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Indian Budget 2024 EXPLAINED in 10 minutes | Real Winners & Losers

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  • เผยแพร่เมื่อ 6 ก.ย. 2024
  • Check out Scaler School of Business- bit.ly/SSBXAEVY
    and use the coupon code "SSBAEVY"
    Learn how to edit videos like AevyTV, attend FREE editing masterclass: class.aevytv.c...
    Ever wondered where your hard-earned money goes? We break down India's Budget 2024 in a way that actually makes sense. From tax changes that could save you thousands to new internship schemes and startup benefits, we've got it all covered.
    In this video:
    • Tax slab changes explained
    • The truth about the ₹17,500 savings claim
    • Capital gains tax hikes and what they mean for your investments
    • New schemes for employment and education
    • State-specific allocations and their political implications
    • Good news for startups and MSMEs
    Whether you're a salaried professional, an entrepreneur, or just trying to adult and figure out your finances, this video has something for you.
    📌Follow us on Instagram here: / aevytvdaily
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ความคิดเห็น • 976

  • @aevytv
    @aevytv  หลายเดือนก่อน +46

    Check out Scaler School of Business- bit.ly/SSB-AEVY
    and use the coupon code "SSBAEVY"

    • @ParthRathore845
      @ParthRathore845 หลายเดือนก่อน

      I love you ❣️

    • @user-d261
      @user-d261 หลายเดือนก่อน +2

      How to get those opportunities introduced?
      From where?
      To whom?
      Registration?

    • @user-d261
      @user-d261 หลายเดือนก่อน +1

      Born in MP
      Lost Job a year ago in IT
      It's been already 1 year
      I think the COUNTRY don't want people like US

    • @ksivithaca
      @ksivithaca หลายเดือนก่อน +1

      Thank you for a crisp analysis. Minor (technical) correction at 10:55: People of India are not citizens of any particular state. India does not have dual-citizenship system where individuals are citizens of the Nation and the Sate where they reside in. Thus, saying "citizens of Bihar" is incorrect. "Residents of Bihar" would have been apt.

    • @AkshayCS1
      @AkshayCS1 หลายเดือนก่อน +1

      Sponsored content within video but without disclosure either in video or in the description? That's illegal.

  • @Twentizz
    @Twentizz หลายเดือนก่อน +1476

    The moral story is: the government will be changing over time and the rich will become richer... The poor will become more poor. But Even the middle class will become poor over the period of time. And this will never change or rather the situation will ultimately get worse Day by day..... We will just support the cricket heroes and their achievements and ignore the real issues of the country.....💔

    • @varunshivan9569
      @varunshivan9569 หลายเดือนก่อน +83

      That's the plan, keep public distracted and stay in power, use others achievements for self political gains.

    • @mightytitan1719
      @mightytitan1719 หลายเดือนก่อน

      nope because rich and poor class are powerfull
      rich guys - have money
      poor guys - do 12 kids by that they have population so vote bank
      middle class guys - sensible guys who do only 2 kids and pays eveything faithfull but no power , so they are victim
      if middle class burn 3 to 4 buses ,blocks trains and roads and show their aggressive behaviour then see what happens but they don't have balls,maybe they are too good for overall society

    • @irodov14
      @irodov14 หลายเดือนก่อน

      Education system to make you a salaried employee, income tax to Suck your salary out of you , and corruption to fill their pockets , that's all

    • @vibhutisrivastava2789
      @vibhutisrivastava2789 หลายเดือนก่อน +46

      Rich have marginal tax rate of 42.7% unlike poors who doesn't pay any direct taxes and also gets benefits from many freebies, schemes and subsidies so stop this mindless bashing upon rich and do hardwork by yourself to get out of poverty.

    • @allandsouza2288
      @allandsouza2288 หลายเดือนก่อน +8

      Rich make become middle class and middle class gonna be below poverty so govt can give 2 kg rice a month n take your vote.

  • @SMASH_REVIEWS
    @SMASH_REVIEWS หลายเดือนก่อน +766

    Our last Property sell saved me 11 Lacs of Tax bcoz of Indexation,
    But the Govt can't digest that, they want to snatch every last penny from our pockets.

    • @proobgaming2808
      @proobgaming2808 หลายเดือนก่อน +6

      its always like weighing balance one thing satisfy other doesnt

    • @libshastra
      @libshastra หลายเดือนก่อน +27

      Y'all deserve this. When Middle class goes on vacation during elections then you deserve the most extractive budget that comes after the result. Live with it.

    • @SMASH_REVIEWS
      @SMASH_REVIEWS หลายเดือนก่อน +98

      @@libshastra thats like a thousand assumptions u made there ? How many Middle class people went on vacation ?, i am curious .

    • @ishaanchadha5513
      @ishaanchadha5513 หลายเดือนก่อน +4

      Tax at 12.5% earlier it was 20%

    • @Manpreet0891
      @Manpreet0891 หลายเดือนก่อน +9

      Deal in only cash simple🤗

  • @Twentizz
    @Twentizz หลายเดือนก่อน +1675

    Tax like Europe.... Services like Uganda

    • @varunshivan9569
      @varunshivan9569 หลายเดือนก่อน +37

      😂, perfect quote.

    • @ksp-ic4pq
      @ksp-ic4pq หลายเดือนก่อน

      Worst government that’s the reason why I will go to foreign and stay there

    • @Viper60589
      @Viper60589 หลายเดือนก่อน +168

      Why are you comparing us to Uganda?
      I'm sure they have much better facilities than us.

    • @Twentizz
      @Twentizz หลายเดือนก่อน +19

      @@Viper60589 see for yourself before replying. I am not a noob to comment on anything and anywhere. Get ur homework done

    • @sujitpaikaray7432
      @sujitpaikaray7432 หลายเดือนก่อน +1

      What an example 😅😅

  • @nadeabhi3500
    @nadeabhi3500 หลายเดือนก่อน +344

    Being a BIHARI sometimes I feel ashamed of why our country has the most corrupt politicians, especially BIHAR , literally a 2800 cr bridge just collapsed for no reason, whenever I tell my friends that I want to MAKE BIHAR at least 1% better,they laugh bcz they say in Bihar everything has corruption.
    I mean to say why these officers and politicians and contractors don't feel guilty when they just ask for bribes for very small things and eat all the money allotted by the government for any project, i would love ,If government stopped paying BIHAR that much money, 1 ruppe BIHAR collects and get 7.1 rupees and development ke name per kuch bhi nahi 😢😢😢😢😢😢
    Wow , my Father, grandfather, in fact my whole family pays tax for making projects that collapse easily 😢😢
    Being a middle class sucks In INDIA

    • @ayuh5518
      @ayuh5518 หลายเดือนก่อน +5

      L Bihar 🤡

    • @nadeabhi3500
      @nadeabhi3500 หลายเดือนก่อน +4

      @@ayuh5518 problem is that BIHARI people need to change their attitude and start thinking border but I know they are underpaid and not that much economically stable, the politicians ruined image of bihar OTHERWISE BIHAR is a good place with good people 🫡🫡🫡

    • @badrikedar9906
      @badrikedar9906 หลายเดือนก่อน

      Mere dil ki baat boldi bhai yhi mai apne state uttarakhand ke baare mai sochta hu or riswat khori to bhai sahi bola or itne ghtiya decision inlogo mai sach mai andr se ni ata hoga kya ki ye kya krra hai thodi bhi saram ni aati hogi inko @nadeabhi3500

    • @PradeepKumar-tq4ev
      @PradeepKumar-tq4ev หลายเดือนก่อน

      ​@@nadeabhi3500total Indian politicians are corrupted not only Bihar that's why we are stillll developing onlyy. Our politicians are becoming rich and rich with crores car, big bungalows, hundreds of acres of lands, full businesses, crores bank balance but middle class people still have not grown atleast 1 percent of these politicians even though we only work and earn money and these BASTARDS LOOT THEM 🤯🤯🤯😤🤯🤯🤯

    • @crixeditz48
      @crixeditz48 หลายเดือนก่อน

      India sucks.

  • @Tigewasse
    @Tigewasse หลายเดือนก่อน +557

    taxpayers ≠ whole india ❌
    taxpayers = middleclass people✅

    • @ekko2090
      @ekko2090 หลายเดือนก่อน +12

      In india 2% people pay income tax. So only 2% middle class ? People are dump to realise nothing changed for middle class, tax is same and so rates. People are angry because they need to pay tax😂. Fools, then tell me how the country can run without taxes ?

    • @djthope9710
      @djthope9710 หลายเดือนก่อน +3

      2% ?
      Dude are you insane
      2% paying for the whole country to run ?

    • @sohilvasaya9241
      @sohilvasaya9241 หลายเดือนก่อน +7

      ​@@ekko2090there is no return on their taxes. What do they get, the government hospitals are shit (doctors and surgeons are underqualified), and you also know what is the situation of schools even the teachers do not come to achool there they just take salary, and every where we have to give tax but no return

    • @sohilvasaya9241
      @sohilvasaya9241 หลายเดือนก่อน +6

      ​@@ekko2090then you pay 100% of you salary to government for the country's development. Dont work for yourself and family work for free for government

    • @archit1048
      @archit1048 หลายเดือนก่อน

      @@djthope9710 lol surprised?

  • @manaskhosla4295
    @manaskhosla4295 หลายเดือนก่อน +453

    Hafta wasooli at it's best! Tax wouldn't hurt that much if middle class was "actually" getting something. Tax should be an investment into the country and by extension oneself. Not for luxury of ministers, bureaucrats and corruption.

    • @varunshivan9569
      @varunshivan9569 หลายเดือนก่อน +37

      Yup, every new minister or reelected ones also wants a new Mercedes or Bentley for himself every time. I am tired of seeing so much unaccountability in our administration. They drink our blood and then give crappy roads and corruption at every level and when confronted do blame game with their huge egos.

    • @CynicAtheist
      @CynicAtheist หลายเดือนก่อน

      Taxation is theft. Don't believe the lies.

    • @angelangel-vv2yz
      @angelangel-vv2yz หลายเดือนก่อน

      It's like bribe or hafta by force by this government

    • @ccq9732
      @ccq9732 หลายเดือนก่อน

      ​@@varunshivan9569 Don't forget another fact that other states which actually pay taxes Don't get their tax paying benefits but instead of shitty states like Bihar. I always believed that all states should be equal to everyone's eye but when we Northeast people ask for a higher budget they give us their so called "ASSISTANCE" for natural disasters and civil unrest but give the most corrupt and useless state in the country Bihar crores of money for "FLOOD RELIEF". No wonder organizations existed like ULFA cause where is the equal distribution of tax money and facilities to other states. Just because bihar helped them to form a coalition govt makes them a top priority, some bullshit. Even with the budget they give to bihar, their bridges and roads still break and crumble by a small gust of wind. Yeah no chief, maybe start giving tax benefits to ACTUAL DEVELOPING AND TAX PAYING states and maybe then we'll think. Bullshit government and some bullshit people. No wonder other foreign nations clown on us. Unity in diversity my ass, fuckers fight cause of religion but boast that the country is diverse. It's like the govt dosen't even read the constitution sometimes.

    • @rahulsawant8369
      @rahulsawant8369 หลายเดือนก่อน +1

      Bhai
      Modi hain
      Toh Lootana
      Mumkin hain.
      Aur karo religion pea voting...

  • @DhavalChauhandvl
    @DhavalChauhandvl หลายเดือนก่อน +321

    Removal of Indexation benefit breaks my heart.

    • @PrajwalShewatkar
      @PrajwalShewatkar หลายเดือนก่อน +64

      Nimmo is saying don't invest. Spend it all. Such a bi*** FM

    • @sampatkalyan3103
      @sampatkalyan3103 หลายเดือนก่อน +5

      ​@@PrajwalShewatkar agreed

    • @HydrousVerified
      @HydrousVerified หลายเดือนก่อน +10

      she is literally the biggest BKL I have ever seen @PrajwalShewatkar

    • @51lkyw4y
      @51lkyw4y หลายเดือนก่อน +5

      But tax rate reduced from 20% to 12.5%...

    • @HydrousVerified
      @HydrousVerified หลายเดือนก่อน +1

      @@51lkyw4ybro tax mei compensation jo hota tha wo ab nahi hoga... mtlb kayi log ka loan and all mei adjust hokey 0 tax ho jata tha... But ab nahi hoga.

  • @djohn0909
    @djohn0909 หลายเดือนก่อน +214

    main problem is middle class person never protests or is loud about their issues.
    Remember - Squeaky wheel gets the grease.

    • @dhruvakhera5011
      @dhruvakhera5011 หลายเดือนก่อน +5

      kare kaise itna mind numbing kaam karte hai sochne ke liye time kon deta hai inko, abhi passport office gaya, pure din bas documents scan karna hai photo lena hai ek kursi mei baithke, no challenge on the mind then how do you expect them to think not for themselves but for others too

    • @varadkulk
      @varadkulk หลายเดือนก่อน +4

      Most of the middle class doesn't pay taxes
      Only 2% of india gets affected
      This year's taxes might be lower as the slabs were reduced in the 2022 budget

    • @TheKaranSK
      @TheKaranSK หลายเดือนก่อน

      Middle class mentality is we are earning enough to survive, and they don't care about poor. people fantasize about been rich so rich people are their idols. If we openly discuss about tax and politics, then its fights between left and right wing.

    • @shubhsehgal9127
      @shubhsehgal9127 หลายเดือนก่อน

      ​@@varadkulkmiddle class only pay tax

    • @djohn0909
      @djohn0909 หลายเดือนก่อน +1

      @@varadkulk bro you might want to revisit the definition of middle class

  • @EmptyRedBullCan
    @EmptyRedBullCan หลายเดือนก่อน +33

    Government to middle class- Your loss is your loss but your profit is our profit

  • @Vanyajeevi
    @Vanyajeevi หลายเดือนก่อน +84

    Looks like when Modiji announced ‘na khaunga, na khaane doonga’ he was actually referring to 1.5 percent Indian population of honest tax payers.. because there is no reduction in corruption at ground level.. in India situation is like ‘taxes are like Europe, facilities are like Uganda’

    • @shallwethinkbig
      @shallwethinkbig หลายเดือนก่อน

      Im laughing with pain. Well said sir

    • @rahulsawant8369
      @rahulsawant8369 หลายเดือนก่อน +3

      Aur karo Religion pea Voting

  • @user-gp2by3km6c
    @user-gp2by3km6c หลายเดือนก่อน +177

    Middle finger for middle class

  • @KENRBLXGAMING
    @KENRBLXGAMING หลายเดือนก่อน +246

    Please recommend a good county to move to guys 😂

    • @drrajmmc
      @drrajmmc หลายเดือนก่อน +18

      Cayman island or panama

    • @cuckoonut1208
      @cuckoonut1208 หลายเดือนก่อน +50

      We have ideas but won't tell because of population.

    • @asidtalks
      @asidtalks หลายเดือนก่อน +17

      Dubai

    • @Zizians
      @Zizians หลายเดือนก่อน +7

      Norway

    • @plainsimplefaith
      @plainsimplefaith หลายเดือนก่อน +6

      UAE 😂

  • @satishmaurya3404
    @satishmaurya3404 หลายเดือนก่อน +21

    Taxes like Austria,
    Governance like Mars
    Infrastructure like Moon

  • @user-go3zn8by4k
    @user-go3zn8by4k หลายเดือนก่อน +16

    Nirmala tai you dropped this🧠

    • @rahulsawant8369
      @rahulsawant8369 หลายเดือนก่อน +1

      Thats the entire BjP's condition bro..
      And huh also
      One is
      "Unbiological" among them
      Usko toh koi lena dena
      Nahi uss emoji se...

  • @coruscated
    @coruscated หลายเดือนก่อน +149

    Worst FM of the century

    • @sodabutnofizz1294
      @sodabutnofizz1294 หลายเดือนก่อน

      Bold claim, we had an even worse pre 2014 which can be statistically proven.
      Although social media did not exist back then to run false narratives about the budgets.

  • @Sajuv95
    @Sajuv95 หลายเดือนก่อน +39

    If you're earning b/w 6-7 laks the reduction of 5% is not gonna save you anything.
    You get a rebate from paying tax if your income is upto 7 lakhs. So there is no change in people having income upto 7 lakhs. The rate cut benifit people earning more. Not the lower section of middle class.

    • @rudebutgood
      @rudebutgood หลายเดือนก่อน +4

      Neither middle nor rich class are going save any taxes in this budget. No need to target people who earn more..

  • @farhadastrodent8283
    @farhadastrodent8283 หลายเดือนก่อน +106

    Government to Rich people :👍
    Government to Middle class :🖕
    Government to Poor People : 🚜☠

    • @rahulsawant8369
      @rahulsawant8369 หลายเดือนก่อน +4

      MODI hain toh Mumkin hain ...🤫🤭

    • @gauravgupta322
      @gauravgupta322 หลายเดือนก่อน

      You perhaps looked at the budget with one shallow point!

    • @ashutosh3161
      @ashutosh3161 หลายเดือนก่อน +2

      ​@@gauravgupta322 aaa gaya jaatiwaadi

    • @AdityaPython
      @AdityaPython หลายเดือนก่อน +1

      Bulldozer for poor😢

    • @farhadastrodent8283
      @farhadastrodent8283 หลายเดือนก่อน +1

      @@gauravgupta322 is this guy perhaps an idot ? No one care about the poor because they do no give much in tax to began with , the max amount of money a middle class can save is like 17000 per year , Now you have to pay even more tax in shear market . rest of the rules only give advantage to corporations . ROI (return of investment ) is horrible . Infrastructure system is poor . Some time government air port is in trouble in Delhi , sometime hoarding is falling over in people in Mumbai , bridges are falling in Bihar . Many people have died in these incident and It may even be you next time Mr. Gaurav .Some people are just so dumb that is all most life threatening. I hope I never meet this 🤡 in reality thanks.

  • @soonapaana860
    @soonapaana860 หลายเดือนก่อน +239

    Tamil Nadu, one of the highest tax contributors to India, yet gets ignored in this budget session.
    People in the internet justify this by saying Bjp didn't win a seat so no good returns. What the heck is wrong with all of the braindead people.

    • @ommmishra9700
      @ommmishra9700 หลายเดือนก่อน +43

      as you said all these ppl are blockheads...just see the comments and u would realize these ppl dont give shit...welp i am hating my country more and more....the pension thing really sucks cuz this will affect many families....damn.

    • @tarunbora9469
      @tarunbora9469 หลายเดือนก่อน +26

      Not tamilnadu , many states who voted for bjp including our state got nothing ..
      Second, I am still neutral about giving money to bihar , coz they actually need it ..(but why AP)...

    • @Dattebayo3089
      @Dattebayo3089 หลายเดือนก่อน

      Lol maharashtra pays most tax. Most jobs exist in maharashtra. In india out of 15 districts, 7 districts highest GDP revenue come from Maharshtra. even remittance also sent by Maharshtrian most and it's 35%. Irony is Maharshtrian now don't get any job in Maharshtra cuz north indian cheap labour replaced Maharshtrian in maharashtra. Also tamilians are 3rd most cheap labour and slum population in Mumbai after up/bihar and bangadeshis. So don't know what kind of arrogance tamilians have

    • @artistrahhul4244
      @artistrahhul4244 หลายเดือนก่อน +4

      Since we are braindead people... GFUS... LOL

    • @prudhvireddy3186
      @prudhvireddy3186 หลายเดือนก่อน +23

      @@tarunbora9469 "But why AP?" seriously? We don't have a capital at all right now.

  • @atharvaatre3273
    @atharvaatre3273 หลายเดือนก่อน +99

    The removal of indexation benefits for capital gains tax is a fucking joke 😢

    • @SSModi852
      @SSModi852 หลายเดือนก่อน +25

      These bastards are benefitting wealthy investors who will churn real estate. I hate BJP now. People should march on roads against this budget. This a fucking joke.

    • @atlerfix4240
      @atlerfix4240 หลายเดือนก่อน

      Try to do it will get to know​@@SSModi852

    • @rahulsawant8369
      @rahulsawant8369 หลายเดือนก่อน +5

      ​@@SSModi852Aur karo Religion based Voting.
      Yehi toh opposition khe raha tha..
      Contract working
      Taxation leived on NPA
      Burdened by heightining of GST
      Increasing Badwidth of various commodities under GST.
      Karo aur Voting uss "Unbiological" ke Jumple par.

    • @Anarchist369
      @Anarchist369 หลายเดือนก่อน

      ​@@SSModi852 😂 u deserve it...bjp supporter happy in demolition of Muslim Houses and dream of hindu raj 😂 now bjp demolished hindu houses in ayodhya that's why lost MP seats..
      This government is always the worst...Modi image only made by paid media. In reality a criminal...sar pe chadaya tha na ab bukto😂..Tax ab ambani adani ke jaid mai ayegaa 😂 neet scam/Nta scam/upsc scam...sab changa siiii.. amritkal 😂

    • @orion7326
      @orion7326 หลายเดือนก่อน

      In a country where property prices are disproportionately high, why are you hoarding a basic necessity like houses for your profit?
      Pay higher tax on buying house for profit purpose, let property price come down.

  • @Twentizz
    @Twentizz หลายเดือนก่อน +683

    middle class ko bs middle finger milta hai ....kon kon agree krta hain

    • @kumar.193
      @kumar.193 หลายเดือนก่อน +23

      The middle class is happy due to the construction of Ram Mandir. After the temple construction and electing BJP, middle class who are non true hindu earlier became true Hindu now. So govt decided to tax middle class as they made you feel pride.

    • @BigDicTRP
      @BigDicTRP หลายเดือนก่อน

      middleclass ko education mila hota toh itna faltu ka randi rona nahi laga raha hota lmao

    • @sniperhead1000
      @sniperhead1000 หลายเดือนก่อน +4

      Same here in Australia where i spent an insane amount of tax
      So glad i left that stupid country

    • @vibhutisrivastava2789
      @vibhutisrivastava2789 หลายเดือนก่อน +11

      ​@@kumar.193Ayodhya mei hi BJP haar gayi aur nahi unko majority mili iss baar magar fir bhi tumlog abhi tak Ram Mandir ko lekar hi pareshan ho!!? Gajab ke log hai iss desh mei 🤦‍♂️😅

    • @vanacharlasaipavankumar6331
      @vanacharlasaipavankumar6331 หลายเดือนก่อน +4

      hey who is middle class could you clarify me ?? because fucking up to 15 lac they have to pay just 1.4 lac in taxes

  • @abhirup780
    @abhirup780 หลายเดือนก่อน +146

    Shooting and editing with such standards in just few hours! Commendable!

    • @cuckoonut1208
      @cuckoonut1208 หลายเดือนก่อน +6

      Screaming woman can turn the globe the opposite way.

    • @Pratim-z7l
      @Pratim-z7l หลายเดือนก่อน +2

      ​@@cuckoonut1208 Just like Mahua? 🍯

    • @Homie5151
      @Homie5151 หลายเดือนก่อน +6

      Comment about what's being said in the video and criticize/provide insights ❌
      Praise the editing like a npc ✅
      Seriously, this is their job. They are supposed to edit like this and not like some Indian tiktok.

    • @lightningmcdweeb
      @lightningmcdweeb หลายเดือนก่อน

      @@Homie5151 faceless troll stfu. your life must be sad if youre this irritated by someone complimenting someone else, even if its expected of them.

    • @hellokitty16pink
      @hellokitty16pink หลายเดือนก่อน +5

      ​@@Homie5151i think both the editing and the insights can be appreciated appreciating one doesnt hide the others

  • @valoon_jain
    @valoon_jain หลายเดือนก่อน +37

    Hey Achina!
    I would like to provide a feedback
    Make it an yearly thing to do these budget explained videos and also like once time has passed after the budget implementation, I would love it if you made a video on how the schemes and budget allocation has effected our economy and the different sectors targeted, and has those schemes been well executed or poorly done.
    Basically an evaluation video of the previous budget on whether it succeeded in doing what it set out to.

  • @derekjoe22
    @derekjoe22 หลายเดือนก่อน +11

    Indexation accounts for inflation in cost of acquisition of an asset. Say you bought something for Rs. 100 today and hold the asset for 10 years. Assuming an average inflation rate of 6%, the cost of acquisition will be 179 after 10 years.
    Now say you sell it for 250 after 10 years. With indexation you'll be making a profit of 71 on which 20% tax was applicable, amounting to 14.2. Without indexation, your profit will be 150 on which 12.5% tax amounts to 18.75. So now you're paying more tax. Increase the number of years of holding, and see the gap rise dramatically in tax paid. Say for 20 years and 450 selling price the taxes will be 25.8 and 43.75 respectively.

    • @vivekmitraMitra
      @vivekmitraMitra หลายเดือนก่อน

      Jana lawde who will invest???​@FirstNameLastName-lo6dg

  • @Nick75948
    @Nick75948 หลายเดือนก่อน +112

    India is like a ship with a small hole in it. We have a choice:
    1. Wait for the flow of water to increase and then jump
    2. Jump off the ship now.
    3. Dream of something magical happening in future.
    #Budget2024 #CaptainNirmalaSitharaman
    In my personal opinion India is no longer a place for middle and upper middle class to live and it will continue to be so for next 20 years at least.

    • @fallapart6378
      @fallapart6378 หลายเดือนก่อน +6

      As a student I have the option of jumping out so I need to take it I guess

    • @IronFist080
      @IronFist080 หลายเดือนก่อน

      Yep​@@fallapart6378

    • @Nick75948
      @Nick75948 หลายเดือนก่อน +1

      @@fallapart6378 True brother! Good luck for that.

    • @013nil
      @013nil 21 วันที่ผ่านมา

      actually, many upper middle class people disagree with you. I dont see my self as upper middle class, but if you look at the past 4 years, people have started earning more as well as spending more but saving less.

  • @c00lguy12345
    @c00lguy12345 หลายเดือนก่อน +77

    How are they planning to give 10,000,000 internships with fortune 500 companies. Are they just hoping that these companies will employ 10,000,000 Indians or they got some contacts with these companies. I hate when the governments throw such figures and no media wants to ask these politicians for concrete details. The fortune 500 companies have 30,000,000 total employees as of right now. How are they going to take in additional 33% workforce specially from India. Are Indians going to get special visas to work in these companies? Are we going to work remotely.

    • @sai_yerni_akhil
      @sai_yerni_akhil หลายเดือนก่อน +6

      Top 500, not Fortune 500 companies

    • @halfmightu2103
      @halfmightu2103 หลายเดือนก่อน +21

      @@sai_yerni_akhil ? top 500 what lol , just admit you are just defending a party here.

    • @kumar.193
      @kumar.193 หลายเดือนก่อน +10

      Those are pakoda creation internship as Modi already suggested he will implement.

    • @ajaykumarsingh702
      @ajaykumarsingh702 หลายเดือนก่อน

      ​@@sai_yerni_akhil
      Isn't that the same thing ?

    • @vibhutisrivastava2789
      @vibhutisrivastava2789 หลายเดือนก่อน +4

      Btw it is top 500 not fortune 500 both have difference also providing internship is different from employment contracts and neither you are called an employee under internships it's more about of skill and development of a worker so it could be very much possible but implantation matters.

  • @ErenYeager0607
    @ErenYeager0607 หลายเดือนก่อน +10

    Finally someone talked about education in budget

  • @Manikanta.Rapolu
    @Manikanta.Rapolu หลายเดือนก่อน +27

    3:21 Video starts here😅

    • @METACRTV
      @METACRTV หลายเดือนก่อน +1

      😂😅

    • @DESIBOY-fe7nm
      @DESIBOY-fe7nm หลายเดือนก่อน +1

      Thanks

  • @arjunbhandari2466
    @arjunbhandari2466 หลายเดือนก่อน +6

    I don’t know how to but can some one start a petition. Middle class is the victim of this entire story!!!

  • @codelyokofan1092
    @codelyokofan1092 หลายเดือนก่อน +6

    See everything is okish but one main crime is the indexation. They can't remove that just like that. That's absolutely insane!!! Then what's the point of buying and holding real estate?

  • @parinditabhattacharyya175
    @parinditabhattacharyya175 หลายเดือนก่อน +21

    Paying tax like Europe service feels like Uganda

    • @NaSaSh1087
      @NaSaSh1087 หลายเดือนก่อน +3

      Europe has upwards of 40% income tax on white collar workers whereas an average income tax payer pays only about 10% income tax.
      India average GST is 11.6% whereas Europe has 19-27% VAT depending on the country.
      Europe has more than 20% LTCG whereas in India it is 12.5%.
      They have higher petrol tax than India.
      Only corporate tax rate is similar to Europe.

  • @sriharsha_gade
    @sriharsha_gade หลายเดือนก่อน +3

    FYI : Money given for AMARAVATI is given as a debt and it is not as a grant it has to be repaid by the state government after 30 Years

  • @DarshberryJam
    @DarshberryJam หลายเดือนก่อน +34

    Moving out of this country looks like the best option rn

  • @gira_hoya_banda
    @gira_hoya_banda หลายเดือนก่อน +41

    They reduced tax on normal slabs a bit and increased standard deduction, but at same time time increased tax rates for income from investment, particularly shares
    But since even today majority of middle class dont do trading, it might not affect middle class harsh
    But removing the benefit of indexation is the worst decision, people deserve that deduction

    • @orion7326
      @orion7326 หลายเดือนก่อน

      In a country where property prices are disproportionately high, why are you hoarding a basic necessity like houses for your profit?
      Pay higher tax on buying house for profit purpose, let property price come down.

    • @gira_hoya_banda
      @gira_hoya_banda หลายเดือนก่อน

      Its not easy to implement what you are saying, numerous loopholes exist.
      Though i agree with your message, i too hope homelessness is reduced.

    • @Indianlover1994
      @Indianlover1994 หลายเดือนก่อน

      No benefits for middle class

    • @orion7326
      @orion7326 หลายเดือนก่อน

      @@Indianlover1994 No benefits for upper middle class.
      Lower middle class gets plenty.

  • @HARSHADtp
    @HARSHADtp หลายเดือนก่อน +2

    The irony is corporate tax is lower than personal income tax in this country

  • @ishankumar9649
    @ishankumar9649 หลายเดือนก่อน +4

    1 Crore internships is absolutely ludicrous. Fortune 500 in total employ 3 crore people. I can't see them taking 1 crore interns just from India.

  • @LivingFish98
    @LivingFish98 หลายเดือนก่อน +1

    Madam casually asked us to "go make more money" instead of expecting tax savings 🤣

  • @loly42069
    @loly42069 หลายเดือนก่อน +36

    The main reason for removal of indexation is that government doesn't want the normal folks to know the effect of inflation.
    If something costed 100 in 2001, now it would cost 348 on the basis if indexation, which is simply not true. It would cost more than 1000 I'm sure.
    Plus the extra tax recovery is just an added bonus for them.
    Man, i wanna leave india now.

    • @rahulsawant8369
      @rahulsawant8369 หลายเดือนก่อน +2

      When you have 4th Fail as PM
      And a Doubtful Master in Finance M.Fin
      This is a predictable result.

    • @ORAACLE8299
      @ORAACLE8299 หลายเดือนก่อน

      ​@@rahulsawant8369get a life instead of commenting on every comment also check the real inflation Rate it was as high as 11% during UPA and Is only 4% or 6% even during covid where many countries are struggling with reccesion

    • @karansri283
      @karansri283 หลายเดือนก่อน

      Hindu-muslim debates were so good... Why people are talking about real issues? 😢😢😢 🇮🇳

  • @HarshitDaftary
    @HarshitDaftary หลายเดือนก่อน +3

    If they remove indexation in Real Estate, they are indirectly asking us to buy new flats from builders instead of resale. If you buy for resale, means you have to pay in black money. Isn't it motivation to bring more black money to the economy ?
    My flat that was baught on 33L , sold on 48L. After indexation I had to pay Capital Gain on 3L. But now I will have to pay Capital Gain on 16L !!!
    I was planning to buy resale flat, the owner baught on 50L and selling on 95L, His capital gain is 0. But now he will ask me to pay remaining 45L in Black money. Bank charges 5 rupess on all extra amount withdrawn from Account post 2L.
    Why shouldn't leave India ?

  • @LplusRatioLol
    @LplusRatioLol หลายเดือนก่อน +57

    Very well explained, without political bias, just pure intuitive information

    • @sodabutnofizz1294
      @sodabutnofizz1294 หลายเดือนก่อน +14

      cant wait for people to label them godi media because she didnt abuse the govt at any point😂😂

    • @ayushnews5735
      @ayushnews5735 หลายเดือนก่อน +15

      ​@@sodabutnofizz1294 your previous comments on this channel are itself biased and self explanatory.
      You don't throw stones at others while living in a glass house

    • @imaXenoX
      @imaXenoX หลายเดือนก่อน

      ​He is a common citizen why does he need to be unbiased ?mtlb kuch bhi 🙂​@@ayushnews5735

    • @sodabutnofizz1294
      @sodabutnofizz1294 หลายเดือนก่อน

      ​@@ayushnews5735 im not even a supporter of this govt. im more of a hater of this incompetent opposition we have which only works on spreading false narratives instead of talking on main issues.

    • @sodabutnofizz1294
      @sodabutnofizz1294 หลายเดือนก่อน +3

      @@ayushnews5735 is my reply to your comment visible? i cant see it from my end and it might be a glitch

  • @PrajwalShewatkar
    @PrajwalShewatkar หลายเดือนก่อน +12

    Indexation ka dekho! 12.5% on gold sale?? WTF!

  • @noclicheplease
    @noclicheplease หลายเดือนก่อน +4

    Removing the indexation benefit will increase the land prices even more. Sellers will never bear the taxes by themself.

  • @sagartomar3461
    @sagartomar3461 หลายเดือนก่อน +3

    This government always tries to show that they are capitalist but everytime on every budget they shows that they are capitalist only for big industrialists they only get tax deduction not others😂

  • @fappuzen
    @fappuzen หลายเดือนก่อน +9

    the monitor shake the right is insaneee

  • @VikasHarami-up8cv
    @VikasHarami-up8cv 22 วันที่ผ่านมา +1

    I am a CA and yes, I can understand from where hate towards the budget is coming from and rightly so although do keep in mind, economics is all about trade offs(watch Thomas sowell lectures wherein he has beautifully explained the concept of budget of a country and impact of its social programs)

    • @VikasHarami-up8cv
      @VikasHarami-up8cv 22 วันที่ผ่านมา +1

      This video has somewhat a narrow perspective on budget……..do reconsider bringing a CA on budget related videos.

  • @sachin2842
    @sachin2842 หลายเดือนก่อน +14

    no respite for middle class ltcg 12.5% ans also STT 😢 CANT keep paying this GOI time to invest in other countries which treattax payers with respect ❤

    • @falcon20243
      @falcon20243 หลายเดือนก่อน

      They will collect 5% tax TCS under 7 lakh and 20% for above 7 lakh. You can't even invest outside without feeding these parasites.

  • @KM-hm3sw
    @KM-hm3sw หลายเดือนก่อน +2

    How much financial aid will they give to Bihar? Does South Indian states have any benefit in GST collection?

  • @namansharma2721
    @namansharma2721 หลายเดือนก่อน +7

    Great Summary. ThankYou!

  • @BABABENNETT
    @BABABENNETT หลายเดือนก่อน +2

    someone said back ago petrol and prices will be reduced soon and it's above 100 even afer covid

  • @Hashasino
    @Hashasino หลายเดือนก่อน +3

    Bro, the turnaround time for this video is crazy 💀 I'm astonished you guys got this out so fast.

  • @shubhudabak
    @shubhudabak หลายเดือนก่อน +1

    If you do the calculations, in most cases n across most holding periods, if you have a CAGR of 11% + on your real estate or gold investment, then the new 12.5% ltcg without indexation actually might save you some tax. 11% is not that difficult to achieve considering FDs give 6-7%. If you cant even do 11% its just a bad investment.

  • @zavahar
    @zavahar หลายเดือนก่อน +29

    Who is saying middle class didn't got anything?
    . They got middle finger as always

    • @DESIBOY-fe7nm
      @DESIBOY-fe7nm หลายเดือนก่อน +1

      Side effects of going on picnic on poll day. 😂

    • @Alpha-cf8fh
      @Alpha-cf8fh หลายเดือนก่อน

      @@DESIBOY-fe7nm This time we had gone on Picnic, Next time we will Gonna go to Abroad and leave this Shithole Sub saharan 3rd world Garbage dump.

    • @NaSaSh1087
      @NaSaSh1087 หลายเดือนก่อน

      @@DESIBOY-fe7nmkhatakat and wealth survey would lead to Higher Spending and in economics, one learns that higher spending always leads to higher taxes if not higher borrowing because the deficit increases.

  • @cicygeorge6075
    @cicygeorge6075 หลายเดือนก่อน

    I loved your presentation. Simple language and clear expression of things

  • @mrbharathkiran.1508
    @mrbharathkiran.1508 หลายเดือนก่อน +8

    What a unique time to upload a video

  • @blackbeard7852
    @blackbeard7852 หลายเดือนก่อน +1

    I could not ignore your monitor rocking...😊

  • @wordsbydivya
    @wordsbydivya หลายเดือนก่อน +4

    First comment on the video & Also the first channel from my networking who shared budget video. Thank you 💜😊.

  • @amolkale8496
    @amolkale8496 หลายเดือนก่อน +1

    CAPITAL GAINS: Indexation is cancelled But the tax is reduced from 20% to 12.5 % .... which eventually results is paying less tax, request you to review your explanation

    • @Shiv_00_99
      @Shiv_00_99 หลายเดือนก่อน

      Are you blind or dumb? You'll obviously have to pay more tax without indexation

    • @sandrosadhukhan
      @sandrosadhukhan หลายเดือนก่อน

      the Capital on which tax is calculated increases significantly due to cancellation of indexation benefit, hence tax to be paid is more. Request you to do simple arithmetic before commenting

  • @Stephanpereira1994
    @Stephanpereira1994 หลายเดือนก่อน +3

    This has been super insightful. Thanks so much for posting today. Was confused and now so much clearer.

  • @gp6541
    @gp6541 หลายเดือนก่อน +1

    Very well explained with clear info and not being biased 👏

  • @SMASH_REVIEWS
    @SMASH_REVIEWS หลายเดือนก่อน +4

    Is the Development in the Room with us ?

  • @Jay-Atom50
    @Jay-Atom50 13 วันที่ผ่านมา

    Good information. I am in the US watching this video to see how things have changed in India. One suggestion, it would be nice to leave the displayed numbers and tables on the screen for 5 to 8 seconds more to let people read it and process it before it disappears. When you get passionate about a certain topic, you tend to speak really fast. That’s good but slow down a bit to help us keep up with you. I came across this channel today and have watched quite a few videos. Keep up the good work.

  • @directorsview..1499
    @directorsview..1499 หลายเดือนก่อน +4

    I loved the edit amazing 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥❤❤❤❤❤

  • @manaoharsam4211
    @manaoharsam4211 หลายเดือนก่อน +2

    Tax rates for people making more then 50 lakhs per year should be set at 30 percent . People making more then one crore set to 35 percent.
    Making less then 50 lakhs but more then 25 lakhs 18 percent. Less then 25 lakhs but more then 15 lakhs 10 percent. Less then 15 lakhs no tax.
    Get revenue from black money sources.

  • @parallaxx101
    @parallaxx101 หลายเดือนก่อน +10

    Achina Mayya
    ⚠P L E A S E fix that bobbing monitor.
    * Its been neglected like the middle class, for a fair while now!

  • @gauravgupta322
    @gauravgupta322 หลายเดือนก่อน

    U.P, Maharashtra, Rajasthan, Karnataka, West Bengal, so on
    So many states were not named in the budget. We just read and watch the headlines on the main stream and social media. But No one truly good ahead and study about the budget allocations for other states!! When it is said the consumers have gotten a shorter attention span it has become fact in the present situation.

  • @truthfinder8652
    @truthfinder8652 หลายเดือนก่อน +7

    when people who earn more than 60k a month, and also has somebody who is a govt. employee, in their family, calls themselves as Middle class, that's the biggest joke with Middle class word itself.

    • @ksp-ic4pq
      @ksp-ic4pq หลายเดือนก่อน +3

      Then what is it actually

  • @gauravgupta322
    @gauravgupta322 หลายเดือนก่อน +1

    Political support to Bihar & AP ❌
    Need of the hour Support ✅
    These states have always looked down in the past. It’s a high time now that the govt should focused some real progress in both states.

  • @ktkthakre
    @ktkthakre หลายเดือนก่อน +3

    Nicely done.
    Also, congratulations on 700k!

  • @angkitmoirang3042
    @angkitmoirang3042 หลายเดือนก่อน +2

    So throwing 26 thousand crores to dustbin

  • @happyboy2830
    @happyboy2830 หลายเดือนก่อน +6

    Worst budget. It was a politically biased budget. Nirmala framed it only for Andhra and bihar without other state allocations. Zero for many major states for tamilnadu, Maharashtra, WB etc. Salary workers are screwed with LTCG and STT tax hikes to 12.5%. Tax burden reduced but everything else increased to balance it out

  • @wanacandy7902
    @wanacandy7902 หลายเดือนก่อน +1

    Starting background was wow!!

  • @heetsheth6402
    @heetsheth6402 หลายเดือนก่อน

    Positive thing about new budget is that it has made doing a business instead of a job a lot more compulsary.

  • @raghavgupta4641
    @raghavgupta4641 หลายเดือนก่อน +3

    People’s Hard-earned 26k Crore given to #Bimar!! 🤮🤮🤮

  • @krix502
    @krix502 หลายเดือนก่อน

    Your studio set up is too good ❤❤❤❤

  • @sodabutnofizz1294
    @sodabutnofizz1294 หลายเดือนก่อน +3

    An amazing budget. Cant believe pappu fans already criticising it who just repeat "nothing for middle class" without even reading the budget.

  • @abhilashknair262
    @abhilashknair262 หลายเดือนก่อน +1

    With all the taxes if there was some form social security or benefits for tax payer it would have made some sense to pay tsx, but here its all for politicians

  • @Test-ij6os
    @Test-ij6os หลายเดือนก่อน +1

    What are these financial things called where do i learn more of this?

  • @mohammedthahseen9866
    @mohammedthahseen9866 หลายเดือนก่อน +2

    can you please make a video on how many ways to leave India?

  • @AbishekEaswar
    @AbishekEaswar หลายเดือนก่อน

    Thank You AevyTv for creating amazing content about the Tax Regime which was much needed after the announcement of the Budget for Fy2024-2025.

  • @Dark-a242
    @Dark-a242 หลายเดือนก่อน +1

    "Hum log middle class nahi hein, Hum log middle finger class hein"
    ~Sunny
    ~Farzi

  • @alps747
    @alps747 หลายเดือนก่อน +1

    Side note: may be you should move your monitor out of the camera view as it keeps shaking as you talk with gestures.

  • @simonnight
    @simonnight หลายเดือนก่อน

    Budget whether good or bad, can't change corrupt politicians.

  • @malikshaik9157
    @malikshaik9157 หลายเดือนก่อน +1

    Please let us know what we got from last 10 years to Andhra Pradesh. A new state formed .

  • @vnvipindasyt
    @vnvipindasyt หลายเดือนก่อน

    Finally a video with some clarity instead of noise

  • @TheBharathbushan
    @TheBharathbushan หลายเดือนก่อน +1

    Middle class is tortured with tax . Rich becoming rich …. Poor becomes poorer.

  • @allenpaulutube
    @allenpaulutube หลายเดือนก่อน

    I love the content of Aevy TV. Just a humble suggestion to decrease the background music in your videos as I can hardly hear her speak. I noticed this only for your channel videos

  • @purushottamparakh5165
    @purushottamparakh5165 หลายเดือนก่อน

    What is bad is tax on selling property and tax on investment.. we had just began earning some money out of these two and planning to have good life.. hard earned money -> investment on land and stock -> wait for 10-20 years-> retire.. somehow they are destroying the plan.. I know one day they will also bring inheritance tax.. what is the way out from this problem ?? Please make a video on this

  • @himankraoyadav369
    @himankraoyadav369 หลายเดือนก่อน +1

    What's dividend tax now ??

  • @Itsmeonline7
    @Itsmeonline7 หลายเดือนก่อน +1

    10 mins listen carefully. Then, next 2 mins ads. 😤😤 😂😂

  • @nancybutola5473
    @nancybutola5473 หลายเดือนก่อน

    This is what is called a "to the point" content , keep up the good work :)

  • @kaushikss7402
    @kaushikss7402 หลายเดือนก่อน +1

    Why cont govnt concentrate giving on High quality skilled developing education within 12th grade only for free or low cost?

  • @Pratyushxkumar
    @Pratyushxkumar หลายเดือนก่อน

    You guys are just geting exponentially better everyday ♥️🔥

  • @RishiRaj-hu9it
    @RishiRaj-hu9it หลายเดือนก่อน +1

    Good analysis in the conclusion

  • @saivinayakp3125
    @saivinayakp3125 หลายเดือนก่อน +1

    Decreased tax to 5 from 10% for incum of 7 lakh per annum

  • @MCRailway18-rl
    @MCRailway18-rl หลายเดือนก่อน

    we're losing EVERYTHING
    mostly, as my parents just paid my college fee, now we ran out of money

  • @AbhiShettydancinginvoid
    @AbhiShettydancinginvoid หลายเดือนก่อน

    Thanks for the insight and interpretation….

  • @arghaguha7967
    @arghaguha7967 หลายเดือนก่อน +1

    just wanna say the shaking monitor was a bit distracting

  • @ShivangAgrawal12
    @ShivangAgrawal12 หลายเดือนก่อน +2

    11:52 Monitor in the video frame is wobbling.

  • @santhoshv3028
    @santhoshv3028 หลายเดือนก่อน +1

    Maharashtra, Gujarat, Tamil Nadu, Karnataka, harayana, Telangana all high tax paying states got nothing 😮😢. I am from one of these State i feel the pain. Current government see these states as cash cow only. There is no difference between British and this government.

  • @namakkalvlogs6920
    @namakkalvlogs6920 หลายเดือนก่อน

    That long term capital gain tax increase only will affect equity shares and equity oriented mutual funds. Not every asset get affected by capital gain tax increase.