Hot Deal

Save Your Hard Earned Money.

876°
  • 2668
  • 74
  • Last Comment
  • Reasons

    Vote down Reasons

    • Invalid/User Specific Coupon/Deal : 1
Deal Subedar
akki.akki

Do you know if you are buying a product of worth ₹ 100 then you might be actually spending ₹ 169.

How :

  1. To buy a product worth ₹ 100 you need to give 18 ₹ GST. So, you need total 118 ₹.
  2. To spend ₹ 118 you should earn ₹169 by paying 51 tax.
  3. So technically your are paying extra ₹ 69 =  51 income tax +  18 (18% gst).

(assuming you are in 30% tax bracket)

JUST THINK ABOUT point_up_2 point_up_2

73 Comments  |  
29 Dimers
  • Sort By
Pro Community Angel Pro Community Angel
Link Copied

How can you save this?
Moving to a tax free country?

Deal Subedar Deal Subedar
Link Copied

Actually it’s 42 percent tax, education cess , tax on cess and all , so amount will even more 🤣

Deal Subedar Deal Subedar
Link Copied
androgame wrote:

How can you save this?
Moving to a tax free country?

like dont buy the product you dont need even if 100 % cashback is there.

Deal Cadet Deal Cadet
Link Copied

the 30% bracket makes billions
they give tips of 500 bucks in hotels
why this kolawari

Critic Critic
Link Copied
meragoyou153 wrote:

the 30% bracket makes billions
they give tips of 500 bucks in hotels
why this kolawari

Less than 1% of those in 30% bracket makes billions else this country would have become 2nd China by now.

Deal Subedar Deal Subedar
Link Copied
meragoyou153 wrote:

the 30% bracket makes billions
they give tips of 500 bucks in hotels
why this kolawari

konsi duniya ki baat kr rhe ho bhai ?
income with 10 lakh comes in 30% bracket and income with 10cr also comes in the same bracket.

Deal Cadet Deal Cadet
Link Copied

Thanks for alerting. I will monitor outflow and reduce spendings, especially online mode.

Tech Guru Tech Guru
Link Copied

We’re paying probably highest amount of taxes in the world ( Check the tax rates in top  developed countries) yet not getting half as decent free government services like education or health care.

Wonder how government is building their new Delhi Palace  Central Vista.

Deal Subedar Deal Subedar
Link Copied

I am in that 30 pct bracket and I know how to feels to pay such hefty tax !! And get next to nothing in return.. All I see is pathetic infrastructure every where… !! My hometown is riddled with potholes and I am frustrated the moment I get on the roads !!

I asked CA about reducing tax .. she says you are working class and u don’t have any option unlike business ppl…. just pay tax and move on.. or invest in nps and all…

I am kind of a person who doesn’t believe in saving to njoy returns after another 40 yrs.. !!

And hefty taxes on everything when we want to spend as well !!

Utter non sense…

Deal Cadet Deal Cadet
Link Copied
Total_Fun wrote:

We’re paying probably highest amount of taxes in the world ( Check the tax rates in top  developed countries) yet not getting half as decent free government services like education or health care.

Wonder how government is building their new Delhi Palace  Central Vista.

you should know govt spends over 100 cr for MP stays in top hotels along with their staff
now with new infrastructure, this cost goes down drastically
on the other side in this covid time, it produces thousands of jobs for needy an poor ( those who do not beg ) since the majority of poor people in India are reduced to Beggars by Manrega ( dig well, again and again, drink peg/ bottle )
this is need of the hour
btw old building now need too much for upkeep

Analyst Analyst
Link Copied
Expand
akki.akki wrote:

like dont buy the product you dont need even if 100 % cashback is there.

Lets keep the need part aside, what is wrong when 100% cashback is there?

Deal Captain Deal Captain
Link Copied
meragoyou153 wrote:

the 30% bracket makes billions
they give tips of 500 bucks in hotels
why this kolawari

why this kolawari kolawari di laughing

Tech Guru Tech Guru
Link Copied
Expand
meragoyou153 wrote:

you should know govt spends over 100 cr for MP stays in top hotels along with their staff
now with new infrastructure, this cost goes down drastically
on the other side in this covid time, it produces thousands of jobs for needy an poor ( those who do not beg ) since the majority of poor people in India are reduced to Beggars by Manrega ( dig well, again and again, drink peg/ bottle )
this is need of the hour
btw old building now need too much for upkeep

Give me one article Link that says after central Vista is completed MP stays in hotels wouldn’t be covered or that all MPs would stay in central Vista.

If this was  government hospitals or College/ schools people wouldn’t have got jobs!?

" This is need of the hour" !!!

rolleyes ….   joy

Deal Subedar Deal Subedar
Link Copied
Expand
meragoyou153 wrote:

you should know govt spends over 100 cr for MP stays in top hotels along with their staff
now with new infrastructure, this cost goes down drastically
on the other side in this covid time, it produces thousands of jobs for needy an poor ( those who do not beg ) since the majority of poor people in India are reduced to Beggars by Manrega ( dig well, again and again, drink peg/ bottle )
this is need of the hour
btw old building now need too much for upkeep

I am least bothered abt central vista but my question is Why should MP’s stay in top hotels spending 100 crore ? Ever saw maternity ward of govt hospital ? A bed is usually occupied by 2 to 3 pregnant ladies ready to be delivered !! U know how ppl suffer due to poor facilities ? Why no one puts money in maintaining better facilities in government hospitals ?

Deal Subedar Deal Subedar
Link Copied

Seems like we are in a downward spiral

Tech Guru Tech Guru
Link Copied

Top 10 countries that provide free higher education:

https://www.indiaeducation.net/studyabroad/top-...

Top most educated ( in terms of percentage of total population):

https://www.cnbc.com/2018/08/30/the-10-most-edu...

Best School System in the World:

https://www.independent.co.uk/news/education/11...


Now can you  find the correlation between High taxation and High quality of education?


Same can be found in other areas like public amenities or   Free Health care

Tech Guru Tech Guru
Link Copied
Expand
Apun-hi-bhagwan-hai wrote:

After seeing this in India we pay much lower marginal tax – 30+18%, compared to other countries. Yes we can debate on facilities provided but we can’t do anything

You need to factor in other taxes too like consumption tax ( like GST and  cess)


The charts are not just of income tax. But total taxes a citizen pays.

And it is always important to calculate what you pay and what you get in return.

You might be willing to pay ₹100 for a cup of coffee in a AC restaurant like CCD or Starbucks but definitely won’t pay the same amount to a street vendors.

Why? Because there you aren’t just paying for the coffee but also for the quality ambiance and experience.

Deal Subedar Deal Subedar
Link Copied
Expand
Apun-hi-bhagwan-hai wrote:

After seeing this in India we pay much lower marginal tax – 30+18%, compared to other countries. Yes we can debate on facilities provided but we can’t do anything

Thats the point right…what’s the use of paying 40 tax and get nothing in return. ?

I am now curious to know what exactly a common tax payer is getting in return for taxes..

Free food ? No
Free electricity ? No
Good roads ? Most of the roads are bad
And for good roads like highways I am anyway paying toll…
Got schemes or subsidies ? Not utilized any scheme till date… no idea of any subsidy.
Free education? No didn’t study in govt school nor didn’t get any scholarship whatsoever… got through education with parents hardwork.
Free medical care ? No didn’t go to any govt hospital nor availed any govt schemes..
Any other infra projects ? I anyway pay udf when I fly through airport or entry fee for any park.. may be free entry to well maintained beaches.

Reduction in house hold expenses ? No ..for example.paying 510 rs for cable instead of some 200 earlier.
Savings on fuel ? No, Not with 92 rs per litre

So why the hell i paid 2 lakhs direct tax ? And more in indirect tax ?

Deal Cadet Deal Cadet
Link Copied
Expand
TheTeddy wrote:

Thats the point right…what’s the use of paying 40 tax and get nothing in return. ?

I am now curious to know what exactly a common tax payer is getting in return for taxes..

Free food ? No
Free electricity ? No
Good roads ? Most of the roads are bad
And for good roads like highways I am anyway paying toll…
Got schemes or subsidies ? Not utilized any scheme till date… no idea of any subsidy.
Free education? No didn’t study in govt school nor didn’t get any scholarship whatsoever… got through education with parents hardwork.
Free medical care ? No didn’t go to any govt hospital nor availed any govt schemes..
Any other infra projects ? I anyway pay udf when I fly through airport or entry fee for any park.. may be free entry to well maintained beaches.

Reduction in house hold expenses ? No ..for example.paying 510 rs for cable instead of some 200 earlier.
Savings on fuel ? No, Not with 92 rs per litre

So why the hell i paid 2 lakhs direct tax ? And more in indirect tax ?

what if Ambani says the same thing? paying 67,000 crore tax he can build his own country in 5 yrs.
We pay the tax so govt utilizes it for our country. This is how it works. We need reforms thats for sure but when and who will do dont knowWe pay the tax so govt utilizes it for our country. This is how it works. We need reforms thats for sure but when and who will do dont know
To answer your some points-To answer your some points-
Free Food – Govt give subsidized foods to needy people and subsidy’s to farmers so they can grow crops. Free Food – Govt give subsidized foods to needy people and subsidy’s to farmers so they can grow crops.
Electricity – India has the cheapest electric rate compared to all over the world. Do you think those coals extraction/imports, transportation to thermal plants, genereation and distribution of electricity to your home comes with your 7rs per unit bill? Do you pay all those people who involved in whole process and money required for building the infrastructure? The electrician who comes and repairs the transformer burnt because of our overloads?
Roads/Highways – A single 1000sqft plat land costs from 10L-50L depends onplace and then buying all those lands and building highways doesn’t pays with 80rs toll charge.Roads/Highways – A single 1000sqft plat land costs from 10L-50L depends onplace and then buying all those lands and building highways doesn’t pays with 80rs toll charge.
Free education/Subsidies – Not sure about other but my father studied in a govt primary school/highschool, ate free/subside food got educated took a job earned enough so I can study in private school and live a better life than him. I would say if he would not have taken the initiative to go in govt school I would not have been sitting and wriiFree education/Subsidies- Not sure about other but my father studied in a govt primary school/highschool, ate free/subside food got educated took a job earned enough so I can study in private school and live a better life than him. I would say if he would not have taken the initiative to go to govt school I would not be able to sit here and write this. Like me there are lot many people who want to get a better life and i would vouch that little education is better than no education.
Medicals – Not everyone can afford private fees thats why there are govt hospitals good or bad
Air ticket doesn’t justify the moeny involved the moeny taken for building the airport and its maintenance and security. Because someone else paid taxes earlier so the govt used the moeny and made airport so you can use it and save time and would earn and pay tax.
Likewise it takes care of your all other essential needs. Govt stop taking tax it will not pay for the things work with tax money.
Funny example — grinning
I would come and beat you up and rob your money!!!
Where would you go ?? First govt ambulance will pick you up and get you to govt hospital(private wont pickup the call if they get to know you dont have money) then file a complaint in Police(govt)? if I say you robbed me first and police didn’t help goto court(govt), hire a govt lawyer move to highcourt to supreme court and atlast no one helps you came and we fight again

Fun aside, More or less we all contribute and this is how the circle works. Someone paid so we are here we will pay so the future generation can live a better life and pay more tax laughing laughing

Tech Guru Tech Guru
Link Copied
Expand
TheTeddy wrote:

Thats the point right…what’s the use of paying 40 tax and get nothing in return. ?

I am now curious to know what exactly a common tax payer is getting in return for taxes..

Free food ? No
Free electricity ? No
Good roads ? Most of the roads are bad
And for good roads like highways I am anyway paying toll…
Got schemes or subsidies ? Not utilized any scheme till date… no idea of any subsidy.
Free education? No didn’t study in govt school nor didn’t get any scholarship whatsoever… got through education with parents hardwork.
Free medical care ? No didn’t go to any govt hospital nor availed any govt schemes..
Any other infra projects ? I anyway pay udf when I fly through airport or entry fee for any park.. may be free entry to well maintained beaches.

Reduction in house hold expenses ? No ..for example.paying 510 rs for cable instead of some 200 earlier.
Savings on fuel ? No, Not with 92 rs per litre

So why the hell i paid 2 lakhs direct tax ? And more in indirect tax ?

Some times I feel like these heavy taxes are the cost we pay for being a citizen of India with some white money.

I went to a nearby public school for most of my primary education years ( 4 years) , my brilliant state government that time had decided to stop teaching any English in government primary schools rage… it was bad enough that my father had to make arrangements of my admission to a decent yet somewhat affordable Private school ( by giving donation and pulling favours)

There are many instances of bad experience in government hospitals.

My father was a government employee himself paid taxes as TDS.

……….

When corruption plagues our government and law enforcement ( top to bottom) like termites infest wrotten wood what else can we expect. That’s why sometimes tax evasion seems like smarter choice.

Tech Guru Tech Guru
Link Copied
Expand
Apun-hi-bhagwan-hai wrote:

what if Ambani says the same thing? paying 67,000 crore tax he can build his own country in 5 yrs.
We pay the tax so govt utilizes it for our country. This is how it works. We need reforms thats for sure but when and who will do dont knowWe pay the tax so govt utilizes it for our country. This is how it works. We need reforms thats for sure but when and who will do dont know
To answer your some points-To answer your some points-
Free Food – Govt give subsidized foods to needy people and subsidy’s to farmers so they can grow crops. Free Food – Govt give subsidized foods to needy people and subsidy’s to farmers so they can grow crops.
Electricity – India has the cheapest electric rate compared to all over the world. Do you think those coals extraction/imports, transportation to thermal plants, genereation and distribution of electricity to your home comes with your 7rs per unit bill? Do you pay all those people who involved in whole process and money required for building the infrastructure? The electrician who comes and repairs the transformer burnt because of our overloads?
Roads/Highways – A single 1000sqft plat land costs from 10L-50L depends onplace and then buying all those lands and building highways doesn’t pays with 80rs toll charge.Roads/Highways – A single 1000sqft plat land costs from 10L-50L depends onplace and then buying all those lands and building highways doesn’t pays with 80rs toll charge.
Free education/Subsidies – Not sure about other but my father studied in a govt primary school/highschool, ate free/subside food got educated took a job earned enough so I can study in private school and live a better life than him. I would say if he would not have taken the initiative to go in govt school I would not have been sitting and wriiFree education/Subsidies- Not sure about other but my father studied in a govt primary school/highschool, ate free/subside food got educated took a job earned enough so I can study in private school and live a better life than him. I would say if he would not have taken the initiative to go to govt school I would not be able to sit here and write this. Like me there are lot many people who want to get a better life and i would vouch that little education is better than no education.
Medicals – Not everyone can afford private fees thats why there are govt hospitals good or bad
Air ticket doesn’t justify the moeny involved the moeny taken for building the airport and its maintenance and security. Because someone else paid taxes earlier so the govt used the moeny and made airport so you can use it and save time and would earn and pay tax.
Likewise it takes care of your all other essential needs. Govt stop taking tax it will not pay for the things work with tax money.
Funny example — grinning
I would come and beat you up and rob your money!!!
Where would you go ?? First govt ambulance will pick you up and get you to govt hospital(private wont pickup the call if they get to know you dont have money) then file a complaint in Police(govt)? if I say you robbed me first and police didn’t help goto court(govt), hire a govt lawyer move to highcourt to supreme court and atlast no one helps you came and we fight again

Fun aside, More or less we all contribute and this is how the circle works. Someone paid so we are here we will pay so the future generation can live a better life and pay more tax laughing laughing

While all of your points are very valid. If that money was ever well utilised ( in a corruption free system) then we would have much higher quality government services.

Do you know how much food grains are wroting or becomes rat food in FCI godowns every year?

………

If government ( any indian government) had taken Strict against top indian business tycoons who are hoarding black money overseas then we have enough government funds to develop India into the Greatest Nation ( Biswa Guru)


Government didn’t need to extort common Indians in the name of Tax collection ( if only they had Postponed some of their dream projects like Central Vista to a prosperous near future)

Crude oil prices are lowest yet diesel gasolin prices are highest!!!

………..X………

dizzy_face 

Missing