Will TAX TERRORISM Ever End in India?
Вставка
- Опубліковано 7 чер 2024
- ► Open account with TradeX & trade with 0 Brokerage & 500x margin in national & international Stocks/Commodities: v2.tradex.live/register?sourc...
► Open account with Delta Exchange India and get 10% off on trading fees for 2 months: india.delta.exchange/?code=prs
► Open account with Delta Exchange and get 10% off on trading fees for 6 months: delta.exchange/PRSundar
►► UPCOMING EVENTS
► Apr 27 & 28 - All-New Trend Following Online Options Workshop: workshop.prsundar.com
► May 11 & 12 - Online Workshop for US/Indian Markets: workshop.prsundar.com
► June - Mentorship Program: bit.ly/prsmentorship (Minimum Capital: Rs.5 Crores)
► Launched Recently - Intraday Option Buying Strategy using Technical Analysis: rpy.club/courses/IRd2gwUQJa (Fee: ₹2,499)
CONTACT Details - 7358447138, 8122135785, 9150609409
► ► IMPORTANT LINKS
► ONLINE OPTIONS WORKSHOP for US & Indian Markets
Interested people may fill this form: forms.gle/Jze1kauoLJZdBNR59 - we will get back to you during office hours.
CONTACT Details - 7358447138, 9150609409
► Options Trading Online Workshop (For People With Decent Knowledge) - workshop.prsundar.com
► To join P R Sundar's flagship Mentorship program: bit.ly/prsmentorship (Minimum Capital: Rs.5 Crores)
► Intraday Short Straddle - A Unique Setup with New ADJUSTMENTS! (With Recorded Q&A) Register here: bit.ly/prs-straddle-recqna
► New Course: Supertrend Indicator (Identifying Trend & Executing Trades) - workshop.prsundar.com/take-co...
► MISSION OPTIONS (Options Trading Free Course for Beginners) - bit.ly/MissionOptions
Our official Telegram channel - t.me/PRSundar64
Follow us on Twitter - / prsundar64
Follow us on Instagram - / prsundar64
----------------------------------------------------------
- Local Cues & Global Cues
- Nifty & Bank Nifty Performance
- Institutional Data - FII & DII
----------------------------------------------------------
► Background Music Credits:
/ chukimusic
Beat made by Chuki Beats
----------------------------------------------------------
#finance #political #indiantax
![Why RICH people will leave India .....(you should too?) [8 Wealth Trends that will define India]](http://i.ytimg.com/vi/RyN959r0hw8/mqdefault.jpg)
![Why RICH people will leave India .....(you should too?) [8 Wealth Trends that will define India]](/img/tr.png)
I bought car of 20 lakhs. As per Invoice car value is 12 lakhs and tax is 8 lakhs. Also government collecting 30% on my salary. Sad part is we don't have proper roads in our colony. This is our fate
Vote modi jj everything will be alright 😅😅😅 vishwa guru save u
@@karthikvijay5
Andh bhakts don't have logic on why they vote for Bekar Janta Party.
BJ party 😅
This taxes on Salary is killing us bro..
@@karthikvijay5lol as if Scamgress party gave every for free
मैं AMS100K पारिस्थितिकी पर विश्वास रखता हूं। प्रगति में रोमांचक विकास हो रहा है।
Advance tax is bullshit in India. Tax department is useless.
White collar Thieves.
You missed his comments on Mr. P Chidambaram. Also, can you check the Congress manifesto and comment if they have any commitment to reduce/remove STT, LTCG tax etc?
Its no tax dept. It is the polticians, Tax dept is only doing what they are told
Tax on Dividends is another example
Dividends are paid from profits after tax
They are again taxed in Individual Accounts as well
That is the difference between corporate and private/partnership type business where you have to deal unlimited liability, whereas in corporate you are immune from that.
In India, politics is a business, not a service to the people....
Entire world
It's the same everywhere.
True
You are not people you are cow to be milked. Politicians only care about people are vote Bank
Har jagah aisa hi h
FET और AMS100K को साझा करने के लिए धन्यवाद 💯
Really I do not understand why a farmer having 100 acres of land need not pay a single as tax.
Exactly, it's worth in crores but man with salary hardly getting 60k has to pay tax.
Because most of the big land owners are politicians. They park their corrupted money by buying it. 😂
Because our country encourages farming.. India's backbone is farming.. common sense..
Countries like UAE encourage businesses..hence they have many perks for businesses..
Picking the country according to your profession helps to save more
Problem is not just high tax...europe also have high taxes.... But main Problem is return on taxes...fun fact is even Bjp supporter who is ready to give vote but not ready to give taxes
Sir with due respect India is not even close to Europe in any any way 😊....so Tax are not justified
Typical colonial slavery mindset @@anuj007thakur
True
Supporting bjp doesn’t mean we support every single thing, everybody has their own perspective, EOD we only get to choose the better option not the best..
Difference in India, is biggest tax in India is GST - indirect taxes, meant to avoid taxing the rich.
And again, these taxes collected are distributed unfairly, targeting the better to do states, even though they are not "rich"
Indian tax is too High 😮 government should abolish salaried people income tax when they are charging so much GST
Income tax should be abolished. GST is enough.
Also taxes on Diesel..
That drives up the cost of transportation of everything, eventually causing unnecessary inflation.
@@sanketnegi1no wonder next they put tax on breathing air too hahaha😂😂
Not to abolish instead provide benefits only to the tax payers. That lafoot free bees are our money😢😢
@@madhukoli6481 , when GST collection exceeds Rs. 1.5 lac crores a month, why do we need IT?
I also want to leave India after getting rich 😂😂😂
@@sphb100 lol what a load of bull
If war happens ..you guys will come back to India 😂.. remember - home is home ...
Before going out from India ..look for a stable government country and go... because the chance of coming back to India will be less😅
If you leave before becoming rich, it will help someone else the chance of becoming rich or even getting your job.
@@JasMusical U don't know India before Modi, had it not been Modi in 2014, India would be worse than Pakistan
Loved the word tax terrorism , the points you mentioned are too valid . Govt should really consider working on these.
Moreover, I heard in US tax payer get pension for life time after their service but we don't get any thing for tax payed.
they have rich government who prints dollar and spends 100 of billion in war so sure they can pay pension
There is a separate tax for that, along with regular tax
Make sure when u hear things next time u keep ur ears wide open till the end..
Middle class are tortured by the direct and indirect taxe.Pathetic in INDIA and all this money are looted.Individuals are taxed more than corporate. Happy that you are exposing INDIAN tax system.
Abbey learn basics... Corporates create job and build economy... Can one individual do it?? ... Hence to create opportunity for them it's less.. Basic
Individuals create demand for products and services, better living and more jobs due to good demand
This is main reason why FM is not participating in the MP election. She knows what is wrong
She will loose deposit in any seat she contest in South! She ran away saying no money, caste equation etc., No guts.
The absolute arrogant worst of the worst minister
@@doncorleone3901as if u know basics of economics
If Gov reduces indirect tax, personal and corporate taxes will further go up.
The biggest challenge is 50% of population who are in agricultural profession are not liable to pay taxes, which is the biggest culprit and a loophole to convert black money!
True. Agriculture tax is ZERO. & 90% of Agricultural land is held by very few rich farmers and remaining 10% by large number of small farmers
I was shocked to see that my STT came to 36000 and my profit only 95000!!
Side business. Share Market.
In my first year of trading, my profit was 1.5 lakhs. Taxes and charges 2.5 lakhs. So net loss of 1 lakh.
But you can claim deductions for STT right in expenses for trading?
In India freé scheme dependent people runs thier daily life on others tax paid money .
The same people talks about nation , jobs,Opportunities, food, growth education.
Let's remove all subsidies and freebies....then listen to Mr Sundaram.
excellent analysis sir. unfortunately the bureaucrats never care for citizens' happiness here 😥 Singapore is such a caring govt which respects and strives for happiness of citizens. people are really blessed
What is the population of Singapore…they don’t allow it to go beyond 15 lakh.
So why these double standards
It’s not about population. Growth trajectory of the individual also halted. I do agree limit should be around 2cr for an individual or some discounted tax.
In Europe even if they collect heavy tax,the services govt providing is justifiable,because good standard education,good standard health care ,good standard public transport etc...for free,but here in india...
Keeping pickles selling maami in the finance minister position which was once adorned by great economist like Dr. Manmohan Singh is highly ridiculous. Person like Raghuram rajan or other economist who understands common people should be given the portfolio
You missed his comments on Mr. P Chidambaram. Also, can you check the Congress manifesto and comment if they have any commitment to reduce/remove STT, LTCG tax etc?
Well said Mr Sundar.....time for the common man to rise up against this injustice.
Indian Govt living on Taxes...
India Govt collecting tax like any other developed country but trying to fulfill only basic requirement of citizens where sarkari babu are living like son in law life. Not only taxation should change but should be transparent to citizens where govt exactly spending tax payers money to develop our standard of Living.and I haven't seen an income tax officers scrutinised for money laundering
When the government collect gst, they should not collect business tax. Similarly since they collect income tax from retail traders & investors, they should not collect STT, GST & other taxes with every order. Tax terrorism is not a strong word, it's a correct word for what the government is doing.p
Tax paid by 3% of population, enjoyed by 97% of population?
Any comments on this Only 3% pay tax??
Difference in India, is biggest tax in India is GST - indirect taxes, meant to avoid taxing the rich.
Only direct tax is paid by 3% that too only 0.3%pay 90% of total direct tax.
But indirect tax is paid by 100% of population.
Only 51.5% is direct tax (income tax) collection balance 49.5% is Indirect tax (GST) .
Do you think these rich people would let us enjoy their money😂😂
And they too earn from doing business in our country.
125% people pay tax in India
You are using only 3%of your brain. Improve yourself.
Nice video Sir. In addition to high taxes, there are too many charges for trading in our stock markets. In all other global markets, so much charges aren't there I guess. Hence can you please make a video of comparison of trading charges of our markets vs US market trading charges. Hopefully that will force the government to reduce the different charges and make it at par with rest of the world.
He has done videos on this earlier
Keep electing same party and expected them to be humble is madness....
Yes..When I look in the charges..I feel what the fuck..
Once you start charging GST for the same service, demand for service decreases... SO TRUE.... 20 lac GST limit is killing SME's
True, in present times, this turnover is peanuts and comply with this we need spend a lot on audit and related headaches
Perfect video !! All logics are honestly right & all points discussed here are our inner voice represented by you. Thanks for creating this video. ❤
In india freebies to be given to get votes which in my view is a organised crime.i give you food and money free every month every year and you have to vote every 5 years to me, things like that
thanks for sharing this video eye opener for common people.
An eye-opener video sir.
Problem is - what do we get back from the government after su h high taxes? We still have to educate our children in private schools and go to private hospitals for illness.If the government provides quality schools and hospitals- why should we go there ? With our tax money- huge statues, foreign tours of ji, loan write offs for corporates are Done
And they don't care even a percent about it I.e they never regulate schools who keep changing books every day and bokms and all charges are high
Even they never care about questioning any company regarding double standard in their food and all
Caste and religion politics and free bees to come into power making govt to increase the high taxes I believe
Andh bhakts are worried that Congress will come in power 😂😂
@@OriginalSlayer9Pappu will come to power. Stop dreaming 😂😂😂
a farmer having 800 acres in telangana gets raithu bandhu free current but each acre is valued at around 3 crores
I'm eagerly waiting for your next video, due to its content
Drunkards are the people who pay the highest tax in India 😢
Best analysis, thanks
Paying tax not getting anything in return. That's the main problem
Can you speak about corruption politician's terrorism? It is the very important issue for past 50 year's plus. The issue is not paying tax. Weather the tax is spended in the right way or its going to corrupted politicians pockets is only the issue.. Can you pls explain.
Very informative. 👍
Sir, govt. will ban you or cancel your passport.
Thank you for your informative videos. Please make a video on taxation for f & o trading in India.
Problem is no return benefits on higher taxes in India as compared to other countries.
Sir 23000 pe sell
23000 pe buy strategy in loss.
How adjects or
Book lose on monday
well said sir, u told all about taxes matters very true and its reflecting every Indians mind voices. the title very very perfect. eagerly waiting your next video
Really pained by this illogical taxes and politicians becoming richer and richer by our hard earned money.
Indian Tax system sucks.
I was weeping in my heart when I first realized the amount of direct and indirect taxes I pay every year.
When a common man like us questions govt tax spends, some educated fools questions us back "are you paying so much to question the govt?". Every person who is using the product or service is paying taxes.
Until, everyone realizes how much they pay and what they get in return, they won't be vocal about it. If more people are not vocal, tax terrorism will never end.
Thanks PRS for spreading awareness and expressing the pain of common man.
I wish Im rich enough to fly away to tax heavens
For Road, bridges, Railways
All infrastructure funds are required
From where these money will come.
Tax the ultra rich
They are giving jobs to lakhs of people@@udhayakumarMN
I totally agree as they have passed a orders against me by just falsely accusing me over paying wrong taxes.
In india , for many jobs cash in hand and no tax . You cant compare western countries with India. We need money to build our country and proper taxation is the only way to do so.
Very much informative
Superb analysis ❤ Good video
Excellent video sir
Capital gains tax is charged only on the profits earned. If one incurrs loss in some other transaction should he given rebate on the profits earned?
In Singapore you cannot buy car if you want to , even if you have lots of money
Bravo Sir Thank you
a very good and in depth analysis.
In india all political groups are doing the same, they are just changing dress!
Dear Sir, aviation turbine fuel is neither petrol nor diesel. It's pure kerosine oil. That's why it is cheaper. All aviation turbine engines are run by pure kerosine oil, called ATF i.e. Aviation Turbine Fuel. Most of the common people do not know this. I worked on MIg-21 fighter in the Indian Air Force, that's why I know.
Thanks and regards.
Thank you very much sir 🙏 👍
In Singapore there was no free sechmes like amma canteen free cooker free grinders and also corrupted leaders like Dayanidi Marran, Kanimoli, and A. Raja
Agreed sir in trading it is very hard to become profitable sometimes we see our P&L in green later when we see Actual statement it’s negative become of all trading taxes. Probability of coming into profit goes very less.
Tax terrorism is very well put,you expressed feelings of so many people
Abolish income tax.. Only keep gst..
This is the best & only video from Mr. Sundar came across by me .
Sundar sir, appreciate your efforts .. GST should be 5% on basic services , services like cleaning, repair, salon from Urbanclap, Nobroker etc.. which really impact gig workers and common man.
Nothing will change in India, it may only increase the taxes further
Difference in India, is biggest tax in India is GST - indirect taxes, meant to avoid taxing the rich.
And again, these taxes collected are distributed unfairly, targeting the better to do states, even though they are not "rich"
Its like paying interest on tax which is already compound tax which calculated on tax which can not be reclaimed or offset
Super Sunder Sir. Super video. Very informative
Well done sir
Very correct PRS Sir... Taxterrorism
Is the GST that you pay for any product or service used by your company, doesn't it fall under cost component and there by exempted from the direct tax?
Sir I very like your videos, please explain about tradex trading account is it reliable as your are promoting their name.
When people earning no one will look into tax - but no one earn in options
I too paid advance tax in March..but end up in loosing money in trading..
Everyone should stop paying tax as part of the protest.
Indian taxation is suffocating.
Thanks for the information provided. Further Akshay Kumar an actor born in India taken citizenship of Canada and he was working here as foreign citizen and saving the tax, now again he has taken the Indian citizenship why ? You are considered as authority to say about disparities of taxation, so we will wait for your video where comparative taxation of different countries will be discussed.
Sir
Can we see that bank will charge tax for every diposit withdrawal ?
Exactly 💯. Middle class people suffering lot.... Well said. Thanks 👏 👌
Many people who are rich they are not paying taxes they are escapin . total of 144 cr people of india only 4 cr people are filling it returns that is main problem sir.
Bhai sahab income tax se desh ni chalta. Koi tax bhare ya na bhare wo koi b 1 rupaye ka Saman kharidta hi to usper tax laga hua hi rehta hi na. Koi b product consume krta hi to us product ko banane bechne transport main Jo Kharche aata hi usper Jo tax aata hi wo Sara jod kr hi end user ko costi g padti hi
To 100 rupaye din ka kamane wala b 10-20 percent tqx bhar hi deta hi
Questio. Ye hi ko govt fa iloty kya de rhe Europe usa se tax maim compare krenge vaki facility kr di kya waha jaise
Aaj ek middle class ka bachcho ko padhane aur tuition pr Kitna Kharche ho jata hi usa europe to ye sab free hi
Rk 50k monthly kamane wale k 2 bqchcho ka school tuition admission fee mila ker easily 10% income ka monthly ho jata hi wo sab alaag se do aur inko tax b do
Sir, yesterday you promised to make video on this latest Mauritilus tax issue introduced by govt recently
Also talk about person taxation - 4/5 months a year we work for Income tax , 2 months for gst, employees middle class have it worst .
In USA even if direct tax is high, they give fre quality schooling to all children in a school district for free up to 12th standard , the roads are good, the basic infrastructure is excellent
Its because of Greedy politicians
Sir
Which is better. Trading in personal account or creating a pvt ltd company account?
How to overcome RBI NBFC 50: 50 rule?
Thanks Sir
For that we have to kick out mainstream political parties
And sir, why US markets fell last night ?
Even state government and central government have tax fights...
u forgot that we have double taxation for Dividend which all ppl are paying. Also the other countries are providing the facilities whic h india does not provide after paying huge taxes, i m sure if ppl makes more money they will surely go to some other countries.
The Government is not even speaking about relaxation on taxes. Even a little salaried person is bound to pay more than 20 % from their salary. And after that this is not the conclusion of taxes he is yet to pay taxes on his every single penny purchase. What a n example of making the people fool... How unfortunate.Did it ever going to an end...
We need tax reforms asap..i wishPr sundar should be made finance minister.
He has said both present and previous govts have taxed the traders a lot . So this is his fair opinion and nothing political about it.
What a shame, that petroleum products have highest taxation in India
The problem is that the opposition leaders are totally useless. Hence the ruling party can take middle class people for granted and keep on increasing taxes without any fear of losing power. It will be disaster is capital gains tax is replaced
PRS is talking what the common man should be talking - capitalism. Instead, common man is talking about religion only.
Who cares about the middle class who pays direct tax? We are only 1 to 2% of the population and we do not vote. We are busy paying EMI and securing our future. Don't think the opposition will come to your rescue.
Sir its the fault of the middle class, especially salaried who blindly support bjp. Why should they care when they already have you in their pockets? Unless middle class punishes these people they will never do anything for us
Fortunately, no taxes are based on caste, religion.
Then they get less tax than now
Government is abolished gift tax, wealth tax etc and increased gst on everything except gold😂😂😂😂
I thought the BJP taxing policy was bad…
Now Rahul Gandhi is saying that if voted to power he will seize wealth and redistribute to aam aadmi.
He has not said that, sanghi.
Aam Aadmi party already has plenty of cash ;-)
@@rohitmadashri7250, only political party that is bankrupt is BJP.
A few are taxed to distribute freebies to the most