The Exploited TaxPayer

34K posts

The Exploited TaxPayer

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.

Uttar Pradesh, India Katılım Kasım 2021
1.9K Takip Edilen41.7K Takipçiler
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
Excessive taxation creates fear, anger, frustration, financial insecurity, demotivation, sense of exploitation & anxiety It kills morale. It encourages people to migrate & evade taxes. It reduces purchasing power thus reduces consumption It discourages growth,hard work & honesty.
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
You might be surprised but I won't the day when scams will be out in Adani, Reliance, TCS, Infosys & LIC.
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
I am not surprised with HDFC issues. I am not worried about the oil prices. I don't care about trump tariffs or war between iran and US. Our issues are internal. Our policies are bad. Our bureaucracy is worst. Our politicians are greedy. Our people are lazy. We lack civic sense.
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
Stop forcing desh seva on the salaried class. We don't want to do any desh seva. Had we wanted, we wouldn't have worked for foreign MNC. We never appeared for the govt jobs. We never had any intention to do desh seva. We pay indirect tax for indirect benefits. Stop income tax.
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Balu Gorade
Balu Gorade@BaluGorade·
Kotak Mahindra Bank used to trade at 5x book, now 2x. HDFC Bank used to trade at 4.5x, now 2.2x. ICICI Bank trades at 2.7x, similar to its 10 yr average. Valuations of HDFC and Kotak have come down significantly.
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
Taxes are created by non competent, non hard working, so that people who are able to earn, their money can be taken largely and distribute among those who pretend to be running the country. Raja maharajas & politicians collect huge tax from people, Britishers charge less tax.
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
Don't get confused with PM having a meeting. It's not related to jobs, savings, cleanliness, tax, corruption, policies etc. He is addressing his party workers for the upcoming election. Wo kya bolte ho aap log. Elect a circus, watch a clown. kya tha wo.
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Venkatesh Alla
Venkatesh Alla@venkat_fin9·
3% of Indians pay tax. But 100% face inflation caused by government spending. So you're taxed at 36% on income. Then taxed again via GST (5-28%). Then taxed via fuel cess. Then via property tax. Then via toll roads. The 3% are basically funding a nation that doesn't contribute back. Scam.
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
People don't have even one year of runway if layoffs happen, then these babus & finance minister just for the sake of extracting maximum money from our income, call us "High Income Group'. लोगों के पास नौकरी जाने पर 1 साल चलने तक की बचत नहीं और वित्तमंत्री 35 टका tax निकाल रही।
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The Exploited TaxPayer
The Exploited TaxPayer@IndiaNewGen·
He seems to be the centre of the universe. The world revolves around him.
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Balu Gorade
Balu Gorade@BaluGorade·
SIP won't make you rich, but it will help you achieve your goals. The day you understand this, you will do it with more clarity.
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