The Exploited TaxPayer (@indianewgen) 's Twitter Profile
The Exploited TaxPayer

@indianewgen

We raise practical issues of the Middle class.

We decode & explain taxation in simpler terms.
Posts on personal finance, corporate, politics, people & society.

ID: 1461605451724775424

calendar_today19-11-2021 08:01:39

27,27K Tweet

32,32K Followers

1,1K Following

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Tax payers are losing their jobs. Even those who have paid huge huge taxes for so called nation building are struggling to run their house, pay home loan, education for their kids. Govt must refrain from posting messages like robust tax collection etc which might ignite anger.

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For the first 12L, where the tax rate was 5% which is just 60k is made tax free. For subsequent 12L, the tax outgo is 4L+. Usme koi ched chad nahi hota. Majority को slab से बाहर कर दो, और बाकियों को निचोड़ दो। This is only direct. Adding education expenses+ GST to it.

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Even for a person with CTC of 50L, 1crore savings is a big thing. Savings are not done from CTC but money saved post taxes, rent, medical, insurance, petrol, school fees, school bus, utilities, groceries, bills etc. If you save even 70k-80K, it can take good 8-10 years.

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Govt must reduce their expectations in the Income tax collection going forward. In a country where the cost to tax payers is zero, means the govt doesn't have to pay back even a single rupee to the tax payers, getting Income tax from TDS is a huge luxury.

Govt must reduce their expectations in the Income tax collection going forward.

In a country where the cost to tax payers is zero, means the govt doesn't have to pay back even a single rupee to the tax payers, getting Income tax from TDS is a huge luxury.
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How much should you earn in a metro city to live with family? Rent in a gated community 2/3bhk Pay 1/2 kids school expenses Car EMI + petrol Groceries Utilities 1 vacation 1/2 outings 1 home visit Misc To live a middle class life in India, you need to earn like an upper class.

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People who are working hard, innovating, hustling, taking risks need to be severely incentivised by the govt. They have savings which can generate 10L-20L from stocks, FD, rents. Once housing is sorted, they will not work. Gone are those days where they used to work for 3LPA.

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जितना tax इस साल दिया, उतने बचाने में 6 महीने लगेंगे। काम करने का motivation लाएं तो कहां से? Narendra Modi PMO India Income Tax India Nirmala Sitharaman Nirmala Sitharaman Office

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The SIP marketing is unreal. Even without jobs, innovation, export, manufacturing, gdo growth, bad earnings, debts they have convinced the common man that historically nifty has given 12-15% returns. What was the growth, inflation in those years?

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Even after 75 years of Independence, our tax payers base is 2%. This is the same in last 40 years. Except in 1997, where the highest slab was changed from 40% to 30%, there are no major tax slab changes in 30 years. Flats are 1.5crore, changing slabs within 10L is a mockery.

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GST collection per month is approx 1.8L-2L crores which is paid by each & every Indian. Even with entire rationalization, the revenue loss is only 45000(2%) crores. With minor income tax slab changes which is paid by 1%-2% is 1L crores. भगवान जाने ये बाबू कहां पढ़ कर आते हैं।

GST collection per month is approx 1.8L-2L crores which is paid by each & every Indian.

Even with entire rationalization, the revenue loss is only 45000(2%) crores.

With minor income tax slab changes which is paid by 1%-2% is 1L crores.

भगवान जाने ये बाबू कहां पढ़ कर आते हैं।
The Exploited TaxPayer (@indianewgen) 's Twitter Profile Photo

This country is full of fools, uncivilized, illiterate, unemployed & poors. Schemes like ram mandir, article 370, muft ration, ladli behna, kisan samman Good for them. If you are intelligent, educated, employed, earning, civilised you are an outlier. You will be exploited.

This country is full of fools, uncivilized, illiterate, unemployed & poors.

Schemes like ram mandir, article 370, muft ration, ladli behna, kisan samman Good for them.

If you are intelligent, educated, employed, earning, civilised you are an outlier.
You will be exploited.
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In India, you are a middle class if you earn 40K irrespective of the dependents, owning house, kids education etc. If you earn 30L, you are an HNI. But if you go to a builder, even the ground floor 2Bhk is also unaffordable for you. Only for the Income tax dept, you are an HNI.

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आपसे 200 प्रतिशत सहमत हूं। देश के लिए जवान है, करोड़ों सरकारी कर्मचारी हैं, भाजपा और RSS के कार्यकर्ता है, मोदी जी हैं, सीतारमन हैं, नेता हैं पर आपके परिवार के लिए सिर्फ आप हैं। कोई परिवार पर विपत्ति आई तो सबसे पहले यही लोग आपको लात मारेंगे। फालतू देश सेवा के पचड़े में न पड़ें।

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In India, the difference between poor, lower class, lower middle class, middle class, upper middle class, upper class is so narrow that a person who have CTC of 30L CTC would live in each of the phase in an year. ठग देश, ठग नेता, ठग बाबू, ठग policies, ठग प्रधानमंत्री। सब ठग हैं।

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Most of the Tier 2 cities are dead, political banners & religious rallies, filthy streets, congested & haphazard mushroom of shops, chhapri riding bikes all day, obesity, fighting. If you have managed to buy a residence in Pune, bangalore, Hyd, gurgaon or noida stay there.

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प्रिय Grok कृपया करके ये बताइए कि मोदी सरकार ने 2014 से लेकर 2025 तक कौन कौन से नए direct tax लगाए। कृपया करके surcharge, capital gains, PF आदि सभी tax को consider किया जाए। एक भी कमबख्त बचना नहीं चाहिए।