We raise practical issues of the Middle class.
We decode & explain taxation in simpler terms.
Posts on personal finance, corporate, politics, people & society.
Excessive taxation brings frustration, demotivation, anxiety & financial insecurity in the family.
It kills ambitions. It discourages risk taking & hard work.
It kills savings, spending power & consumption in the economy. It promotes dishonesty.
It kills morale & productivity.
Personal income tax grew barely 5% even after FM didn't cut taxes last budget as per inflation.
Once the severance tax party is over, more early retirements, layoffs, buyouts, voluntary resignation will further dent tax collections. Next year collection will only be 1%-2%
Data on Gross Direct Tax Collections, Refunds and Net Direct Tax Collections for FY 2026-27 as on 10.11.2026 has been released.
The data is available on the national website of Income Tax Department at the following link:
https://t.co/CmkYmFGowc
Who is advocating for ltcg tax cuts? Nilesh Shahs, vijay kedias, ramdev agarwal.
More than 95% investors don't even earn 1.25L which is tax free.
These people who earns in crores don't want to pay even 12% tax & but keep their mouth shut when we pay 35% income tax.
@BaluGorade@devops_nk Upskilling is must but upskilling in AI is a waste of time. Upskilling your soft skills, drive projects which bring revenues, automate redundant tasks, leadership, new initiatives are upskilling. How to use AI is not a skill. You will be first to cut if you have only AI skill.
If income tax is reduced, you can have more money to invest. You don't need to chase high returns in this case.
Assume a person investing 10000₹ needs 15% CAGR to meet his goals. A person investing 30000 needs safe 10% moderate returns to meet the goal which has more chances.
@IndiaNewGen No, consider salaried person pov, if paying taxes on income earned, and then investing it, why paying STT, STCG and LTCG, on already taxed income gains? I support income tax cuts too, but there are people who are income-rich but wealth poor, they are being squeezed.
30% income tax and 10% surcharge shouldnt co-exist. One of them must go.
These nalla stock market investors have no work whole day so they keep coming to all podcasts and news channels and ballon LTCG & STT.
Why can't capital gain taxed at the slab rate? Many countries do that.
Govt might see a spike in the income tax collections due to buyout and severance pay but most of the people are not going to come back to the industry.
From next year onwards, the monthly TDS would be stopped. Govt has no interest in the people. They only want tax certainity.
Which industry seeks? Stop buying anything from this industry.
They want all welfare, govt employees salaries and pension burden, infrastructure from salaries.
Budget 2027: Industry Seeks LTCG Tax Abolition, STCG Cut To 10%, Lower STT Rates
Industry has urged Finance Minister Nirmala Sitharaman to abolish long-term capital gains tax, reduce short-term capital gains tax to 10% and lower Securities Transaction Tax (STT) rates ahead of the Union Budget. PHDCCI has also called for a review of the concessional 15% corporate tax regime for new manufacturing units amid geopolitical uncertainties, besides seeking revised MSME classification norms, higher PM Mudra loan limits and direct equity support for MSMEs.
#UnionBudget #LTCG #StockMarket #IndianEconomy #NirmalaSitharaman
@tweettokarishma | @ranjeetmehta
पहली बात 32 नहीं 33 होते हैं। कोटी होते हैं। कोटी का अर्थ करोड़ नहीं प्रकार होता है।
33 प्रकार के देवी देवता। पहले कुछ ज्ञान खुद लीजिए फिर दूसरों को दीजिए।
"...क्या हमारे देश के 3200 करोड़ देवी-देवताओं में भगवान राम ही एकमात्र भगवान हैं?
समाजवादी पार्टी के प्रमुख अखिलेश यादव के अयोध्या स्थित राम मंदिर के प्रस्तावित दौरे और भाजपा की प्रतिक्रिया पर टीएमसी सांसद कीर्ति आजाद ने कहा
#KirtiAzad । #RamMandir