What Indian Taxpayers Want From Modi 3.0’s First Budget | Firstpost Tech & Trade

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What Indian Taxpayers Want From Modi 3.0’s First Budget | Firstpost Tech & Trade
India is eagerly anticipating its 2024 Budget, with over 93.7 million taxpayers hoping for tax cuts or incentives. The full-year Union Budget 2024-25 will be presented on July 23rd by Finance Minister Nirmala Sitharaman. This will be the first budget of the Modi-led government in their third term and the seventh Budget presented by FM Sitharaman. The new budget is expected to address various income tax expectations, including rationalising the twin tax regimes, standard deduction hikes, and changes in the basic income tax exemption limit. Additionally, there is a call for changes to capital gains tax and extending housing-related tax breaks. The middle class, in particular, looks forward to relief measures that could boost disposable income.
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Пікірлер: 249
@vinayc
@vinayc Ай бұрын
Skip taxes up till 10 L 10% up till 20L 20% up till 30L 25% post that There is already insane gst which everyone is paying for every damn thing.. avg gst is 18% 😢
@tamilvendans4892
@tamilvendans4892 Ай бұрын
Avg gst is 10 btw
@vinayc
@vinayc Ай бұрын
@@tamilvendans4892 even then, almost 30+10=40% is gone to govt!! While 95% of the country pays only 10% because they are not in formal tracking of income hence no income tax..
@akhilkrishna1148
@akhilkrishna1148 Ай бұрын
Then inflation automatically increases, borrowing cost increases, economy collapses😅
@Hussainpiplodwala
@Hussainpiplodwala Ай бұрын
Most of the products have 18% GST ​@@tamilvendans4892
@myselfyuvi
@myselfyuvi Ай бұрын
​@@akhilkrishna1148why it didn't collapse after giving tax break to UHNI ?! Their surcharge was reduced from 37% to 25% last year imagine how much money that would be and how many families could get a boost with that money split equally!
@jashsudip
@jashsudip Ай бұрын
I trust this FM,she will give us smile only, not tax relief
@chaitanyas1440
@chaitanyas1440 Ай бұрын
worse govt , worst FM
@Kanpur04-ak
@Kanpur04-ak Ай бұрын
​@@chaitanyas1440worst FM not government
@chaitanyas1440
@chaitanyas1440 Ай бұрын
@@Kanpur04-ak so do u think FM will take decisions without modi ? She just implements what their govt need, She is financial face of the govt and the worst of all is she is arrogant that makea her double dangerous
@stevenlai1199
@stevenlai1199 Ай бұрын
Jai hind ​@@chaitanyas1440
@Iamprotrust-di6bn
@Iamprotrust-di6bn Ай бұрын
​@@chaitanyas1440FM minister might be worst but not the government.This government is far better than others
@ranitsen4491
@ranitsen4491 Ай бұрын
No wonder people who get onsite opportunities never return. You pay 30 percent tax and get absolutely nothing in return.
@pranavvenugopal2609
@pranavvenugopal2609 Ай бұрын
Dude we only pay 22 percentage of the national income as tax....considering the fact that we can't print rupee like dollar unlimitedly, it's unreal to expect such unsustainable proposition to be practical....unless you want inflation
@FutureAITrend
@FutureAITrend 28 күн бұрын
@@pranavvenugopal2609 do you see any advantage in paying high tax ? This year RBI has huge surplus dividend , they can easily reduce and must reduce as I don't see any advantage , roads are the worst in my locality ,no garbage disposal , public transport like train is getting worse , why should we pay huge taxes I paid 6 figure tax this year. Tax system is just like Lagan of older days , give money to government to just exist .
@pavilionhp-jx6do
@pavilionhp-jx6do 27 күн бұрын
@@pranavvenugopal2609 no it go upto 30% if we include indirect tax also which is paid form money from which you have already paid income tax ( direct tax ).
@pranavvenugopal2609
@pranavvenugopal2609 27 күн бұрын
@@pavilionhp-jx6do no it is 22% of gni
@Bhairavvvv
@Bhairavvvv Ай бұрын
Indian govt taxes people like sweden and provide services like African countries 😅
@madhukoli6481
@madhukoli6481 Ай бұрын
NO, Afghanistan like services
@kishorrit
@kishorrit Ай бұрын
​@@madhukoli6481 a little too much to compare India with Afghanistan 😆
@garygeorge-wi7co
@garygeorge-wi7co Ай бұрын
Indian taxes are nowhere near Swedish taxes.
@prime6485
@prime6485 Ай бұрын
@@garygeorge-wi7co then you pay taxes bro don’t force us to support this taxes regime
@Bhairavvvv
@Bhairavvvv Ай бұрын
@@garygeorge-wi7co cgst , sgst, income tax , property tax etc a lot of indirect taxes , isn't that too much?
@vinayc
@vinayc Ай бұрын
Increasing limit by 50k is peanuts considering inflation for last 10 years where budget has hardly improved!! Even expecting this peanuts becoming a reality is a dream come true.. how pathetic is the situation of middle class tax payer 😢
@jesc4326
@jesc4326 Ай бұрын
what inflation are you talking about? is your information from whats app university. inflation is going down in india!!! get your FACTS correct. check 3:45 from this video , get a good look at what has changed in the past few years , and 50K might be peanuts for you but its 2 months salary for a middle class indian !!! come out of your BMW and talk.
@samuelgeorge3823
@samuelgeorge3823 Ай бұрын
50K exemption when added to 30% bracket means just 15k or 1000 appr per month which is too littel
@ghoshbiman
@ghoshbiman Ай бұрын
This FM has never done anything for the salried class, and that is not going to change anytime soon. The worst FM in our history.
@ravimtts
@ravimtts Ай бұрын
Not only this FM, no FM or government has done nothing for the middle class and salaried
@pranavvenugopal2609
@pranavvenugopal2609 Ай бұрын
​@@ravimttscos it's not possible 😂
@shaktipatnaik5091
@shaktipatnaik5091 29 күн бұрын
Sitaraman is the most shrewd finance minister that India has ever witnessed.
@rgnandanshetty2950
@rgnandanshetty2950 Ай бұрын
They need to stop charging 28% gst for splendor buying guy and 5% gst for the guy who buys chopper….do they think we live in autocracy to loot low and middle class people!
@myselfyuvi
@myselfyuvi Ай бұрын
Yes they do!
@pranavvenugopal2609
@pranavvenugopal2609 Ай бұрын
Seriously? Who buys a chopper....😂
@sanjaymore221
@sanjaymore221 Ай бұрын
@@pranavvenugopal2609 Chor Neta
@pavilionhp-jx6do
@pavilionhp-jx6do 27 күн бұрын
these days people who just ignore what government is stealing from us . if we are not getting our money back then this is clearly a scam
@shashikanthnaik6811
@shashikanthnaik6811 Ай бұрын
Earn less if you don't want to pay any taxes - Nirmala Sitharaman
@amalkrishnar1154
@amalkrishnar1154 Ай бұрын
😂
@riteshraj998
@riteshraj998 Ай бұрын
😂😂🤣
@Zardy_OG
@Zardy_OG Ай бұрын
or be billionaire
@shivamkumarshrivastava5182
@shivamkumarshrivastava5182 28 күн бұрын
@@Zardy_OG Or become BJP karyakarta.
@pixelirk
@pixelirk Ай бұрын
To be honest, this govt has done a lot for the countries development, but taxpayers have always been ignored. we are not a vote bank.
@yrheuw9515
@yrheuw9515 Ай бұрын
But we are a ATM for the government tada da dum :)
@Kanpur04-ak
@Kanpur04-ak Ай бұрын
Only 2.7% of the population pay income tax i.e middle class 😢
@garygeorge-wi7co
@garygeorge-wi7co Ай бұрын
The country's poor must have free ration and people who can, must pay tax.
@pranavvenugopal2609
@pranavvenugopal2609 Ай бұрын
​@@Kanpur04-akwhat about indirect taxes? That would make it 100 percentage tax payers ok
@Kanpur04-ak
@Kanpur04-ak Ай бұрын
@@pranavvenugopal2609 10 lakh crore from income tax 19 lakh crore from indirect tax
@heptagrammar21
@heptagrammar21 Ай бұрын
If there are five family members in a family and there is only one earning member the income should be equally divided among the five members and taxed accordingly. Because per capita income drops if there are more family members and less earning members.
@ushapriyaab6391
@ushapriyaab6391 Ай бұрын
Dr Subramanian Swamy has been saying that india should be free citizens from tax burden and there are ways to run govt
@ay9523
@ay9523 Ай бұрын
Wo pagal h isliye usko dhng ki position ni di ajtk…
@Adi-oc2hd
@Adi-oc2hd Ай бұрын
Us budhe ko Modi ne cabinet seat nahi di us din se vo sathiya gaya h
@natureyasha
@natureyasha Ай бұрын
​@@ay9523 No he his talet hardly how much they collect as tax? If they increase gst percentage they can manage and collect more tax
@NN_1515
@NN_1515 Ай бұрын
Agree, He has some pretty good inputs.
@garygeorge-wi7co
@garygeorge-wi7co Ай бұрын
Swamy says abolish income tax, put more money in people's pockets. make them buy more and take GST from the goods they buy. Not a bad idea.
@gokhalem
@gokhalem 29 күн бұрын
People voted Modi got taxed in 2014. Still voted and got heavily taxed in 2019. Now let's see. I don't see any light at the end of the tunnel. We have to change this government.
@ketanparikh4794
@ketanparikh4794 Ай бұрын
I very doubt as usual nothg relief will happen in any or future budget, on one hand even if thy give relief on another thy will tk double.
@mandarp9472
@mandarp9472 Ай бұрын
1) 5% Tax till 10 lakhs 10 - 20 lakhs - 10% tax 20 - 30 lakh - 20% tax Above 30 lakh - 30% tax. 2) Ayushman Bharat scheme should be expanded to every citizen with a cover of 10 lakhs. 3) Every City/ district with 10 lakh population should have AIIMS hospital 3:09
@raghuveerdendukuri1762
@raghuveerdendukuri1762 Ай бұрын
As a common man, my expectations are in the lines of, 1) discussing and piloting Non-Cascading Transaction Tax Proposal, as comprehensive alternative of income tax, GST and property tax 2) huge budget allocation on infrastructure 3) increased budget to military technology renovation 4) increased budget toeducation 5) increased budget to quality healthcare and to insure health to all indian citizens and residents
@Parasuram5
@Parasuram5 Ай бұрын
Why no standard deduction for retirees who have no pension and survive solely on interest of their meagre savings. When will our Sadistic FM realise that she is accumulating curses of the elderly like Arun Jaitley did.
@mapa5497
@mapa5497 Ай бұрын
They have. 80TTB for 50,000 Rs
@MOHAMMED-gi2uh
@MOHAMMED-gi2uh Ай бұрын
Most of them want relief by removing her from FM post
@umeshvarade519
@umeshvarade519 Ай бұрын
We should adopt the tax is only on consumption and not on income. It will boost the consumption as well as manufacturing. Near term we will see the spike in inflation but once our manufacturing increases then we will be in good shape. That way we can also boost our manufacturing sector.
@Kishorepavuluru
@Kishorepavuluru 26 күн бұрын
Well said
@bharathudukasturi704
@bharathudukasturi704 Ай бұрын
Dear Sir/Madam, 1) No Incometax upto 10 lacs. 2) SENIOR CITIZENS Incometax rates after5%, It is 20%, it must be 10%. 3)Salaried Community is paying Incometax sincerely, they Required much more benefits, llike more deductions and exemptions and Standard Deduction must be 1.5 lacs. 4) Capital Gain Tax on Shares , Equity.. etc., must be removed. 5) Concessions to Senior Citizens and Lasdies in Railway Tickets,must be Restored and give to all classes as did by Sri Rajeev Gandhi. This will have impact on comming Assembly Elections. 6) Dividend income on equity shares mist be removed in respect of Individuals.
@SUSHGOVIL
@SUSHGOVIL Ай бұрын
The tax slabs of old regime shown by you are INCORRECT
@n4naveeen
@n4naveeen Ай бұрын
If a salaried individual is paying taxes, he/she should get the following benefits: > Above 2.5 L taxes - Should be eligible to get all government services without queue and without any fees. Eg: PF office, Post office services, DL renewals, property registration, property tax, fuel surcharge, medical insurance of Rs.5 L for the tax payer etc. > Above 5 L taxes - Few additional services apart from the above list. > Above 10 L taxes - Few additional services apart from the above two brackets. If the services are good, it will increase the number of tax payers too generating more income for the government. And, as part of new budget - please start taxing all the government employees, MLAs. MPs too. If I am not wrong, an MLA/MP's salary is 2.5 lakhs per month. So, he/she should pay the taxes too.
@anh793
@anh793 29 күн бұрын
Atleast double the 80C exemption if tax slab not changed
@noclicheplease
@noclicheplease Ай бұрын
I applaud the media and the influencers for adding the immense pressure on our FM about this whole tax thing. At the same time, I admire our FM's work & courage(but still I sure wouldn't wanna be in her position right now). This is how democracy should work. Free press speaking out the voice of the people, and the leaders who have obligation to listen to that voice. Whatever is the outcome, I am sure she would have had enough reasons to come to that decision. After all, it is not just her who is working BTS. She must have weighed in all the options presented to her by her team.
@jagathjayakumar3145
@jagathjayakumar3145 Ай бұрын
1.Govt should cut price of Diesel and petrol about ₹ 10. 2. Reduce Gst of Mobile Phones and Home Appliances like TV, A/C etc. 3. Reduce Vehicle Gst. Promote Hybrid cars and Electric cars. 4. Increase train services and increase train coaches for ordinary people to travel. 5. Toll Booth charges should reduce. 6. Invest more money on employment, health care, Higher education, Tourism, Hospitality, Public transportation and Waste management. 7. Govt should increase to build new house for bpl people
@Greek-b8y
@Greek-b8y Ай бұрын
Petrol price should be at 80rs...
@avinashsakhreliya
@avinashsakhreliya Ай бұрын
Petrol price should be 130 rs. and diesel price should be 60 rs. That only help to reduce all daily essential prices.
@rtrohittyagi
@rtrohittyagi Ай бұрын
Upper class figure out ways to evade taxes. Lower class exempted. Why do middle class suffer?
@Swamy202
@Swamy202 Ай бұрын
Vegetuble tax 8 % gst Medical TaX 12% gst
@parasharp28
@parasharp28 Ай бұрын
Include ascertaining how many dependant are there before calculating income
@HARSHDHV1
@HARSHDHV1 Ай бұрын
I have a bad experience during last 10 years. 1. Deposit interest has come down. For a retired person every paisa matters. 2. GST is imposed on packed rice atta, clothes, banking transaction, life insurance premium , even on the application form for applying jobs , on almost everthing. 3. Lpg cylinder costs double as the rebate came down from Rs.450 to Rs. 61. 4. When crude costs 80 dollars , petrl cost was Rs 80 per litre. When crude price was 25 dollars benefit was not passed on to customers. In stead eindfall tax is levied on oil refining companies. Cost of dal dobled in 10 years . Millets cost has gone up by 200%. Rly concession airlines conession have gone. I HAVE NOT COME ACROSS SINGLE BENEFIT TO SENIOR CITIZENS.
@amaljose1704
@amaljose1704 Ай бұрын
😂 no one cares. Jai modiji.
@anandraavi6242
@anandraavi6242 Ай бұрын
Income Tax is very high now. Decrease Income tax. Standard deduction should be 1,00,000. No Tax on interest income for Senior Citizens should be upto Rs1,00,000 and it should be extended to new regime also.
@aprajita.makeup.film.dramaa
@aprajita.makeup.film.dramaa Ай бұрын
Team, beautifully elucidated! You made it so comprehensible!🤝🏽🙌🏽
@Abhibee4018
@Abhibee4018 Ай бұрын
There is no such thing called 😂free lunch
@rohithiyer2002
@rohithiyer2002 Ай бұрын
They are available only if you are privileged and belong to reserved category while general merit continues to pay patiently their share of tax...
@borlongkironghangh3291
@borlongkironghangh3291 Ай бұрын
Reduce Taxes from poor family in India, we dnt have our food to eat, so how to pay such high taxes to govt. From Assam Karbi Anglong.our wages is very less only rs 300 perday but the taxes is very high to give.
@garygeorge-wi7co
@garygeorge-wi7co Ай бұрын
You do not pay any tax up to three lakhs per year income.
@nishantmishra9679
@nishantmishra9679 Ай бұрын
Are you pointing to GST? Or direct tax?
@borlongkironghangh3291
@borlongkironghangh3291 Ай бұрын
We gives like both taxes, example, during filling a petrol, market goods, recharge our mobile phone etc, everything become high rates.our income is less but our giving is high not balancing.
@garygeorge-wi7co
@garygeorge-wi7co 27 күн бұрын
@@borlongkironghangh3291 If you do not pay taxes, how on earth governmnet will give free rains to the poor?
@hemantsadawana3067
@hemantsadawana3067 Ай бұрын
Are we gonna see change in tax brackets this year for sure? I hope so
@msdolly6101981
@msdolly6101981 Ай бұрын
Don't expect
@samikshasharma3380
@samikshasharma3380 Ай бұрын
👏👏 Good Job Vikas
@manojar2944
@manojar2944 Ай бұрын
This is a country with rich governments and poor people and that says a lot about our tax regime
@ShalainderSingh-ig4uf
@ShalainderSingh-ig4uf Ай бұрын
GST should be brought the level of 20 percent below
@YourRightSide
@YourRightSide Ай бұрын
Deduction limit is 1.5 lakh for so many years where expense and inflation has surpassed its 5 years back. It needs to changed also.
@ay9523
@ay9523 Ай бұрын
Yaa she will show us babaji ka thullu… Indian middle class is seriously fed up of 30% tax slab with extra gst on everything with toll tax with registration fee n a lot of other form of tax 😡 I do support bjp for nationalism but now taxes going beyond us
@Kanpur04-ak
@Kanpur04-ak Ай бұрын
Not everyone paying 30% tax
@Ajathashathru-u8o
@Ajathashathru-u8o 28 күн бұрын
​@@Kanpur04-akwhat about indirect taxes ??
@Kanpur04-ak
@Kanpur04-ak 28 күн бұрын
@@Ajathashathru-u8o everyone pays income tax- 12 lakh crore GST- 19 lakh crore
@rekhaagarwal73
@rekhaagarwal73 Ай бұрын
Middle class be allowed to claim up to 20% of GST paid by them for their daily FMCG products if they upload GST invoice on their PAN .This will improve GST base also in addition to give targeted relief to middle class .
@Sajuv95
@Sajuv95 Ай бұрын
The taxe rates shown under old regime is old rates of new regime. There is no 15% or 25% slab in old regime. Use your resources wisely.
@rajanrg
@rajanrg Ай бұрын
Waste of time. In the history of independent india since 1950, FMs are there only to break financial backbone of middle class only and they will not touch upper class while poor will survive anything. GST is too much especially on Health Insurance premium at 18% etc. Nothing will come for we middle class. I put the comment without viewing or hearing the video
@Hussainpiplodwala
@Hussainpiplodwala Ай бұрын
Gst Should be max 10% and should be super strict in implementation...income tax max slab should be 20% and should be super strict in its implentation too...
@SuryaMantha
@SuryaMantha 26 күн бұрын
Average school fees per child is 1lakh..so a minimum of 2 lakhs are going in to school without any benifit for taxpayer
@Enigma2042
@Enigma2042 Ай бұрын
Govt should reduce no. Of gst slabs to just 5, 12 and 18 and revise the contents to make it easy for general public. Common sense tells helicopters should be charged more than cars and AC’s but we have such a govt where it’s the opposite. And y is health and life insurance a necessity being charged at 18% . Is the govt giving any subsidy to tax payers?? None right . So y can’t u at least reduce taxes on essential items for gods sake. And income tax slabs has to be revised or else be ready to face a decreased economic growth due to decrease in consumer spending. Common sense says that if ppl are struggling to make ends meet with rising inflation they will not have money left to spend thereby decreasing the gdp by consumer spending , so only way to change this is by reducing tax rates , but idk what the govt is thinking?? its like u ppl want us to be angry and dissatisfied with u.
@gsstudio9752
@gsstudio9752 27 күн бұрын
Today i paid tax on water bottle....in future air and water will be taxed if things go like this ....
@mruthyunjayasiddalingaiah7489
@mruthyunjayasiddalingaiah7489 Ай бұрын
The Best way is to go for Bank transaction tax instead of IT
@abhijithvm3166
@abhijithvm3166 Ай бұрын
I feel that the new budget mostly covers the area like infra education. Mostly I think infa they build more roads compare to last year so they spen huge amount that's and also railway. ASHAVANI VAISHANNAV HAS ONE SAID LIKE THEY HAVE A PLAN TO DEVELOP NEW STRATEGY IN RAILWAY SO I DONT HOW MUCH EFFECTS OUR BUDGET.
@prasantasarkar3837
@prasantasarkar3837 Ай бұрын
Nothing will be done by this Govt.as we have seen for last 10 years.
@sethuramaan9647
@sethuramaan9647 Ай бұрын
Remember the june 4th results. If you don't count on that then the 20 hours working of Modiji will vanished. Common people must enjoy atleast some little. Fm smile with budget bag for what?????
@raghavjain7349
@raghavjain7349 Ай бұрын
Taxes , duties , charges ,etc should be reduced heavily for all Stock market traders ....
@miname.1802
@miname.1802 Ай бұрын
What is her qualification for this position?
@Rayis4444
@Rayis4444 Ай бұрын
Being Modi Chaatu is he qualification.
@Ramberna08912
@Ramberna08912 Ай бұрын
BA and MA in Economics
@ankushmukherjee3219
@ankushmukherjee3219 Ай бұрын
PhD Economics from JNU
@ximin_sleepy
@ximin_sleepy 26 күн бұрын
​@@ankushmukherjee3219JNU😱😭 oh now i see, that terrorist organization, 😢😢
@ankushmukherjee3219
@ankushmukherjee3219 25 күн бұрын
@@ximin_sleepy JNU is a good university bro overall other than leftist political ideology. Academically it's good quality
@sivanadarajah9351
@sivanadarajah9351 Ай бұрын
🇮🇳finance minister doesn’t know anything about finance 🤔
@garygeorge-wi7co
@garygeorge-wi7co Ай бұрын
We had Chidu and he , along with his son, looted the country.
@BRUTALKING
@BRUTALKING Ай бұрын
they should skip taxes up to 10lakh
@HimalayaGarg
@HimalayaGarg 26 күн бұрын
I will always vote against current government until they increase tax slabs as per gold standard
@raghavjain7349
@raghavjain7349 Ай бұрын
Petrol diesel cng all should come under GST
@patrick_1984
@patrick_1984 Ай бұрын
Income tax should come down or be abolished. All commodities are taxed anyways. This will increase both saving & spending which is great for economy. Once income tax is reduced. More people not paying tax will start paying tax. Rich farmers making more than 10Lakh also should pay tax.
@surjit2412
@surjit2412 Ай бұрын
NO TAX on income..
@user-bi3ow1kf2w
@user-bi3ow1kf2w 29 күн бұрын
All government jobs should be 50% TAX
@Vijaykumar-xl7cg
@Vijaykumar-xl7cg Ай бұрын
They make tax more complicated rather than simplifying it, above 2.5L just make flat 10% tax. currently 98% people don't pay direct taxes. So if tax is simplified and less, those who are earning in cash and hiding real income will eventually declare their income and pay taxes as handling black money is risky and cumbersome process. assuming even if 30% increase in taxable people government income will double.
@sougatamukherjee8977
@sougatamukherjee8977 Ай бұрын
Worst fm in history of india
@kashyap_ahir
@kashyap_ahir Ай бұрын
defence budget badhao, hamare jawan bulletproof vehicles ke abhav se virgati prapta hue. modiji defence budget hamare GDP ka 3-5% hona chahiye varna me agli baar aapko vote nahi dunga😡😡😡 hame esi development nahi chahiye jisme hamare jawan ka khun laga ho 😡😡😡. Jai Hind 🇮🇳🇮🇳🇮🇳
@bonmec101
@bonmec101 Ай бұрын
Amend taxes on crypto please if you are serious about fintech future
@appatakkar6112
@appatakkar6112 Ай бұрын
We need a good income tax website first
@ravindermalhotra-kt1re
@ravindermalhotra-kt1re Ай бұрын
Want- fix the system of delivery that is Judiciary, IPS and IAS, reforms
@Parasuram5
@Parasuram5 Ай бұрын
The vulgar display of wealth in recent Multi billionaire weddings lasting over a month, has convinced millions of the need to reintroduce Wealth Tax for the Super Rich, Secondly we Indians cannot see beyond children and grand children. So there is a need to ‘Impose Philanthropy’ with a ‘Personal Social Responsibility Tax’ on those with wealth more than 100 crores which should be only used for Education, Health, Environment, Wildlife & Nature conversation, Culture, Sports
@NN_1515
@NN_1515 Ай бұрын
Agree 100%
@Naveen-os3qi
@Naveen-os3qi Ай бұрын
Yes absolutely! These rules exist in western nations
@krishnanvc5767
@krishnanvc5767 Ай бұрын
Average Tax rate in Sweden is 56%. In India with all exemptions it averages 24%. VAT is 23%. Average Tax in Denmark is 49%. If Indians are willing to pay these AVERAGE range of Tax I am sure India will be able to provide for all other facilities enjoyed. By the way Danes/ Swedish DO NOT TAKE BRIBES AND HIDE MONEY NOR MAKE "BLACK MONEY".
@joffson_pinto
@joffson_pinto Ай бұрын
India get ready to have a higher inflation this time . If the government raise the tax slab and more money is with the PPL then PPL will have more money to spend and the essential items prices will go up It's basically a rat race. It would be better to put control on prices of essential items then raise the slab rate.
@afcosystemsafco6638
@afcosystemsafco6638 Ай бұрын
Why GST not implemented in petrol and diesel... Rajan Bangalore
@sunilkumarpatnaik6953
@sunilkumarpatnaik6953 Ай бұрын
BJP will choose between sufficient TAX RELIEF & OPPOSITION SEATS in Parliament.
@nipunaggarwal8730
@nipunaggarwal8730 Ай бұрын
Every year we see this Tax relief soon? And all we get is no tax relief this year too
@CrSankar
@CrSankar Ай бұрын
FM and govt have to put effort for common tax payer, look at how the corporates, businesses company owner are enjoying their life, and tax payers pushed more & more
@user-bi3ow1kf2w
@user-bi3ow1kf2w 29 күн бұрын
UK TAXES up to 12Lk. 8% NI. + 0% TAX up to 12L - 50L. 8% NI + 20% TAX up 50L - 125L. 8% NI + 40% TAX up 125+ 2% NI + 45% TAX + 23L+ STUDENT LOAN. 9% + 0L Employer Nat Insurnce 13.8% + 20% VAT Value Added Tax = GST
@settykusumanchi8945
@settykusumanchi8945 Ай бұрын
I have no hope with this government, I dont expect them to change anything as they did not do any reasonable changes in last 10 years. I don't expect they suddenly awaken now.
@momaitamuli
@momaitamuli Ай бұрын
The bank interest rate should be low as compared to now
@YourRightSide
@YourRightSide Ай бұрын
Also , some relaxation for NRIs should be there. It is so much cumbersome to do anything in India once you become NRI. literally “sautela” treatment
@NirajKedar
@NirajKedar Ай бұрын
Overall IT+cess+GST = 40% to 50% of a salaried person's income. Fuel is separate. And whats the return they get on their taxes? almost nothing.. Introduce banking transaction tax and do away with personal income tax and GST
@YourRightSide
@YourRightSide Ай бұрын
Average Indian paying 40% of life in taxes. If earnings taxed than our stress and problem should be owned in equal proportion by government. 🤣
@manikchandrasarkar6700
@manikchandrasarkar6700 27 күн бұрын
Pm ,Fm will not give any relief to the salaried employees & pensioners.
@Fiori_oracle
@Fiori_oracle 28 күн бұрын
Dubai is the best country to save the taxes.
@UnknownUser0x01
@UnknownUser0x01 Ай бұрын
Time to leave india😢.
@garygeorge-wi7co
@garygeorge-wi7co Ай бұрын
The tax is even worse in the western countries.
@christinleitao3894
@christinleitao3894 Ай бұрын
Tax relief to ambani for spending lavishly on his baby elephant.
@rohitraj-ig8to
@rohitraj-ig8to Ай бұрын
They are showing wrong tax structure for old tax regime
@karticksantra5650
@karticksantra5650 Ай бұрын
This box is empty... nothing in the box.
@hemavathikumar9123
@hemavathikumar9123 Ай бұрын
That one day when I curse being a middle class family with higher tax slab in INDIA !
@AjayKumar-zd4wl
@AjayKumar-zd4wl 26 күн бұрын
Nothing will change for common people
@YouCantHandleTheTruth.
@YouCantHandleTheTruth. Ай бұрын
How are you gonna have tax relief when over half the population are unemployed and only some do, and they do not pay taxes???
@Raj-ho7oe
@Raj-ho7oe Ай бұрын
Do not expect much and get disappointed...
@vijaybhat7571
@vijaybhat7571 29 күн бұрын
Why 25% slab was withdrawn in new tax regieme
@bangalibangalore2404
@bangalibangalore2404 Ай бұрын
Indian taxpayers are day by day keeping less expectations. BJP is just becoming like Congress
@rasingh6893
@rasingh6893 Ай бұрын
Worst FM OF all times😢
@Naveen-os3qi
@Naveen-os3qi Ай бұрын
Adjust tax rates based on Per Capita income. India has one of the lowest per capita income. GDP is a joke. All these tax exemptions are made to satisfy millionaires only, so to aid in their election campaigns
@User_Yuga_
@User_Yuga_ Ай бұрын
Middle class salaried Indians are majority tax payers , who dont have any lobby nor voice. so govt needs money but it is unable to tax all taxable Indian. So what govt can do ? do want govt to sacrifice ? how govt will run and how political party can run and how elections can happen ? Come on guys do your duty without expectation !! sacrifice for the nation, give up your luxury !! are you starving without food ? why do you need tax cut ?
@kadirismail8007
@kadirismail8007 Ай бұрын
Halwa for people is ready
@66nagarajreddy
@66nagarajreddy Ай бұрын
I don’t see much difference between old and new tax regime. It’s just useless having this option.
@akhilyugesh
@akhilyugesh Ай бұрын
So many unsatisfied commenters. I guess some of them do not even pay tax and still comment!
@MrDrone-qt6sw
@MrDrone-qt6sw Ай бұрын
You should also use your brain to see if those comments makes sense
@harshitjain9551
@harshitjain9551 Ай бұрын
Request you to correct your data. You are sharing wrong info
@user-bi3ow1kf2w
@user-bi3ow1kf2w 29 күн бұрын
FORGET TAX RELIEF MORE IMPORTANT TO CONTROL FOOD INFLATION. NEED TO IMPORT FOOD TO MEET FOOD DEMAND
@1nOnlySB
@1nOnlySB Ай бұрын
team, you should work on decreasing the video length. anyone watching this video already is aware of old and new tax regimes! Just cover about the budget speculations alone. That's what makes Firstpost unique from others
@raghavjain7349
@raghavjain7349 Ай бұрын
Trading should be made tax free
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