Ms Sarla Sharma on June 5 raised on Facebook a million dollar and thought-provoking question. Actually how many taxes this Modi government is imposing on public. Because minting money and giving no tax that is why they can't realise the problem of a common man. Hence:-
Dear FM Arun Jaitley,
Take our Remuneration & give me all my taxes back .
This budget has proved that it is anti Middle Class & The poor are taken care of by freebies and no taxes and the rich don’t care about taxes as they earn huge salaries & income from business & We the middle class are suffering as we pay all your Steep VAT, Cess, Service tax on brokerage income & on all essential expenses .Whatever little we do to make our struggle easy such as movies, hotels, small cars, electricity you all FMs tax them every year. We are sick of paying professional, education, Swach Bharath, Service TAX and VAT. Please listen to us.
Don’t test our patience. Out of Rs.100 earned we only get benefit of Rs.20-30 rest goes in taxes. See Example below.
A family of four on weekend for food at restaurant.
Petrol: 5 Ltr X Rs56.60= Rs. 283.
Tax collected on Rs 283 is Rs. 190
Tax collected on Rs 283 is Rs. 190
Resturant Bill Rs. 1000
Tax collected on Rs. 1000 = Rs. 203 (14.5%VAT, 5.6% ST, 0.2% SwachB Tax)
Service Charge 10% = Rs. 100
Total for taxes = Rs.303
Tax collected on Rs. 1000 = Rs. 203 (14.5%VAT, 5.6% ST, 0.2% SwachB Tax)
Service Charge 10% = Rs. 100
Total for taxes = Rs.303
Total outgoing = 283+1000+203+100= 1585
Note, this is post income tax so I will have to earn Rs. 2200 to manage this. Tax paid Rs. 660 on income
Note, this is post income tax so I will have to earn Rs. 2200 to manage this. Tax paid Rs. 660 on income
Summary Tax paid
Income Tax : Rs.660
Tax on Petrol: Rs.190
Tax on food: Rs. 203
Service Charge: Rs.100
TOTAL TAX PAID Rs. = Rs. 1153
Total spent from Salary Rs. 2200
Income Tax : Rs.660
Tax on Petrol: Rs.190
Tax on food: Rs. 203
Service Charge: Rs.100
TOTAL TAX PAID Rs. = Rs. 1153
Total spent from Salary Rs. 2200
Actual value of goods received = Rs. 1047
Total TAX paid = Rs. 1153
Total TAX paid = Rs. 1153
WHAT IS THIS? Is the GOVT making us a fool
30% income tax, 14% service tax, 0.5% Swach Bharat tax, 0.5% Agri tax, Vat 7.5%, cess pe cess uske upar ek aur cess and now lower interest rates Rates on PPF and EPF.
Kya hoga hamara haal Mr FM.
We do not know how you became a finance minister but you seem to be a total un-pat.
Kya hoga hamara haal Mr FM.
We do not know how you became a finance minister but you seem to be a total un-pat.
PLEASE PASS THIS TO ALL YOUR FRIENDS.
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