'Middle Class Is Angry, Finance Minister Must Listen...': Mohandas Pai | Budget 2024
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- Опубліковано 4 вер 2024
- In less than a week, Modi 3.0’s maiden budget will be presented by Finance Minister Nirmala Sitharaman. In anticipation of a strong and enabling budget for the industry, bulls in the stock market have been pushing the Nifty 50 and Sensex to a new high rather frequently.
But there’s distress on the jobs front, the number of rich surrendering their Indian passports is likely to end at a figure higher than last. The middle class wants a break.
In the run-up to the budget, Mint has planned a series of interviews, stories, and panel discussions to ensure your voice reaches the government. Mint’s Budget 2024 coverage will culminate in an analysis of Nirmala Sitharaman’s 7th budget on budget day.
In this exclusive interview, Mohandas Pai, Chairman of Aarin Capital talks to Abhishek Singh, Deputy Editor, Mint about the industry, middle class, and startups’ expectations.
Watch the full interview tomorrow at 4pm only on Mint.
#mohandaspai #budget2024 #modigovernment #nirmalasitharaman #financeministernirmalasitharaman #incometaxslab #budgetexpectations #angeltax
Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
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livemint.oneli...
There is tax terriorism in India on middle class. You pay 34% taxes on income then 28% gst on medicine and insurances and get nothing out of that if you loss your job. Horrible
Well said brother. We Indians don't demand much from our leaders.
How is it 34% for middle class? do you Mind elaborating?
@@SSSTIERWAIFUif you are 30% and earn 50 lpa. With cess of 10% you get to 34
It's 22 percentage of gni and we can't have fiscal deficit debt based lifestyle like usd, cos we can't export our inflation by printing unlimitedly like usd....so this tax is not enough....china gives 29 percentage of gni....so it is what it is....all this tax reduction will only result in increased freebies and entitlement benefits which only works if you have a single world reserve currency....
Worst FM of the century
Thanks to Mohandas ji speaking up for Middle class. All the hard working private sector salary class were taken for granted.
probably his company profit is coming down, that is why he is speaking. Go back and check few years old video, there people only used to Butter the Govt. Remember his 70hr/week wala interview?
This fellow was bootlicking for 10 years
@@shahrukhkotwal7125: Thank God he is speaking the truth now.
What's happening in India is called Tax Terrorism!!!!!
Current NDA BJP government...no one has the brain to generate jobs and ensure middle class people lives are uplifted !!!
What's happening in India is called Tax Terrorism!!!!!
Finally somebody speaking for middle class people.salute to you
fyi, he's a BJP guy
He's speaking out because Modi is now weak and going out. If Modi got 350 seats he wouldn't have shown any guts. Last 10 years is the evidence.
@@hulkdhiraj atleast he is not a chamcha , who don't question their leaders .
Vote bank
He'll talk one day.. again back to ji ji kyaji 😂 don't be fooled people
I am so glad Mr. Mohandas Pai spoke up for the middle class salaries class. Yes, I am angry. I see that every intransigent group and constituency gets their sops. But the middle class has gotten roundly ignored last 10 budgets. And they aren't listening. Which adds to the fury.
He's the one who ensured a pathetic 3LPA entry salary for decades. The IT cartels that are asking for 14 hr work days, are a doing of his peers & him.
Pai, sir, very correct. Nobody in the ruling party understands the difficulties faced by middle-class. The middle-class is greatly penalized and treated as most unfavorable class
Middle class is the victim of tax terrorism.
Victim of freebies !
Current NDA BJP government...no one has the brain to generate jobs and ensure middle class people lives are uplifted !!!
What's happening in India is called Tax Terrorism!!!!!
@@rajx7120 Freebies only for BPL .this is the honest tax payers who get nothing
Reduce gst on walking sticks and spectacles for Sr.citizens.
hindus are the only ones run after jobs and don't want to pay taxes. meanwhile most of the bhaijaans have taken over all unorganized (no tax) sectors
This FM is killing the middle class in India. If this type of income tax structure continues then there will be two categories in our country by living standards. One is the rich class and the other is the poor class.
Rather "elite class,economically protected government servants and poor class working for the elite class today
Is FM acting on its own ?😂
@@sandy76543 every finance minister has his/her own impact on preparing economic policy decisions. So one can't ignore that.
Mohandas Pai sir, you have my respect. All points are bang on, and we need to tell the harsh truth to the government, they have had their chance now they have to work
Why we have 28% tax on bikes and cars on top of paying income tax where government can’t provide clean and easy public transportation to all !
State governments collect the Road Tax which they are suppose to use for road infrastructure development & maintenances.
5% tax on Helicopter. BJP wants middle class to buy helicopters.
@@taazaspices7500j
Salaried class has no class as per politicians they are not farmer, dalit, pichada, obc, st ,sc,minority then how can FM can give him any relief.
Absolutely correct 👍
@@bhagwatithanvi8270 it’s sad after the election result modi has made a 360 from being pro reform to pro populist politics BJP shooting itself in the foot and killing the middle class in india along with them … BJP is losing trust with voters faster than Rahul’s flights to bangkok
middle class is so small that we are ignored... we paid taxes for last 10 years without a word... in return got zero... make sure your vote counts in next election and dont go on holiday on voting day. Your vote matters. Income tax should be completely removed.
Nirmala Sitaraman is not doing good job as FM. If BJP doesnt listen to People's pulse, it will lose next time. Saying this as BJP Supporter
This band of people don’t go to vote.
@@felixvas31 I voted always. Do you vote ?
Fully agree.we do not want BJP to lose as divisive Congress politics can kill India itself. BJP must come out of its bubble and listen to people like Pai if not people on the ground itself.
@@VimalKumar1979a
India is not BJP and BJP is not India ( _paraphrasing the quote on Indira Gandhi_ ). Let the middle class teach BJP a lesson by voting for even more extreme Hindu candidates as independents ( _those who care for the tax paying middle class while also retaining strong Hindu identity_ ). --------------------------------- Binary options are for labour class. If the middle class, which is generally concentrated in pockets, cannot come together and vote for its rights then nobody will care for them and they deserve to be placed in ignore list and continue to exist solely as society's tax donkey. ----------------------------- All that education and yet cannot even achieve the simple task of rallying for their ( _middle class_ ) rights. This only indicates a weak, spineless, lazy and pompous voting-bloc. All talk and no action.
Seriously congress won more seat this election not because they are capable but rather the defense i.e. bjp has no good leaders and they are giving no shit about people who are actually working for the govt or service holder. But fact is even if congress comes in power, they are going to do the same with middle class service holder group.
Unfortunately, FM is arrogant and the PM has a different agenda..
It's a shame when you see a responsible cabinet minister shamelessly laughing at the plight of the citizens.
Middle class is free to decide who to vote for, only that it doesn't acutally count.
Citizens are responsible for their own plight.
@@rajivgupta4384too taxing payers of the country doesn’t count in majority vote bank.
Mohan Das Pai is, as always, very right about everything he spoke about. Shame on central government for not making use of such minds of our country to make policies better.
You are right. The problem is Mr. Pai is brutally honest & governments do not afford honesty
This is the objective Mr Pai coming out with the right feelings of
the middle class. which had become rare in the last few years.
Thank you, Mr. Pai, for finally giving some voice to the middle class, who have been treated shabbily by the Modi government.
You are bang on about the middle class anger, and I see many getting disillusioned by the policies of this Finance Ministry, and most are very vocal about it.
This is a powerful class for sentiment amplification, while I hope it does not happen, the backlash against this government is imminent unless steps to alleviate their distress is taken with immediate effect.
Pai is correct. Middle class has been really dealt with in a very shoddy manner.FM has no sensitiveness towards the plight of middle class. Worst FM ever we have been saddled with.
What you say is correct, but we voted for this government. Why complain now?
@@pardeeptandon another dhruv rathee educated guy
@@pardeeptandon GOVT IS BEST AND DOING GOOD JOB .
WE ARE SAYING OUR PROBLEMS ...
@@Bull-ph1gfbecause it is the best government the rich are getting richer and the poor poorer. The middle class is the most sufferer.
@@phse6083you'd rather want everyone to be equally poor, as was the case in congress era......
Nirmala Sitaraman to middle class - Cunning smile and Thank you again this year for your contribution.
@@hiddendname Hope the country says thank you and goodby e to her this year
Well said by Mr.Mohandas Pai on behalf of middle-class people, Govt of India should take serious action for the upcoming generation's future based on today's actions. kindly act wisely.
Mr Pai is right on every count he puts forward. " We will charge you, you may represent, appeal and are likely to win. But you will waste a lot of time and money. So give us the money and live peacefully" is the tone.
Middle Class are very Angry ,very true Sir
yes
Ha ha nope.
@@realnapster1522chal be Bpl bot
Current NDA BJP government...no one has the brain to generate jobs and ensure middle class people lives are uplifted !!!
What's happening in India is called Tax Terrorism!!!!!
Yes. Very angry.
He is from South but asks for more jobs in the North. Refreshing to see such unbiased leadership and statesmanship. I wish our dear leaders in the North States also start looking at solving the problems for the benefit of the nation. We seem to be again headed towards jungle raj!
He is a brahmin.So he can never become PM
Yes because south people don't like to get corrupted culturally like north. They want north people to remain in north and protect their culture
Sorry, It won't happen until people vote outside of caste and religion.
@@sundarrajn1003 and language chauvinism and social justice scams!
Well stop crying about jungle raaj it's bjp raj which is destroying bihar and the rest of India . The state you are talking about who has language chauvinism has districts with hdi close to Denmark and Sweden@@yogendrang5924
Agree with Mr. Pai 100%. I am a senior citizen aged 67 years subject to Income tax. While my income from pension and other resources is almost constant, my tax liabilities have almost doubled. Insurance Premium on health policy has increased by 100% AND gst 18% is applicable. My whole income is eaten by Income tax, insurance premium and medical expenses. Why can't FM and PM think of ease of life for common citizens ????
I agree with your view. It is perhaps not right to charge any tax on insurance premiums and medical expenses. At least for the retired senior citizens.
Absolutely right Sir 💯
Dr.Shsru Rangnekar a noted famous journalist cum management expert in his book "In The Wonderland of Indian Mangers" he categorically mentioned that a dictatorial minded CEO of any organisation ran by only Yes Men who echoes and reverberate his master's views without any application of brain can ruin the organisation completely. That is what we have seen today and face the consequences.
Answer is simple. PM and FM are from criminal background
I m fed up paying income tax on my salary and we are not getting any direct benifits such as medical benifits, etc
Mohandas ji speaking up for Middle class, I really appreciate. we are dying slowly. actual poor in this country is only Middle Class.
Sri Mohandas Pai, is 💯 correct, plz give tax rebate to middle class, up to 10 lakhs zero tax
10 to 20 lakhs 10%
Above 20 to 1 crore: 20 %
Above core 30%
seems reasonable
Excellent but no one cares
and benefits for direct tax payers. At the least basic unemployment benefits when they lose their jobs.
Sapne me😂😂
Why zero tax up to 10 lakhs .. have some minimum slab say 2 or 5% .. bring Marwari and Gujju traders on tax bracket.. why should anyone have all the fun ..
He is dead right. Ms. Nirmala Sitharaman is not under pressure to listen to middle class.
She is under pressure to do things for vote bank(poor).. you think she is alone deciding and not being questioned by the party?
Bhakts vote blindly...Now what can we expect from BJP and Nirmala
nirmala does what party want not what citizen wants
middle class is so small that we are ignored... we paid taxes for last 10 years without a word... in return got zero... make sure your vote counts in next election and dont go on holiday on voting day. Your vote matters. Income tax should be completely removed.
this govt has decided to dump the tax paying middle class . the arrogance of govt is not going to help anyone.
As an obedient Middle class citizens of this country with Modi's blessings we all should pay more taxes so that the government can recapitalize all the banks and give cheaper loans to Ambani and Adani. We should be proud and happy that we have successfully created billionaires in the country. We should be proud of the never ending weddings of the group. We need to fulfill Modiji's grand vision by selling pakoda instead of questioning about unemployment situation. Modiji did all the hardwork for the country. With his hardwork even when we have a lazy middle class Modiji with his leadership made the country fifth largest economy and he is going to make the country third largest democracy. We all should be happy and proud about it and be obidient and pay more taxes for his hardwork.
Coz they know the mi dilemma class are chutya who will vote for modu regardless of how.much he fcks them with taxes 😊
Gen category will be killed by reservation.
We voted for this, did we not?
Middle class has no voting power !
Good advice/recommendation by Mr. Pai. Instead to subsidizing useless things & sending aid to worthless countries, that money needs to be diverted to Indian middle class and start-up ecosystem
I am feeling ashamed of supporting MODI for the last 2 decades. Here we have an insensitive / incompetent finance minister who has no idea of what a middle class life is ( She may also claim to be from middle class).
She belongs to a special category where wives and Husbands project diametrically opposite political philosophies and flourish.
I have been struggling to understand the format of AIS which looks more like Algebra. The best example of how to make a simple form into most complex , I am unable to decipher AIS which keeps on updating till....?
Form 16 was issued only one month ago , my auditor is in another city ( for job purpose i had to shift to another place).
For the last 3 decades i have been trying to understand what is accured interest on FDs & why TDS has to be paid on unpaid interest 🤔
Refusal by IT Dept to extend the Last Date for IT filing is the last straw on my back.
Finally someone has got the guts to speak up even if someone had that they were silenced and laughed in many shows and interviews, I once watched and an interview of the finance minister where she was asked about the taxes in buying and selling on shares she just got away by saying I am just a sleeping partner and cannot do anything... That shows the level of intelligence and an easy way to cover your mistakes. All support to Mohan Das Ji for understanding the pain of middle class🙏
Soon middle class people will definitely teach a good lesson Sir. No concrete actions against corrupt politicians. No fast track courts established to dispose cases on day to basis. Let them simply laws with stringent punishments and heavy fines for simple offences
All corrupt politicians have shifted to the BJP
It's so hilarious when corrupt people call politicians corrupt!
If you are not from Delhi, I bet you DL is unlawfully made.
And if you are really middle class, I don't think your home construction is legal either.
Current NDA BJP government...no one has the brain to generate jobs and ensure middle class people lives are uplifted !!!
What's happening in India is called Tax Terrorism!!!!!
Also IT refunds are not prompt we have to wait for months
@@samuelgeorge3823 then speak to your company for overpaying income tax.
Bravo Pai !! Thanks for representing us and giving voice to taxpayers problems
Yes we must fight against huge tax
Make this man the FM !!! 🫡 salute for explaining the pain of real middle class and giving hundreds of ideas and areas where govt needs to focus on. I hope govt takes action on at least some points
Ye bhi FM banke wahi karega Jo abhi Wale kar rahe
@@amankumar0010 ☺😆
Be aware of what you are pitching for. We have lot of chameleon in the society. This is the same guy who was claiming demonetization as a great move. He is simple Modi boot licker.
It will make no difference as all policies are made in the PM office now; the rest are lamp posts.
What's happening in India is called Tax Terrorism!!!!!
Mr pai is the voice of the middle class.
Thanks for speaking on behalf of middle class.. This govt will soon realize how badly they treated middle class.
Common Suffering People are more concern with many burning issues like high cost of living, low income, fearful uncertain future, high inflation, skyrocketing price rise of essential items, extreme unemployment, education healthcare infrastructure mismanagement facing today, stressful livestyle. Government failed in each and every area for providing basic needs as per constitution to common people being a welfare society where nearly 80% people are living below or near below poverty line. Extreme high inflation on food items, vegetable are killing mental health of common people and ruling government overlooked this painful stressful life is Very very unfortunate.
Middle class is being punished for prompt tax paying
middle class is so small that we are ignored... we paid taxes for last 10 years without a word... in return got zero... make sure your vote counts in next election and dont go on holiday on voting day. Your vote matters. Income tax should be completely removed.
Excellent Mr. Pai, hope the PM personally looks into it.
Whether he(PM) will listen to this? Is the question!!! Mrs.Seetaharaman is like a donkey without brains!! Work work!! For whose benefit or is it to get your ministry's stupid bureaucracy's "claps" we are in fast moving world every day decisions has to be taken based on economic environment 😮😮😅
Wow! Pai sa'b great. I m middle class and believe me I want everyone in this class lower or higher bracket, never to vote this govt ever. Such is the level of frustration in my middle class.v r unable to take care of our children and very much worried abt future
Chidambaram is one FM who gave maximum relief for Middle class..... Nirmala Sitaraman is the Worst of all....!!!!
Ask the people when he was FM . ALL ARE SAME SIDE OF SAME COIN.
@@debapratimmandal3295 I need not ask anyone my dear friend.. I was a taxpayer even when Mr Chidambaram was FM..!!
Thank you MR. PAI for supporting the poor middle class family 👏
Absolutely true. Middle Class is always ignored. Nirmala Sitaraman had failed to address issues of Middle Class. Next time BJP can loose just for ignoring all core issues of country. So far I was supporter, but from 2014 nothing has been done for middle class.
but unfortunately is middle class in not a big vote bank as % .and we always have fear of Congress or india block coming in to power can take india 15 years backwards Economically in matter of 5 years pretty easily. ( thats only economically speaking. forget culture and softpower and other things.
but at the same time we cannnot let bjp take us middle classes for granted
Our PM recently announced extension of job for retirement. When people are rushing for government job they will be deprived of earnings. Everyone rushes for Government jobs because 80% of govt employees work less than half of the private company workers.
Our PM recently announced extension of job for retirement. When people are rushing for government job they will be deprived of earnings. Everyone rushes for Government jobs because 80% of govt employees work less than half of the private company workers.
@@SAIPRADEEP070the biggest issue is why is there only two options? It's either congress or BJP? Why isn't any third party bring elected at all
30% income tax and then out of remaining 70% we have to pay 18% gst. This govt is looting middle class or upper middle class.
Thnx sir for speaking in favour of d middle class.
That's a wrong request...middle class is not angry for paying tax they are angry that they are only ones paying tax and they are not getting facilities.
Businessman and other professionals don't pay tax and they control the bureaucracy.
Corruption in entrance exams, ias, neet etc is more frustrating as middle man children don't get fair chance.
absolutely correct... instead of increasing the user base for tax they kept on increasing the tax rates and middle class is suffering heavily. Middle class is now hesitant to increase their income as it'll attrack more taxes and in return we're not getting anything. All our money is spent in taxes only.
Indian Govt and FM is trying it's best to "kill the goose that lays golden eggs". I don't why Nirmala has been brought back, she is pathetic: that's an understatement!
The worst FM in the history of India. She doesn't have the spine to stand for elections as she knows she will never win.
Pathetic is not the word, sadistic is the word
The avocado lady😂
Government looting its tax paying citizens.
She is not the FM of the country but an ideal and disciplined housewife.
She has to be sacked.
200℅ correct..
Interest rates, living costs, inflation...
No governence on student fees...
Autocratic economy....
Autocratic fascistic ruling government leaders
Thank you Mr Pai for supporting all Indians...hope our PM is listening 🎶
PM' s advisors told he has only "sahanubhuti" for middle class tax payers.
This govt mindset is like that.
that means they know we people are tortured left and right and there is no way.
Last 9 years there is no change in Old tax regime for middle class, I don’t have any expectations, inflation is almost 50% in the last 9 years, no tax deductions, no increase in slab rate
I think you have never paid IT.
Or you where just playing dirty with old tax regime and jealous that NewTax regime is just better and does not require dirty games at all.
@riscnx what is wrong with you man? Why are u jumping to defend these politicians? There is a huge problem and Modi has done nothing to fix it. We brought in Modi to be the ceo of this country not to be the preacher on radio
@@doncorleone3901 New tax regime is very unpopular for those who earn 7.5 or more..There is nothing for honest payers,the price for being honest is punishment
@@doncorleone3901 Well I want there to be 3rd house in parliament where members are elected based on voting credit earned from income tax. This house will review every law ever added to condition and every common law made by courts by their own undemocratic Marzi.
But how many tax payers have balls to fight if that results in civil war, due to this?
What Modi is doing is perfect balance between maintaining sufficient votes and also slowing making laws that were needed.
You think it's easy to hold recruitment of Gov owned Junks? You think Agniveer scheme was easy to bring in, and is it still easy to continue it?
Get out of your delusion man.
@@riscnx agniveer is a bogus scheme and bjp will lose 2028 massively due to this alone. There is zero that Modi did in his 2nd term, he just became preacher in chief talking bs on radio and roaming the world calling himself vishwaguru this that. I want bjp to do well, they must first rationalize the IT and do most of what Mohandas Pai is saying here. Unfortunately Nirmala is not up to the job and she is just a arrogant old lady - even her husband doesn't agree with her policies. Her coming back as FM was the biggest shocker and goes to show the preacher-in-chief will continue to stick with his old ways. It's really sad that we may have to bring a clown like Rahul Gandhi to teach these guys a lesson. And i don't know what people like you get by bootlicking these people - practically noone in the country is happy
Why I have to pay GST on health services after paying so many income tax when the government hospitals practically has no doctors available and no medicine and facilities! Is it like you have to pay tax after tax as the freebies are only to get votes from lower class ?
Have you ever visited a Government hospital in India and got treated?
@@nathanielderohan3452 my father was a government doctor. I have been government clinics and hospitals all
My life. I am not talking about hospitals like AIIMS etc just normal
Hospital in remote India. They even do not have catguts even after the doctors applying again and again. It’s not that the doctors donot wants to treat but the facilities is just check in the box
Thank you for voicing our grevences
Middle class is dying day by day. No growth. 👎 no saving no future. Worst Finance minister she is a big joke
Thank you for being the Voice of the common man
Thank you so much for your voice for middle class. Today middle class is feeling left out. Everything is high high but not the salary or income of middle class.
Kudos to Mr.Mohan Das Pai he has got it 100% right and voiced the middle class misery being brought in by this government. Thank you Sir !
From 1990 onward india developed a middle class which has been battered in last 10 years... In these 5 years there will be no middle class left.. 20 lakh people leave india every year most of whom are middle class people...
The reason why all the bright minds wants to leave this country.
Yes MR PAI I am very angry with taxes is like harassment. Myself a small retail investor in stocks market NSE and BSE if I buy they taxes and when I sell the same. I expect the govt should consider this.
Every day we read news about crores of rupees in cash and property amassed by politicians and Government employees. But IT officials are busy in sending notices to ordinary people finding fault in their ITR.
1000 % correct
True Nirmala Sitaraman not for Middle class .....
middle class is so small that we are ignored... we paid taxes for last 10 years without a word... in return got zero... make sure your vote counts in next election and dont go on holiday on voting day. Your vote matters. Income tax should be completely removed.
Not just Nirmala, even Modi is not for middle class... He is shooting his projects and asking FM to arrange funds. The real culprit is M3. Should have not voted for him in 3rd term. Now we have to pay the price for 5 years!
Person like Mohandas Pai shud come in politics. Such good people are really needed. I saw Sudha Murthy these days. That's was so good to see such people. If our nation goes in hands of such people, we would really b blessed. Instead of electing gundas and criminals in politics, we need such good people in politics.
Honestly, Im 49 years old and i agree i should step away from salaried life and give way to youngsters. I quit my job and started a company. But in India , we dont have a database of manufacturers. As of today, only private companies has this data base. Im not able to find makers and im running across 4 states tamilnadu , karnataka, Andhra and Telangana as my product is custom made.
Government of India should come out with a database of all the manufacturers / producers across Industries. It should be available to those who wish to start business. this should span across Industries like Textile, Food processing, Warehouse, capital goods, electronics.
One nation , a common database open to public on the suppliers/producers/manufacturers across industry across all states of India.
Unless we create more business, it is difficult to keep indian population employed.
It is very difficult to get the maker or the supplier details n India and this is where China is overtaking us.
Hope things improve. Thanks for the insight.
This is a great business idea too
Keeping Indian population employed? How can you employ people that are running after government jobs? Do you even know the biggest reason for them targetting government jobs? If you don't know, then you are living under a rock my friend. I wish you luck in your business. Unfortunately that's is the only thing that works in India. Luck. Ideas, intelligence and ambition do not matter in thsi country
Current NDA BJP government...no one has the brain to generate jobs and ensure middle class people lives are uplifted !!!
What's happening in India is called Tax Terrorism!!!!!
During coming to power he had promised central database of all criminals with biometric . Till date no movement
We have the most dumbest and most arrogant finance minister ever in Indian history
She seems more angry and argumentative (disclaimer - perception based on her TV interviews). Some jobs can have that effect on you.
@@amitb6565 if a job can have such effects on you you should be prepared for everything before take up such important role . u can't be so defensive always, sometimes should take the criticisms and be humble in accepting any short comings ... I have no idea how such a person can become a finance minister again who has a horrible track record. I have seen so many interviews of her and sometimes she doesn't even understand what the question was and she answers in so dumbest ways that anyone can think of ...
middle class is so small that we are ignored... we paid taxes for last 10 years without a word... in return got zero... make sure your vote counts in next election and dont go on holiday on voting day. Your vote matters. Income tax should be completely removed.
Indian consumer is in distress. Rich have been pushed to middle class, middle class to poor, and the poor are starving except for 5 kg ration.
Salute you Sir, Hope Delhi Listens to You ! Its difficult going for Middle class 😮
In Hindi there is a saying "Haati chale baazar, Kutte chale baazae". Middle class was, is, and will be made to cough up more money to give freebie to a minorite section society which never voted for BJP.
Sanatani ka saath, pasmanda ka vikaas 😅
Nirmala sitaram worst south indian FM ✅✅
I wish our FM will talk with this clarity and numbers 😂😅
There should be no income tax till 10 lakhs income. Everything is private. House, education, transportation, security, jobs, health, roads toll, inflation. Why pay tax at all.
Sir you mention that IT department has more powers and ‘scares’ the ministers. Now, if we had an FM who was knowledgeable about Finance and Economics in the first place, would we have had this situation? ‘Diversity’ alone is the new ‘qualification’ criteria for recruiting in corporates and governments alike- let’s face it 😊
no chance Nirmala Seetharaman will respond politically with middle class SOPs in budget 24- unless Modi makes a call.
Modi is obsessed with most inefficient and incompetent FM. Nothing expected from them. They have lost it completely. This NDA government won’t survive full term.
DEFINITELY THERE ARE MANY MORE QUALIFIED ECONOMISTS AND EXCELLENT PRACTICAL PERSONS LIKE
MR. M. D. PAI AND PM AND SITARAMAN ESPECIALLY SHOULD CONSULT AND DISCUSS WITH THEM AS SHE IS NOT AT ALL AN ALL ROUNDER EXPERT AND BUT SHE FEELS SO. . I FEEL NOW AS 85 YEAR SUPER SENIOR PAYING A HEAVY INCOME TAX ON MY LOW INTEREST ON MY BANK FDs, WHAT SUBRAMANYAM SWAMI SAID ABOUT SITARAMAN IS CORRECT. SHE NEEDS A SEVERE BETTER TRAINING AND COUNSELING FROM ECONOMIC EXPERTS TO SAVE BJP FROM OUR ANGER AND DISGUST. WE HAD RESPECT FOR HER AND PM SO FAR AND NOT ANYMORE. I AM WRITING THIS VERY SERIOUSLY WITH A BLEEDING HEART.
PLEASE SEND THIS VIDEO TO PMO WITH OUR COMMENTS. THEY ARE TOTALLY UNAWARE OF OUR. MIND SET.
100% true sir. Middle class paying tax and also vote for BJP. We are taken for granted
He is 100% correct, the bureaucrats won’t do anything to help the citizens and the Central Govt keep saying that all agencies are given a free hand that statement itself exposes the irresponsibility of the government.
Wonderful interview. Never seen such an honest speaker before. India needs people like you.
Mr MOHANDAS Pai was always an Honest Man!!
Everywhere we pay taxes. Earning [ays tax Spending pays TAX.. and now even the COST OF INFLATION INDEX GETS OUT? HOW WILL MIDDLE CLASS MAKE MONEY? ONLY AMBANIS WLL MAKE MONEY ?
I paid all the taxes as much I could....
I voted forBJP as many times I could. ..
MODI betrayed usfor those who don't pay taxes nor vote for him
never again
then who . others are bigger thieves.
@@tsss8486 biggest thieves is your paw paw modi only
Tax system has been like this from 60 years. Both wars are increasing inflation .
Baki to aur bhi bada chor hyay. Plus in cong time, everyday blast was there and ghotala pe ghotala, so no option.
Everybody pays taxes. Only 2.25 crores of Indians pay direct income tax. Only those who earn over 60k monthly fall under tax brackets.
All these words fell on deaf's ear of the government.
GST notices, Demand orders are Killing Small businesses. Appeal Process is Pathetic. Interest waiver announced is not justified in cases related to ITC Mismatch. Big Financial Loss for Middle-class Shopkeepers & Home Industries. TAX TERRORIST NIRMALA & MODI
Completely and throughly agree
This issue must be acknowledged.
Absolutely right Mr.Pai..completely agree with your thoughts.
As usual very pertinent points from mohandas pai
Great Debate it's true middle class Is dying .
Service tax of 18/28! Utter madness..
And bridges n airports built are collapsing 😅
Excellent Sir. Nobody wants middle class
Thanks for speaking for the real people of India
Totally with you sir, middle class is feeling completely let down in BJB rule.
Provoking Pai while smiling - 27:42-27:56. Making a BJP supporter like Pai say he was treated by FM officials like shit. 😂 Good job whoever this boy is, blessings. Koi to bola middle class ke liye.
FM is a sad joke. She's the most incompetent person to run this department.
I feel she is fit to sell pickles
Why blame FM? PM is calling all the shots
@@bingoman2023Yes.
To be specific it’s not middle class it’s salaried class … We pay 33% Direct taxes and then pay on annavg of 20% GST … even Medical insurance is charged with GST … Zero benefits
Someone from the corporate who speaks the truth and not just says that everything is great !!
This issue must be acknowledged. FM must look into creative ways
A huge asset to India. Respect to you sir Mohandas 🇮🇳💯❤️💥
Atleast upto 5 lakhs should be tax free, above 5 to 10 lakhs 7% and above 10 to 20 lakhs 10 % and above 20 to one crore 25%.
(87a )-7 lac tak free hain yaar. Ishliye bolte hain jab pata hi nahi to bolte kyu ho
Salaried class is worst impacted or scapegoats of Income tax.
Very well said...government should cut down unnecessary expenditures. Middle class is very angry....they are the main sufferers. Quality of life is suffering, medical and education expenses increasing, corruption increasing....
What a narration with facts n figures iiGreat intellect. This govt shd consult such economists .
My heat is crying finally someone said it. I used to say notebandhi, gst, tax and lockdown ruined out economy and job market but I was always mocked by andhbhakt. Now all peoples are feeling same pain.