How Indian Income Tax Payers get Squeezed from All Sides | Vantage with Palki Sharma
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- เผยแพร่เมื่อ 15 ต.ค. 2024
- How Indian Income Tax Payers get Squeezed from All Sides | Vantage with Palki Sharma
The latest budget provides underwhelming relief to the Indian Salaried class. Only about 2% of Indian citizens pay income tax, but this tax is expected to make up 19% of the government revenue. The salaried class also has to pay GST and now an even more in Capital Gains Taxes. What can Indian taxpayers do?
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India | Budget 2024 | Salaried Class | GST | Union Budget 2024 | Narendra Modi | Nirmala Sitharaman | Budget Speech | Economic Survey | Income Tax | Capital Gains | Inflation | GDP | Employment | Tax Slab | Lok Sabha | NDA Govt | Stock Market | Budget Session | Monsoon Session | Firstpost | World News | News Live | Vantage | Palki Sharma | News
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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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I have never seen Palki so sarcastically angry at the Indian Government before.
True!
This anger and sarcasm is well deserved. Government has no shame left now. It's better to leave India if you earn an honest living.
paymet not recieved
Haaaaa vote BJP next year too ..we already know modi selling everything like tea ..modi looting everything .. stupid citizen SUPPORT BJP ..let them loot kept watching @@EdwinTyler
Acche din a gaye 😀💀
I feel really frustrated. Thanks Palki for the presentation. We the tax payers should really stand against the injustice
Then Leave India
Aur tum Modi ko vote😂
@@doki1146like Congress would magically bring money for its freebies. No option but to mourn
@@aash4688 yeah people should leave India for a better nation where they at least get something in return for paying taxes.
@@ShivanshuTyagi72981 yeah Congress is absolutely disastrous. Forget good infrastructure or better lives from our taxes, they are planning to give freebies and quota
Never seen Palki taking on the current government such sarcastic and harsh way! Respect for you Palki. Without frontline criticism and defence, the tax-paying class will continue being burned and roasted this way. Please continue your honest journalism
This is the impact of results of 2024 elections 😂😂😂
Now ,every godi media anchor is remembering journalism 😂😂😂
All media outlets are only gradually aligning themselves with new reality and possible INDIA govt in 2029. If they had criticised govt on people's issue during the height of Modi's dictatorial power it would be journalism. Right now this is just an insurance policy. Journalists are chameleons and they never stand up for people's rights.
@@maheshs2150they are still in the government. How many times had congress got absolute majority and they will never get one.
@@deepanshujoshi7708 hey kid, just give one answer:
If I earn 30LPA fixed. Have investments of 3 lacs in home loan interest, 1.5 lacs in lic, 3.6 lacs in hra. How much should be my in hand monthly salary?
Your reply will reveal your education.
@@deepanshujoshi7708 people voted for bjp will be crying 😭 like crazy , our country is one of the highly corrupt and you give power to one guy this is the result.😅😅😅
I'm actually very happy that I finally found a media channel that is unbiased.Thank you Palki ma'am and FirstPost for being unbiased and bashing both the sides wherever its required.
The new tax regime is deceptive for taxpayers, but the main problem is I as a future taxpayer is ready to pay my tax but the services that I am getting from that tax payment are just awful and unacceptable.
She's not unbiased. This is where she knows her Hindu followers are also hurting. Shes been a stooge for the modi govt for years. Just her demeanor and persona has been constructed to cater to the institute educated modi bhakt. She has failed to criticize the governments actions for years.
Lol she is the last person to be called 'unbiased', she has only started criticizing the govt, that too in bits & pieces, only after BJP couldn't manage to win a majority this time, otherwise she's nothing more than being a govt pleaser..!
😂
she is pro godi media ... shenanigans to avoid loss of subscriptions
शी आई नोट
I am not voting for BJP again if this continues!!!! This is unacceptable. Nirmala sitaraman should immediately resign
Won't matter. People like you and me are just 2percent of the population.
Who else then ? Other parties distribute free services to Votebanks, bought by our paid taxes.
This has happened to our lineage, and will continue with next generations too.
They are getting pay revisions every year from our taxes, and are trying to push us down to Votebanks levels.
do you really think it's Nirmala who decides ?
So Congress better?😅 They even worst 😅
Too late, we had a chance but we didn’t take it.
I've never witnessed Palki criticize the current government so sharply and sarcastically before. Kudos to you, Palki. If there's no direct criticism and defense, taxpayers will keep facing hardships. Please continue your honest journalism.
@@diashency Big chamchi of Modi
Thanks Palki for bringing this.
I pay 30% tax but have lot of responsibilities.
In my small village there are 50 families which are much much wealthier than us and pay zero taxes
Yours is the only meaningful point raised in entire chatbox.
Just one correction.
30% is on highest slab, not on entire income. So effective avg tax is much less.
One more question is:
If govt needs tax money so badly from small families, why does it fund large families with this money.
Shouldn't it be the other way round in an overpopulated country gasping for space and resources?
How are they getting away by not paying taxes?
@@ragas2845 Agriculture income is not taxable. You can earn crores in agriculture income and the govt. won't ask for shït.
They must be poor annadata, not rich families
You might be seeing them rich due to freebies & so they are not spending anything
Palki Sharma has always defended the Government....but now it feels like even she is feeling the heat of taxes🤣🤣🤣🤣
To be fair, she hasn't been a bigot
She always spoke against the government when it really mattered ...
Did she speak about bridge collapse before budget?
@@nielsbohr4299 yes when it happened
Tax is like Europe, and quality of life is like Africa. Now that's diversity!
2% tax payers ... It's not governmental issue. It's the mentality of not paying tax. That's why 100% digital Bharat is very necessary to track transactions of individuals and specially the ones who've never paid tax
well said
@@AbhiR0003 That's right, Indian mentality has destroyed India.
@@AbhiR0003 yeah so that we can enrich our government along with their families and gangs as it should be 😊☺️
@@AbhiR0003 yes, that's why post demonetisation, the govt. infused even more cash in the market. alas.
Palki's Sarcasm has to be one of my favourite things ever, she's too good
Respect Palki for echoing the sentiments of taxpayers. Couldn't have articulated it any better than this. Accountability should the only theme of media in this country.
Thanks Palki for taking up this issue, we middle class dont have voice and bleed to tax death. Hats off to media like you. Atleast we have voice now whether govt hear it or not.
A studious Nationalist, Unbiased Analysis, showing mirror to the Government is the real journalism. Hope this will continue and rejuvenate Media!
She is just a stooge of Modi like the rest Godis
True. She's the best.
Most unbiased and nationalistic.
@@vishalamu this unbiased-ness is a pretty recent phenomenon.
Godi media anchors are angry on govt. beacuse the capital tax is increased on both short term and long term investment.
@@kb9880
It is good if somebody is biased for nation
All of the taxpayers are equally upset by the yesterday’s budget. But what’s even more frustrating is where to express our disappointment? Who is going to listen to us? Which door should we knock? Where should we go? The answer is again very upsetting.
Answer with your votes!
I felt like crying
Ab ki baar...😂
All tax payers should come on road and protest just like farmers did...
@@hardik5548then prepare to be labelled as Khalistani by Arnab
You nailed perfectly!! Rightly said by someone that common middle class man is a working partner and government is a sleeping part. Take our hard earned money silently every day at every step. And what we get in return, penalty for delayed income tax or notices. No security in our retired life, no medical help in lieu of tax you paid for entire career! Bravo
Bro onthat particular note nirmala tai was stunned and her eyes got bawled out
First time i supported Hotels/Shops who give "Estimate Bill" instead of GST Bill. Avoid GST where ever possible.
Thank you Palki for beautifully summarising the agony we tax payers have been going through for many decades now. It’s frustrating
This title is so true .
Income tax 30% plus indirect tax on good and services UPTO 28% .
Inflation 10% .
Savings 32% from which you have to pay for school , future growth , buy a home and save for retirement. Wow
You are forgetting 12.5% LTGC on future growth.
Inflation 4 to 5 ℅ only.
Govt need money to run.
@@AVgaming985 healthcare inflation is 14%
Education inflation is 12%
Open your eyes and stop this asslicking.
@@AVgaming985Your dream is definitely becoming a reality. People with money are moving out of the nation. Only salaried class is stuck here. I'm sure you are either unemployed, government employee or someone who doesn't make serious income.
@@BarkaDoghe don't make enough money to pay taxes.
Income Tax, GST, Duties, CESS and non-refunded GST credits…it is worse than pre-independence British era.
still better than communist CONgress
During British time we had better infrastructure. For tax paid.!
Nonsense i dont know how you even come to such conclusions. During the British times fyi 80-90% of the people were in Agriculture and not a single notable irrigation project was completed by the British. We got nothing in return for the taxes we paid.@@nirmal886
What are you views on around 80% of India earning Rs. 15k-30k or less. Don't you think they need government support for living a good life, which is possible through the income tax.
@@sstudio36 Are you talking about monthly monthly or yearly earnings?Whats ur source for it? And why is the corporation tax lower?Cant the the rich take paycut and increase the IT for them?
Finally much needed post, as if media was blind ,
Thanks for highlighting that we pay more tax than companies we work for.
Totally agree , I pay 30% tax which is like pound of my flesh and there are no benefits .I literally struggled made sacrifices my life to be where I am to give my kid a good life but now living on loans!
Thanks Palki - for mirroring our pain
This was needed! Media needs to raise voice against such pathetic policies of government!
It's Injustice that INDEXATION BENEFIT is REMOVED ! Being a Taxpayer is a crime in this country !
Bro, it's real crime to be a taxpayer in India. But just grow & be a "social worker" & then a politician & be happy!!
It won't be long before the people gets tired of their controlling nature and start going against the government.
Everything is going up for the common man,from salary to blood pressure.
It's better to burned all the books that we learned to become a salary man, to cooked our food. Lpg gas here is 2500.
I should not have done my PhD and wasted 15yrs extra. Should have just be a graduate and start a NGO or political party
@@drnsdevi Better late than never. Ph D. s had no meaning even in 1950.
@@csuryavanshi5976 It had, just not in ducking India
Yes the salaried class is really privileged . They are indeed blessed to be able to pay taxes twice.
Squeeze the taxpayers and "Live life king size" - the principle of our govt.
What a great nation!
Who lives live kingsize?
@@moviesenthilthe govt are enjoying with our income. They don't invest where it is needed but for their political games. They have started for next election too.
It should go to education and health but look at the budget allocation this year , not a single increment.
Why do our tax goes to some state more and some don't even get any, is your political party more important than the people of this country.
Look at China it has developed so much but our politician keeps on fighting among each other for the chair, what a pathetic scenario
Twice? unlike you I pay my taxes thrice, because when I earn I give, I save I give, I spend I give
What I get from this is truly worth though:
bliss in knowing rich don't give any at all
broken roads to assist my ballbusting everyday going to office
fucking real estate crooks overinflating everything they touch to bleed my coffers dry, hell whatever I save I have to gift them as an offering off the books and get a loan on top of it to support them
capitalism is a joke, and a good one coz most don't get it.
This the revenge of election
If you don't like it, you can move out of India. It is a citizen's duty to pay taxes😡😡😡
Income tax should be abolished.
Yes. Right it should be abolished.
Well said!! Palki at her best - unbiased and savage
Hats off ma’am for acknowledging our pain
If Palki & First Post can raise a petition for the government to reconsider this selfish act, every single tax payer of this country will sign it! 🎉
Won't happen
Nothing will happen we are only 1 percent of the votes😅😅😅
Nothing will happen. Only tareekh pe tareekh pe tareekh.
The middle class is a minority sadly. Majority people are poor.
Right
Thanks for voicing out for middle class ❤ Media should voice more of common people struggles often than always supporting Ruling Party
Couldn't agree more. I don't understand why instead of increasing the taxes, the government doesn't increase it's tax base and try and bring it upto 50% of the population.
Government does not want middle class to survive. We don't want this Government any more.
Well, it’s a bit late now isn’t it?
@@kancharlasuryateja lol man :D
It will the same with any and every government
How about you use your brain and get a CA who will make your taxes 0
I am amazed that nobody sends you to Pakistan till now
Goddamn it! the sarcasm of this video was worth the tax I paid! Love you Palki!!!
Then u must not be earning much.
@@dooperpoolasterix7214 Paid 45 lacs as tax this year!
I myself is tax payer who is feeling the pain, but the fact that many don't understand is the actual problem in India.
1. Over population
2. Freebies
3. Reservation
4. Only 2% paying the taxes
5. Illiteracy.
Until this things are not addressed, nothing will change on India.
Covid was the depopulation solution that we dont have the heart and courage to use.
There is just too many of us and too small percentage of people got too much for themselves.
There is no solution to save humanity unless we get a Thanos of our own.
His solution of unbiased depopulation even though callus was optimal.
The most worthy and intelligent comment on the video....👌
You people continue your dirty caste based discrimination in Andhra and here lecturing over reservation! Shut up your nonsense!
@srikanthreddy1150 bihar fits in overpopulation, caste reservation, illiteracy and everything. But bihar got special package in this budget🤡
Here are some points to consider:
Overpopulation:
Yes, India has a large population, but so does China. Despite its size, China has managed to become an economic powerhouse. This shows that overpopulation isn't an insurmountable barrier if the right policies and systems are in place.
Freebies:
As a middle-class taxpayer, I have never benefited from any government freebies. In contrast, there are instances where large corporations and wealthy individuals receive significant benefits and bailouts from the government. For example, some businessmen have taken massive loans, defaulted, and then fled the country with little repercussion.
Reservation:
While the reservation system has been essential for uplifting marginalized communities, there's a consensus that it needs reform. Wealthy individuals from reserved categories should not benefit from these policies, as it defeats the purpose of uplifting those who are genuinely disadvantaged.
Tax Evasion:
Only 2% of the population paying taxes is a concerning statistic, but it's important to understand why. There are numerous loopholes in the system that the rich exploit to evade taxes. For instance, a person earning 20 LPA pays 30% in taxes, while a billionaire can show negligible tax liability by declaring their income through various channels like agriculture.
Illiteracy:
Illiteracy remains a significant issue, but it's worth noting that keeping the population under-educated benefits certain political agendas. By diverting attention to divisive issues like religious conflicts and ignoring infrastructure problems, the government avoids accountability for critical issues like road conditions, pollution, railway accidents, and more.
The hybrid roads/river in the world renowned infrastructure.... loved the satire.. a true expression of the current situation.
Palki Sharma ji is awesome. If she gets angry, nobody, not even Government has anywhere to run 😝😝. Great sarcasm !
Whatever she says is 100 % TRUTH , but Govt will never bother , as Taxpayers are not a votebank for any party .
I loved her sarcasm.. Breaking the back of Middle class with zero infra and no medical benefits.. Just amazing.. Bleed 🇮🇳
Zero Infra
You must be blind
@@SimhaArya-zu7voUnder construction infra with high toll tax. 😂
@Traderking1990
And? How are they supposed to pay back investors.
India budget is just 300 billion. Only 2% pay taxes.
Even France & UK has bigger budget.
First pay, then Criticise
@@SimhaArya-zu7vo90% of Indians are dailywage earners according to government report. So how the hell are you going to charge income tax on informal workers like Chaiwala and fruit seller ? 8% of population are middleclass ( salaried employees). Out of them only 4% falls in the income tax slab. 1% of population control 50% of national wealth but they have been given massive tax cuts in the form of corporate tax since 2019 and thanks to electoral bonds. Then why are you entitled BJP suppoirters trying to go after struggling middleclass families facing job cuts who are only employees earning a monthly salary in a company ? Increase the corporate tax. 0.04% of the richest 1% such as Ambani now control 30% of national wealth as per Oxfam report. Yet you BJP cyber trolls are all after hardworking middleclass families who are already overtaxed with personal income tax, professional Tax and all sort of indirect taxes like GST.
Infra like expressway, highways are funded by toll collections, pathetic government medical and educational facilities. No accountability for taxation.
its shocking that we, the middle-class are contributing more than corporations. Also, the LTCG rate hike is criminal. In 2004, STT (Securities Transaction Tax) was introduced and levied on purchase or sale of equity shares and LTCG tax was abolished from sale of equity shares. Later this government started levying LTCG tax on shares even though STT has been paid. And in this budget, they have increased STT as well as LTCG tax, which is absolutely CRIMINAL. We are being penalized for living, earning and investing in our country.
You are right LTCG SHOULD BE REDUCED OR REMOVED. STT SHOULD BE REDUCED
Thank you for the informative video. We the tax payers are being swindled and squeezed from all corners. We stand with you if you raise voice against the injustice done on IT payers.
if palki is frustrated with govt then the govt is really doing bad
Maybe she's one of those 2% tax payers 😂
@@ZoneMaster-ftw 🤣
Atleast she can her taxes using UPI ...she should be happy isn't it ?
This is how u analyse ur nation? By 1 person's view?😅
There's already 2 billion people doing that...and look where most of them are !!
@@onetrueindian1shut up
Shame on FM Nirmala Sitaraman for looting middle class tax payers. Tax slab of 30% should be raised to minimum 30lakhs.
Hats off Palki , you won't think twice to spill the bitter truth & reality on to anyone's face. Thats the Spirit.
yeah no way. she spoke against this govt now cuz her pocket is getting hurt ha ha ha
I am bleeding paying 30% as direct tax and on an average 18% of whatever I spend every month on indirect taxes and the beauty is that the savings I make after this is also calculated for income tax.
Pathetic Budget.. People's anger will take down this Govt. The current Govt. don't deserve to continue anymore..
As if the previous governments were any better !
@@devannayar6456 Yes.. prevously also the same team around!
@@Consolidated-ed5rq License Permit Raj institutionalized corruption and decay in India. India never fully recovered from it.
As a salaried person, I AM ANGRY!! with the tax system
Yes but you are earning from stock market in the past few years 😅
How much annual salary. Now with this budget you can keep more money. Start long term investments not short term term. Away from f&ogambling. This is good budget for a while.
@@User67578waha bhi tax bada diya
Stop voging BJP
@@jayanth777they increased long term gain tax also so now I'm not sure if they will not increase it more in the near future. Also still no benefits for old regime so I'm not sure what this govt wants? They want people to stop saving for their future and simply waste money? Because old regime force people to invest more and all the benefits govt adding to new regime which is completely opposite
Govt always punishing middle class...too much tax for Private sector job 😢
@@susovanpal7704 Every political party knows who go on vacation and do not vote
Govt to middle class people - "How Dare You Find Work and Earn Salaries? - Stay unemployed and dependent." Or else we continue to punish you. 😂😂
Then Leave India
@@aash4688 Not necessary. Some people are awaiting the old tax regime and Compulsory Deposit Scheme brought in by the Congress in seventies to be brought back
@@aash4688 Nobody is eager take Indians. Reputation hi aisi bana rakhi h. Canadians are crying. Jis din bulane lage inko FREE me..toh 50% desh khaali. 😅😅
As a Tax payer what are our rights??? Unfortunately none of the parties are talking of over population in our country.
I listened to Palki after a long time.
First time I felt that she is not pro govt.
@@bon_jovi933 Yes! 💯 Agreed! I guess she's forced, since the drubbing of overconfident prime minister in Hindi Belt, and the pathetic performance of our reluctant FM for the last 2-3 years!
@@uddipanpal6200 well not really ..I’ve been keeping up with her updates for over four years. Quite often, she has stood against the government and its policies or actions
Some people don't think in terms of pro and anti. Some just want to say the truth.
Yes all pro govt talking against. Another one was also who got awarded
Bcoz she is also one of those 2%😢
Now that's bold and true. Loved it. Straight from the heart.... unfiltered
Full on sarcasm mode 😂😂😂
Exactly what I thought
God help her
Ambaniji could fire her for speaking against the government
Palki should leave India for Dubai, there are no taxes there🤣🤣🤣
Now bhakt will say palki go to Pakistan
Sarcasm..yeah it was good ..if you want real sarcasm watch ravish Kumar
Thanks FM for keeping middle class like us to always try to move out of country for job prospectus, every year you keep us motivated to ensure at least our next generation moves out of country for better prospectus
Only Palki understand the pain of middle class and represent our voices
She's one of us..glad that she shares the pain 😁
so why was she glorifying in Oxford that modi's india
@@5nbc564Will feel pain now
I doubt if she is one of us
@@lakshmisubramanian9233 she's the last hope of Indian journalism otherwise I see all the news channels failing to compete with the western media framing
I wanna say thank you to our lovely government for giving me one more point which im gonna present to my parents as a reason why i want to continue my further studies in other country and probably shift there after this i feel even my parents would be happy to move out with me
Hmmmm, so you don't even want to fight to make things better here
Understandable
@@FineWine-v4.0 Point being, this cannot be fixed in a democracy where idiots outnumber you
He's a Puss Ass@@FineWine-v4.0
You'll have to pay more taxes there
@@Dothraki-hs4sg they can get some facilities and peace of mind there
We salaried folks must stand up against the government. No worker rights, crazy taxes, crap quality of life, inflation going through the roof.
Just go and vote instead of banging your keyboards on voting day
@@Useracwqbrazy As if that changes anything ? When youre voting betwen garbage and trash that will both loot you
Vote for who ?
Congress who distributes tax money as freebies and incites regional jingoism
OR
BJP who keeps increasing tax collection and incites religional jingoism
Your votes won't help change anything.
These are systemic problems ...
In simple words, in the eyes of a politician an engineer working for an MNC is equal to an unemployed son of a farmer ... One vote each.
Your vote won't change anything ... The idiots outnumber the smarts in this country.
Nothing will change - reservation, caste-based politics, middle-class being squeezed, western brain-drain, poor quality of life, poor quality of education, not so ease of doing business, expensive healthcare.
Go on, cast your vote, stand at the voting booth for 6 hours just to be considered equivalent to an unemployed lowlife who outnumber you in droves@@Useracwqbrazy
Surprised that this was spoken by Indian media.
Still no dare to make an interview for 10 years.
Nonsense Govt.. See the Tax slab for yourself. Income tax 30%
Short term capital gain 20%
Long term capital gain 12.5%
Gst 28% & 18%
Entertainment tax 5%
Property tax 20%
Swach bharat cess 2%
When you buy a car after all deduction-
Gst on ex showroom 28%
Cess 22% (suv)
Roadtax 15%
TCS 1%
Gst on insurance 18%
Tax on petrol and diesel 130% approx
Toll tax 5%
Parking tax 2%
Pollution tax 0.5%
Sab bolo - Har Har Modi Ghar Ghar Modi.
If your pay 30% then your monthly salary will be more than 1,15,000. So pay. You are rich and rich should be taxed
@@akhilkrishna1148all gvts need a supporter like this jaan jaye par support na jaye
@@psen.9659 idiot i am an income tax student
@@akhilkrishna1148that isn’t fair. It just feels like being punished for working hard
@@psen.9659 look at the video itself, tax paying population is only 2%, but the effect is from 90%. Its all because of people like you who don't know anything. Do research and speak
Fully concur. Despite footing the tall taxes, salaried tax payers have no voice.
It’s time all of us come together to stage a protest of our own in some way.
No unity is what they are banking on. Time to Vote out this Tax Terrorist regime
I really admire this lady for being specific and truthful. My respect for her increases every day. Hey Palki, you're the best anchor I have ever seen. Thanks for standing on the side of the public and the nation.
Meanwhile BCCI laughing in the corner with zero income tax 😂
And all those poor farmers filing tens and hundreds of crore income tax returns with fully exempt income and roaming in BMW and Land Rover 😂
Get research done. BCCI pays 1100-4500 crores tax every year
BCCI paid 1159 Cr INR in FY 2021-22.
JHOOT KI DUKAAN 😡
@@karandoshi7055 Apni Whatsapp university ka gyaan kahin aur dena... Farmers do not pay any I.T. in agriculture income..
Then start farming, who is stopping you
BCCI gives huge taxes every year
and those are landlords not farmers
Palki and team definitely know what buttons to push on what occasions. Ruling government correctly deserves all of this harsh criticism especially because of the way they are humiliating the working class of this nation!
Tax slab should be like
0-5 lakh - 0
6-15 lakh - 5 %
16- 25 lakh - 10%
26-50 lakh - 15 %
51- 1 cr - 20 %
Above 1 cr - 30%
@@friedrichmyers😂 bruh above 15 lakh they are already playing 30% how the hell it's going to kill business? In fact they would save more till 1Cr and business have GST benefits, corporate tax, Mr economist please explain? I'm not a economist
Although the person suggesting the slabs it's not feasible with conditions regarding India but it should be reduced
Above 1 crore - 50% and impose wealth Tax on those with asset more than 10 crore.
Very well said Palki.. salaried middle class is looted left right n center by the governments
This is just nuts - worst financial ministry - increasing capital gains tax and giving benefit of 1500 rupees per month is a joke -
Please correct your number, it is 1483.33 rupees per month 😀
Palki sharma's sarcasm at its best 😂🔥
Great video Palki👍you make people notice what they have been seeing all the time but never noticed. When our taxes go into the pockets of corrupt politicians and corrupt businesses, it burns your heart.
The government is working hard to extract maximum juice from salaried employees.
Worst finance minister of India till date 🤓
That's a tight slap on Nirmala's face😮
Every like should be another one
She's just another pencil pusher, blame lord modi ji and his religion bjp.
"If we're paying for all the infrastructure, we might as well get our money's worth." Lovely! I just love the style, the way you cover things and make everything understandable to the layman. Keep going!
My sincere request to the government...Being a taxpayer myself..I am feeling deceived when I see I still struggle to commute to office in Bangalore,where we see lot of traffic jams and no proper road.But I pay 30 rupees out of 100 rs of my hard earnt money ..but i see real estate sector people and politician get rich ..Not sure where my tax paid money going...to who's pocket
The way you have explained it with so much boldness & sarcasm..Hats off to u ma'am..
‘Hybrid road / river in Mumbai’… that’s it for me. Palki the Sarci… you go girl!!
She's no girl😂 She's a woman
I feel like slapping the government for imposing double tax on 2 percent of the middle class salaried people. Why these people not allowed to reclaim GST if they are already paying taxes?
Rightly said.
Why rich farmers are tax exempt....they should be taxed like salaried class...
Unlike developed countries Even after paying taxes we dont get any social security at retirement.
@@VeerSanatanii no one will beat u up wilhen u get retire unc
@@captainelgato8313Ya rightly said, there are chances the person is dead even before the retirement. What a social security our nation provides!
@@arunkk004 ok tht was a funny jab but this can't be real what type of social security retired peeps want? An old age home?
@@captainelgato8313are you stupid? He said social security.
@@captainelgato8313 For working all through the life and paying tax can you list the meaning benefits a person gets on his retirement from government?
Ideally,
1. Affordable, good quality public housing.
2. Benefits in utilities like Electricity.
3. Clean water
4. Free health care/affordable healthcare
5. Medical benefits
6. Transportation (i know train has it, but how much? Will the person be able to pay for himself with the pension?)
7. Free or highly subsidised Nursing care/homes.
8. Elderly friendly town planning.
9. Free aid vehicles.
I am not making up this list, these are few benefits countries with higher taxation provides.
Your turn now.. please list what we are getting here.
Forget about elderly, even the current tax payers are getting less than 10% they would get in other countries.
Nirmalaji...show guts to start agricultural tax. Your and infact all and all govts, previous and current, are very generous in leaving rich agricultural landlords but never have an aorta of sympathy on middle class tax payers
It's an indirect way for the government to say leave your service sector jobs and start agriculture.
Their 7 generations won't have the courage to do that. Remember how "56 inch ka seena" came on his knees and had to repeal the 3 farm laws😂
They couldn't handle the agriculture reform bill, how can we wish for it.
Anything related to agriculture is SACRED (feudal). Any changes are blasphemy to the holy spirit of feeding the nation.
If you have to live in india then be a farmer and cherish the life
How will they have any guts to start taxing "poor farmers"?? They didn't even implement farm bills and the "gareeb kisaans" were already on roads with their modified tractors worth lakhs of rupees to jam roads and trouble Indian public by acting like goons to arm twist everyone. Our incapable govt with all police and military were not able to do ANYTHING!
And yet nobody speaks, there is no protest in India? Is it a real democracy?
when has it ever been? the same family stays in power for decades on end, and these days, unless you're a gujarati you're not indian.
No point in protesting, tighten belt, save more, invest more... only remedy for middle class folk who are income tax payers.
Modi controls the media so there will never be a protest
@@tomythomas9261 Nope, when people are not happy and media were speaking truth to the people there would be voice of dissent. Not in India alas!
2% of India's population
Salaried class is paying for everything in this country! Why is corporate tax less than individual tax????It is sick beyond words. This FM must resign !
I supported BJP but now it’s too much to bear 🙏🏻🙏🏻
Not sure whom to vote next time failed congress from 75 years … n we know other parties are more or less dumb
problem with congress is it's the same old corrupt family that sold out india to the west. the current govt. are only too happy to keep them where they are.
Same boat brother. Not gonna vote next time. Will vote again for BJP only if Nirmala Sitaraman is removed and there is tax reforms for middle class.
Negative propoganda ke baad sab dumb lgte h. 1000's of crores ki negative campaigning krte h bjp apne opponents ki. Wo bhi tax se hi hi jaata h. And ye jo 'party fund' bolte h wo jo log dete h unhe 1 ka 4 dete h ye tax me se government contracts ke through
Most of the sensible salaried class guys think the same like you..Lack of options..Useless parties and Politicians.
@@SuperSuspiria There are plenty of terrific politicians but people either vote on religion or caste. Microsoft aur google ko indian best option mila but hume chaiwala best option lgta h. Kamal h.
What you're looking for is a famous name, jiski makreting pe 1000ro crore kharch krke harr jaga poster laga ke acceptability badhai ho. ability to 1000'ro logo me h desh me
BJP AUR CONGRESS DONO ME EXCELLENT POLITICANS HE.
IAS ka paper harr saal hota h, uske top 100 ranks SAB inse better honge. 10 saal me aise 1000 log hogye
Par logo ko ya papa ka para chahye ya chaiwala
And then we have Karnataka Government approving 14 hour workday for 5 days a week.
We are literally fked in all directions. I personally pay 60k Income tax every month and still worry about having just one small house for living.
There is no hope in this country.
Palki has been ruthless in this one...no holds barred
This is the first time, i have noticed, Palki speaking up against the wrongs of government. Previously I had always felt there was a bit of 'purposeful cowardice' when she did not do so. She calls out every other wrong in world except when it came to things the government did.
Extremely glad to see she growing up in this regard. After all the media is the 4th pillar of democracy and rightly should be transparent and courageous in their reporting.
Looting tax like Switzerland and giving services like a 3rd world nation ....We get tap water once in 5 days in Latur...No drainage , dirty muddy road in spite of timely payment of municipal corporation tax
Fucking true !
This has to change
THE LOCAL TAXES ARE KILLING THE LIFE ,,, CORPORATION OR MUNCIPLE TAXES INCRESSES WITH OUT LIMIT ...BEYOND 200% SOMETIME ..
OMG, this is so good…
Thank you so much Palki didi, I’ve got nothing to comment…
Your expressions and presentation has said and done it all 🙏🏾
Haha. The government has one hand in our back pocket. 😂
Quite literally.
Its always the case, not new.
Why the F are you people crying while income tax is reduced with every budget???
What't new?
@@rishi.girdhar I think this is the fist time anyone in there family got eligible to pay income tax.
5% income tax deke ye pagala Gaye hai.
But just 10 years ago when their parents where taking gov salaries and pension from our parent's income, then they had no shame.
@@riscnx90% of Indians are dailywage earners. How will you charge income tax on a Chaiwala or a fruit seller ? 10% of population are middleclass ( salaried class). Only 4% of the middleclass earns more than 50000 ₹ to fall in the income tax slab. The problem is not people unwilling to pay tax, the economy is largely informal and the middleclass here is very tiny and poor compared to China or Vietnam to take care of the 400 million people living in abject poverty and provide tax breaks to corporates.
@@Apache1970 My question does not concern those who pay income tax and those who don't.
My concern is why the hell are some weirdoes crying about taxes while taxes have been reduced? While measures have been taken to reduce the need to print RS in future?
Are they not educated enough to see that, or just want to do Backchodi?
Now I am thinking twice about the credibility and the ability of this Government..
The moment they increased ltcg..I decided I am done with this govt.
Oh really , do you even know WHAT IS LTCG AND HOW ITS CALCULATED ?
congress is even worse, look what they did in karnataka. We are between the devil and the ocean.
@@Hakunamatata56217 please do educate us
@@Hakunamatata56217 Where is USA and INDIA in comparison.... The standard of living in this country is lower than many African countries including Kenya.
@@Hakunamatata56217IT cell k chode 10k salary pe palta h tu, EWS k chode, nikal le bc, yaha middle class ki naat ho rha h, wha jakr 5kg chawl ki line pakar nalle😊
First time your sarcasm has helped assuage the feelings of a common man. Long live Ms Palki
What you said is absolutely true mam... We tax payers have no relief as usual
Not only this , we(NCR people)need to buy car every 15 years, my 2007 Toyota Camry petrol(re registered for next five years)is running fine but because of this government we need to buy a new car so that government can earn more tax. Paalika mam please make a video on this pathetic rule of 10-15 years.
No one could have put the message more aptly and subtly...!!😂😂😂
I enjoyed every word of it....😂😂
Thank you Palki for being voice for "THE REAL MINORITY (INCOME TAX PAYER)" of INDIA. Nilu tai, do not squeeze this much to the Income Tax Payer.
This time vote for NOTA as i hv lost faith in this type of democracy where there is no one to chose amongst the leaders
Why should I take the trouble and go and vote for this b………Hell with democracy
2028-2029 ME TAX KA FAIDA MILEGA MIL CLASS WALO KO.....
Waste of vote they can win with 1 vote only. Voting for nota only nullifies your vote, does not effect the winning party
@@Xi_The_Dictator are you from future stop this BS
A NOTA is a vote wasted. You will help BJP to win another majority
as a trader i dislike this govt so much i cant tell you, my money , my risk , but govt earns more. They dont want me to earn at all.
Well,good to see Palki Madam is on fire 🔥🔥🔥. Thank you for supporting Middle Class Salaried Employees.
People saying let's vote BJP out of power this time but all parties are the same in this regard.. where are you gonna go? And they know this very well. The super rich have the power of money and influence, the economically weaker are large in number and therefore have the voting power but the middle class is powerless either way and hence are bled dry.
Summed up well
Choice is an illusion. This statement feels more and more correct
Go abroad it’s better
@@AttyDG only the very rich can do that in a permanent way, not the general middle class person
@@AttyDGnot every person can afford to go , specially people from lower middle class
Omg 😮how cld this govt do this to the middle class never ever expected this from her 😢😢😢this is disgusting 😢😢😢
I'm amazed by the level of intelligence and economics knowledge which has gone into preparing this wonderful new tax slab. It will change the Indian middle class lives in a big way, we are surely on the right trajectory to becoming vikaSHIT Bharat .
26000 crore wasted on collapsed bridges in a month time, do you think they are spending correctly? politicians are eating away the money
This is a Brilliant elections losing budget. Well done Mr.Modi and Sitaraman.
There Should be NO tax on Food, Childrens clothes, Medications,Text books.
Palki, you know how do we, the Taxpayer feel? We feel like standing in a death row with government standing behind us like a hangman. So pathetic condition of middle class in this country.
Wonder why.
Because Middle Class people never protest on the street like the so called poor
Why what happened. We are getting all electronics food groceries at very cheap price right? What else you need?
Take your stand now for yourself aise gane se apna dhukhna rone se koi nhi sunega farmer ban jao tax mat do
"We have the honor of supporting the Nation Twice over": SARCASM at Peak.
Spot on Ms. Palki, why is this unjust for the people who are salaries taxpayers.
More power and respect to you Palki Sharma. ❤❤❤