Indian govt is removing income tax??

[@pravalsati]

Yup that's the main problem the govt always plans but never executes it 😐😶‍🌫️

[@Crusher925]

Fr harsh reality 😔

[@pravalsati]

Still having some expectations from our PM for a change but generally every govt ignores the sufferings of Middle class people ☹️...

[@ANKIT_080]

​@pravalsati your PM is also part of your government and every single decision taken under his own survillance.

[@pravalsati]

@@ANKIT_080 Bro see i just don't care weather u are with modi or antimodi but still throughout his erra we have seen some significant changes and growth but still there are lots of imperfections that needs to be improved specially in financial sector..

[@Crusher925]

@@ANKIT_080 nah dude we can't do anything about his decisions even though it is right or wrong

[@Tiwari_Anand]

According to me on luxury item adequate taxes must be there. And on toxic items like alcohol and tobacco, high taxes must be imposed.

[@a_boy_called_paras]

Bhai tujhe pta bhi hai kitna paisa aur kitna bada market hai india me tobacco pan masala aur daru ka , usme chhed chaad karenge to log govt udwa denga....jab votes hi daru baat ke aate hai to uske upar tax😂

[@Tiwari_Anand]

@a_boy_called_paras ye hi to problem h hamare desh ki

[@The_Harsh_Truth]

100% tax on alcohol and tobacco. And add another 100% for addicts.

[@qazwsxedc18283]

One nation, one election One popcorn, three taxes

[@qazwsxedc18283]

Cut GST

[@arrowshade]

😂😂😂

[@joejo9599]

Brilliant!!😂

[@gauravdeshmukh5486]

😂😂😂

[@ultranewbie]

Bhai ek hi comment chape jaa rahein ho video ka context opposite hai

[@Sai-u6v]

India should focus on Provide high quality free education. Only then we will grow. Nothing else can save us

[@NormalPerson053]

There is no free lunch Timmy.

[@bineetgupta]

​@@NormalPerson053any developed country has free or subsidised education and healthcare Ye free lunch vala gyan, ladli behen yojna and free bus ride yojna k time diya karo 😂 India me jo critical chig free me dena chahiye usko chod k baki sab nonsense chig free me diya jata hai

[@RedFF111]

Exactly 💯

[@JagdishMaheshwari12]

Automobile 😂 that dog driving 😅😂

[@shreeharsha6709]

😂😂😂😂

[@vanshjain4527]

😂😂

[@karthik8972]

😂😂😂😂😂😂😂

[@Alpha77_77]

Power of thumbnail

[@nithya7407]

😂😂

[@Err_erreee]

Why is it the educated working middle class which has to pay taxes? Why not farmers? Why not those illegal bussinessmen , tax collection can easily br doubled with taxing the people who should be taxed.

[@TejasChaudhari-h3e]

hey bro i know u are thinking like that but if u do some research bro india imports wheat and some grains from other countries even if india has all that raw material grains and all bro u dont know the price of tur was like 12k rs per quintal ok and now its just 7 bro think bro and also farmers have a lot of risk man u dont know how much stress they have the farmers are backbone of our country but they are not getting right rate on there product and also u say they dont have to pay tax huh bro the amonia and also the fertilizers have a lot of tax and also tractors most helpful has more tax than an mercedes so think and coment ok

[@Balkenkreuz-m6l]

​@TejasChaudhari-h3enot the poor farmers, the farmers who farm in large scale, there taxes are pretty low.

[@primeyoru]

​@TejasChaudhari-h3e EXACTLY BRO, I'm a farmer's son and we struggle to get a good price for our crop because modi government imports onions from bangla which lowers deman for our onions, so farming is very very risky!

[@Aa_rush9]

We learn in schools that 70% of our population is in the agricultural industry. Guess how much tax they pay? 0%. This includes big farming corporations, tea and coffee plantation companies that make millions of dollars every year. Farmers earning over a certain income (say >6 lakhs) must be taxed, and watch how tax collection doubles

[@primeyoru]

@Aa_rush9 but the big industries will find a way to evade tax and poor farmers will have to pay tax, farmers should not be taxed at all, cuz one we earned 12 lac in one year but we also earned 1.2 lac in another one. In our farm workers spotted multiple snakes and I also face to face with a leopard 🐆. It's a risky life not like you just throw some seeds and sprinkle some water and you get instant money.

[@mrwant3d121]

I have a few shops near my house who only accept cash only, no online payment, no bill or receipt and they make lacs everyday and don't pay any tax, not only that many general store owners here own multiple lands and still they go and take free ration under the government schemes. No one can fix Indian's mindset of free money and exploiting freebies even though they don't need it, either it be BJP or Congress, they won't be able to fix it anytime soon unless something like China or Singapore gets implemented. And all this attitude of Indians towards getting freebies and avoiding taxes were started and fueled by Congress, now BJP is carrying it on by Ladli behena yojna and such schemes. Bhagwan bhala kare desh ka.

[@aryanoberoi3359]

They should remove tax on income. Impose tax on stuff so that businessmen have to pay tax on any product. It would then wouldn't matter keeping money in cash since either way the items are getting taxes and they would have to pay that

[@tanish9381]

don't buy from them, simple. Buy from someone who does things legally, pays tax and gives receipts.

[@Solomonkane686]

True that. Govt should focus more on capital expenditures and non debt creating capital receipts rather than revenue expenditures

[@vibhutisrivastava2789]

​@@aryanoberoi3359ohho! Genius how we never got the idea to tax on commodities lol!!?😂

[@vibhutisrivastava2789]

​@@Solomonkane686how would they do that?

[@BinaPachani]

Today I saw why people need to be poor or pretend to be poor infront of Govt. They could get hold of all the benifits Govt provides. In hospital person with Ayushman card getting free treatment and a middle class with Insurance (HDFC ERGO) rejecting the claims!!

[@AnuSinwar-n1i]

Either I am still sleeping or tommorow's gonna be a blizzard. 😂

[@ravindrasinwar9477]

Sinwar?

[@mnnsi]

Wow, there is a storm outside my house fr, so i guess

[@avtaar5144]

To those criticizing GST, let me enlighten you: it’s a game-changer. Before GST, we had multiple taxes such as: Value Added Tax (VAT) Service Tax Central Excise Duty Octroi Entry Tax Luxury Tax These taxes often resulted in a tax-on-tax effect, increasing the overall tax burden.

[@sober_soul_1]

Government is just focus on poor class.. middle class is paying taxes for nothing in return…

[@Champion.Gaming]

Earning 15 lakhs per annum definitely don't makes you middle class

[@Mikey63126]

Yeah 15 LPA is middle class. I wanna be middle class too

[@pulsar2977]

Exactly, and the 2.2% taxpayers are all from middle and rich class, who get no services in return. All people in India are basically freeloading on this 2%.

[@Artsy_me100]

Exactly

[@AnweshaSrivastava-d3u]

Us middle class is not even able afford any thing because most money goes in tax paying and are left with only present money which is used in basic needs

[@dheerajn1234]

I don't think so. There wont be any cut in income tax IG

[@RakeshJain-dw7zm]

Only 2% are playing income tax because per capita income in india is too low, and most of the citizens are not earning even to qualify in the lowest tax bracket.

[@yournemesis8232]

they are, they just do not file coz its cash money

[@phs125]

Which is exactly why cancelling income tax would make sense. Those top2% of the people will end up spending more on economy because of higher net income. While govt can just compensate by adding few more things into the 28% GST bracket. Why make the rich pay tax when you can make everyone pay tax?

[@YuukiKagurazaka246]

They just hide it, you saying that the street vendors and tea shops are not earning enough? I've known some people personally who just don't care about income tax since they do small business and it will just go unnoticed.

[@ItsANIMAX345]

#fact

[@devanarayananj1291]

Most of them are faking their income to avoid paying income tax

[@purigoswami4925]

Reason only 2 percent Indians pay taxes is not that only 2 percent earn taxable money but is because rich farmers are not paying taxes, professionals like doctors and lawyers do not show there full income and small business and shops which earns in crores do business in cash.

[@vi950]

Exactly. My classmate belongs to a very rich family, but she's even used a fake income certificate to get reservation seat in our college. Her parents are very rich farmers

[@Catshorts.202]

No one is gonna talk about this topic after talking on this topic then 40-50% indian are getting exposed their annual income will be above 15-20 lakhs approx It's reality

[@abhaypathak6992]

Yes same for Zamindaars and people in the informal sector

[@Aa_rush9]

We learn in school that 70% of the country is employed in agriculture. Guess how much tax they pay? 0%. This includes rich farming corporations, and the rich tea and coffee plantation companies that earn millions of dollars every year

[@sahilml3703]

Remove income tax and tax all the goods a bit more. So by this all people will be paying tax equally. For the poor people like below a certain income make them get a tax Exception card(which can be used in all shops) which need to be renewed every 6 months. Like this the govt will get enough tax and won't be hard on poor people too.

[@pankajtile]

Oh that's a good idea though

[@ambujverma695]

People will get that card with 1200 rupees, Just like they get driving license. 😒

[@sahilml3703]

@@ambujverma695 that's why i told renewed every 6 months for validation where you must produce proof of income every 6 months. It should be only for food and necessities. There should also be a quantity bought limit too so there is no misuse.

[@911abhijeet]

You need to wonder why only 2.2 % is paying income tax. There are many who are earning a lot we have farmers who have income more than crores, road side vendors with daily income of lakhs but none of them are paying taxes. Many business houses are cheating on taxes with help from CA. Govt needs to fix these issues get more people under the income tax umbrella and then even with low income tax rates it will be able to collect the required amount. But it is not happening and we are stuck in the vicious cycle of exemption and removing those exemption again.

[@NewstatePlayer100]

Hmm you are right Squeezing one person is not fair

[@62shrinidhinimbargi79]

Then according to this theory Do u think increasing gst and giving tax relaxation will work

[@abumohammed637]

Government is only interested in taxing more the existing tax payers instead of finding new tax payers.

[@kavinko1146]

This is the reason why govt is increasing GST and giving relaxation on direct tax. Because it is impossible to exactly track profits of small businesses. Whereas tracking GST payment is comparatively easier.

[@Duluuuuuuuuuhbul]

Farmers, you mean rich people buy land and register themselves as farmers. India has highest sucid. rates because of farmers and students deleting themselves because of debt or stress.

[@Shakeel-dg7qd]

India's 2.2% is france 88%😂😂

[@avinashp4597]

And India's free loading population is equal to the whole Europe

[@sandycharan7643]

10.5 lakhs is the new limit as per some other news source. We cannot believe any news till this FM is in position. Curse to Middle class

[@shakirahmed1133]

Yes, we need modiji in power

[@ShubhamSharma-hm3sb]

​@@shakirahmed1133shaktiman hi gangadhar h

[@PrinCess_lale]

Are you tin head or what??? A Finance Minister needs to be educated properly. I would want a Chartered Accountant sitting in that position.😊​@@shakirahmed1133

[@SG-rl3gx]

You are more realistic...The govt which hardly increases 20K in standard deduction will certainly not exempt till 15 lacs

[@Ansh_Arora62]

I think it's a good initiative by govt. And i'ii appetite if they remove tax when you earn or when you get money and take tax when you spend that money or purchase something with that irrespective of your social and economic status it will gradually increase tax collection and also give chance to people purchase more things they want which basically improve gdp growth and purchasing power of people of the nation

[@hc19650]

That's contradictory. Only 2.2% pay income tax yet somehow cutting income tax is supposed to boost consumption? While cutting income tax might help what really needs to happen is cut on GST. Especially for essential items - it should be cut entirely or to low single digits like most other countries.

[@arofficial3344]

Those other 97.8 percent are busy crying about income tax. If you think a bit more, those 2.2 are the ones who really drive the consumption market, relieving them is best move. Benefit to only those who participate not the ones who don't. India is a huge nation, that 2.2 is a bit more than what your are thinking. Not contradictory at all.

[@951sht]

Because those 1 percent or something are the ones who spend. Inequality is so high, if you earn 25k or 30k a mont you're already in the top 10%. Think of it like this the movie with the highest footfalls was still only watched by 12-15 crore people, ie most aren't people commenting on yt videos like this. So, cutting tax will lead to high spending, I myself will be able to spend more of my 7 lpa placement.

[@ShashankDancer-m8g]

GST monitoring is more big of an issue in this country. While the Govt. has began privatisation from quite a long time, Private companies are liable to pay GST for all their In / Out transactions. I'll explain simply - if we order food at any restaurant, we as common public pay extra 5% of total bill as GST. But no1 is actually able to track down if the GST amount recovered from end customers is paid to GST cell of Govt.

[@jackofhearts1414]

What I believe is that 1 out of 5-7 family members earns and pays income tax , so those 2% would actually impact alot of families

[@jackofhearts1414]

​​@@arofficial3344out of those 97% more than 50% are in poverty and don't leave comments , the rest are brothers , sisters , children or other dependent ones of those 2.2%

[@prasannask8320]

Government needs to expand the tax base . Instead of giving exemptions, in addition to existing tax slabs, govt must tax everyone earning above 2 lacs at flat 5% but refund amount of 4/5 of that tax in two years. Effectively people pay just 1% but the amount collected as tax in the end would still be huge as the no of people earning 2lacs+ will be in 100s of crores ,

[@falcon20243]

Do they have the resources to audit that many accounts.

[@prasannask8320]

@ why should anyone showing just 2.5lacs be audited ? It will be when the person says he /she earns 2.5 lacs while govt records say 5lac. Even agricultural income should be based on facts. Right now, one just says so and so amount is from agricultural sources, no need to specify what sources they are. Crores of money with such so called farmers who use that to save on tax. All money should be declared with adequate proof for exemption else it should be taxed.

[@MehtaAyushraj]

if they decrease indirect taxes, that would also help to increase consumption

[@Ayanokoji-h9m]

Thanks for stating the obvious

[@Catshorts.202]

Yes why not remove all taxes including businessmen because they are also indian citizens Before doing this I want to say that plz give me 200 crore and I want to move abroad for a better life plzzz

[@djpatel78]

Indian people go out of the country and pay tax but don't want to pay in India

[@sahilroy893]

Yes, true. But at least you get good quality of life in return. Here it's the opposite. Quality of life is deteriorating. Our cities are filled with garbage and filth, air quality is poor, roads are patchy and pot hole ridden. Don't mind paying taxes at all if my quality of life is improving.

[@pixels6989]

Pvt sector not raising salaries

[@Catshorts.202]

Wow indian ka mindset are amazing Har jagah bolte hai businessman par tax badhao or baad mein bolte hai pvt sector salary nhi badha raha hai Bro koi bhi nation businessman se hi chalta hai na ki salary person se

[@pixels6989]

@Catshorts.202 when business make profits, they need to raise salary. Otherwise, people who have jobs won't spend on stuff to buy. They will only keep saving in their banks. As a result, GDP won't grow if money doesn't flow.

[@Catshorts.202]

@@pixels6989 you are right 👍 but solving this problem is not by standing against businessman like today where most Indian wants to seize the business and distribute the money among themselves This type of behavior is totally disgusting

[@morningstararun6278]

​@@Catshorts.202 Stfu. No one is trying to seize the business and share the money amongst themselves. Stop blowing Narayana Murthy. Indians, especially those who are deeply brainwashed by the western media, think that expecting higher salaries would result in the businesses leaving the country and go somewhere else. No, it won't. In India, only 7 percent of the working Indians work in organized sector, which means only 7 percent of the Indian workers can make use of the Indian labor laws. Meanwhile over 93 percent of the workers are in informal sector. American workers are far more unionised than Indian workers are. The Americans preach stupid ideas to the developing nations, which they themselves never practice.

[@MonkWay_]

Good move. In the right direction

[@alphabetagamma4142]

People earning more than 15L: 💀💀 GST, Indirect taxes: 💀💀

[@NewstatePlayer100]

Hell bro 💀💀💀 10 percent of 15 lakhs is = 1.5 lakhs imagine 4.5 lakhs tax + gst and what not cost and inflating goods 💀💀

[@NewstatePlayer100]

They will be struggling annually with this income

[@ezye97]

Funny how they say “cutting taxes” when people earning 3lpa still pay 18% GST on almost everything 😂 just an illusion

[@imshady42]

@@NewstatePlayer100do you have any idea how tax slabs even work?

[@krishnamahawar319]

That's not how income taxation works buddy. 😂​@@NewstatePlayer100

[@kalmashabeen3287]

The harsh reality is that only corporate employees pay taxes...Rich people or other business people, doctors or other professionals where the transition can happen without directly showing their income so they can avoid this... Corporate employees do not have the option to do taxes will be deducted first, then after they receive their salary.

[@garudfrsh]

Give minority status to 2.2% tax payers and given them some benefits atleast....

[@ananyasain1241]

is This The Mindset We Wanted?? As An Accounts Background Who Studied Economics in Graduation!! The Simplest Questions if We Implement This Will Be There More People's Who File income Tax?? The Ans is:- NO!! So if Government Won't Get Taxes From income Tax Scheme then Where Will it Collect Taxes?? From GST & Vats etcs Of Course! So Will it Help Reduce inflation????? Ans is:- A BIG NO!!! Because Rising in GST & VAT on Petrols will Keep The Rise of Prices of Daily Essentials Will Drive it To More Inflation!! 🇮🇳🇮🇳🙏🙏

[@atiriktajadhav370]

How is it gonna increase inflation(by increasing gst and vat on petrol), explain tht also

[@_SaikatBanerjee_]

Everything is linked with fuel kido😂 transportation cost will increase, storing cost will increas​@@atiriktajadhav370

[@vi950]

Bro this is not to drive more people file income tax, that's a whole separate issue. There are many people who make enough to come under the tax slab but still ivade it using illegal means, we need more regulations there. The main problem here is the high tax percentages. And if they reduce it, it will definitely increase consumption in the middle class

[@Truth-ix1yq]

Relieving these 2.2% would pressure on other 97.8% too and the tax collection would be increased by taking it from commodities from others. Indirect tax from 100% instead of taking direct/ income taxes and middle class (2.2%) who is alone carrying buden of the taxes.. rest business owners just using CA to avoid taxes and road side shops etc earning in lakhs per day paying nothing

[@shivensinghmalik648]

Aren't there like taxes even on pop corn now and also like if your attendance is below 75 percent you need to pay additional tax for that too??

[@falcon20243]

why shouldn't there be taxes on popcorn

[@shivensinghmalik648]

Why should there be...? They are already taking so many taxes​@@falcon20243

[@shauryamalik3713]

Lol that dog😂😂

[@raj_patel_43]

Every dog should watch that video clip

[@joshzz28]

he doesn't have to pay taxes that's why he's so happy 😂

[@karthikgowda6703]

Few people call themselves influencers and but til influence sell themselves without thinking about country. These politicians won't do anything.

[@AryaD.]

Lets see what really happens to help us!

[@nikhilestate2088]

It's all related with the coalition political seat buyout, owing to inflation. Mind you people will still not spend that much if basic requirements are getting costlier every month

[@Ayanokoji-p3f]

I don't know how some people are not even able to earn more than 2 lakhs in our country like my mom left teaching 6 years ago and just last month prepare for the interview just 1 day before for "primary classes" and she started earning 2 lpa. She is working cuz she got to bored just sitting home not even like struggling financial so that it's really important. Like are people that uneducated in our country ???? really?

[@ujwalachaudhari5804]

Go outdoor and find out

[@LiberatedNotes]

Yes you answered your question. Education is a privilege in India

[@niharikaroy2414]

Start preparing for UPSC and you will know

[@nikhilverma2647]

Very hard to believe. 💯 There will be some sort of catch.

[@nisarbasha1477]

Decrease income tax, increase gst

[@Catshorts.202]

Bro indian citizen road par chest pitne lagenge Because we love freebies 😅😅

[@DimensionIsPlaying]

Why did you show that clip while takling about automobile 😂😂

[@shahankhan7685]

I am always critical of the government but this will actually work

[@arofficial3344]

Always? But why?

[@shahankhan7685]

@arofficial3344 because I can think critically and have friends from various socio economic environment and travelled and live in different parts of the world mashallah. Not always critical but basically I don't know how we will become a global power without improving our education system.

[@arofficial3344]

@@shahankhan7685 we will see, its easier to put theories based on assumptions than to actually notice changing realty.

[@NewstatePlayer100]

And have fun with Heavy already big gst and other cess fees surge

[@KejriwalBhakt]

​@@shahankhan7685Education system is not something centre can do it alone since it's not in concurrent list. Every state has to come on same table. You can't convince states for mere NEP and you think they will agree on one educational policy? Impossible.

[@Ankitcse913]

increase income tax but remove tax from daily life goods like vegetables, grains, salt, sugars,popcorns,etc

[@Shmi-u2u]

That's why govt is taking tax of 100 percent population from these 2.2 percent people😢

[@zenneosen1]

This information had been passed around so many times. But nothing comes out of it, the tax cuts stays the same.

[@uttarandhar5566]

When only 2.2% of the adults are paying taxes, how can it be a big break through if the govt cuts taxes?

[@abhaybhatti1699]

Those 2.2 % pay 18% of total government income

[@uttarandhar5566]

@abhaybhatti1699 then a big break through would be letting go a big portion of direct taxes.

[@Immortal10364]

MOST OF THE TAXPAYERS ARE FROM TIER 1 CITIES LIKE MUMBAI PUNE DELHI BANGALORE HYDERABAD CHENNAI KOLKATA ETC 🇮🇳😎🥰❤😍

[@baba36369]

Only 1.6% of India's population pay INCOME TAX , instead GOVT should reduce their INDIRECT TAXES AND EXCISE .... Then only the Country will save some money in their pockets ... resulting in more Spending .

[@dineshg2407]

I do not expect this to happen.

[@rajkumarlakolekar281]

Dear they never do this irrespective of any govt. They will cut only for the new regime not old regime.

[@satyabansahoo1862]

Highest tax collection from direct taxes are from those 2.2%. So relieving them is the best decision. 👌 GST collection will increase

[@bhagyesh_knowledgecity]

Take farmers in the tax bracket, whose income is more than 20 Lakh, this will increase the tax payers numbers.

[@JustinSam1995]

If they cut income tax they will increase gst it's common sense govt needs money

[@kaderkhan7566]

Needs money for nothing in return 😂

[@mrbme]

Yes it's common sense...I don't understand y indians are behaving as if everyone are paying income tax🤣 No income tax till 15 LPA means only 1 percent of India pays tax..it means there will be higher indirect tax nd 100 percent India will face it... Lower class and below middle class are literally fucked up.

[@venkteshthakur4896]

Zombies are the burden of India

[@kunal_3949]

😊Nirmala😊 in public :- Going to reduce income tax so you can enjoy PoP Corn 🌽. 😈Nirmala😈 Behind the door with his assistant's :- Jo dikhe uspe tax lagao , PoP Corn ko bhi mat chordna💀💀

[@astergaming9606]

They need to cut gst rate instead of income tax as gst affect everyone And gst cess on cars should also be removed

[@PangavePra...]

''What the dog doin?''

[@sahilwadhai6269]

India has too much indirect taxes 😭

[@bhavyakjain]

I am 100% sure this won't happen In fact I won't be surprised if a higher slab is introduced or capital gains tax is increased or anything similar

[@arofficial3344]

Betting your life on it? Its 100% you will win, Right.

[@AaronMetallion]

If India does this, maybe NRIs / Indians with wealth will consider moving or investing in India. I'm Indo-Canadian, earn in dollars, and I myself have moved back to Goa. I'm still not yet taxed (because of 2-year RNOI status), but when I do, I don't feel particularly optimistic about it. There's still no garbage collection / disposal, no proper recycling, no uber, still power outages... Only road infrastructure has improved. People who have money are staying tax free by going to Dubai, Kuwait, and other tax free jurisdictions, or staying in India for no more than 6-months. How is the economy going to grow & GDP going to rise when the ones who have money leave and go abroad because the incentives of remaining in India are grim? High tax, INR falling at ~6%, gdp falling, investments / stocks falling.

[@taruns5584]

How will they make money then??

[@deathlordgamer3749]

Gst, Cgst, cess, till tax and many more. Thier primary source was always indirect tax and never direct tax.

[@blaze4229]

First Rule: Don’t trust Reuters, WSJ, Al Jazeera, BBC as a reliable source.

[@shashwatkr]

Yeah, and blindly watch aaj Tak, times now, republic and other trash, right?

[@blaze4229]

@shashwatkr I don’t even consider them as sources. I prefer to rely on non-mainstream and unbiased evidence based sources.

[@mr_animesh]

Automobile ke liye aur koi vehicle nhi mila hai.... The epic dog driving 2 wheelers 😂😂😂

[@imran4006]

Is it for Real or just a Gossip??😵‍💫😵‍💫

[@SurajKumar-ln8ij]

Imagine increasing tax rates on top of evergreen rising global inflation then wondering why indian economy has slowed down😂

[@arkajyotimitra]

I was thinking about this for for months....what a co insidense....

[@SunnyChoudhary-k5k]

But 100% complains about income tax like they paying huge sums themselves.😅

[@shashwatkr]

Well it’s a proportion of their income, which is taken as tax. You’ll be pissed too if you had to give 30% of your income.

[@Lakshya_Plays_Minecraft]

Ineqality is the real issue here 6% of the wealth is owned by half of the country which is more people than all of europe and adani alone owns 10% of indias wealth and the top 1% of india owns 44% of the wealth

[@AnilKumar-wl3li]

Yes very true Govt is considering Tax exemption upto 15 lacs.....to compensate, similar tax slabs have been created on popcorn

[@tharshnyg457]

Income tax is alright … but we need to change the rate of gst , customs , and all other extra tax stuff , we're paying tax for every single thing technically . Low salary workers would feel the ease if prices drop a bit low ( Completely my own opinion , correct me if I'm wrong)

[@ramachandrasrinivas4511]

There are unknown number of citizens who make more than an IIT’an and get away without paying taxes as it’s all cash transactions. Nothing goes into the bank or any system which registers the inflow, which is obviously leading to unwanted taxes on the middle classes who are now entering the lower middle class status

[@ThrowNinjaStars]

BJP is the only right wing government that increases taxes, unlike the republicans. Slowed growth is the fruit for the seed you planted.

[@NormalPerson053]

Bjp economic policy is socialist or some might have to be socialist because it's the culture of India. Stupid culture I would say. But any party that is not some what socialist cannot win election legally and illegally by unrest. Remember bro commie china and Vietnam opened there markets before us . We opened it when we were in the brink of bankruptcy. And still our first instinct to any problem is look for license Raj for help and politicians who promise everything under sun. It's ingrained in us.

[@NormalPerson053]

And also this left economically culturally right is most common. But intellectuals don't want to accept it.

[@NormalPerson053]

India is FUBAR. 😢

[@tuhinfrags]

I keep saying that always. Just remove income tax, cause other taxes are included in literally every item we buy. So everyone is paying tax anyway.

[@myutubehemant]

it is not about the income tax rate or slab on earning, It is about what we are getting in return. Comparing it with EU countries, USA, Canada like countries, tax goes up to 52% ( which is ofcourse too much) but in return, they get free health care system, free education, free transport for kids and huge discount for students and elderly people. Better infrastructure. On top of everything, safely and security. Comparing to India, it appears to be a loot on people's pocket. Here I am talking about direct benefits to the tax payer. Due the lack of that facts, people are always trying to save tax.

[@vaibhav07]

Only 2.2% paying income tax doesn't mean that only 2.2% are making above taxable income.

[@MacMickey]

It's not about the economy, it's all about the votes, that actually matters most...

[@sailakdhar8893]

Now more than inflation I am concerned that the dog is driving the motorcycle 😂

[@harsha2219]

As per official data 7 crore people filed the tax returns; if we consider 4 member family its actually 25 cr people already - because I see them 7 crores as roughly 6 crore families where we will have father as sole earner; As we are a agro based economy in rural India; from the tax laws it self we give exemption on Agriculture income ; we by default exclude them to pay- so roughly 40 crore people ~ 10 crore families of all the states in our country; And 40% population are under 25 years old; In our law we give provinces to SME companies, MSME and others ; where almost everyone should register in GST and submit those. Now tell me where the hell is this 2% is coming? Are you guys don’t understand the demographic and statistics? govt know this data and act , to take more tax from common man this story of only few taxe payers been floated; I agree there are people take cash payments and make black money? How is that number 98% ? 😂

[@vaibhavrajput6084]

1st. Income tax on income 2nd On every product u buy 3rd Numerous taxes on home/Car 4th Tax on health insurance 5th If somehow u managed to save money then pay Capital gain tax on that savings 6th Road tax loot on tolls for pathetic roads. Soo thats why indians try to save tax Its not bad i would say because what government will do with our money? Giving freebies like a santa to everyone for the sake of votes??

[@nirmit1298]

Not paying tax is India's biggest problem in the economy. It's a big shame 1.4 Billion people and tax payers are less than 3 crore. Why other countries are more developed and rich and stable because everyone pays tax

[@manavspolia]

India needs to expand its tax base while keeping taxes minimal, whereas opposite of it is being implemented in India, that is taxes are so high and people paying those taxes are much less in number

[@insaneopinions]

They had to cut income tax. Not only daily spending but, necessary electronics are also expensive due to taxes. Example: My under ₹10k phone that I use had more tax in gst than my old 41k INR laptop in vat. Phones have to be changed every 2 years no matter the brans because they start having problems due to degrading silicon, they should have low taxes below a certain price point. Just like this a lot of electronics need to be changed regularly. The price adds up.

[@smitpatel9995]

It's gonna increase corruption. One of my friend's father's income was 20 LPA+ and he still got eligible for a scholarship with a criteria of 6 LPA or less. Because he showed around 4 LPA of income.

[@mustafahararwala2154]

I don't think this move will increase the economy because most of the Indian people are the Middle class so the Income will be not affected and expenses are still with GST...

[@vaibhavgangakhedkar138]

2.2% of what age group should also matter. If India has a good chunk of the population in non earning ages, (1-21 & 65+) then comparison isn't fair. A better way to look at it is compare the tax contribution by age groups.

[@NiaMarco01]

IT employees including myself takes a huge burden as our tax is directly deducted from our salary. Due to inflation we are already paying high amount of interests in EMI of house loans or other types of loans. Even though our ctc is above 20lpa, due to tax deduction the amount comes down to 15 lakhs and out of that 15 lakhs, you have to pay your house loans and all kinds of expenses. No matter how much you earn, you will never climb up because the government will always keep you at the same level for constant money flow.

[@JaiSiyaRamjii]

Finally Nirmala Tai gonna Wake up 😐👏👏🤧

[@lucifersamaelmorningstar1]

We always talk about how only 2% of Indian population pays income tax which is an absolute joke because most of them hardly earn 20k salary per month

[@reeeeel2858]

I have seen street vendors near my office earn 3-4 lakhs per month after expenses,they don't pay any taxes

[@SuperSuneel]

This is the biggest strategy to lure the Indians to shift from old tax regime to new tax regime

[@AtharvChaturvedi007]

The fact that it is mostly the salaried people that pay the income tax as the head "Income from Salary" cannot be negative and you would definitely have to pay income tax on that. Businessman and people earning from house property can set off their losses ( current assessment year as well as carry forward losses from previous years) with the incomes from these heads. In brief : Income tax in India is mainly paid by the middle class on top of the godforsaken GST on every product ever made

[@Sir_Realist]

No Income Tax till ₹15L will be a big boon for the middle class. Also ₹2K per month for struggling poor families would help them survive. Got to make up for the shortfall in taxes (minimal) and increase in spending.

[@aliveoceans]

That's a trap for the people showing under taxable income. With this move, people will start showing upto 15L, after few years government again change structure. By then govt will know actual taxable people.. or may be I am wrong..

[@NormalPerson053]

Cut spendings, cut taxes[as a whole]. Free the Markets stop protectionism and welfare for rich and poor. These are the economic demands of middle class but our middle class is busy fighting in identity politics

[@mihirtechneer4377]

Procedure of Income Tax in India is very complicated. Fast Food vendors are earning in 1 crore per year and no Income tax paid.

[@erosnyx8521]

Govt. Should plan to Exit indian politics to ease the people living in India.

[@break147]

In most economies people who earn even a penny pay taxes. Tax brackets starts from 0$ while having minimum tax rates. If you want people to contribute you have to take tax from each category rather than just putting 2.2% people in misery.

[@bhagathsingh9715]

Yes thats the first thing that Nirmala Tai must do... Save the salary class to save the - ss

[@AayushSharma-lr9tj]

One nation, one popcorn without salt without caramel is going to cut tax sounds too good😂😂

[@rishabhvyas6564]

More than 80% population of India earn less than 3lakh/annually, per capita income is very low and inflation is high, but nobody talking about middle class, companies and their Ceo's earning more and more but employees got nothing, no matter which government in power they just not for us... Now only matters, how you survive.

[@amitjackmit4555]

You yourself said only 2% pay income tax and majority don't even make to qualify for 2nd or 3rd slab anyway. So cutting off tax won't help, bcoz GST is killing everyone. Don't spread lies if you don't know what you talking about.

[@Friend_forever_Pure]

In dreams .... Everytime rumours and this type of news is spreading and in budget middle class will never ever have benefits. 😭

[@blazingcorner8682]

Govt should Focus on betterment of facilities more than cutting of taxes