Related Posts
Does LTI provide reimbursement for WFH setup ?
More Posts
Additional Posts in Consulting India
How did you meet your spouse?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.




Rising Star
I am no tax expert but his point kinda makes sense
Because its common sense and people tend to loose it when they think they learned more. #CAdudes
Only interest earned on FD is taxed not the whole FD. I think the problem is mainly because of so many tax avoiders. Many businesses earn in lakhs per month and pay zero tax. They may have their fair share of reasons for not paying tax. They have unexplained expenditure in the form of paying corrupt officials who in turn doesn't pay any tax on this income.
Pro
I think the actual problem lies in the fact that there are very few tax payers. The ambit of tax should include high earning farmers as well.
And in order to increase compliance, tax paying people should get some sort of benefits. Such as cheaper loans, additional rebate on capital gains, etc.
Rising Star
Yeah at least give me wfh since I am paying taxes
Conclusion for this vote AAP you will get free electricity education healthcare free bus rides for women
Free? Kuch free hota h? Bijli free ka koi use kar raha h toh usko banane mei paisa kon de raha h?
Tax payers.
Posting on LinkedIn is easy but to implement it is different
I believe that there should not be any direct tax
. Problem with direct tax is that government collect less than 10% of eligible taxable income from all earning ppl. Government should cancel direct tax and increase GST on luxury items e.g car, AC, movie theatre, premium TV. there should be negligible tax on basic e.g milk, vegetable. Oil. I think government has intelligent ppl and they can have same tax with this formula.
If you have some political connections, you can easily evade tax. But it's worth the risk only if you're getting 50+ lpa.