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This is becoming very common. The work to reward ratio is extremely poor in India.
Further the govt considers each and every rupee of the salaried class as income but 70%-80% money is gone for home loan emi, bus, kids education etc.
Our rates are crazy. It goes up to 39%
People who have deprived childhood like me who struggled for pocket money, no sports gear, yearly 2 clothes, no vacation, one room for parents + siblings, travelling in sleeper class, lower confidence, irregular income and insecure father. This made us not to take risks.
Not worth paying tax in this country.
I see a lot of people change jobs/higher roles & struggling, suffering from mental health, physical health, work overload, constant pressure to perform, back pain. What is this for?
Govt takes away 5 months of your money. It's not worth.
There is a huge churn at middle management & people earning 50L CTC.
For every 1L, govt gains 35k from direct tax.
These people are laid off, No career growth, early retirement, career breaks etc.
Audacity of FM, she is expecting 14% growth in personal income tax on 2026-27.
Salaried Middle Class is doomed again.
For the 1st time in the post-independence era,
Personal income tax (PIT) collections surpassed corporate tax (CIT) in FY 2023-24.
In FY24-25, PIT collections stood at ~₹11.82 lakh crore, while CIT was ~₹9.86 lakh crore.
The top 1% owns 40% of the wealth.
Yet earners above ₹10 crore contribute less than 5% to total PIT collections, while the salaried class contributes more than 90%.
The middle class & the poor are affected the most due to taxes, suffering under GST and heavy personal taxes.
And it shows in data:
India’s household savings slipped to a new low for the 3rd consecutive year, falling to 18.1% of GDP in FY24.
On the other hand, household debt rose to 6.2% of GDP – almost twice as much as ten years ago.
More middle-class Indians are borrowing to meet their everyday needs.
If this is not a curse of being middle class, I don't know what it is.
Narendra Bhai
Indians are fed up of these cheap dialogues from last 12 years
Get to the point now. Where are 100 smart cities? Make in India? Double Income of farmers? Black money from Swiss bank? When are we getting POK? Dollar at 40?
Nation wants to know.
India is a country with most municipal corporations in the world.
Every mohalla , Galli & locality is covered by 3 layer of Govt. (Municipal, State, Centre), each have their own budget.
& Yet most of our streets look worse than the streets of Burundi or South Sudan.
Why?
Why are MPs and MLAs exempted from paying toll tax on national highways in India?
But you pay like a citizen and wait like a servant.
VIP culture is the real tax on India.
> Hospital room rent are costlier than 5 star hotels
> Medicines are sold on MRP instead of generic ones
> Insurance claims get rejected without valid reason
Swati Maliwal is raising some very practical issues. We need more MP like her to represent us. https://t.co/iU9C0MlAcX
Personal income tax is personal.
It can struck if company is not doing well or employee not motivated to work.
A person paying 40L tax can come to zero with one resignation or layoffs.
Govt cannot pressurise tax payers to work hard.
If too much tax is going, they won't work.
Any attempt to fool the tax payers will not be taken lightly. Immediate knee jerk reaction will be given.
Don't tweak the numbers & exaggerate with 12L, 1L crore, 87A.
Why does every year tax payers have to beg in front of the FM? It's because she doesn't address the core issue.
Every taxpayer in the 35% tax bracket asks the question - what does paying 35% tax get us?
IMHO: the highest tax rate should not be more than 25%. RT if you agree
#Budget2026
Salaried class should stop worshipping this man. We are not his priority. He is not thinking about us.
For him his party and ladli behnas, dalit, pichda, garib, machuwara are priority.
At max he will increase 25k standard deduction which will hardly increase 500₹ per month.
If we do not act now, our kids will break our heads with lagaan movie DVD's in 2047 for not fighting for them and giving a tax regime which takes half of their hard earned money.
From the remaining 50%, 90% will go for home loan, school fees, school bus, maintenance and commute.
My walking path in Sri Lanka last week, a country that faced economic meltdown recently vs my walking path in India today, which is the "world's 4th largest economy".
No wonder my friends who can afford are leaving India.
Taking 35% of someone's money & asking them to work hard, serve the nation, be motivated, innovate is a high level of stupidity.
Try taking even 10% from gig workers, farmers, shop keepers, real estate builders, street vendors, plumber, carpenter & ask them to work.
The fight between the tax payers & income tax department is only going to increase.
It will become nasty. Gali galauj, mukke 👊 coming soon.
As people realize their job span is 15-20 years lesser than their govt employees counterparts, they will first try to save what they earn.
BJP’s biggest failure isn’t economy or welfare — it’s urban governance.
Municipalities remain corruption factories, feudal and unaccountable.
Smart Cities without smart reforms = hollow slogans. 🏙️🤡
Can you believe some tier 1 cities still look like this