Taxes are still very less. I saw a tyre bill had only 28 % taxes. After that there is only income tax, then there is transportation tax, insurance on transportation and other costs still the taxes onlt totalled 80 %. 20 percent was cost of raw materials and 80 percent was taxes. There is still scope for making raw material cost zero and 100 percent tax on tyres.
All these taxes were approved in the G20 summit. Really grand reforms for the country. Wish they make taxes 500 percent or 1000 percent so we will be ahead of all countries and peple will be jealous of Modi then when we will have 500 percent or more tax.
Re: Taxes are very less around 80 percent
by pk kh on Jul 09, 2017 09:28 PM
Dont worry Join ISIS,Pak Sponsored Tarrorist outfits or Starts Stone Pelting in kashmir,Join Mulla Brigade in West Bengal...you need not worry about Taxes then..
