Sometimes I wonder: if it's all a Grand Design?
Government deliberately puts us in such situations. Think about it like this. Traders were fine with the regime. Then came more and more restrictions. Starting with Less weekly expiries. ELM. STT hikes. Yet, Traders were trying to navigate. They adapted. They found new ways to survive.
So, kill it all -- CAS.
Now, the point here is this: people will always keep the stress of making Money as the Top priority.
Because when income gets in trouble, one doesn't focus on anything else. Survival comes first.
And this is where the larger picture begins to emerge.
The Government has been taking:
Taxes on Transactions (STT)
Taxes on Income, which you make after paying the Taxes at the first place
Tax on Expenses (GST)
various other forms of taxes, cess and surcharges
This is a never ending list.
All of it keeps reducing the final income in hand -- The Net Disposable Income.
So what happens when disposable income keeps getting squeezed?
People look for ways to make more. Traders resort to higher leverage to Trade. Others turn to Personal Loans. Credit Card Debt. And once you're in, you never get out.
You keep earning to service the debt created to maintain the lifestyle that your shrinking disposable income can no longer support.
And there is another layer to this -- Compliance.
Less for Traders, perhaps, but monumental for any Business.
Any Entrepreneur in India spends more time complying, filing, documenting, reporting and paying, while the cost of running the business keeps rising.
Yet, in the midst of all this, something rather important gets lost. You forget to ask: Where are my Taxes going? What about the quality of Life the Government is supposed to offer?
Because asking that question requires something that becomes increasingly scarce when people are financially stressed: when a person's primary concern is paying the next EMI, recovering the Trading loss, clearing the credit card bill, keeping the business alive or simply maintaining the house, the larger questions begin to disappear from the Mind.
Politics becomes secondary. Governance becomes secondary. Accountability becomes secondary.
Survival becomes the primary focus.
And this is "The Grand Design".
You don't necessarily have to silence people by force.
It can be done in a more subtle way.
You can simply keep them sufficiently occupied with their own financial survival. A financially stressed population spends its energy fighting its own circumstances. It has less energy left to question the circumstances created around it. And perhaps this is where the entire cycle closes.
And somewhere in the chaos, the most fundamental questions get drowned out.
Dear PM @narendramodi ji,
Most Indians Buy Gold for their Children's Wedding. There are Tonnes of Gold Stacked up in Lockers.
Instead of Again & Again Asking Indians to Stop Buying Gold, ask them to Buy & Gift Shares to their Newly Wed Children.
Abolish double taxation of STT & CG. Make LTCG ZERO if shares are held successfully for 2 years after Marriage. Incentivise Long Term Thinkers.
People will Slow Down on Buying Gold & Invest in Equity for Long Term !!! It's a Win Win.
The Children will Bless You for Long Term Wealth Creation & our Gold Imports will Reduce 🙏
Please Take this Idea & See the Magic sirji.
Request my Investing Audience to Amplify this so that it can be debated & implemented immediately.
#FI
GDP - All Time High
GST Collection - All Time High
STT Collection - All Time High
Time for FM Madam @nsitharaman ji to:
- Zero Income Tax upto 15 - 18 Lakh
- Bring Capital Gains under Rebate 87A - Will be helpful for Tax Payers with only CG and Interest Income
- Abolish LTCG for Investments held more than 2 years to incentivize Long Term Investors
While Tax Collection & GDP is at All Time High, this is the Right Time to Reward Tax Payers & Long Term Investors.
Request those who are reading to amplify, if you resonate !!!
On behalf of Investors,
#FI
As a Marathi, my take on this auto-walas and Marathi fiasco:
If you're living in another state for a decade to earn your livelihood, knowing the local language enough to communicate with people is basic common sense. It's not that hard.
Your job literally involves driving an auto and interacting with Marathi people every day. So why not learn a few simple Marathi phrases that actually help you do your job?
Nobody is asking you to become fluent in Marathi. But showing arrogance toward locals and refusing to even make an effort will only create more resentment and, eventually, more hate.
Time for the status quo to change
There was a time when मोदी है तो मुमकिन है was enough to win elections. Social media was BJP's strength despite having an average social media team whose only claim to fame was being reactionary. The opposition set the narrative, and they just tried to counter it. The real fight was being carried out by a set of independent warriors. This led to complacency and arrogance, with zero tolerance for any attempt by common folks to hold the government accountable. Though BJP came to power in 2014 on the universal appeal of upper castes and OBC support, barring a few OBC castes tied to caste-based parties led by dynasts in UP and Bihar. However, instead of focusing on development, the party engaged in divisive politics to stay in power indefinitely. No wonder such evil and negative tactics were bound to fail. Even today, the public anger is mistaken for a storm in a teacup rather than recognising the elephant in the room. The counter-narrative being perpetuated is, " if not BJP, then whom? If Rahul comes, the Muslims will create havoc, " etc. Unfortunately, BJP is also doing the same, which they accuse Congress of doing if they return to power.
My two cents on the situation is,nothing will happen, and no catastrophe will occur if BJP loses once. The reason is that the government has now dug itself into a position where they say, " my way or the highway. " Let them lose power once , reflect, and come up with new ideas and leadership. I don't believe there is any reason to fear if BJP goes out of power; there's no need to panic or ask, " if not Modi, then who? " Either the government shows some concrete action on the ground, or it should let go. The only constant in the world is change. All this narrative that, " Yes, I am angry with the government but still vote BJP and Modi, " is flawed. Why? Because the writing on the wall is simple: perform or perish.
@imemyself5794@NewsArenaIndia This perspective is indeed inspiring. It stimulates imagination and encourages profound reflection. Such a concept possesses the capacity to uplift and motivate, offering a novel viewpoint.