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Not sure what is your intention, Akshat. This has always been the case. At least a higher % of our tax money is going for actual development. Else 75-90 would go into the pockets of politicians and such. The tax base is also increasing rapidly. And most of all India is rapidly building up. Can that happen without money?
Ur not middle class boss🥴 middle class annual income generally below 10lakhs, while u earn that amount everyday maybe more , but i do agree tax benefit should be given for ur efforts
The funny thing is that when we take private health insurance government is taxing 18 percent GST on that too while its the duty of the government to take care of people's health . It's absolute tax terrorism happening in India
There are so many poor people in our country, who don't go to doctor. How dare you complain about health insurance? You anti-poor, immoral, spoilt brat !
People are becoming smarter.. But we are in bits and pieces.. We cannot do anything about it.. If 1 vote is against them.. they will buy 10 poor people vote by giving them food and daru for a day or 2. We are a minority.
@@nerisalobo Nah , indirect tax doesn't affect that much as compared to direct tax that is levied on the corporate job earnings . People who are working in corporate jobs come under middle class ( generally ) Most of the people who are poor , are generally the labor class , so no direct tax is levied on their income , because income is already very low , but that depicts that they don't pay much tax , except indirect tax . But they are able to make the full use of government scheme , rather than the middle class guy , who often are not eligible for the scheme . In case of schooling , yes , people of middle class can also opt for that , but the quality of education is just poor , who which middle class guy would want to send their child to such a school ?
@@Shaurya-wy3km Except Delhi government schools which are world class....my question is why middle class vote on the issues of caste and religion... Why are they not demanding good quality education at reasonable price from political parties?
@@MrAnujtherockstar 1- Delhi government schools are not world class. They're the same as anywhere else in India. Except for a few "model schools", Delhi's government education is abysmal, with a high number of three-teacher schools (whole school is taught by three teachers only. I know this because I have been involved in educating underpriviledged children throughout India since the last 5 years). The best model I have seen till date is actually in MP, astonishing growth rate in the quality of education. 2- Middle class doesn't vote on class grounds. Indian middle class is actually small. The figures that we get about the middle class are wrong. The largest influence over electoral mandate lies with the lower class, which you don't even acknowledge. The tribal and BPL population are the ones that change the election results. And yes, they are not really educated. Even in Kerala's 98% literacy model, most of those 98% people could only read and write their name in Malayalam. Except that, they couldn't read anything else, even in Malayalam. A major part of the so-called literate people are of this category, the ones that can only read and write their name in any language. Here, Odisha and MP do well as they only consider a person literate when he/she has passed matriculation. Apart from this, Manipur and Meghalaya also do quite well with their literacy rate, although their test for literacy is to see how many people can fill up forms. Most of the lower class are intentionally kept uneducated, so that they can be brainwashed. It is a real thing. Every political party does this. They give them freebies, so that they don't have to get educated. One of my standout memories is a meeting with Manish Sisodia, in which I asked him what KPIs and metrics does he use to monitor efficiency in his schools. He said "wosab kuch nahi hota, kabhi kabhi hum surprise check karte hain, usime log chokanne ho jaate hain ki sahab kabhi bhi aa sakte hain." When our politicians have this attitude, what can we expect from the country? Just for reference, we collected a database of the marks scored in the last exam in 10 schools in Delhi. The average percentage was 41%.
I am an Indian who works in a Swedish company. They get many more benefits aside from health, education etc. 1. They get 50% subsidy from govt for "ROT and RUT work" (cleaning, moving, repair etc) 2. If you are sick for a long time and can't go to your work, the govt will pay you 80% of your salary 3. You can take leaves if your child is sick (VAB) and the govt pays your salary for that day These are just a few. People there get so many benefits which are unimaginable to us Indians.
@@henrystevens3993 I live in India and work remotely. So I pay my tax to the Indian Government as well. When you start paying 10+ lacks of tax you will also start cribbing about "your" country
@@SafavidAfsharid3197 so you think they earn that much for without doing anything?? It's their hard work. And i think if there's a problem u should talk about it and stop being andhbhakt of govt
Ghanta truth when we compare Germany recession me hai india nhi he is like a developed country can't be compared with developing country now what he has done here he is manipulator u f**l
@@aniketmane6232 if this was the case, we would have been an Islamic country way before the British came to India. Please respect people like maharana pratap, shivaji
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This video summarizes my everyday feelings and frustration with this country and govt in 20 mins. Really fed up of paying taxes. Every time I drive on the "roads", look at our "infra", "healthcare", or "babugiri" when purchasing property and endless more scenarios I just hope all these politicians (and their families) who pocket tax payers money have a very horrible life and don't even get to die in peace.
the best thing to do is shift abroad,fuck these taxes,we are the minortiy clowns who pay taxes and feed the freebies and their 10 children,you know 80 crore people which is more than half of indias population gets free ration,guess who pays for it?us tax payers(and we are only 8% people)so if you are educated and smart,look for a job abroad and move there
I can confirm this is true. I live in Europe and the protection we get is worth the tax. 1. Free education: Any citizen or someone with PR can get free education of the highest quality. 2. Unemployment benefits: If you loose your job, the government would cover some benefits for a reasonable length of time. Now you can argue, the government of India also gives unemployed wages but that is like 500 Rs which is practical useless for most people. 3. HealthCare: You can get the highest level of healthcare without any heavy medical expenses.
@rishav Better lifestyle, more money, better services and less BS. Also effective taxation is lesser in US than India for my salary. @Raj Kumar - Not threatening bro. It's a decision I've already made. :) I will come back to India though in a few years when I have the experiences I'm looking for and have saved enough to fund for any of my needs.
They are busy with culture awareness ! You might have listened the news, NCRT courses were updates by removing mughal topics and so on, these is what they are busy with.
@@kunalsaha9526 History is being rewritten to suit the votebank politics. The irony being that "to be in power is a direct function of illiteracy and impoverishment plus the religious angle".
Oh, i have faced this first hand. My mother fell from roof and broke her spinal cord. We called ambulance (upgovt) and they took us to the district hospital. Hospital gave her some preliminary treatment and then said that she is fine please take her home. We requested for a physician to come and check, they told me physician is out He will take 1 hour to get back.(meanwhile Mum is crying in pain with trauma in head). After 1 hour we checked we got to know that physician is out and will come after 5 hours. Then we decided to discharge her and take her to pvt hospital. District hospital refused to give discharge slip and started creating rukus. We just took her out and took her to pvt hospital which told us that she has broke her spinal cord and will die if not treated. We took her to govt hospital in lko. There was no one in the hospital that could help us and we end up wasting 2 hours there. Finally after 10 hours we took her to apollo where she recieved proper treatment.😢
@@GIGADEV690it is not wrong to expect the government to provide the right facilities when you pay such huge amounts in taxes. It is wrong for the government to not provide even basic needs in an efficient manner.
Its time our citizens mainly the middle-class start thing economics first than politics - It will help us all in the long run! Thanks, Akshat for bringing these sorts of essential discussions to the fore.
Unpopular opinion: As shareholders vote for whatever decision a company takes, similar taxpayers should be allowed to vote for whatever expenses the government decides to spend on from their money.
Only those who file income taxes regularly and honestly should be allowed to vote. Universal suffrage is a fatal flaw of democracy. It should be more of a qualified suffrage: no crime/time served as per crime, taxes filed and not on welfare for more than 6 months. Seriously 😑😑
Really frustrated after doing job for 5 years like mule and getting nothing not even adequate increments. Life is stagnant in india, govts. are not bothered and every subsidy which are supposed to be provided by government either dubbed as revdi or badly implemented. Now i am considering to leave this country and go somewhere where at least my future and family would feel safe socially and economically. Thank you brother for enlightening me you came as blessing in disguise to me. If anyone knows informative channel for Pursuing HIGHER EDUCATION Plz recommend.
No country will grow more than 8% except India. Even if u dump money in stocks and save taxes on salary with proper plan, you can turn wealthy enough to have a decent life. If u wanna own buggati then that's a different ball game
Unfortunately in India 99% of people are highly biased. They are either stuck with a particular party and does not ask counter questions when any of them come to power as how they are using the tax payer's money and what is being delivered to the common man. Most of them are also very emotive particularly on religious lines and this is where some political parties take undue advantage and do emotional black mail to such people.
without religion, you will end up like lebanon, Iran, Afghanistan........be mindful of that. read some history brother. money will come and go, lost land wont come back
Absolutely true. Its in every fiedl actually. From party to cinema,everything. We get brainwahsed so damn easily. We forget that our votes hv sent them there,not the other way round. Its we who shud hv the ppwer,bt sadly we r just sidekicks. Sad. Plus the joke of the media circus.
As someone living in Sweden, the big difference here is that people trust their government. People follow rules and condemn those who don't. There is a socialist structure in society which ofc has its pros and cons. There's a good quality of life with high taxes and you dont save a lot of money in the end. As long as there is no mutual trust between the government and its citizens it will remain toxic
@@msdolly6101981congressi, liberandu, aaptard , communist. 100 people will call you 100 different names. Even if that guy voted for the BJP and is trying to criticize some things. People also don't know the difference between how the right wing works in US vs here. I feel so many of traits in trend because of UA-cam's algorithm.
@Lalith Kumar partly I feel it is right.our previous generation gave this congress 70 years to screw the nation at that time no one pointed out. When nehru lost 1962 and 1948 . Idiots still voted for congress . Now in just 10 years of this govt every one is now pointing out . Does modi have magic wand? Though I agree middle class is taxed a lot.
Thank you for speaking out and spittin facts. You are the voice of the sensible INDIAN trying to make a difference in a country filled with hypocrisy. More Power to you brother !!
@@Harsh-rf9k right. But I assume system was made to collect taxes from eligible taxpayers and provide services in return to ALL. Now the problem is, who is getting services? Top 20% who is paying for it? Lower classes? I think no-one.
@@Harsh-rf9k comeon i mean they are not upto the mark of what we pay. I visited some govt school for some exam few months ago and it was like old age haveli with broken benches.
100% agree, gov should do something about increasing the number of taxpayers rather than increasing tax infinitely otherwise soon we will be needing to take debt to pay taxes
20-30% is income tax rest is Indirect tax on each item we purchase or service we use These.are.not taxes but government's OPEN-LOOT Bina facilities ke itna tax to kisi bhi Developed countries tak mein nhi lagta hai Even savings are TAXED to make politicians RICH & public POOR.
@@raghavsridhar well that's is wrong...govt. is tightening its grip on people with digitisation.... Millions had been added solely because of demonetisation... More and more strict policiy are being made to get out more tax from people.... Which the best skill set of democratic govts. All around the world
@@raghavsridhar you should also leave then!! It's simple go live your good life in Western country who is stopping you!! Nri make more investment in India than Indian living in India!!
@@iotasymbol8498 because NRIs won't have to live here. They simply invest in stock market and their money get increase substantially (which won't happen in European countries). And as inflation remains mostly low there, they get really benefitted. And I'm giving another answer beforehand, Yes, I'm converting my money into dollar and other currency for some time. And I'll leave India as soon as I accumulate enough money (only a few years to go). and then I'll do the same as mentioned above by me.
One of the main reasons why I live in the US is getting the value of the tax I pay to the government. Really good public schools for free. Infrasctructure is insane. Last time I was in Ranchi(hometown), electricity was gone for upto a day sometimes. I live in a small city in US too and I have never had any electricity issue. Drinking clean water from any tap, is huge for me. The air quality is super awesome. All these things are great for all the taxes I pay, so it is hard to think of going back. I think the biggest BS is, "don't ask what the country does for you, ask what you can do for your country". I am already working all day to take care of my family and paying taxes. Why should I not ask what the govt is going to return to me based on the taxes I pay? No one's work is less than another.
Irony 10% is average grocery shopkeeper earning on selling products which are TAXED @18%. Goods tax should be 5%, non daily usage @18% , luxury like diamond @45%, super luxury @90%. Income slab should be till 7lakh completely no tax , above 7lac -12lac 5%, 12-17lac 10%, 17-22lac, 20%, then similarly 30% n 35% tax WITHOUT any CESS/SURCHARGE
Bhai when you do that then GST collection on many products which comes under 18% and abovs wud be low i am small scale businessman i pay various range if GST in various products 5% 12% 18% the price is ultimately pay by consumers and if govt decide to decrease the GST rate for few categories then to make up they wud bring new taxes or increase tax rate in other categories
You are 100% right about absence of Tax on Agricultural income in India -- Most politicians own large tracts of land often Benami and will not allow such Tax bills to be passed. This is i think single biggest Anomaly which is coming in the way of Development in India!
Dont worry bro if agriculture income is ever to be taxed it will come with tax bases too like normal income theyll focus only on the rich farmers, and also sadly it wont happen for decades to come casuse obviously we know half of the population is in agriculture theyll think of it as an attack on them, and the party ruling will loose power in the next election! No one will dare pass such a bill even if they are not corrupt lol
I totally agree with you but I have a question because of some politicians you want charge tax on agriculture ok as a son of farmer we will pay taxes but when we got maximum times losses then we got some subsidy.
I feel you bro😔. I'm also paying 30% income tax 6 lakhs from my salary but I don't see any benefits from the government😠. The rich and the poor get all the subsidies and schemes but we middle class people are left behind😢. It's not fair that we work hard and pay our taxes but others don't😡. I wish there was some way to change this system😞.
Means you literally earn 20 lakh annually and calling yourself middle class , what a joke , you literally come in top 1 percent earners of the country , who are not paying their due share
@@ujjwalkumar1624 If his Parents, housewife and children are dependent on his income and he is the only one earning money then he comes under middle class family
I have dropped out my son to Open schooling via NIOS. I belong to upper middle class and can easily afford the high fees but i want to standup against this loot from private schools... And ... My son is happier and doing quite well.
Please share your experience. As the fees and compulsory expenses like books and uniforms are getting just too much. I have 2 kids and it is getting tougher.
@@aravindbachu5502 I can help you. I did my 10th from NIOS in 2016 so I have basic knowledge about it. It is same like CBSE and State Board. But exams are conducted annually and no mid term exams. i.e; in March or April along with CBSE exams and you can select your own subjects. There is no such binding that we see in schools that certain fixed subject needs to be selected. For instance I didn't took Maths in 10th and took Home Science instead. So I completed 10th without Maths. For some subjects like computer, home science or art, practical exams are conducted so we have visit the exam centre where practical exams are happening. And practical plays important role. After my 10th from NIOS is switched back to GSEB (Gujarat State Board) as my parents preferred sending me to school. But some of my friends completed their 12th from NIOS. Fees (during my term) was 1200 which includes exam fees and study material. Maybe now it's increased. Only negative side about this course is social life, As both my parents are working so, no one was there to take care and for interaction. And in some cases tuition. Not everyone provide tutoring for NIOS but now there are some UA-cam channels and apps like Byjus to take care of that. But during my term there weren't any.
@@aardappeleten7701 southern 😂😂bro Maharastra pays more taxes than idli shambar states if we pay 100 rupees in taxes we get only 7 rupees back still not crying like you.
@@GIGADEV690South means all those states that get nothing in return. Maharashtra might be paying more because of better economy of the state. You should look at what one is getting in return for a ruppee given as a tax. None of the South states ever get any benifit.
Brilliantly put together. This is like the summary of things which have been on my mind over the last few years since I've entered the tax paying section.
bro, every words is true, we are with you to aware middle class. It doesn't mean I am against freebies given to poor people but those freebies should be necessity. and govt should have to do something to eradicate corruption or atleast try to reduce it and should reduce the unnecessary benefits which is given to MLA/MP. and also should stop using public money in unnecessary advertising for PM Modi.
This video felt like it came directly from your heart. I actually resonate with you on this one and you pointed out some of the most critical and sensible items to think about. Keep making such content and we will keep sharing this knowledge to bhakts
A lot of valid points have been mentioned in the video. But there are some things to take note of as well. Consider two families, A and B. A has 8 members, including one earning member who is working in a small firm. On the other hand, B has 4 members including three earning members, each working in an MNC. Now, its a no-brainer that the quality of life of individual members of family B (kind of the returns they get to the financial contribution to the household) will be better. Family B would be able to live in a better and larger house, would be able to eat in restaurants more often and would be able to go on vacations in foreign countries. Such activities are very rare or nearly impossible for Family A. The comparison of India and Sweden is akin to comparing the lifestyles of A and B. Sweden has a population comparable to some Indian cities, which is not mired in abject poverty today. Sweden doesn't need to build highways or toilets or schools or provide piped water to a massive population. Sweden has a large middle-aged population, who earn well and contribute immensely in taxes. As a result, they get better returns. On the other hand, India has few people who are earning well enough to be taxed, and a massive population which needs to be supported from it. Obviously, people working on daily-wage or in low wage industries cannot be taxed. Unlike Sweden, India also has a large informal sector, which poses further challenges. How would one calculate the exact taxes to be levied on a person selling pani-puries or tea, since their income fluctuates daily? It is also difficult to administer taxes for agriculture incomes, because it fluctuates on yearly produce. A farmer growing tomatoes may experience bumper crop in one year and crop failure in another, if he shifts to growing onions his income would be entirely different. How would one calculate the taxes the farmer needs to pay? The only way of increasing tax benefits would be to increase the tax base and reduce taxes in the long run, which can be done by: 1) Shifting of people from agriculture to service and manufacturing sectors - which is ongoing. 2) Increasing formalization of the economy - this is ongoing and has picked up pace since the Covid-19 pandemic. 3) Increasing incomes and the population of middle class - which is happening slowly due to a consistently growing economy. 4) Reducing population growth - our population has started to stabilize. Looking at the trends, in the long run taxpayers would definitely get better returns for the taxes they pay. Rather than the returns today, we taxpayers should be patient, ensuring that these trends continue, and also ensure that politicians do not recklessly spend tax revenue on useless freebies.
Everyone pays indirect taxes. That depends on the individual's consumption pattern. But only 8% have to pay direct taxes without zero return. If everyone pays 100 rs indirect taxes then everyone's burden is same. But 8 out of 100 pays more.
@@Stories_and_more_1991 There is an other side for this too.. The 8% is the one which uses high infra like Airport... land given for IT parks... subsidies given to the MNC companies they work etc... Actually the most money given free goes to corporate the welfare schemes for people are very very less compared to that.. in tat case the 8% is also reaping benefits in form of jobs they get from the same MNCs who are here only because govt is giving them freebies..
Perfect no-nonsense and rational explaination of how govt. is screwing the middle class, thank you Akshat for creating such informative videos, learning so much.
Charity is something we give what we have extra to help others and get satisfaction but here it is nothing related to charity. The right word is systemic theft renamed as collecting taxes.
@@iamnothing85 Couldn't have said it better. And this is why we are seeing so many people leaving the country and they are mostly the ones who can actually take this nation forward.
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
Education, medical, housing expenses have skyrocketed but salary increases have barely crawled. Taxes have also increased in an absurd matter. You are absolutely right the middle class has been the worst sufferer and the government gives nothing in return only more taxes like surcharges
First of all a big salute to you for picking up this topic and being so candid about the taxation regimes and how its being played down on people. It takes not only deep research and knowledge, but one also need spine and motivation to come up with truthful and thought provoking videos like this.
Dear Akshat, I haven't watched the video yet, commenting for the title of the video, I am a general category engineer male, I pay taxes and get nothing in return, I am doing charity and not just that others get benefitted, people like me are put down again by the reservation people and the government, what else can we do in India? Not paying taxes is a crime, so if job is avoided to pay taxes, need money for daily expenses and society doesn't value you, what else is the option? Born as a general category male is a punishment in India
Our monthly grocery bill went from 2500 to 4900 with only basic items due to rise in inflation, with this insane amount of taxation, ideal thing to do in our country would be in most of the cases to tackle inflation, would be to try starting a small business based on individual interest, it doesn't matter how small it is or how crazy much your're business idea is, just start working on it, thing to remember is india is land to do great business
@@pillalamI totally agree buddy, I have changed my perspective as well after a while again and after some research, about how things work out in india and how to cope up with it
Issues of the middle class being raised by a HNI 😅. Middle class are the dumbest. Anyways, Akshat is obviously correct about all his points. Atleast he is trying to wake these dumbest people up to reality. 😊
Hi Akshat, Wonderful video and content. As a salaried middle class citizen, I want to unite, spread awareness and make this country a better place atleast for my kids... But, I don't understand the next step after uniting and spreading awareness. How can we make the government change their strategy as a community?
I came across a Quora post a year ago who said their family combined was paying around Rs 4 lakhs per month. On their way to office, they get stuck in traffic often and how it is so frustrating considering they contribute a lot to the government through tax. He said they even contemplate going abroad at times
I have already left India two years back. I was earning 2L/month post tax. I used to pay 60k tax every month! Even after earning that much I used to get stuck in traffic, get muddy water at home and broken roads outside home and office. I was living in blr, now I live in London.
@@SanAntonioDean I have lived in London for a few years, and the impact of Brexit hit them pretty hard, pushing it further down. London roads are way dirtier than roads in major cities of India. London has outdated infrastructure; water, piping, toilets, elevators, and walls break frequently. Almost every house is infested with rats in London; people don't clean after their dogs and urinate (humans and dogs) right in front of the houses, even in ultra-wealthy neighborhoods like Kensington. The cost of living in London and taxes are much higher for corporate employees, and they have high VAT. Apartments are very, very tiny. National health services are underfunded; they don't even have paper gowns for their patients and discharge patients on the same day of surgery to recover at home. London's underground system and its trains are ancient as well. In the summer, people suffocate in those tunnels without air conditioners or fresh air. Can you comment on specific reasons that made you think London is better than Banglore or other major cities of India? And which part of London do you live in?
I really am glad that finally someone is trying to understand people how basic economy works and the point of getting united is such an issue that needs to be addressed if we want to build a better nation for us and our future generations. I have been working for 8+ years in India and paying taxes. Now after moving to the UAE I can say that the difference is huge, here there are no taxes on our salary and I get to choose how I spent save or invest + being an NRI you don't have to pay any taxes in India. But I would love nothing else than moving back home, I just wish our government does something for the people who work hard and are trying hard to build their lives.
Nope he does not understand anything. He give morning arguments like "Why don't we keep building monuments, if monuments increase tourism income", "Why don't spend money on periphery infra" (The FK, periphery of what?). The worst part is, there is people like you who get appeased by moronic BS & end up forcing the govs to put efforts on things that are not issues at all.
Despite all their differences, political parties are united not to reveal their income sources. Our money is used to grow their respective political parties.
Thank you so much Akshat for bringing this up. Here is my personal perspective and firsthand experience on the matter. 1. Despite earning over 30 lacs per annum, middle-class individuals in metro cities struggle with the rising cost of living. 2. Limited access to affordable housing hinders middle-class individuals from purchasing their own homes, even with a higher income. 3. Higher tax burdens impact the disposable income of those earning above 30 lacs per annum in the middle class. 4. Challenging loan requirements make it difficult for middle-class individuals to finance significant expenses like buying a car or pursuing higher education. 5. Financial instability and uncertainty persist for middle-class individuals, hindering their ability to achieve long-term goals and financial independence.
30 lakhs fixed income or 30 lakhs package? If 30 lakhs is fixed, please explain how are they struggling? It's more than 2 lakhs per month, you can live an above average life style in metrocity.
Earning 30 lacs per year is not middle class. You are in the top 20% of Indians. It’s just you can’t manage finances. My mom can thrive with 30 lacs salary, she knows how to manage finances.
Completely agree with all the points raised in the video. I have been paying income tax for the last 15 years, part of the high tax bracket today but still paying a premium for my term plan, health plan, school fee, and high GST. Ministers used to travel by ambassador car 10 years back and now they are eligible for luxury SUVs. Apart from spending at the statue in Gujarat, crores of rupees have been spent on the new parliament building. When companies are moving to digital platforms and conference facilities we are spending on buildings.
I had stayed in Sweden medical and education is virtually free... Even if u dnt send your child to local school and opt for international schools the fees is very nominal.. In India taxation is crazy
what is Sweden? Population size is less Than Delhi. We are talking about Bharat here. It’s a far more complex that this comparison. We are a very diverse, cultured and emotional people.
@@deepakleekha1782 Why always bring in culture ?? so SWEDEN people don't have culture ?? This is a inferiority complex of Indians as they have zero achievements in the recent past so use CULTURE as a shield against countries who have contributed in fields of science from which even indians got benefited..
The grass is always greener on the other side of the fence. Been staying in Sweden for a while now, I can say Education is free, but cannot be compared with Indian education. - It starts slow, but smart. - There is no grading based on memory test. Grading is based on reasoning, logical and analytical power right from early stages - May be good or bad, one might not be able to withstand the competition outside. Medical facilities: - Yes, it is free. But 80% of the day-to-day medical incidents are left to heal naturally. Its normal for someone in Sweden to be sick for a week and still don't visit any doctor/hospital. No medicine if it is not a life-threatening issue. Pension (one topic which was not covered in the video) - Average retirement age is 68 (gets revised often) - 30% (approx) of the taxes paid were saved towards Pension. - More or less after retirement, one draws a decent pension for a decent livelihood
Akshat I have become a real fan of yours. The way you address the real issues of middle class and lower class income group families is really commendable. We are fortunate that we have someone in this community who is really bringing the pain and not talked about much issues in this forums. We are crazy about investing so much money in our entertainments, that we sometimes do not think how we are indirectly supporting this Imparity in the society, be it investing crazy money in buying tickets for IPL, or putting money in OTT or even investing in watching movies in halls. There is a provision in Tax returns, where if we invest certain amount of money in political parties, then we can avail concession for it. This is itself promoting corruption and that too in legal form. There is no doubt why people who get chance to leave the citizenship of India , are doing so and taking citizenship of other countries.
20-30% is income tax rest is Indirect tax on each item we purchase or service we use These.are.not taxes but government's OPEN-LOOT Bina facilities ke itna tax to kisi bhi Developed countries tak mein nhi lagta hai Even savings are TAXED to make politicians RICH & public POOR.
@@vickyAlways bro you are living in fools paradise compare taxes to Canada or UK you will get to know how much tax they are paying.😂😂😂 In Canada only tax on breathing is exempted😂😂
@@Nitish.Singhal what about benefits and facilities. Benefits are like an alien term for us indians. Everyone in india has just accepted that ok this much amount of money shall go from my salary(nobody knows exactly for what). In this country we will always live to uplift the poor. Some dont have big desires so its cool for them but for the guys who want to make it big by doing jobs india isnt the country.
I was working for a while in Sweden. Top class education that is free even for expats in English medium(if we are not able to manage swedish). Medical as well. Transportation card was cheaper than what I incur in India. Feeling gutted to be back in India(From Tax terrorism perspective)
Me and my sibling, both pay 30% income tax. In return we don't have roads, no water connection. The electricity bill is high due to the highest unit cost, that too is not reliable. We face heavy load shedding. No healthcare, no GST waive off like businesses. And I'm living in a tier 1 city. We, the middle class people really need to start a revolution and get the burden lessened. You might light a spark, I hope
In Singapore 5%to 10% tax. School fees for foreigners are high… understandable. In Ireland, tax is high as India 35%, but School fee and Health are totally FREE…
Thanks Akshat..all you said is extremely true..people of India should take seriously this issue and aware how we are cheated from the beginning to till date..thanks for fruitful content as always...
Okay as a CA guy, I believed GST was a good move, considering the past VAT Sevice tax regimes the whole scenario was a mess. No one can blame any central govt specifically per say. Cause all the state governments were taking their share out of the Indirect taxes. GST atleast has put a leash from misuse of funds like it used to be with a unified department more control & transperancy over the funds. You cant expect decades of misuse of funds to be corrected straight away in a decade. Mistrust between the govt and people, people evading direct taxes, government was forced into indirect tax regime for revenue, freebies from govt is still a dark area which political parties win, but who bears the brunt? and also before blaming government we have to see all this corruption in part is from the government employees themselves, who are part of the society itself!! Its easy to blame politicians as different from us, but they grew out of this society we live in. I believe we all bear some responsibility for the mess we are in now!
New parliament is another example . It is just about showoff and not about doing anything practical. but criticizing gov is nowadays is also considered as being anti-national
You don't have to be so defensive. We understand what you are trying to say and anyone with brains will completely agree with you. You just say facts. i love india, we love india but we must criticise our nation as well when they don't do the right things. Free speech and rational thinking is necessary in any society.
Don't conflate criticism of the government and its policies with criticism of the nation. That's what duplicitous politicians do, and are doing, to escape accountability on their part. This country existed way before them and will exist way beyond them. The citizen's loyalty and affection should be for the country and not for it's government necessarily. Where you can criticise the people is the unwillingness to keep the crony politicians accountable. They behave like they're rulers of the people rather than their representatives and it's because people let them. The day this culture changes the political class will fall in line. But unfortunately in the case of India this might be wishful thinking and is unlikely to happen in our lifetime.
I was one of your haters, but the quality of you video and the details that you talk with has made me keep my ego aside and start loving your content, liked, subscribed and pressed the bell icon
I hope this video will make people alert and take some action, and the government must ask everyone to pay taxes, not just the salaried people. Please share and make it viral.🙏
None of the government has the will or the spine to do it. The more the reservation and freebies the more lazy the population is generated and thus the vote bank.
Completely agree with your points you made. This type tax system making irresponsible people more lazy and responsible people are made burdensome which ultimately lost interest in many things. When it comes to any other class everyone start shouted even if a small amount their rights are abridged but not sure why all middle class people are not coming together...we dont even get a reservation in IRCTC tickets even if you are paying 30% of income as tax...forget about giving us benefit we are not even priorities anywhere . I think its high to take any action rather than just talking.
No one is lazy mate. Those who earn learn are good people too. Back breaking labour for 10 12 hours isn't something lazy. Try doing the same in 40+ temperature instead of getting stuck in traffic 😊
The government and entire system shakes up and comes into action when a foreign media writes or speaks about it. For example - Hindenburg report. Everyone in India already knew about Adani Group however nothing happened. The moment Hindenburg report came out, the entire world was looking at it. I just hope that someone from outside India looks at these facts and presents them in a way that really make impact. Else, there are thousand such videos\blogs that already iterate the same thoughts. Hit Like if you Agree!
Major part of budget is going for SC/ST welfare rather than health and education in all states of India. PS- The budget for SC/ST welfare dept is thrice the budget of health, twice the budget of education and almost 2.5 times the budget of agriculture in my state Odisha. In Telengana the amount sanctioned to a single scheme (Dalit Bandhu Scheme) is almost equal to the total budget of Odisha 😢.
@@randomnyss2011 Govt gives 1 crore for some useless foreign degree, 1 crore to study in private medical college, 15 lakh to start some business for specific category of people. All these money are directly going to their bank accounts. No chance of middle men there. It is impossible to give such too high freebies to such a large number of people and that drains the budget.
Yesterday only I was thinking, that we have to give income tax on our income earned, if we try to spend it by buying things we need to pay gst, if we buy house from the savings(income earned after giving tax) then still stamp duty, if we buy car then road tax toll tax gst etc, if we invest that in stock market or somewhere else then capital gain tax. The culture here is very toxic.
People who help in reducing Indian population should get tax benifits, Government schemes benifits,reservation and people who are increasing Indian population should punished with highest taxes,no Government schemes,no subsidies, no voting right.
A particular section of the population are proliferating like pigs, what to do? The percentage of tax payers in India is too low. Any suggestion for increasing the size of tax net and the Opposition will gang up. At least, we have a Central Govt where the maximum number of ministers are with clean hands.
Population ratio is skewed towards North India. The south have done enough to limit their population and in return, they'll be getting less seats in the parliament after the delimitation exercise of 2026
Im gonna get heat for this one , but when arvind kejriwal & his party is implementing the same sweden model and providing free education, healthcare, water & electricity(only for 200 units ) and still Delhi government is in profit andhbhakts are criticizing him and lashing him for giving freebies and some will call this "revdi culture" 🤦🏻♂️🤷🏻♂️
@@nilnil12345 definitely, but in world where our tax money is used for private jets of politicians , their international trips , their pensions , It's better that out money comes to some class of society back.. In politics it's never about good vs bad , it's about bad vs lesser bad , better to choose educated ones so that they implement some sensible things
@@ajinkyadhotre3502 aah ! What kind of educated one those who renovate their bungalows with 45crores pls do keep that Educated tag to yourselves... We need infra, PLI like schemes , digital markets etc. I understand that what you mentioned is true but I'm sorry we're not the Scandinavian or Balkan countries our borders ,our oceans r under constant threats of two nuclear giants and jihadist organisations so in a country like this survival is difficult but u ought to.
Education n health is alway free In govt institution Dont put dumb comments Just like kejri took credit for GGIPU CAMPUS WHAT WAS LAID N PAID BY CENTER
According to the New Tax Regime, deductions under 80c are not available, the government will eventually scrap the old tax regime and we'll be left with nothing to claim and still pay insurance premiums that we've already committed to, it's going to get harder in the future
Excellent insights!! This is the grave reality.. Even when we are aware of this, is there hardly much which can be done to combat the tax and real inflation pressure which has hit specially the middle class??
20-30% is income tax rest is Indirect tax on each item we purchase or service we use These.are.not taxes but government's OPEN-LOOT Bina facilities ke itna tax to kisi bhi Developed countries tak mein nhi lagta hai Even savings are TAXED to make politicians RICH & public POOR.
The problem is how can we get united, what can we do so that govt has to listen to tax paying citizens. Govt currently treats us like heard they literally got us by the balls. We are so involved in our busy lives that we dont get time to protests about these things. We have just accepted this reality. We need more awareness. We need to create a Rage against taxation. Its because of us the govt is, we all should remind them that. Othewise they will keep looting us. #taxationistheft #rageagainsttaxation #stoptaxation
@@millennialmind9507 That was not a social media active era . We have a party which came to power blaming old party, promising better governance. . In olden party days , education was not that costly. Life was much better. There was no control of government on Media . No direct MLA buying and prime minister used to answer media questions . This government is fooling middle class . They use religion card to hide it's mismanagement .
Thank you Shrivastava for making such videos. My family and I support the govt. But the problem is that whenever I oppose how the taxations, they still don't agree! Take for example the 20% TCS. It's nuts!! to even accept the fact that we have to pay 20% TCS if we travel abroad from our own taxed money! I pay Income tax, get salary TDS deduction, then indirect taxes that too upto 28%. And now hold the 20% TCS.(I know it can be claimed in ITR) but absolutely blocks our cash flows. What are they even thinking??
In this case what is also important is to consider- 1) India's population with Sweden 2) No of people in India actually pay tax compared to Sweden 3) Poverty ratio in India compared to Sweden
Why should we pay tax if their is no return from government, why should we work for others who getting government benefits. In India salaried persons need to work for government.
Middle class tax payers keep doing thankless job. Rich farmers will enjoy free taxes shamelessly. Over Glorification of farmers in India has hurt us badly
Are you mad? No tax for farmers gives you food at a cheap rate. What will happen if you tax farmers heavily. They will increase the food price and you pay more. Let's say 1kg onion for 100rs
No farmer is getting right amount for their product, they can't even fix price for their products. Only middle man is enjoying. But, the politicians who owns large amount of agricultural land and making profits can be taxed, why shouldn't?
Uneducated people in this comment thread got hurt , looks like they can't differentiate between Rich, Parali burning farmers of Haryana and Poonjab and the poor kisaan of Bihar or Maharashtra
I agree. Poor middle class is bearing entire load for India taxes. Whatever we earn a big chunk goes to government. With recent changes how vocal people are getting on social media about these taxes, I'm very optimist that one day someone will definitely help us and we can stop pressuring a small group ending up paying taxes and gets nothing in return. Time to revolt against this tax terrorism prevailing at present in India. Let's unite and let government hear our plight.
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Taxation is a theft
Not sure what is your intention, Akshat. This has always been the case. At least a higher % of our tax money is going for actual development. Else 75-90 would go into the pockets of politicians and such. The tax base is also increasing rapidly. And most of all India is rapidly building up. Can that happen without money?
May I know why u blurred out the Channel Name on the Golden Play Button hanging on your wall?😅😅😅😅🤔🤔🤔🤔
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Ur not middle class boss🥴 middle class annual income generally below 10lakhs, while u earn that amount everyday maybe more , but i do agree tax benefit should be given for ur efforts
The funny thing is that when we take private health insurance government is taxing 18 percent GST on that too while its the duty of the government to take care of people's health . It's absolute tax terrorism happening in India
Its a cruel joke on us!
There are so many poor people in our country, who don't go to doctor. How dare you complain about health insurance? You anti-poor, immoral, spoilt brat !
People are becoming smarter..
But we are in bits and pieces..
We cannot do anything about it..
If 1 vote is against them.. they will buy 10 poor people vote by giving them food and daru for a day or 2.
We are a minority.
👍
Only socialist system helthcare is gov responsibility not in capatilism and any socialist healthcare system is bad anyway..
People who don't pay taxes, get things for free. Those who actually pay taxes, end up paying more. That's the real problem !
Everyone is paying taxes, Indirect tax affects everyone especially the poor
@@nerisalobo Nah , indirect tax doesn't affect that much as compared to direct tax that is levied on the corporate job earnings . People who are working in corporate jobs come under middle class ( generally )
Most of the people who are poor , are generally the labor class , so no direct tax is levied on their income , because income is already very low , but that depicts that they don't pay much tax , except indirect tax .
But they are able to make the full use of government scheme , rather than the middle class guy , who often are not eligible for the scheme . In case of schooling , yes , people of middle class can also opt for that , but the quality of education is just poor , who which middle class guy would want to send their child to such a school ?
@@Shaurya-wy3km Except Delhi government schools which are world class....my question is why middle class vote on the issues of caste and religion... Why are they not demanding good quality education at reasonable price from political parties?
@@nerisaloboif every one paying tax then employess also there in everyone right.why extra taxes for employess.
@@MrAnujtherockstar 1- Delhi government schools are not world class. They're the same as anywhere else in India. Except for a few "model schools", Delhi's government education is abysmal, with a high number of three-teacher schools (whole school is taught by three teachers only. I know this because I have been involved in educating underpriviledged children throughout India since the last 5 years). The best model I have seen till date is actually in MP, astonishing growth rate in the quality of education.
2- Middle class doesn't vote on class grounds. Indian middle class is actually small. The figures that we get about the middle class are wrong. The largest influence over electoral mandate lies with the lower class, which you don't even acknowledge. The tribal and BPL population are the ones that change the election results. And yes, they are not really educated. Even in Kerala's 98% literacy model, most of those 98% people could only read and write their name in Malayalam. Except that, they couldn't read anything else, even in Malayalam. A major part of the so-called literate people are of this category, the ones that can only read and write their name in any language. Here, Odisha and MP do well as they only consider a person literate when he/she has passed matriculation. Apart from this, Manipur and Meghalaya also do quite well with their literacy rate, although their test for literacy is to see how many people can fill up forms.
Most of the lower class are intentionally kept uneducated, so that they can be brainwashed. It is a real thing. Every political party does this. They give them freebies, so that they don't have to get educated. One of my standout memories is a meeting with Manish Sisodia, in which I asked him what KPIs and metrics does he use to monitor efficiency in his schools. He said "wosab kuch nahi hota, kabhi kabhi hum surprise check karte hain, usime log chokanne ho jaate hain ki sahab kabhi bhi aa sakte hain." When our politicians have this attitude, what can we expect from the country?
Just for reference, we collected a database of the marks scored in the last exam in 10 schools in Delhi. The average percentage was 41%.
I am an Indian who works in a Swedish company. They get many more benefits aside from health, education etc.
1. They get 50% subsidy from govt for "ROT and RUT work" (cleaning, moving, repair etc)
2. If you are sick for a long time and can't go to your work, the govt will pay you 80% of your salary
3. You can take leaves if your child is sick (VAB) and the govt pays your salary for that day
These are just a few. People there get so many benefits which are unimaginable to us Indians.
Then stay there and stop cribbing about my country
@@henrystevens3993 I live in India and work remotely. So I pay my tax to the Indian Government as well. When you start paying 10+ lacks of tax you will also start cribbing about "your" country
@@henrystevens3993 Regressive, no wonder India lags behind with people like you as her citizens
@@royz_1snakes should move out of here. Snakes earn crores but complain about paying taxes while people die in road side.
@@SafavidAfsharid3197 so you think they earn that much for without doing anything?? It's their hard work. And i think if there's a problem u should talk about it and stop being andhbhakt of govt
500 languages in this world but this man chose to speak the language of truth :)
You are anti national.
I hope he continues
Nice comment
Including programming languages?
Ghanta truth when we compare Germany recession me hai india nhi he is like a developed country can't be compared with developing country now what he has done here he is manipulator u f**l
🤪We dont protest. We flee the country
that should be the motto, better leave than cry
yes coz we never had a past where we came together and protested against something, people learn from their pasts and pasts shape future.
@@aniketmane6232 if this was the case, we would have been an Islamic country way before the British came to India. Please respect people like maharana pratap, shivaji
@@jameammarijr.2248 stop praising all about monarchy who only fought among themselves to accquire their own selfish needs .
Its easy to divide us, just use religion/caste and we will fall apart..
The utilization of after-tax money and tax-free growth makes opening a Roth IRA very advantageous. Through a careful guidance of my FA, I did not pay taxes on my withdrawals of $2.86 million when I retired.
I don't regret the numerous financial mistakes I've made in the past since I've learnt from them. But the biggest one was planning my finances without consulting with a licensed financial counsel.
Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.
@@maryHenokNft Please who is the consultant that assists you with your investment and if you don't mind, how do I get in touch with them?
*Camille Alicia Garcia* is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
This video summarizes my everyday feelings and frustration with this country and govt in 20 mins. Really fed up of paying taxes. Every time I drive on the "roads", look at our "infra", "healthcare", or "babugiri" when purchasing property and endless more scenarios I just hope all these politicians (and their families) who pocket tax payers money have a very horrible life and don't even get to die in peace.
unfortunately they live a very comfortable and luxurious life
Lol, they and their 7 future generations will live like kings because of the black money they have accumulated.
leave your job and start a business
the best thing to do is shift abroad,fuck these taxes,we are the minortiy clowns who pay taxes and feed the freebies and their 10 children,you know 80 crore people which is more than half of indias population gets free ration,guess who pays for it?us tax payers(and we are only 8% people)so if you are educated and smart,look for a job abroad and move there
@@atharvakpatil and also harass common people.
Instead of being divided by caste,religion etc. the middle class should make the parties feel that we cannot be taken for granted
Middle class shoul be a potent political force
your comment should come to the top.
People have done that in Delhi and Punjab by giving priority to health and education
@@clashingwithwhitewalker4405 bingo. But a large mass of middle class still remains ignorant and gullible.
@@ageless1003 even them I don't consider as ideal examples as they are also focussing on freebies,votebank politics etc.
I can confirm this is true. I live in Europe and the protection we get is worth the tax.
1. Free education: Any citizen or someone with PR can get free education of the highest quality.
2. Unemployment benefits: If you loose your job, the government would cover some benefits for a reasonable length of time. Now you can argue, the government of India also gives unemployed wages but that is like 500 Rs which is practical useless for most people.
3. HealthCare: You can get the highest level of healthcare without any heavy medical expenses.
Applicable only in western europe not usa, easter europe, also GDP per capita and direct tax givers percentage is also high
Healthcare :There is a long waiting list.
I pay >30% tax and get nothing in return. This is the main reason why I'm leaving India for US this year.
Are you sure that's the reason?
So what is US going to give you for the tax you pay?
@@riscnx superior lifestyle
Shakal dekh ke toh i dont think he is adult and earning . Baccha lag raha hein. Chu*tiya bana raha hein yaha
Are you threatening?
@rishav Better lifestyle, more money, better services and less BS. Also effective taxation is lesser in US than India for my salary.
@Raj Kumar - Not threatening bro. It's a decision I've already made. :)
I will come back to India though in a few years when I have the experiences I'm looking for and have saved enough to fund for any of my needs.
Financial literacy should be made a part of the education curriculum. There cant be any light at the end of the tunnel in any toxic ecosystem
They are busy with culture awareness ! You might have listened the news, NCRT courses were updates by removing mughal topics and so on, these is what they are busy with.
@@kunalsaha9526 History is being rewritten to suit the votebank politics. The irony being that "to be in power is a direct function of illiteracy and impoverishment plus the religious angle".
Which is not going to happen, because it will rise people's knowledge and starts questioning government.
Exactly. There's a reason why it is not being included in the curriculum.
Indeed.. one of the things that I also keep saying in which ever forum i could..
Oh, i have faced this first hand.
My mother fell from roof and broke her spinal cord.
We called ambulance (upgovt) and they took us to the district hospital.
Hospital gave her some preliminary treatment and then said that she is fine please take her home.
We requested for a physician to come and check, they told me physician is out He will take 1 hour to get back.(meanwhile Mum is crying in pain with trauma in head).
After 1 hour we checked we got to know that physician is out and will come after 5 hours.
Then we decided to discharge her and take her to pvt hospital. District hospital refused to give discharge slip and started creating rukus.
We just took her out and took her to pvt hospital which told us that she has broke her spinal cord and will die if not treated.
We took her to govt hospital in lko. There was no one in the hospital that could help us and we end up wasting 2 hours there.
Finally after 10 hours we took her to apollo where she recieved proper treatment.😢
every rupee in tax is an utter waste used just to fund the political aspirations of our politicians
So you went to a government hospital like a beggar government hospital is made for poor people mister anime.
@@lantherpagdi your life is a condom ad.
@@GIGADEV690it is not wrong to expect the government to provide the right facilities when you pay such huge amounts in taxes. It is wrong for the government to not provide even basic needs in an efficient manner.
@@vijay7301 Then keep voting for BJP they will solve it.
Its time our citizens mainly the middle-class start thing economics first than politics - It will help us all in the long run! Thanks, Akshat for bringing these sorts of essential discussions to the fore.
Unpopular opinion:
As shareholders vote for whatever decision a company takes, similar taxpayers should be allowed to vote for whatever expenses the government decides to spend on from their money.
it's appalling that it isnt happening that way and politicians act like god while spending our money
I agree, but in this media should not interfere
Only those who file income taxes regularly and honestly should be allowed to vote.
Universal suffrage is a fatal flaw of democracy. It should be more of a qualified suffrage: no crime/time served as per crime, taxes filed and not on welfare for more than 6 months.
Seriously 😑😑
@@TheNuclearPhysician this would alienate the marginalised sections of society from any decision making
Really frustrated after doing job for 5 years like mule and getting nothing not even adequate increments. Life is stagnant in india, govts. are not bothered and every subsidy which are supposed to be provided by government either dubbed as revdi or badly implemented. Now i am considering to leave this country and go somewhere where at least my future and family would feel safe socially and economically. Thank you brother for enlightening me you came as blessing in disguise to me. If anyone knows informative channel for Pursuing HIGHER EDUCATION Plz recommend.
No country will grow more than 8% except India.
Even if u dump money in stocks and save taxes on salary with proper plan, you can turn wealthy enough to have a decent life.
If u wanna own buggati then that's a different ball game
Every country is stagnant. The increment we can see here in India when see switch jobs at least cannot be expected in Europe
@@kumarabhishek1064only adani Ambani growing
Unfortunately in India 99% of people are highly biased. They are either stuck with a particular party and does not ask counter questions when any of them come to power as how they are using the tax payer's money and what is being delivered to the common man. Most of them are also very emotive particularly on religious lines and this is where some political parties take undue advantage and do emotional black mail to such people.
sadly yes.. once they choose a side, they think it's their duty to protect that party. It applies for all regardless of parties
without religion, you will end up like lebanon, Iran, Afghanistan........be mindful of that. read some history brother. money will come and go, lost land wont come back
@@lantherpagdi True.
@@jameammarijr.2248 exactly the point @ypmhaskar is trying to make
Absolutely true. Its in every fiedl actually. From party to cinema,everything. We get brainwahsed so damn easily. We forget that our votes hv sent them there,not the other way round. Its we who shud hv the ppwer,bt sadly we r just sidekicks. Sad. Plus the joke of the media circus.
As someone living in Sweden, the big difference here is that people trust their government. People follow rules and condemn those who don't. There is a socialist structure in society which ofc has its pros and cons. There's a good quality of life with high taxes and you dont save a lot of money in the end. As long as there is no mutual trust between the government and its citizens it will remain toxic
Unfortunately, if we try to criticize the ruling govt in India, we get silenced
@@golanfernandes : how?
@Manuel: Does Sweden have any corruption in political decision and policy making?
@@msdolly6101981congressi, liberandu, aaptard , communist. 100 people will call you 100 different names. Even if that guy voted for the BJP and is trying to criticize some things. People also don't know the difference between how the right wing works in US vs here. I feel so many of traits in trend because of UA-cam's algorithm.
@Lalith Kumar partly I feel it is right.our previous generation gave this congress 70 years to screw the nation at that time no one pointed out. When nehru lost 1962 and 1948 . Idiots still voted for congress . Now in just 10 years of this govt every one is now pointing out . Does modi have magic wand? Though I agree middle class is taxed a lot.
Thank you for speaking out and spittin facts. You are the voice of the sensible INDIAN trying to make a difference in a country filled with hypocrisy. More Power to you brother !!
Yes totally agree it's toxic in our country no facility for salaried people and no one is addressing this issue.
Because salaried people come under the top 20% rich people
So taxing them is not bad
Salaries people are worker ants for a govt... And everyone else is baby ants who need to fed constantly 😂😂
@@Harsh-rf9k right. But I assume system was made to collect taxes from eligible taxpayers and provide services in return to ALL. Now the problem is, who is getting services? Top 20% who is paying for it? Lower classes? I think no-one.
@@jaylalakiya services mean free health, education and discounted food?
All are there. But u don't want to go to govt schools n govt hospitals.
@@Harsh-rf9k comeon i mean they are not upto the mark of what we pay. I visited some govt school for some exam few months ago and it was like old age haveli with broken benches.
100% agree, gov should do something about increasing the number of taxpayers rather than increasing tax infinitely otherwise soon we will be needing to take debt to pay taxes
Government will not do shit this is the reason lakhs of people are leaving India
20-30% is income tax rest is Indirect tax on each item we purchase or service we use
These.are.not taxes but government's OPEN-LOOT
Bina facilities ke itna tax to kisi bhi Developed countries tak mein nhi lagta hai
Even savings are TAXED to make politicians RICH & public POOR.
@@raghavsridhar well that's is wrong...govt. is tightening its grip on people with digitisation....
Millions had been added solely because of demonetisation...
More and more strict policiy are being made to get out more tax from people....
Which the best skill set of democratic govts. All around the world
@@raghavsridhar you should also leave then!! It's simple go live your good life in Western country who is stopping you!! Nri make more investment in India than Indian living in India!!
@@iotasymbol8498 because NRIs won't have to live here. They simply invest in stock market and their money get increase substantially (which won't happen in European countries). And as inflation remains mostly low there, they get really benefitted.
And I'm giving another answer beforehand, Yes, I'm converting my money into dollar and other currency for some time. And I'll leave India as soon as I accumulate enough money (only a few years to go). and then I'll do the same as mentioned above by me.
One of the main reasons why I live in the US is getting the value of the tax I pay to the government. Really good public schools for free. Infrasctructure is insane. Last time I was in Ranchi(hometown), electricity was gone for upto a day sometimes. I live in a small city in US too and I have never had any electricity issue. Drinking clean water from any tap, is huge for me. The air quality is super awesome. All these things are great for all the taxes I pay, so it is hard to think of going back.
I think the biggest BS is, "don't ask what the country does for you, ask what you can do for your country". I am already working all day to take care of my family and paying taxes. Why should I not ask what the govt is going to return to me based on the taxes I pay? No one's work is less than another.
Completely agree with you bro
“Simplify GST and keep it 10-15% for all products” Ashneer grover said the same thing and I absolutely agree with that. More power to you Akshat!
Irony 10% is average grocery shopkeeper earning on selling products which are TAXED @18%. Goods tax should be 5%, non daily usage @18% , luxury like diamond @45%, super luxury @90%. Income slab should be till 7lakh completely no tax , above 7lac -12lac 5%, 12-17lac 10%, 17-22lac, 20%, then similarly 30% n 35% tax WITHOUT any CESS/SURCHARGE
GST is 0% for most of daily needs like rice, wheat , etc. Why do you want to make them to 10-15%.
Shut up ashneer’s puppet
Bhai when you do that then GST collection on many products which comes under 18% and abovs wud be low i am small scale businessman i pay various range if GST in various products 5% 12% 18% the price is ultimately pay by consumers and if govt decide to decrease the GST rate for few categories then to make up they wud bring new taxes or increase tax rate in other categories
Kuch faida nhi. The whole system needs to be changed. The current system has been built for policy lobbying by certain politicians.
You are 100% right about absence of Tax on Agricultural income in India -- Most politicians own large tracts of land often Benami and will not allow such Tax bills to be passed. This is i think single biggest Anomaly which is coming in the way of Development in India!
What will happen if agriculture is taxed?
Food prices will go up
Dont worry bro if agriculture income is ever to be taxed it will come with tax bases too like normal income theyll focus only on the rich farmers, and also sadly it wont happen for decades to come casuse obviously we know half of the population is in agriculture theyll think of it as an attack on them, and the party ruling will loose power in the next election! No one will dare pass such a bill even if they are not corrupt lol
@@enganche no one is talking about you....
I totally agree with you but I have a question because of some politicians you want charge tax on agriculture ok as a son of farmer we will pay taxes but when we got maximum times losses then we got some subsidy.
I feel you bro😔. I'm also paying 30% income tax 6 lakhs from my salary but I don't see any benefits from the government😠. The rich and the poor get all the subsidies and schemes but we middle class people are left behind😢. It's not fair that we work hard and pay our taxes but others don't😡. I wish there was some way to change this system😞.
Means you literally earn 20 lakh annually and calling yourself middle class , what a joke , you literally come in top 1 percent earners of the country , who are not paying their due share
@@ujjwalkumar1624 If his Parents, housewife and children are dependent on his income and he is the only one earning money then he comes under middle class family
@@ujjwalkumar1624 lol right. His audacity to call himself a middleclass.
@@ujjwalkumar1624if he is paying 6 lakhs in income tax his salary should be 40 lacs not 20 lacs
So he is not entitled to the basic human necessities because he earns 40 lakhs. Great thought
I have dropped out my son to Open schooling via NIOS. I belong to upper middle class and can easily afford the high fees but i want to standup against this loot from private schools... And ... My son is happier and doing quite well.
How are you doing it? Care to share some advice? I'm all in to create/join any group willing to counter this loot.
Please share your experience. As the fees and compulsory expenses like books and uniforms are getting just too much. I have 2 kids and it is getting tougher.
wo shcjhool fod dene chahiye jo ekdum hhigh fees rakhte hai ...
How how, please respond
@@aravindbachu5502 I can help you. I did my 10th from NIOS in 2016 so I have basic knowledge about it. It is same like CBSE and State Board. But exams are conducted annually and no mid term exams. i.e; in March or April along with CBSE exams and you can select your own subjects. There is no such binding that we see in schools that certain fixed subject needs to be selected. For instance I didn't took Maths in 10th and took Home Science instead. So I completed 10th without Maths.
For some subjects like computer, home science or art, practical exams are conducted so we have visit the exam centre where practical exams are happening. And practical plays important role.
After my 10th from NIOS is switched back to GSEB (Gujarat State Board) as my parents preferred sending me to school. But some of my friends completed their 12th from NIOS.
Fees (during my term) was 1200 which includes exam fees and study material. Maybe now it's increased.
Only negative side about this course is social life,
As both my parents are working so, no one was there to take care and for interaction.
And in some cases tuition. Not everyone provide tutoring for NIOS but now there are some UA-cam channels and apps like Byjus to take care of that. But during my term there weren't any.
sir 1700cr was used to build a bridge in BIHAR . it already collapsed 2 times before it even became functional !
No wonder why the rest of the world calling us 3rd world nation
southern taxes wasted
Ullu nithish
@@aardappeleten7701 southern 😂😂bro Maharastra pays more taxes than idli shambar states if we pay 100 rupees in taxes we get only 7 rupees back still not crying like you.
@@GIGADEV690South means all those states that get nothing in return. Maharashtra might be paying more because of better economy of the state. You should look at what one is getting in return for a ruppee given as a tax. None of the South states ever get any benifit.
Brilliantly put together. This is like the summary of things which have been on my mind over the last few years since I've entered the tax paying section.
One of the best thought provoking video i have seen in recent times. No wonder youngsters are fleeing the country in search of better prospects.
I'm leaving for western europe too :)
@@basiccoder2166 good for you
most of those youngesters studied from govt subsidised institutes😂
I am leaving in 2 years. I regret going abroad 3 years ago. But I won't make this mistake again
@@basiccoder2166 congratulations Bhai
Thank you for making a video on this topic. I found your channel recently, and I'm glad that you raise your voice on these topics.
bro, every words is true, we are with you to aware middle class. It doesn't mean I am against freebies given to poor people but those freebies should be necessity. and govt should have to do something to eradicate corruption or atleast try to reduce it and should reduce the unnecessary benefits which is given to MLA/MP. and also should stop using public money in unnecessary advertising for PM Modi.
Don't spend too much in market...
If ur young then don't marry and keep hands to mouth type lifestyle for one year...
This video felt like it came directly from your heart. I actually resonate with you on this one and you pointed out some of the most critical and sensible items to think about. Keep making such content and we will keep sharing this knowledge to bhakts
Congress time india was flourishing. Next rahul gandhi will make india superpower 😍😍😍😍🥰🥰🥰🥰🥰
@@Harsh-rf9k with his FM India will beat USA and will become superpower of the world and rupee will become the currency of the world
A lot of valid points have been mentioned in the video.
But there are some things to take note of as well.
Consider two families, A and B. A has 8 members, including one earning member who is working in a small firm. On the other hand, B has 4 members including three earning members, each working in an MNC. Now, its a no-brainer that the quality of life of individual members of family B (kind of the returns they get to the financial contribution to the household) will be better. Family B would be able to live in a better and larger house, would be able to eat in restaurants more often and would be able to go on vacations in foreign countries. Such activities are very rare or nearly impossible for Family A.
The comparison of India and Sweden is akin to comparing the lifestyles of A and B. Sweden has a population comparable to some Indian cities, which is not mired in abject poverty today. Sweden doesn't need to build highways or toilets or schools or provide piped water to a massive population. Sweden has a large middle-aged population, who earn well and contribute immensely in taxes. As a result, they get better returns.
On the other hand, India has few people who are earning well enough to be taxed, and a massive population which needs to be supported from it. Obviously, people working on daily-wage or in low wage industries cannot be taxed. Unlike Sweden, India also has a large informal sector, which poses further challenges. How would one calculate the exact taxes to be levied on a person selling pani-puries or tea, since their income fluctuates daily? It is also difficult to administer taxes for agriculture incomes, because it fluctuates on yearly produce. A farmer growing tomatoes may experience bumper crop in one year and crop failure in another, if he shifts to growing onions his income would be entirely different. How would one calculate the taxes the farmer needs to pay?
The only way of increasing tax benefits would be to increase the tax base and reduce taxes in the long run, which can be done by:
1) Shifting of people from agriculture to service and manufacturing sectors - which is ongoing.
2) Increasing formalization of the economy - this is ongoing and has picked up pace since the Covid-19 pandemic.
3) Increasing incomes and the population of middle class - which is happening slowly due to a consistently growing economy.
4) Reducing population growth - our population has started to stabilize.
Looking at the trends, in the long run taxpayers would definitely get better returns for the taxes they pay. Rather than the returns today, we taxpayers should be patient, ensuring that these trends continue, and also ensure that politicians do not recklessly spend tax revenue on useless freebies.
amazing analysis bhai, but communists wont understand, never bother
8% of the country is carrying the load of 100%
This is not true the 92% of the people still has to pay crazy amount of Indirect taxes
Everyone pays indirect taxes. That depends on the individual's consumption pattern. But only 8% have to pay direct taxes without zero return. If everyone pays 100 rs indirect taxes then everyone's burden is same. But 8 out of 100 pays more.
@@saintpixie2765 you can't say that people who pay only indirect tax are same as people who pay direct+indirect tax both.
@@Stories_and_more_1991 There is an other side for this too.. The 8% is the one which uses high infra like Airport... land given for IT parks... subsidies given to the MNC companies they work etc... Actually the most money given free goes to corporate the welfare schemes for people are very very less compared to that.. in tat case the 8% is also reaping benefits in form of jobs they get from the same MNCs who are here only because govt is giving them freebies..
lets leave our jobs and start farming
Great Work Akshat!!
Perfect no-nonsense and rational explaination of how govt. is screwing the middle class, thank you Akshat for creating such informative videos, learning so much.
Paying tax in India is equal to Charity
reverse charity
mandatory charity for IT people.
@@charlie6196 pain 😢
Charity is something we give what we have extra to help others and get satisfaction but here it is nothing related to charity. The right word is systemic theft renamed as collecting taxes.
@@iamnothing85 Couldn't have said it better. And this is why we are seeing so many people leaving the country and they are mostly the ones who can actually take this nation forward.
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
Wow, really. I was able to make my $25k on investment
@@clydeorlan2615I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
You’re right but a lot of people remain poor due to ignorance
Education, medical, housing expenses have skyrocketed but salary increases have barely crawled. Taxes have also increased in an absurd matter. You are absolutely right the middle class has been the worst sufferer and the government gives nothing in return only more taxes like surcharges
Very few have the power to take a stand against what is wrong special when opposition is the government itself. Great initiative Akshat full support.
Absolutely correct hit below the belt......more discussion needed...shared on social media
First of all a big salute to you for picking up this topic and being so candid about the taxation regimes and how its being played down on people. It takes not only deep research and knowledge, but one also need spine and motivation to come up with truthful and thought provoking videos like this.
Dear Akshat, I haven't watched the video yet, commenting for the title of the video, I am a general category engineer male, I pay taxes and get nothing in return, I am doing charity and not just that others get benefitted, people like me are put down again by the reservation people and the government, what else can we do in India? Not paying taxes is a crime, so if job is avoided to pay taxes, need money for daily expenses and society doesn't value you, what else is the option? Born as a general category male is a punishment in India
Hard Agree.
Stop crying ... You are a slave the moment you born in India...
Well if education is free ., Health care is free, food is subsidized no need of reservation ri8 ,
Totally agreed 💯💯💯 in a same condition bro 😢😢 this category system and taxes and really a headache 😢
Agreed
You have hit the right chord. Thank you!!
This is absolutely true, the Middle class is not united and the government doesn't want the middle class to unite. Thanks for the video, Akshat!
Our monthly grocery bill went from 2500 to 4900 with only basic items due to rise in inflation, with this insane amount of taxation, ideal thing to do in our country would be in most of the cases to tackle inflation, would be to try starting a small business based on individual interest, it doesn't matter how small it is or how crazy much your're business idea is, just start working on it, thing to remember is india is land to do great business
It is the same everywhere even UK and Aus are struggling with inflation.
@@pillalamI totally agree buddy, I have changed my perspective as well after a while again and after some research, about how things work out in india and how to cope up with it
You just opened my eyes, now i'm clear regarding my decision.
Issues of the middle class being raised by a HNI 😅. Middle class are the dumbest.
Anyways, Akshat is obviously correct about all his points. Atleast he is trying to wake these dumbest people up to reality. 😊
Hni ??
@@psrs985 High networth Individual
As he earns money from stroking emotions of middle class, his audience.
Well maybe because to me you both are just talking from an individual point of view.... That's why government is here a DEMON
School made us dumb by using archaic educational curriculum
Congratulations! You have courage to speak the ground reality of india. You have narrated big things in very lucid language.
Full marks to you.
Hi Akshat,
Wonderful video and content. As a salaried middle class citizen, I want to unite, spread awareness and make this country a better place atleast for my kids... But, I don't understand the next step after uniting and spreading awareness. How can we make the government change their strategy as a community?
You are extremely brave for voicing these topics. I have friends who would never agree or see these videos fully 😅😅
I came across a Quora post a year ago who said their family combined was paying around Rs 4 lakhs per month. On their way to office, they get stuck in traffic often and how it is so frustrating considering they contribute a lot to the government through tax. He said they even contemplate going abroad at times
Going abroad is the solution, this wont change
I have already left India two years back. I was earning 2L/month post tax. I used to pay 60k tax every month! Even after earning that much I used to get stuck in traffic, get muddy water at home and broken roads outside home and office. I was living in blr, now I live in London.
@@SanAntonioDean London traffic, inflation, housing crisis is pretty much similar to bangalore
@@619ry7 100% agreed. Emigration from UK is at an all time high and here we have indians dreaming to go there lol..
@@SanAntonioDean I have lived in London for a few years, and the impact of Brexit hit them pretty hard, pushing it further down. London roads are way dirtier than roads in major cities of India. London has outdated infrastructure; water, piping, toilets, elevators, and walls break frequently. Almost every house is infested with rats in London; people don't clean after their dogs and urinate (humans and dogs) right in front of the houses, even in ultra-wealthy neighborhoods like Kensington. The cost of living in London and taxes are much higher for corporate employees, and they have high VAT. Apartments are very, very tiny. National health services are underfunded; they don't even have paper gowns for their patients and discharge patients on the same day of surgery to recover at home. London's underground system and its trains are ancient as well. In the summer, people suffocate in those tunnels without air conditioners or fresh air. Can you comment on specific reasons that made you think London is better than Banglore or other major cities of India? And which part of London do you live in?
You are absolutely right. The tax structure in our country is punitive - completely support ur point
I will stop watching these vidoes.. it only makes blood boil.. but nothing is going to change.. its like putting salt on ur wounds
I really am glad that finally someone is trying to understand people how basic economy works and the point of getting united is such an issue that needs to be addressed if we want to build a better nation for us and our future generations.
I have been working for 8+ years in India and paying taxes. Now after moving to the UAE I can say that the difference is huge, here there are no taxes on our salary and I get to choose how I spent save or invest + being an NRI you don't have to pay any taxes in India. But I would love nothing else than moving back home, I just wish our government does something for the people who work hard and are trying hard to build their lives.
Nope he does not understand anything. He give morning arguments like "Why don't we keep building monuments, if monuments increase tourism income", "Why don't spend money on periphery infra" (The FK, periphery of what?).
The worst part is, there is people like you who get appeased by moronic BS & end up forcing the govs to put efforts on things that are not issues at all.
Very informative. Thanks for spreading awareness 🎉
Despite all their differences, political parties are united not to reveal their income sources. Our money is used to grow their respective political parties.
Thank you so much Akshat for bringing this up.
Here is my personal perspective and firsthand experience on the matter.
1. Despite earning over 30 lacs per annum, middle-class individuals in metro cities struggle with the rising cost of living.
2. Limited access to affordable housing hinders middle-class individuals from purchasing their own homes, even with a higher income.
3. Higher tax burdens impact the disposable income of those earning above 30 lacs per annum in the middle class.
4. Challenging loan requirements make it difficult for middle-class individuals to finance significant expenses like buying a car or pursuing higher education.
5. Financial instability and uncertainty persist for middle-class individuals, hindering their ability to achieve long-term goals and financial independence.
30 lakhs fixed income or 30 lakhs package?
If 30 lakhs is fixed, please explain how are they struggling? It's more than 2 lakhs per month, you can live an above average life style in metrocity.
Unplanned finances. Thats it.
Earning 30 lacs per year is not middle class. You are in the top 20% of Indians. It’s just you can’t manage finances. My mom can thrive with 30 lacs salary, she knows how to manage finances.
Thought provoking video as always. Please keep up the good work.
Completely agree with all the points raised in the video. I have been paying income tax for the last 15 years, part of the high tax bracket today but still paying a premium for my term plan, health plan, school fee, and high GST. Ministers used to travel by ambassador car 10 years back and now they are eligible for luxury SUVs. Apart from spending at the statue in Gujarat, crores of rupees have been spent on the new parliament building. When companies are moving to digital platforms and conference facilities we are spending on buildings.
I had stayed in Sweden medical and education is virtually free... Even if u dnt send your child to local school and opt for international schools the fees is very nominal.. In India taxation is crazy
Interesting that you watch his videos from Sweden. Do you invest in India?
what is Sweden? Population size is less Than Delhi. We are talking about Bharat here. It’s a far more complex that this comparison. We are a very diverse, cultured and emotional people.
@@deepakleekha1782 Why always bring in culture ?? so SWEDEN people don't have culture ?? This is a inferiority complex of Indians as they have zero achievements in the recent past so use CULTURE as a shield against countries who have contributed in fields of science from which even indians got benefited..
@@deepakleekha1782 Yes Indians are emotional
and that is the problem
The grass is always greener on the other side of the fence.
Been staying in Sweden for a while now, I can say
Education is free, but cannot be compared with Indian education.
- It starts slow, but smart.
- There is no grading based on memory test. Grading is based on reasoning, logical and analytical power right from early stages
- May be good or bad, one might not be able to withstand the competition outside.
Medical facilities:
- Yes, it is free. But 80% of the day-to-day medical incidents are left to heal naturally. Its normal for someone in Sweden to be sick for a week and still don't visit any doctor/hospital. No medicine if it is not a life-threatening issue.
Pension (one topic which was not covered in the video)
- Average retirement age is 68 (gets revised often)
- 30% (approx) of the taxes paid were saved towards Pension.
- More or less after retirement, one draws a decent pension for a decent livelihood
Akshant, hats off to you for this video.
India needs people like you. Wish you all the best.
How his video affecting or imapcting govt policies.. Only thing you can do is leave this country
Glad that someone is talking sense.
Akshat I have become a real fan of yours. The way you address the real issues of middle class and lower class income group families is really commendable. We are fortunate that we have someone in this community who is really bringing the pain and not talked about much issues in this forums. We are crazy about investing so much money in our entertainments, that we sometimes do not think how we are indirectly supporting this Imparity in the society, be it investing crazy money in buying tickets for IPL, or putting money in OTT or even investing in watching movies in halls.
There is a provision in Tax returns, where if we invest certain amount of money in political parties, then we can avail concession for it. This is itself promoting corruption and that too in legal form. There is no doubt why people who get chance to leave the citizenship of India , are doing so and taking citizenship of other countries.
20-30% is income tax rest is Indirect tax on each item we purchase or service we use
These.are.not taxes but government's OPEN-LOOT
Bina facilities ke itna tax to kisi bhi Developed countries tak mein nhi lagta hai
Even savings are TAXED to make politicians RICH & public POOR.
@@vickyAlways bro you are living in fools paradise compare taxes to Canada or UK you will get to know how much tax they are paying.😂😂😂
In Canada only tax on breathing is exempted😂😂
@@Nitish.Singhal what about benefits and facilities. Benefits are like an alien term for us indians. Everyone in india has just accepted that ok this much amount of money shall go from my salary(nobody knows exactly for what). In this country we will always live to uplift the poor. Some dont have big desires so its cool for them but for the guys who want to make it big by doing jobs india isnt the country.
spitting straight facts as usual, thanks Akshat. Sharing this video.
I was working for a while in Sweden. Top class education that is free even for expats in English medium(if we are not able to manage swedish). Medical as well. Transportation card was cheaper than what I incur in India. Feeling gutted to be back in India(From Tax terrorism perspective)
Mind sharing the company you worked for ?
We compare ourself with Pakistan not with sweden
@@SamratGhosh1not ur concern
@@nitintodkar🤣🤣🤣🤣
@@nitintodkarsahi to bol rahe ho😂😂😂
Me and my sibling, both pay 30% income tax. In return we don't have roads, no water connection. The electricity bill is high due to the highest unit cost, that too is not reliable. We face heavy load shedding. No healthcare, no GST waive off like businesses. And I'm living in a tier 1 city. We, the middle class people really need to start a revolution and get the burden lessened. You might light a spark, I hope
whatever happens...happens so just live happily and enjoy life. do not stress yourself too much
In Singapore 5%to 10% tax. School fees for foreigners are high… understandable.
In Ireland, tax is high as India 35%, but School fee and Health are totally FREE…
Also, what are we getting. Bad roads, heavy traffic, Security issues …etc in Our India.
Thanks Akshat..all you said is extremely true..people of India should take seriously this issue and aware how we are cheated from the beginning to till date..thanks for fruitful content as always...
Okay as a CA guy, I believed GST was a good move, considering the past VAT Sevice tax regimes the whole scenario was a mess. No one can blame any central govt specifically per say. Cause all the state governments were taking their share out of the Indirect taxes. GST atleast has put a leash from misuse of funds like it used to be with a unified department more control & transperancy over the funds. You cant expect decades of misuse of funds to be corrected straight away in a decade. Mistrust between the govt and people, people evading direct taxes, government was forced into indirect tax regime for revenue, freebies from govt is still a dark area which political parties win, but who bears the brunt? and also before blaming government we have to see all this corruption in part is from the government employees themselves, who are part of the society itself!! Its easy to blame politicians as different from us, but they grew out of this society we live in. I believe we all bear some responsibility for the mess we are in now!
Yes we the people also have to be more responsible and actually start following rules
Thank you for voicing this so clearly and effectively.
An eye opener, Akshat. Good job. Keep on doing it to create awareness.
New parliament is another example . It is just about showoff and not about doing anything practical. but criticizing gov is nowadays is also considered as being anti-national
Nice job
Dont care what others will say
Keep doing your good work
You don't have to be so defensive. We understand what you are trying to say and anyone with brains will completely agree with you. You just say facts. i love india, we love india but we must criticise our nation as well when they don't do the right things. Free speech and rational thinking is necessary in any society.
Exactly itna tax deke ek toh cheez hai jo mil rhi hai vo hai democracy...
I absolutely loved your last point: Free Speech and Rational thinking is necessary in any society.
@@Nitish.Singhal Jo tax nahi dete, free unko milta hai. Tu kamana band kar, aur chawl mein jaake rehna shuru kar. Sab free milega.
Don't conflate criticism of the government and its policies with criticism of the nation. That's what duplicitous politicians do, and are doing, to escape accountability on their part. This country existed way before them and will exist way beyond them. The citizen's loyalty and affection should be for the country and not for it's government necessarily.
Where you can criticise the people is the unwillingness to keep the crony politicians accountable. They behave like they're rulers of the people rather than their representatives and it's because people let them. The day this culture changes the political class will fall in line. But unfortunately in the case of India this might be wishful thinking and is unlikely to happen in our lifetime.
I wish you supportinf free speech on islam too
I was one of your haters, but the quality of you video and the details that you talk with has made me keep my ego aside and start loving your content, liked, subscribed and pressed the bell icon
To the point and hard facts , we middle class ignore and waste time in discussing petty politics , religion. Keep it up Akshay👏👏
Discussing islam is also necessary part. See what islam is doing in Europe too. You can't just shut your eyes on islam
I hope this video will make people alert and take some action, and the government must ask everyone to pay taxes, not just the salaried people. Please share and make it viral.🙏
None of the government has the will or the spine to do it.
The more the reservation and freebies the more lazy the population is generated and thus the vote bank.
Thanks!
Completely agree with your points you made.
This type tax system making irresponsible people more lazy and responsible people are made burdensome which ultimately lost interest in many things.
When it comes to any other class everyone start shouted even if a small amount their rights are abridged but not sure why all middle class people are not coming together...we dont even get a reservation in IRCTC tickets even if you are paying 30% of income as tax...forget about giving us benefit we are not even priorities anywhere .
I think its high to take any action rather than just talking.
No one is lazy mate. Those who earn learn are good people too.
Back breaking labour for 10 12 hours isn't something lazy.
Try doing the same in 40+ temperature instead of getting stuck in traffic 😊
@@adityashaw3198 if so, then remove income tax
The government and entire system shakes up and comes into action when a foreign media writes or speaks about it. For example - Hindenburg report. Everyone in India already knew about Adani Group however nothing happened. The moment Hindenburg report came out, the entire world was looking at it. I just hope that someone from outside India looks at these facts and presents them in a way that really make impact. Else, there are thousand such videos\blogs that already iterate the same thoughts.
Hit Like if you Agree!
kuch bhi
The no. Of likes tells the whole story.. Indians are born to be slaves of rich and they like it
Why can't you submit your evidence in Supreme Court instead giving opinions
@@lordbloodraven9347 evidence for what? Tax slabs are already known to everyone... We get nothing in return
Major part of budget is going for SC/ST welfare rather than health and education in all states of India.
PS- The budget for SC/ST welfare dept is thrice the budget of health, twice the budget of education and almost 2.5 times the budget of agriculture in my state Odisha.
In Telengana the amount sanctioned to a single scheme (Dalit Bandhu Scheme) is almost equal to the total budget of Odisha 😢.
I am from SC/ST group,, I a telling you all of it is going to local politicians and goons pockets..
@randomnyss2011 that's the problem. It's about how the funds are used.
@@randomnyss2011 Govt gives 1 crore for some useless foreign degree, 1 crore to study in private medical college, 15 lakh to start some business for specific category of people. All these money are directly going to their bank accounts. No chance of middle men there. It is impossible to give such too high freebies to such a large number of people and that drains the budget.
Yesterday only I was thinking, that we have to give income tax on our income earned, if we try to spend it by buying things we need to pay gst, if we buy house from the savings(income earned after giving tax) then still stamp duty, if we buy car then road tax toll tax gst etc, if we invest that in stock market or somewhere else then capital gain tax. The culture here is very toxic.
At least leaving a comment on youtube is free... so far! LOL!
People who help in reducing Indian population should get tax benifits, Government schemes benifits,reservation and people who are increasing Indian population should punished with highest taxes,no Government schemes,no subsidies, no voting right.
Give education to people and specially women, population will come down on its own without any benefit or penalty. It is a proven sure shot thing!
The more the population, the more the lok sabha seats. So hindi belt will always dominate politics in India.
A particular section of the population are proliferating like pigs, what to do? The percentage of tax payers in India is too low. Any suggestion for increasing the size of tax net and the Opposition will gang up. At least, we have a Central Govt where the maximum number of ministers are with clean hands.
Population ratio is skewed towards North India. The south have done enough to limit their population and in return, they'll be getting less seats in the parliament after the delimitation exercise of 2026
Did you even watch the video? The majority of people don't even earn much to even run their lives smoothly.
Excellent perspective...a must watch for all middle class of this country
Im gonna get heat for this one , but when arvind kejriwal & his party is implementing the same sweden model and providing free education, healthcare, water & electricity(only for 200 units ) and still Delhi government is in profit andhbhakts are criticizing him and lashing him for giving freebies and some will call this "revdi culture" 🤦🏻♂️🤷🏻♂️
Spot on!
Don't need freebies we need lesser tax slabs
@@nilnil12345 definitely, but in world where our tax money is used for private jets of politicians , their international trips , their pensions ,
It's better that out money comes to some class of society back..
In politics it's never about good vs bad , it's about bad vs lesser bad , better to choose educated ones so that they implement some sensible things
@@ajinkyadhotre3502 aah ! What kind of educated one those who renovate their bungalows with 45crores pls do keep that Educated tag to yourselves...
We need infra, PLI like schemes , digital markets etc.
I understand that what you mentioned is true but I'm sorry we're not the Scandinavian or Balkan countries our borders ,our oceans r under constant threats of two nuclear giants and jihadist organisations so in a country like this survival is difficult but u ought to.
Education n health is alway free
In govt institution
Dont put dumb comments
Just like kejri took credit for GGIPU CAMPUS WHAT WAS LAID N PAID BY CENTER
According to the New Tax Regime, deductions under 80c are not available, the government will eventually scrap the old tax regime and we'll be left with nothing to claim and still pay insurance premiums that we've already committed to, it's going to get harder in the future
Stop paying premiums on endowment plans which are the worst form of investments. Instead take appropriate term insurance. You will save premiums.
Its high time every taxpayer of this country, ask government what are they getting return and STOP PAYING taxes
Excellent insights!! This is the grave reality.. Even when we are aware of this, is there hardly much which can be done to combat the tax and real inflation pressure which has hit specially the middle class??
20-30% is income tax rest is Indirect tax on each item we purchase or service we use
These.are.not taxes but government's OPEN-LOOT
Bina facilities ke itna tax to kisi bhi Developed countries tak mein nhi lagta hai
Even savings are TAXED to make politicians RICH & public POOR.
The problem is how can we get united, what can we do so that govt has to listen to tax paying citizens. Govt currently treats us like heard they literally got us by the balls. We are so involved in our busy lives that we dont get time to protests about these things. We have just accepted this reality. We need more awareness. We need to create a Rage against taxation. Its because of us the govt is, we all should remind them that. Othewise they will keep looting us.
#taxationistheft #rageagainsttaxation #stoptaxation
Someone is speaking truth. More power to you.
A country which is busy with Hindu - Muslim has no time to think about it .
@@minhazali4090 even when it wasn't doing that, it still didn't happened then😅😂
@@millennialmind9507 That was not a social media active era . We have a party which came to power blaming old party, promising better governance. . In olden party days , education was not that costly. Life was much better. There was no control of government on Media . No direct MLA buying and prime minister used to answer media questions . This government is fooling middle class . They use religion card to hide it's mismanagement .
@@millennialmind9507yeah definitely but jalthe hua ghar pe petrol kyu daale.
Many people already know, the truth. That's why we oppose freebies from our tax-money, which we don't get at all.
The biggest joke at least in Andhra Pradesh is tax payers are not eligible for free treatment in government hospitals and have to pay user charges
Thank you Shrivastava for making such videos. My family and I support the govt. But the problem is that whenever I oppose how the taxations, they still don't agree! Take for example the 20% TCS. It's nuts!! to even accept the fact that we have to pay 20% TCS if we travel abroad from our own taxed money! I pay Income tax, get salary TDS deduction, then indirect taxes that too upto 28%. And now hold the 20% TCS.(I know it can be claimed in ITR) but absolutely blocks our cash flows. What are they even thinking??
Yes and not to forget the cess on tax. It's absolutely bonkers!
Those who attack on political basis they would have never paid any direct tax 😂
Lol true.. at least majority of them.
Well pointed out about tax culture, it's true and need a change.
In this case what is also important is to consider-
1) India's population with Sweden
2) No of people in India actually pay tax compared to Sweden
3) Poverty ratio in India compared to Sweden
True
Why should we pay tax if their is no return from government, why should we work for others who getting government benefits. In India salaried persons need to work for government.
Correction in point 2 . % of people paying tax versus total population in both countries
@@sairammanchala40 Ques is, is there even someone who’s getting benefits ?!? I think above 50% money goes to corrupt hands.
GST kon Tera baap bharta hai
Middle class tax payers keep doing thankless job. Rich farmers will enjoy free taxes shamelessly. Over Glorification of farmers in India has hurt us badly
Are you mad? No tax for farmers gives you food at a cheap rate. What will happen if you tax farmers heavily. They will increase the food price and you pay more. Let's say 1kg onion for 100rs
No farmer is getting right amount for their product, they can't even fix price for their products. Only middle man is enjoying. But, the politicians who owns large amount of agricultural land and making profits can be taxed, why shouldn't?
Uneducated people in this comment thread got hurt , looks like they can't differentiate between Rich, Parali burning farmers of Haryana and Poonjab and the poor kisaan of Bihar or Maharashtra
the minute you say farmers lot of people in India get butthurt without even thinking about the issue in question for a second
The second part after 13 minutes is absolutely brilliant and starkly real. Thankyou..video shared...
I agree. Poor middle class is bearing entire load for India taxes. Whatever we earn a big chunk goes to government. With recent changes how vocal people are getting on social media about these taxes, I'm very optimist that one day someone will definitely help us and we can stop pressuring a small group ending up paying taxes and gets nothing in return. Time to revolt against this tax terrorism prevailing at present in India. Let's unite and let government hear our plight.
For you Muslims, it is always Non-Muslim vs Muslim
Pray to Allah, strengthen your Iman
Produce more children to increase population
@sri dodda he never brought religion, but you being an andhpujari got triggered cause he was telling the truth about ur papa's govt.
@@sridodda963 Abe gufaputra go see other comments even other people from your community are complaining but andhabhkt will see only this comment.
99% of muslims in india dont pay any taxes, but practice thook jih*ad in biriyani shops
@@wagyubeef925 papas government introduced tax?