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📊Per Capita Tax Burden (FY2022-23/AY2023-24)
Tax burden on Income Tax paying individual is 25.6x of that on others.
Indian Tax Payer
9,515 posts
Indian Tax Payer
@indtxpyr
One of 2.8 Crore Income Tax Payers. Working to raise awareness about Taxation.
#WhyIncomeTax #AbolishIncomeTax
Joined June 2023
- To overcome the pathetic public transport & ambulance services, I bought a car for my family. Base Price : ₹6.54 Lakh GST + Cess ( 28% + 1% ) : ₹1.90 Lakh MV Tax (Road Tax): ₹0.73 Lakh Total Taxes : ₹2.63 Lakh ( 40.2% of car cost ) Total Cost : ₹9.17 Lakh ..1/N
- Do you see the luxury ? That's on your money ! No Minister, MP, Bureaucrat .. has ever denied the luxuries, in fact they fight for it. You're too poor compared to them. You must fight for your family ! Question #WhyIncomeTax Demand #AbolishIncomeTax
- I've rented 4 shops. I receive 24 LPA in rents. I pay 0 income tax. I've never filed ITR. @IncomeTaxIndia @FinMinIndia Can you track & tax my income ? #WhyIncomeTax #AbolishIncomeTax
- Since FY2015, I've contributed ₹12.3 Lakh in Income Tax. While I had to take loan to buy an average car. If this amount was invested even in a FD, I would've bought this car in cash, and still would've had left-over cash. I want to ask return of my contribution. .. 1/N
To overcome the pathetic public transport & ambulance services, I bought a car for my family. Base Price : ₹6.54 Lakh GST + Cess ( 28% + 1% ) : ₹1.90 Lakh MV Tax (Road Tax): ₹0.73 Lakh Total Taxes : ₹2.63 Lakh ( 40.2% of car cost ) Total Cost : ₹9.17 Lakh ..1/N - Fearing bulk EPF withdrawals, govt. has secured its debt by changing EPF rules. Now, those laid-off can't withdraw their EPF until 12 months of unemployment. As I say, EPFO is social security for the govt. not for the employees ! Wake-up salaried class ! #AbolishEPF
A friend at TCS said his colleague earning 22L a year was recently fired. Rent and big EMIs are still there. Job fear in IT is real. 🙂 - 🚨 EPFO changes withdrawal rules : - Minimum 25% balance needs to be maintained. - Full withdrawal is only allowed after 12 months of employment. This comes as Indian IT is seeing a wave of lay-offs. Salaried class, please wake-up !! You can't afford it ! #AbolisEPF
- One stood against the tyranny. Many other joined with seriousness. The Dept. tried to blame the whistle-blower. But everyone supported & it was exposed once again. Finally Finance Ministry has intervened. All of this happened here on X, that too in just 36 hours ! .. 1/2
- Replying to @indtxpyrSince I took a loan for this car, I'll be paying interest @ 10% even over the tax amount (61% of car's cost) In return I'll get : - Roads that damage my vehicle everyday. - Cops to collect fine for not wearing seat-belt. - Taunts, "poor pay most of taxes". - No Schemes. ..N/N
- District Collector arrives in Toyota Fortuner (ex-showroom ₹33.4 Lakh for base model) Followed by 3 Toyota Innova (ex-showroom ₹20 Lakh for base model) Who pays for all these cars & fuel ? -Public How do they treat public ? -Beggars, Trash, Slaves This is bound to happen !!
02:32Good to see that Indian citizens have a spine ! - There's no record of income of Indians. Just 5% of the population files ITRs. Half of them self-declare their income. Only salaried professional's real income is on the records. #WhyIncomeTax #AbolishIncomeTax @malviyapankaj
- CBI raided a customs officer & found : 1 Porsche car, 2 Kgs Gold, Properties in Jaipur & Ahmedabad. At his annual salary of 36L, he was investing 51L every-year. @IncomeTaxIndia is busy deducting TDS & scrutinizing claims of private employees. #WhyIncomeTax #AbolishIncomeTaxकस्टम ऑफिसर के लॉकर में मिले 2 किलो गोल्ड बिस्किट: जयपुर-अहमदाबाद में प्लॉट-दुकानें, 8 महीने में 11 एफडी करवाई; 7 साल में करोड़ों का मालिक बना #Rajasthan #Jaipur dainik.bhaskar.com/ejoMoHBcbYb
00:00 - Salaried individual after reaching ₹20 LPA : Finally I can save some money to fund my startup. @FinMinIndia : His income is 10x of National Average, he must be charged under highest tax slab. Result : Savings die, startup plan runs dry, he remains #MiddleClass forever.
- #AbolishIncomeTax is now trending !! Well done everyone👏👏👏 But, plz. don't stop, we need to take it to the top & make it stay there until Media, Politicians & Govt. talk about it.
