@InvestorOfJAMMU Eg 50L salary, 10L STCG, 10L car
Income tax -> 10.5L
Stcg tax -> 2L
Gst on car -> 1.5L
You are paying 14 L on a total income of 60L. That’s close to 25% and not 68%
@InvestorOfJAMMU You have to calculate avergae tax on salary on the highest. Avg tax would be around 20% if you earn 40L in a year as salary.
Also the STCG you have to pay is on profit, its on additional money you created not salary
@keshavbedi@professorofhow State gov kare ya central gov jara toh taxpayer k money se hi haina. Aur ha agar state gov agar yeh sab faltu kharcha na kare to road voad banane k liye central se paisa na mangna pade, wahi paisa jo central gov dusri jagah use kar sakti hai.
@Sachingupta Then they cry about online shopping taking their business. The reason I love online shopping is I can choose to return items without this hassle. For these small shops customer is the king only until he has paid. Once paid customer is nothing for them.
@KabraAakanksha@wholetruthfood Whats the point of increasing cost for no added benefit. If I wanted to eat more why cant I have 3 small piece rather than the xxl 😑