Waghmare seems to not know basic economics and maybe a congressman. He should have reported with a better headline instead of scoring brownie points. The figures show that more people are declaring more income rather than hiding so it is Acche din for Indian tax payers and Bure din for tax evaders
This analysis is about only the 3% population which pay taxes and most of them are salaried employees. Salaries have definitely increased at the top level in past few years, no doubt on that
Re: This analysis is about only 3% population who pay taxes
by Aman singal on Nov 12, 2018 11:36 AM
Ayushman Bharat in which Govt is giving 5 lacs medical insurance to so called poor through only private insurance companies. Out of 5 lacs, 1.75 lacs go to Insurance company as their service offering fee. Rest amount can be used for treatment or better say hospital expenses. Now if treatment requires more than 4 lacs, hospital authorities don't entertain. Further if poor somehow don't use it, then all money will go to Insurance company. Hospital authorities say that if Govt pay directly to hospital, then they can easily give treatment to poor if expense estimate is more than 4 lacs.
World is very wide open. Anybody can become lakhapati, crore pati, MP MLA , CEO, Actor...etc... they need hard work n luck... Tata Birla Bajaj ,Ambani etc were crorepati before NDA came into power... Gandhi, Nehru, Indiraji etc. All Congress leaders had relations with them... Crorepatis are there in entire world ... ... Futile article
Re: Crorepati
by paul theo on Nov 11, 2018 09:58 AM
NO NEED FOR HARD WORK , IF YOU ARE CLOSE TO THE BJP TOP BRASS, YOU WILL GET ALL BIG CONTRACTS, EVEN IF YOU DONT DESERVE
Re: Re: Crorepati
by ASHOK UPADHYAYA on Nov 11, 2018 10:19 AM
Had Congress not given empty promises, poors would not have been suffering today... corruption, indiscipline, irresponsibility. Dirtiness...etc... farmers would not have been required to commit suicide...NDA has given Ayushman Bharat a good insurance scheme covering most of all poor, middle class, R/s. 6000 to preganant woman, housing subsidy of R/s. 2,67 laks, low interest rates, construction of houses for poor...etc without discrimination Of caste creed,, not attaching name of any leader... .. SP, BSP, Congress have given benefits only to one community, Religion for vote bank... Govt funds should be used only for common expenditure for development of infrastructure, education, housing, defence,.. etc Let others work for 10 15 years...
Re: Re: Re: Crorepati
by on Nov 12, 2018 11:27 AM
Ayushman Bharat in which Govt is giving 5 lacs medical insurance to so called poor through only private insurance companies. Out of 5 lacs, 1.75 lacs go to Insurance company as their service offering fee. Rest amount can be used for treatment or better say hospital expenses. Now if treatment requires more than 4 lacs, hospital authorities don't entertain. Further if poor somehow don't use it, then all money will go to Insurance company. Hospital authorities say that if Govt pay directly to hospital, then they can easily give treatment to poor if expense estimate is more than 4 lacs.
Income tax in India is skewed and flawed. It is the salary class who bear the brunt. This class is forced to cough up the Income-tax whereas businessmen as usual pay lower taxes manipulating accounts. Actually there should be a separate tax slab for the Salary class and another tax slab for business. Another point to be noted is successive governments bring out the same tax laws every year with some tinkering in tax rates here and there. Actually tax provisions are punishing in several ways the income earners in lower brackets for example restrictions with regard to house property, minimum exemption limit etc. Similarly majority of retail business does not give 8% net income considering the interest cost of borrowing and expenses. Considering the conditions of Indian economy and the cost of living the basic exemption limit should be fixed at Rs.500000. But again budget is based on bureaucrats' statistical lies. That's why corruption could not be eradicated. Atleast, BJP Govt., should have brought out attractive tax benefits because it disappointed on huge promises it made and belied expectations of ordinary public. Whereas it incurred the wrath and displeasure of public by bringing demonetization and by not effectively dealing with 1000s of business-men who cheated and looted several billions of bank loans. Stock market is one area where huge gains are made with no proper and prompt tax compliance. More than 50% of Bank loans may not return and will become NPA
Re: INCOMETAX IN INDIA
by paul theo on Nov 11, 2018 09:59 AM
LOOT THE POOR , TO PAY TO THE RICH, SO THAT THEY CAN LOOT AND SCOOT, THIS IS THEIR POLICY.
Re: Re: INCOMETAX IN INDIA
by Truth Prevails on Nov 11, 2018 06:14 PM
Well that was Congress agenda, loot the poor and feed the rich. Garibi hatao is still Congress agenda even after 70 yrs of independence
Re: Re: Re: INCOMETAX IN INDIA
by Aman singal on Nov 12, 2018 11:31 AM
Don't go by words, please check in detail to get real picture. Just crying 'Congress' or 'Any other party' can't resolve problem given by current one.
Re: True
by Truth Prevails on Nov 10, 2018 11:57 AM
He is only talking about the people who paid taxes, 3% of the population. Not even a representative sample.
Re: True
by paul theo on Nov 11, 2018 10:00 AM
TAX THE COMMON MAN, AND FEED THE RICH GUJJUS, WHO ULTIMATELY, FLEE TO LONDON WITH THE LOOT.LIKE NIRAV AND CHOKSI
Re: Crorepatis Income rises
by Truth Prevails on Nov 10, 2018 11:44 AM
This writer is talking about what happened to the 3% population that pays taxes, most of them will be salaried
