@mainbhiengineer So true, once itβs done they will increment it over time. Might be as soon as next yearβs budget they can increase it or change the limit from 2000 to 500
> If you had outraged enough at 10% LTCG, 12.5% LTCG wouldn't have come.
> If you had outraged enough against Rs 1000 freebies, Rs. 20000 freebies wouldn't have come to win election.
> If you had outraged for high E20 price and low mileage, UPI charges wouldn't have come.
If you don't outrage enough on UPI charges above 2000, UPI charges below 2000 would come. They're just testing the water.
People defending the govt. And UPI charges and saying there are no free lunches.
Why donβt you show the same energy when govt. Spends exorbitant amounts on Ladli behna scheme and what not.
When govt. Has to buy votes they can make money out of thin air.
#UPI
@mainbhiengineer Govt doesnβt care about us. Better to leave this shithole.
India is only for the rich or the poor. Middles class donβt matter to them unless itβs about tax or following the law.
We made 12L tax free which was just 2.5L tax free in 2014 is a scheme to fool people who never paid any income taxes. Those who pay income tax, know the pain.
In 2014 personal income tax was 13% of total Govt tax receipts, in 2026 it is increased to 21%
So there is a increase of 60% in personal tax revenue for Govt. You must be thinking that the number of income tax payers with non zero tax might have increased by 60%, but the answer is NO.
In 2014, there were 1.6% Income tax payers, now around 2%, that means just 25% increase.
So, a 25% increase in income tax payers resulted in increase of 60% tax revenue for Govt.
That means income tax burden increased on people who were already paying high taxes, forget about any relaxation by this Govt.
One of the greatest cheat codes in life is to never get offended. Train yourself to have thick skin. Don't take things personally. Let others disagree with you. Being easily offended means you're easily manipulated. If you value peace of mind, avoid getting offended.
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