😂😂😂😂
They need funds to spread fake news like India is vishwaguru and there is no problem in india
For digging land to find another temple
5star AC ! GST 10,000. Means middle class shouldn't buy AC. They should live in hot weather condition. When this blood sucking ministry will go 😢 Pay 30% salary as tax then pay again 20% on GST and get third class service on amenities
modi govt wants his citizens be Beggars
It's required to protect hindu😂
What about protection to Christians??????
DEMOCRAZY HAS TO RUN AWAY 😂😂😂
It’s a scheme called“ Hindu khatra mai hai!”
Shreya is absolutely right-28% tax on a 25k watch, after already paying 30% direct tax, is outrageous. Meanwhile, the ultra-rich manage to bring back watches worth crores from abroad without paying any taxes.
If your friends are coming from abroad.. tell them to bring watches.. simple..
FYI - if you are earning more than a crore then you are in a different income tax bracket (by paying cess and all), which can effectively take more than 40% in taxes.. So it's not easy to be rich in this country..
India's worst FM other than taxing ,she doesn't know anything.Loot the people.
Why are freebies given to MP for just shouting in Parliament 😂😂😂
Don't forget about Rs 5.00 you pay while using public loo. She is one of a kind.
@@gdgavali abe gadhe, not everyone has friends and acquaintances in or going to foreign countries.
if you are buying a watch of 25k, then you are part of the rich class
Talking about Americans but giving facilities like African 😂😂😂
Africans have better facilities
@@AveragepoliticsEnjoyerwell said 😂
a dark truth indians b african jaise hi rete hai. ppl throw garbage on streets even after education.
stop insulting africa
@winfredj9820 sorry brother, i regret for my word
Worst finance minister of indian poltical history but I confused who is more worst modi or her as a leader
Both
We will not know for sure. But PMO is driving everything, as they need to get access to money for different programs. Her job is to manage the department & day to day working. That includes her speeches & talking to press. Bottom line, even if she feels higher taxation is unfair, she has to find the money from other sources (acceptable to PMO) or do as told/advised or quit.
When your expense is more than earning this will happen
Modi tells her to do it
She does it.
They both plan it.
It's all modi you idiot..it's the emperor who likes the idea or told her to do it.
Now she wants us to be Clothless on roads and wants to push us in Stone age 😂🧌
They will tax stones after that. 28% for larger stones.
@pravinkulkarni4045 this one is hilarious 😃
Careful what you wish for ! ..... Govt will levy crazy taxes on Langotia as well. .... Woh bhi pehene ko nahi milega.🙃
😂😂
Government employees salary increased left and right so Government don't have money
We can't blame her.
Next they will Impose Highest GST
on Breathing. 🤣🤣
Indirectly you’re already paying for that…… Income, interest & all other taxes… But yes, they will definitely find a way to charge you for existing as well. ✌🏾 🇮🇳
Already i think. Is air purifier tax free?
Bhai don’t give them these kind of ideas, they might implement it
Esi hint mat do laga dege 😂😂
Put more taxes on cities which have less than 50 AQI if there is any left. Because clean breathable air is a luxury in India 😢
Please increase GST 60% across the board. Poor Modani have lost billions as a result of the US warrant against Adani. We the taxpayers who have contributed to their wealth are all excited to contribute more. to their wealth. It’s such a proud moment to throw money at Modani. Jai Modani. Jai Hindutva. 🇮🇳
Introduce Religion Tax ( Non Hindus to be taxed more), Life Tax ( for being alive), Death Tax for those who are dead, Air Tax ( based on AQI), 😂😂
Full sappot saar. I will stop recharging my jio data packs even if it means giving that money to Adani ji. Will watch less porn and ask less pics of Bobs and Vegene from females. But our mission should continue. My life is sacrifice for Modi, Yogi ❤
@@chetia19Mar dalo bhai sab ko pl😂😂
@@chetia19nice. The population will decrease drastically😊
😂😂@@chetia19
As expected government have to cover its sponsor's losses due to the bribery allegation in the America. I'm also BJP but no more vote will make a party with same ideology and qualitative people especially youth.
Last time i checked the allegations were unfounded and said sponsor is recoverying from its market losses already.. a government cant cover losses for a company without it being sanctioned by the central bank.. and if done then there is public outcry.. so please refrain from armchair reporting of conspiracies that already fog the reality.
r/leopardsatemyface
@@sumit92artistpretty much 😂
There are no jobs. Salary 20k to 25k, how poor and middle class will survive
People who are earning 25k per month falls in top 10℅ of earner. Then imagine the condition of rest 90℅...they are not even earning 25k.
Reality is the majority(80-85%) in India is living at sub Saharan level of wage &socio economic indicators @@tamalchakraborty5009
Desh badal raha hai, We are already a super power., hygiene, jobs, Development are foreign funded propaganda.
- Said by Bhikari Bhakt who's busy in andhbhakti Puja.
BJP sarkar. Looting the common man since 2014.
Still I will support it. 😂😂
@@brubrother2m727 Supporting BJP is not wrong but not asking where the tax money is being spent and not asking accountibility is wrong
@pratheekshenoy9327 Bro I know the opposition is always asking about it in the parliament. But modiji just disappeared from the parliament when he was held accountable for his action.
Here are two options
1: I give you Rs.200 in cash and ask my friend to loot Rs.100 from your wallet
or
2. I give you Rs. 100 and ask my friend to loot Rs 25 from your wallet
Which one would you choose?
@@kgr3977 It's more like I was promised ₹200 with the promise of ache din and got nothing to date but was looted of the ₹100 I had saved up to date.
Taxes like Europe, Services like Somalia
Take 100% tax from the middle class. Please push middle class people to poverty. We will live peacefully at least😢.
@@manma7622 what middle class buys watches worth 25k or more ?
@@shub_2146buying cloths 25k is not rich bro,, it's 2024 not 2000,, other countries tax 24% for people who earn above 1.4Crore
@@shub_2146exactly bruh
See what's American middle class wear or an average American citizens 's car. Of you are not able to live like that they why are you taxed more than Americans @@shub_2146
According to middle class should not buy premium products?@@shub_2146
This was expected after the freebies announcement...
We are getting taxed for their vote banks not for the good of the country..
Fed up of these politicians..
freebies are 4 lakh crore on 48 lakh crore annual Government spend.
corruption is 30% on all Government spending.
I hope you now know the main reason why taxes are high.
all tax goes to adani.
Pay exorbitant taxes to get world's most pathetic services.
What is the exorbitant tax Indias paying? are we paying anywhere near the flat 50% IT ? People are claiming to pay 30% IT,but in fact effective IT is only around 17%, we dont have a flat IT.
@navaneeth1087 let's talk about the middle class, we do pay 30% direct and now 35% indirect, although this is not flat, but only the middle class is being crushed.
@@ninjatwentyfive we do not pay 30% income tax, what is your annual income? just calculate tax paid by annual income.In india 30% is for the slab.If you pay effective IT of 30%, your income should be around 80 lakh per annum.
@@ninjatwentyfive 35 % indirect tax is only if your buying luxury items.There are nil GST ,5% GST for most of essential goods like vegetables, packed food items etc .People are claiming we are paying tax like Switzerland but getting service like Somalia, but fact is we are no where paying near Switzerland.
World kitna kamata h averge m Uganda k niwasi.
GDP gir gaya to akal thikane aa gayi ,you finished our purchasing power not able to buy a car for a family since 5 years 😢
Finanace ministry - No
Tax Vasuli ministry - Yes
Earlier we used to look to Buy I phones from Dubai. Now we will even buy our shirts from Dubai😅
If she wants to hike tax on "sin" products, then she must also make it zero tax on things like gym membership which help keep good health
The Beatles wrote a song called "Taxman", before they left England for good. Its happening in India. The rich "Modis friends" don't pay taxes. The middle class and poor do in direct and indirect taxes like the GST. The best of India will leave and make money somewhere else. There is no modification to stay in India.
You are wrong sir. Rich, middle class do pay the taxes atleast that are employed by companies or government. Poor don't do any taxes but our government gives them everything
@@jagadishbhatta9562 I didn't say Rich Middle Class. I said the Rich like Adani, Albani. All their companies are domiciled in countries other than India.
@@jackbal7623
Actually, they are the highest tax payers it's our rich businessman who doesn't pay their taxes and of course the corrupt politicians, rich farmers who earn in crores but these guys don't pay any taxes.
My point is instead of putting more tax burdens on tax payers the government should work on increasing tax collection from non tax payers. In India only 3% of the Indian population pays their direct taxes.
@@jagadishbhatta9562 Proportional to what they earn they don't pay much. As for the poor they still end up paying indirect tax which is high proportional to the income. So yes, the super rich proportional to the income pay very less taxes than the middle class and the poor. Especially the middle class since they are smothered by taxes from all sides.
Per capita Income in USA - 80,000 dollars
India - 2,700 dollars.
The quality of life is 10 times better than the quality you get in India.
Corruption is less, government provide public education, retirement benefits.
How many times have you visited the USA ?
Go to new york Subway trains and rural areas of America.
Don't fall for propaganda.
Western countries built on money looted from global south countries
This guy speaking is nuts. Tax him 90% of his income!!
Jokes on you, 90% of his earnings is in black money
@@mohamedfasil4932so his inspiration is MODANI I guess 😅
Respected Ministry of Finance,
Being a majoritarian sect of middle class employed in private organization, am happy that income tax is very reasonable at 30%.
With utmost discipline and determination, regularly investing to create wealth for my next generation, am happy there are taxes everywhere while investing also [long term, short term capital gains.. am not trading so I dont worry about short term capital gains].
Am happy that the new tax regime has diluted / simplified the tax structure [that is what is claimed by honorable fin ministry] which very much motivates everyone to stay away from investments, health insurances etc, because Govt of India is doing a fabulous job on aiding people.
Am very happy that there is no inflation in India so the prices of basic commodities for regular lifestyle are still at the same price as it was 10 years back.
Bravo to the Govt, for trapping the majoritarian group of Indian in the same state or making them go low further. In near future this majoritarian will be minority and strengthen another group by join the poor / poverty segment.
Thanks & Regards
Nimmo has gone mad, she should quit.
nimmo🤣 thats a new one
she does not work for you. she works for A__ni + A___ni through the agent M_di
Ye Ambani ka campa cola bechne ke liye sugary drinks pr 32% tax laga rahe hai.
Because this guy can't compete in open market with behemoths like PepsiCo and Coca cola.
campa cola is a new business investment...so it will be given 10yr full tax holiday...dont worry
Why don't they just introduce 'Life Tax' at this point for being alive and living!!!
I will never blame nirmala ji master mind is Modi ji
Then what is the use of finance minister
@@Anoymous464gaali khaana
@@Anoymous464 PUNCHING BAG for public while MODI helps his corporate friends
@@Anoymous464Everyone needs a distraction Piece, like my Uncle says why he opened two polymer factories, one sells good quality & other has the worst quality, So it will create an illusion of getting the right product aka having a choice.
While ironically what he's doing is up-sell the product price by raising the cost. Btw he's in Jumla party & somehow a bhikari 150
k salary bhakts gives me Gyan on how good their beloved party is. 😂
@@Anoymous464he is the face but the mastermind is modi
They forget about inflation when it comes to taxes. For example,
if I earn 7.5LPA and get a 10% increment with inflation being at 10% my purchasing power remains the same but I get taxed more at 15%. Does this make sense?
If you compare it to USA they at least revise their slabs regularly to adjust for inflation. We do it after 15 years. If our government feels like it.
This is an “amazing” government economists say you should widen the tax base and lower taxes here we widen the tax base and increase taxes.
Also have they thought of, I don’t know…reducing corruption and government expenses to increase revenues?
To hell with them.
US tax is super high don’t compare. And they don’t have burden of spoke loading on freebies
US government has also destroyed tax paying class. India is doing the same
@ agree but our “financial advisor” fellow was doing the same hence the comment.
Where is all this taxpayers money going???? For their appeasement politics and retain power ....
It will not stop at 35%, it will move to 75% slowly, from where do they fund ladli bhene and dozen of reweri programs? Affulent will migrate out of India more than ever..
Migrating to other nations is affordable?
1500 - for clothes is luxury? A good dress is nothing less than 2000/- . A middle and below middle buy this during celebrations only.. 10,000- is a lifetime dream.....now that too is taxable???? Roti is taxed multiple taxes, makkan is unaffordable with or without taxes, now kapada ...final nail in the cofffin... Remove TDS and you will see how many will be " honest taxpayers"...
I dont understand why everyone is outrageous. Like we donot have a single minister who is willing to speak to the press or public and we have the audacity to expect accountability
Wdym?
Doing job is a bad thing in this country. Agriculture unemployed and depending on free ration is what govt want
india needs to break down
Household savings which was at 30% in 2013 has come down to 18% in 2023. GST @ 35% is so less. Thanks for a large hearted government that is so considerate.
Abolish income tax and make all GST taxes at 18% and no tax on insurance.
That is too low for country like india to sustain forget about prosper
@pb99865 if you look at the products and their GST.. 5% Ones are 57%. If you average it out.. it works well in fact covers the incometax collection amount. Rest all at the same slab would work. Why burden 2% income tax payers. People who earn less than 50lak. Per annum should have zero tax.
@@sai.boyina Why should one pay 18% flat GST on all products so that you guys who are earning high income do not want to pay your taxes and want to shift your burden on others who come under the Nil bracket or 5%
I earn 6 lakhs per annum I pay 0 Direct tax and file nil returns, why should I pay 18% flat GST on all products ? so that you guys can shift your tax burden on us
Don't be selfish, speak for yourself and don't speak for others
Tax rich farmers! Now, immediately.
Chal b
Most of the politicians are farmers.. so that is not happening..
@@sanketnegi1 That is the problem. Salaried class needs to revolt to ask for taxing rich farmers.
Even SRK's daughter is also a farmer 💀🤣
Luxury is govt employees getting life long pensions when no private tax paying citizen gets that.
Luxury is providing security cover, free bunglow, phone to ministers when whole of India is suffering from high prices.
Make Tax 100%...take everything, why leaving the rest of 65%
Only tax no gdp no jobs
What's the use of a job ?
Why not just be the greatest human like bhakts who's busy in commenting super power Desh, Vishva guru etc....without work & without izzat in Ghar.
Paisa kamane ke liye job karna desh bhakti nahin hai, happily bikhari Jaisi ijat mi andhbhakti karna se bada achievement hai.
- New Bharat.
I don't understand how the financial experts support tax system and compares it with international countries. If they compare the tax system, why don't they compare the social security?
Ias and politicians should pay 35% of ac office electricity bill,residence ebill as luxury tax to govt.35% of business class fare, govt provided car annual depreciation, 35% of driver salary, 35% of security guard salary as tax to govt.
Middle class in USA (under 100K) pays 22% tax. The next tax bracket is 24%. If you're hitting the 40+% tax bracket- you're rich, not middle class.
Additional tax on Adani, Ambani
Wow. Finally a journalist with courage to speak up. Hope she will not be fired for this!
She was a chamcha of this government..
Please tax netas of 50% of their income if they earn more that 13 LPA... Colonial taxes...
The government is hell bent to bring down upper middle class to lower middle class, lower middle class to poor and poor to beggar. Well done NDM and nirmala tai. Sadistic and insensitive. We should expect GST on air and water soon.
Thanks to this media channel for covering this type of serious issue ❤
So Mr Subramanian, since tax system is simplified that doesn’t mean they have tax us more in a simple method. Buying 1500 worth of clothes is not luxury it’s an essential. Why the hell on this country we have to pay so much taxes on the money that we have already paid??
a single jeans is above 1500
And then people ask us why we move outside this country after education. Taxes here are ridiculously high 😑
I am against the tax policies of this government. But in no way is Tehseen middle class😂😂😂😂
But what he has said is true. Look I too support BJP but their taxes, and defence acquisition is pathetic. After being in power for 10 years they didn't finalized on MRFA deal to buy 114 fighter jet for IAF. Also After
2020 everything is very expensive now.
Because of no tot@@jagadishbhatta9562
This month gdp got affected that's y the BJP wanted india citizens to pay in the name of simple tax, so that gdp might get better@@jagadishbhatta9562
Don’t compare USA tax with India
Kishore subramanyam says other countries around the globe pays more taxes!!!! But they also get world class facilities!!!!!!
I am not against increasing taxes for Tobacco and Alcohol, but increasing taxes for everyday items is robbery and thuggery.
Taxes above 25k are everyday item?
@StudyNow-z8k Do you think only watches cost 25k? Are you aware of the price of pulses, coffee powder, tea powder, cereals, condiments, spices and so on??
@@praks007 GST on pulses are 5%
Same for coffe and tea powder
For cereal, 0% GST rate as long as they are not pre-packaged or branded. the loose cereal itself is exempt, packaged versions attract a 5% GST
5% GST for spices
@StudyNow-z8k Well, if you are determined to keep defending the indefensible then keep doing it. By focusing discussions and debates just on high and low GST what is really being sidelined is the rising cost of every item. Who is answerable to that?!!
@pragks007 leave him bro
why is there a tax on notebooks?
If BJP falls, we know who is responsible
I am paying tax worth 3 months of my yearly salary. That tax is TDS even after paying home loan interest, loan principal, medical insurance for mom, dad, ELSS investment, and the NPS using 80CCD. Every exemption section is exhausted, except LTA (can't travel every year because traveling is expensive), donations, or education loan, HRA (doesn't make sense doing it for the sake of doing it).
Story of all working class who fall in 30% income tax slab. Nothing we can do
i don't hate a single thing proposed here i am a 9 to 5 worker i can never afford 25k+ watches nor can i afford shoes worth 15K+ so i am happy with this.
Tomm, watever u buy will fall into 35%
@@PIXEL00000 you'll remain there . 9-5 begger for life. Stay there. 😂
@diaryofawanderingboot Idiots like you who can't even understand the crux of a comment can stay as millionaires.. Good Luck
Didn't all your goods transferred using fuel and that tax put on you
Sir you can't afford 15 k watch but if you or yoir son gets abetter job then why are paying more? Because you worked hard?
thanks for raising the voice of the people.... Taxes are too high in India
Kishore Subramanium comparing with usa you should compare india to bangladesh, pakistan, nepal and Bhutan and srilanka according to our country avkad, giving example of usa government extorshing us .there's no compare what usa giving facilities to there's citizen no compresion
already they changing 42% gst on luxury cars cigarettes etc
She is a disgrace as Finance Minister... Our future is doomed...
All the apparels manufacturers/sellers will raise the curtains to new scam , that they will move their products which are under 1500/- to 1499/- to fall in 5% GST 😂😂
Actual scammer is BJP and BJP supporters 😂
Mein Europe mein 45% direct tax de raha hu, aur indirect vat.. mujhe koi fark nahi padta kyunki mujhe public services, public healthcare, social benefits mil rahi hai. India mein ganta kuch mil raha hai. sadak khudi rehti hai 12 mahine, gutter overflow karte rehte hai, gov school mein teacher nahi.. toh itna tax kyun du? Har din indian consulate mein line lagi rehti hai passport surrender ki.. ab khud hi samaj jao!!
in a developed nation, I have to pay a less % of direct income tax and a less % in GST whereas in India I need to pay both very very high
what I get is in a developed nation, I get free good health facilities, free education for my children and a very well maintained infrastructure ... in contrast in India we need to pay high medical bills and GST on insurance premiums cause government hospitals are not upto the mark, high and exhorbent school fees in private schools because education is of zero quality in government schools and about infrastructure ... roads are full of potholes, railways are running late bridges are collapsing, airport roofs are collapsing
the state of economy is getting worse day by day and for this simple reason middle class people are moving out in large numbers everyday
We need to tax the rich farmers and bring back farm laws. Only that can help. Crying will not help.
In developed nation the direct tax is high but Indirect tax is less.For example switzerland has 52 % flat direct tax and 5% flat indirect tax.India has nominal IT only, we dont have flat IT but slab IT.People who claim paying 30% IT are just paying 17% effective IT.India. GST is high in India which will go upto 28% + 22% compensation cess but for luxury.Unpackaged Food items and vegetables are excluded from GST.
Very centrist approach to rhe matter. Loved the way the debate was conducted in a " civilised" way
I'm a bjp supporter but raising gst on clothes phww... Remember I'm not gonna vote for congress but definitely i will vote for NOTA next time, mark my words
We should support neither BJP or Congress, both are corrupted who thinks nothing of common people but to further fatten their already fattened pockets.
Nota option available hi ni hai.. Election commission of india ko email kiya kabi reply aya hi nai..
What other taxes can we see in future.
1. Since you cannot live without breathing, govt has decided to impose tax for that. Every human being will have to wear a special mask 24 hours a day which calculates your breathe time. You will pay Rs.15 per day as tax if you breathe for 24 hours , some people who practice special breathing techniques and breathe less than 24 hours per day will get benefitted , like some saints etc., and any common man who practices breathing less than 24 hours will get tax benefits)
2. Similar thing goes for eating 3 day meals. A special camera everyone has to wear that monitors your eating habits, if you eat exactly 3 meals ( it is timed exactly 15 mins ) there is no tax but if you exceed these eating conditions then Rs.10 for every additional 50 g for food that you eat be it snacks, liquid form etc.,
3. Govt. will not impose tax on what you see with your eyes. You are free to see what you want.
4. Govt is thinking if they can impose tax on wearing dresses. The more you wear the more the tax. This is applicable only to common people whose income is less than Rs.4,00,000 per year.
5. You should not dream of becoming rich, getting a luxurious car , relaxing on a foreign tour, having a great food etc., A special chip you will swallow which will monitor if you dream like this. If you do so you will heavy tax of Rs.100 per dream.
Arguments are not pragmatic.
100 - 95-98% Indians = 2-3% of Indians who pay income tax. Exactly the point he did not understand.
around 8% file ITR.
You pay tax even if you buy salt waht the fuck are you talking about, everything that you see is from the tax players money, your father doesn't sell his ass for all this. Anything that is bought is already taxed, even land, food, everything. For income tax, people first should have such income. Where govt just comes and give discount of thousands of crore to their friends. Open your eyes or just don't talk.
@@navan1087Yea and m
more than half of them aren't even in 30% bracket. So effectively 3-4% pay taxes.
Tax horror
Tax slavery
Vote carefully that's why
Next tax for wearing underwear 😂.
Worst finance minister of India she is single handedly responsible for ruining the life of middle class. She should tax farmers earning over 2 cr sitting with her in parliament and builders they are sitting on biggest black money. Doctor's who are over charging in all hospitals.
Please spare middle class.
Batega to katega, tax bhi nachega.😂
Most Disguised stats is Average Income which does not account the wealth people have lying idle, unaccounted salaries etc. A salaried person needs to take debt for medical emergency while other simply have to sell portion of land even though they receive subsidies. Salaried family in city is the worst hit in this country. There is no change they will get out of existing economic status.
Why vote for bjp ?
Only pro middle class person was manmohan Singh
And he never got credit or votes for it 😔
What pro middle class? 11% inflation bhul gaya?
@StudyNow-z8k atleast pple had more money in their pockets that time
@@diyar8161 kya majak hai bhai?
Abhi 6.2% inflation mai hi phat rahi hai socho consistently 11% hota toh?
@StudyNow-z8k inflation ta i am not denying but har cheez mein zabardast tax nahi lagate the. Also i feel ki 6.2 se jadaya hi hai abhi ka inflation.
@ basic necessity like cereles coffee tea powder, pulses are only taxed at 5%, it was always like this
6.2%, it is also declining
End artificial inflation 😡
She is on a mission to finish Indias middle class
what middle class buys watches above 25k ?
If middle class can buy an iPhone that costs 1 lakh, what’s the problem in 25k watch ?
@@shub_2146bro what.....😒
@@shub_2146I think you don't know the word "Ambition"
Anu Lall hit the nail on the head. As citizens we need to ask how are the revenues being spent ? 5000 crore on a new parliament building is not necessarily the way to go. The government has to invest in infrastructure i.e. better roads, law and order, education and healthcare.
CONGRATULATIONS TO ALL THOSE WHO ELECTED BJP 😂😅😂😂😂😅😂
Baveeages??!! Seriously??!! They are just some refreshments.
everyone cries about tax the rich, then when the gov tries to tax the rich by increasing tax on the things which the only rich usually buy, every middle class aunty and uncle comes out in protest.
This is the same case in the automotive sector as well, when gov impose 100% import tax on luxury or supercars, every one who can't even buy a 20L car without taking an exorbitant 7 year loan cries as if they would have bought those supercars that cost in crores, if only the gov didn't have import tax.
This lifestyle tax is not going to seriously affect 80% of the indian population...and for the rest, no one is forcing you to buy luxury goods if you are worried that much buy goods that the rest 80% of the population buys.
So only Riches by clothes more than 1500 ?? Shameless BJP supporters
8 th Pay commission for government employees coming using Taxes from self employed and private sector middle class.
You guys are middle class? 😂😂😂😂
Reducing the GST on life-saving medicines. This would greatly benefit patients and families who rely on these essential medications, making them more affordable and accessible
Why are people crying so much in the comments section .
Acting as if they buy 10k plus clothes items, 15k plus shoes and 25k plus watches.
This will only hurt the ultra rich 2 % population.
On the other hand taxes on common goods like writing books and cycles is being reduced . Best being a reduced tax on medical insurance premiums. This is a step in the right direction when it comes to indirect tax, the next step should be towards reducing income tax / direct tax. Ask for that. Why crying and criticizing government for something that makes sense. This is balanced scocialism at it's best. Making rich 5% pay more tax through their luxury purchases and reliving the middle class and poor for their common goods purchases. Just because its bjp, one should not attack something good it is doing.
The anchor is an idiot if not biased. Asking to ban tobacco and alcohol will only create a black market leading to more circulation of black money and crime. Best way is to make people pay for their vices.
🙃🙃Middle class are shrinking in india.because of idiotic policies
Abolish Income Tax.. Transaction tax ko hi priority deni chahiye
Yes. Hence my comment. Going on adding expenditure tax while mot thinking of reducing individual income tax. Let corporate tax remain same
Soon modi ji & gang... planning 100 % tax on under wears....😂
Mr Basant Maheswari sir , inform us continuously about India GDP , GST .
From where will Modiji feed 80 crore people mitron 😂
Financial expert opened he statement talking about taxes in others countries but never mentioned what are the services provided by those country’s government
2015 - I saw my salary written on a pair of shoe.
2024 - My salary as the tax amount on the same pair of shoe.
I won't be able to ever purchase the shoe. Thanks to the most inefficient n FM of all time.
End Corruption...the tax rise will not take place
you cannot double and triple tax the same money at those rates . Marginal income tax is at 30%, and then from the residual, there is another 35% tax! . Its illogical to think that if 3% people can afford something its luxury . Because its that 3% - 5% that is and will drive consumption and drive GDP.
I want to know how much tax she is paying and How they are using our money for development, Environment and infrastructure...Even this much taxes are not enough for government to give better service instead What they are offering is Hindu-Muslim, Free Money, Free Anaj, Dharm, Too much Crimes, Irregularities and irresponsible behaviour🎉🎉..What A Great Nation Wow
When it comes to taxing citizens (GDP/Capita: 3000 USD) Indian govt benchmarks itself with Europe (GDP/Capita: 68,000 USD) and America (GDP/Capita: 87,500 USD), and when it comes to providing services it benchmarks itself with Sub saharan Africa (GDP/Capita: 1,500 USD). The air we breathe requires purifiers, water we drink requires RO's, electricity we consume requires Stabilizers/UPS, Healthcare we need requires private hospitals, Education our kids need requires Private schooling, Roads we drive on requires paying exhorbitant tolls...wonder why? I will tell you the answer: the content we consume wants us to believe we need Mandirs, Mahakumbh, Padyatras and Kanwar yatras more. This is democracy - you get what you vote for.