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Of course the value of money has changed but it's a great comparison. It does not show Congress taxed the rich btw. Nobody was paying 97.5% tax. They were just paying bribes to Congress to keep money black. That's how they destroyed our economy.

For a 1 crore income, A farmer pays zero taxes. A street vendor pays zero taxes. A corporate pays 25L on profits. A salaried employee pays 31L tax on income. When will everyone pay their fair share of taxes? any ideas how can it be fixed?

GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr

Petrol Should Be under GST or VAT and Excise ⁉️ Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex

Petrol analysis: Pricing Patterns: Petrol varies from ₹82.46 (Andaman) to ₹109.46 (Andhra), driven by state VAT, not crude ($60/barrel). Taxes (50-60% of price) dominate. Consumer Behavior: High prices in Andhra/Kerala suggest reduced travel, boost

Summary of action points Before March 31, 2025 ✔ Review tax-saving investments. ✔ Pay pending taxes/advance tax. ✔ Submit investment proofs to employer (if salaried). ✔ Plan capital gains/losses for tax efficiency. ✔ Update financial records for the

Greetings everyone! Let's learn about our tax system! The Indian tax system is divided into two categories: Direct (income tax) and Indirect (GST)it's an unfair tax tbh. It's because everyone pays the same tax regardless of their income. For example

Come on, just stop already - 🔥 Deeptech takes years to build, and here Indian VC give 10 mins to pitch. They don't understand the essence of R&D and want immediate results. No one wish to spend on R&D. So companies like Swiggy, Zomato fly but DeepT

🚨 Breaking Tax News: The TCS Chronicles – April 2025 Edition 🚨 Brace yourselves, tax enthusiasts! The Finance Ministry has rolled out a new TCS (Tax Collection at Source) rule that's turning heads and emptying wallets. Effective April 22, 2025, ce