I agree... But I think mainly salaried class is more in Middle class and pay the taxes more even on their earnings and while buying end product as well.
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?
how can indian middle class save themshelves from heavy taxes on all frontsv. this money is used to fund non sense welfare schemes and secure votes banks
₹25 lakh crore in bad loans written off by banks since 2014. ₹2.5 lakh crore (10%) recovered.
Big corporates default → "Write-off"
Middle-class misses 3 EMIs → "CIBIL ruined, legal notice, house auction."
Your taxes fund their failures.
Your as
I have an idea of changing this k shaped economy in india by providing investment activities to middle class and lower middle class and poor people too
I want someone to work out with me on this idea
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Abhishek Pandey
Hey I am on Medial • 12d
Anyone who can help me with designing a website. Just a middle class guy trying to make it big with his idea. I will pay the dues for sure and be forever grateful. Thanks