A rich kid in India can get a driver's licence at home without even taken a test.
And, entire India is a playground for his/her luxury car.
If he kills a poor person, he/she can get away by writing an essay.
Corruption exists everywhere.
But, in India the issue is that the corruption hits you in daily life.
[1] See the footpath that was supposed to get built? (eaten by corruption)
[2] See the roads that were supposed to be smooth? (eaten by corruption)
[3] See the laws that were supposed to be equal for all? (eaten by corruption)
If you are still a defender of any political party, you are just a brainwashed person, who can't see facts.
Your goal is not better systems/processes.
Your goal is seeing the leader you like, sit on the Throne.
@Akshat_World Tax is our BIGGEST expense. You’re taxed when you earn money (direct tax), when you save money (inflation), when you invest money (capital gains tax), when you spend money(GST), when you buy necessities (stamp duty, car registration, road tax).
One gas cylinder used to cost around 700 Rs in 2019, now it is 1100 Rs.
Similarly:
[1] Critical medicines will go up by 12-15% from April 1st.
[2] Insurance has gone up by 15-20% over the last year.
[3] Electricity rose by 14% in the last 1 year.
If you ask ...
IPL is exempted from paying any taxes (0 taxes!)
Reason: promotes cricket.
Meanwhile, common people: 14% electricity price rise last year. More expected. But, still watch IPL.
They also promote cricket. Unhone kya paap karein hai 😅
Pay crazy tax (you can’t change that): whatever remains after that should be big enough to support you, your family, your goals and also prevent your systematic wealth erosion.
Bad banks, poorly run government organizations, excessive bail outs.
Chickens have simply come home to roost.
Solution: forget about saving money. Own assets. Go neck-deep in learning about how to create wealth.
....the governments: why are people being crushed to bones with all these price rises?
The answer would be: well, the price rise is happening all across the world. So what can we do.
Investigate further. Why?
Because losses have been socialised for decades:
Credit Suisse stopped accepting the Adani Bonds last month.
And, this month their USD 17Bn$ bonds became worthless.
From being one of the largest banks in the world, to becoming a defunct organisation.
Here is the real story:
[A thread...]
Spare a thought for #SaudiNationalBank , couple of weeks ago they invested $ 10 billion in #CreditSuisse to pick up a 10% stake. Today the same stake is valued at $300 million a 97% write down in matter of weeks.Wonder who advised #SNB to invest in #CS and who did the due diligence.
मुंबई एयरपोर्ट मैनेजमेंट कंपनी GVK पर छापा, मुंबई पोर्ट अडानी ने खरीदा
हालांकि, अडानी पर भ्रष्टाचार, हेरफेर के कई आरोप लगे लेकिन उनपर दिखावे की भी जांच न हुई
आप क्रोनोलॉजी समझिए। सत्ता और कॉरपोरेट का ऐसा भ्रष्ट और बेशर्म गठबंधन आपने कभी देखा सुना था?
मोडानी है तो मुमकिन है!