Income is taxed.
FD is taxed.
Capital gain is taxed.
Insurance is taxed.
But political donations are tax free!!
Amritkaal!!
#AbolishIncomeTax#TaxTerrorism#Budget2025
First pay income tax + cess + surcharge & then pay:
28% GST + cess + surcharge
bribe to get ur work done or start ur business
spend on an air purifier to clean air
buy water
spend on kids education, paid playground access..
Paid Health care
Why Income tax then?
There should be no direct tax on income when you have all kinds of indirect taxes on everything you buy & sell
Income tax is a scam
Income tax is burden on honest working middle class
Income tax is a theft
You Agree ?
#abolishincometax
Day 55
@AdvisorLaborLaw Faced this in May when bought a new car and also when I got new IndusInd credit card. Probably, the employees of these organizations are leaking data to scammers and third parties. High time to implement stringent data privacy laws for any business that collects my personal data.
Why does Nirmala Sitharaman get criticism when the economy has performed well under her despite COVID and other setbacks?
Answer: Taxpayers are the backbone of the economy. When the economy is doing great, some relief should come back to them also. But instead, you get more taxes. Despite paying income tax, whatever is left for savings, you have to pay tax on that too.
For instance, capital gains tax applies to profits from investments in stocks, real estate, or other assets. Interest earned on savings and fixed deposits is also taxed. Even long-term investments for the future, such as retirement funds or mutual funds, are not exempt. These policies discourage savings and investments, which are crucial for personal financial growth and economic stability.
Then watching your hard-earned money milked through taxes to fund freebies and welfare schemes, especially for those who don't give a damn about this country, is frustrating.
If things are going so great, give some relief to us too. But no, all we get is 'that smirk'.
Why did 7 newborn babies die in a Delhi neo-natal “hospital”?
▫️Expired license, no action
▫️Illegal O₂ cylinders
▫️Had >double no. of babies allowed
▫️No NOC from 🚒
▫️No 🆘 EXIT
▫️No 🧯
▫️No qualified 🩺 on duty
▫️Staff escaped, left babies