Govt is freaking profiteering from us
Cousin got car serviced for ₹16,473. Add ₹3,126 GST. Paid ₹19,599 in total.
But wait! To earn that ₹19,599, he paid ₹8,400 in income tax too.
So for a ₹16,473 service, ₹27,999 left his pocket. That’s 41.17% tax! 😭🚗💸 TaxTerrorism or Profiteering 😡😡 more
But wait! To earn that ₹19,599, he paid ₹8,400 in income tax too.
So for a ₹16,473 service, ₹27,999 left his pocket. That’s 41.17% tax! 😭🚗💸 TaxTerrorism or Profiteering 😡😡 more
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People should know, owning car/ s may be very imoressive and in front of affluent, this man want to shine. Basically, the middle class man pays heavy GST or other tax only for shining in front of affluents. more
Jan 06
gst system as mentioned is being used by the Team to bull doze middle class citizens and i think as mentioned some time ago it is Gabbar singh tax and only is killing middle class salaried people who are already burdered by the taxes by the FM . more
Jan 05
First of all, owning a car is not at all a necessity and currently being considered as a luxury in India. More than the purchase cost, the cost of maintenance and fuel kills and is not suitable for lower/middle/ upper class, but only suitable for the rich. One can drive two wheelers and take the family for an outing in a Uber or a ola, which is cheaper than owning a car. If one wants to enjoy luxury, then taxes are inevitable. Secondly, One solution to the tax simplification issue is replacing income tax with more simplified unified tax system, e.g. expenditure tax. Income tax is a pain to all tax payers. Those above 7 lacs taxable income are taxed heavily. But those below 8 L pa are considered EBC. So these are contradictory. The executive should work in this aspect and liberate people from this burden. The threshold can be 12 Lacs taxable income till IT continues, or get it replaced with a unified system. more
Jan 05
Obviously, the govt needs huge amount of money to destroy places like the Andaman and Nicobar islands. more
Jan 05
GST system is being misused by Babus to loot the common man. Central Govt. FM and State Govt. FMs who constitute the GST Council are not affected by GST, therefore they are acting like rubber stamp on proposals put before them and approve them without application of mind. While introducing the GST in 2017 PM had said that it will be a Good and Simple tax. But his vision is slaughtered by Babus and Finance ministers. Babus introduced a very complicated system of GST and kept a loop hole of Input Tax Credit to allow frauds and massive corruption. Today maximum cases in Courts are related to GST. How irrational the present GST system is demonstrated by 28% GST on Cement. Even poor people are also consumers of Cement. The GST rate on Cement should be 5% without GST. All our appeals to remove the provision of Input ax Credit (ITC) the root cause of Fraud and Corruption have fallen on deaf ears. We have suggested that GST rates without ITC should be worked out. GST System can be made good and Simple by having following rates: * 0% for exempted goods and services * 5% for most of goods and services used for daily living * 12% for luxury goods e.g. AC, Cars etc. Ae you aware that there are 3 GST rates 5%, 12% and 18% for Pop corn, and it was being justified by FM in the Parliament. more
Jan 05
