Even salaried class needs relief. I myself fall in 30% tax bracket and it is so painful to pay so much tax and no get anything in return. All this money goes in freebees, welfare of peacefuls. Neither I can send my kids to govt school nor visit govt hospitals. On top of this GST and road toll tax. This is a bad budget for people like me. I have always been a supporter of BJP and Modi. But since last few months Modiji se moh bhang ho gaya hai because of his policies.
I agree and some people come here as guests to serve "khayali pulao" and show that everything is perfect. Things are not at all perfect and so many things still need to be done so that middle class also feels valued.
Same here.. aur sarkari hospitals mein toh sirf bhaijaan hi najar aate hain.. kisi jankar ka operation hua tha..SMS mein..bechara niche pada tha..door tak najar ghoomayi toh sirf bhaijaan hi bhaijaan.. dimaag ki dahi ho gayi..inn jahilo ke liye pay kar rahe hain hum itna saara tax.. waise indirect taxes milao..toh 42% se upar jaayega..
Mr. Sanjay Dixit ji last this week you posted a video with Vijay Sardana, who warned you about Modi govt.'s debt servicing problems and that the govt is borrowing all money to service its debt. Did you share that with Dr. Ankit Shah?
Why dont include all citizens into tax bracket as per their earnings? Let a poor who earns Rs 3000 per month pay Rs 1 atleast. He will feel proud and have self-respect. This will in turn reduce load on others.
to file a 1 Rs return, he will have to spend atleast 500 on the returns process a d not to mention additional servers IT has to install to handle additional load
Why Ankit Shah is always supporting anything and everything of the present govt I don't understand....he is losing all credibility....had lot of regards for him earlier...abhi to andh bhakt type lagna shuru hua hai
सारे भेद खुल गये राझ दार ना रहा. क्या से क्या हो गया बेवफ़ा तेरे प्यार में चाहा क्या क्या मिला बेवफ़ा तेरे प्यार में चलो सुहाना भरम तो टूटा जाना के हुस्न क्या है
Exactly, jitna suntey jao utna soch me padta hu, kaha se ye info laya, kaha par ho raha he ye sab😂, khayali pulao, Western countries itni bewakoof nahi he.
This time the over smartness of Finance Minister cause 10-15% vote percentage for BJP, and most importantly from the urban population who are in between 20-30 years, and from 2&3 tier cities as well because the arguments can't help them to save their money !
There was NO income tax in India before British came in. Like they stopped Gurukul they started income tax. So Govt should abolish Income tax also!! Right @Sanjay Ji
I am also a salaried middle class but statistically he is not wrong. Countries with benefits like NHS have taxpayer base of more than 50% of their population and here only 2% pay taxes.
He serves Khayali Pulav to everyone and hopes that his blind chaatugiri will earn him an advisory seat in the government. A PhD not getting anything better to do in life other than doing bakloli on Indian and PAKI 😡 YT channels.
Entrepreneur means Marwari. Baniya. Gujrati. Punjabi . Who else knows better. Whole UP, Bihar, Bengal will be employees of these entrepreneurs and will be harassed thoroughly.
Capital investment directly drives manufacturing everywhere in the world. Hiking taxes on Long Term Capital Gains reduces investment, which WILL reduce growth rates and wage rise. Vietnam had lower per capita than India. Today, Vietnam is at $4600 and India is $2800, purely because of mfg.
Sanjay ji I used to like this channel, but sorry to say what Ankit ji spoken here about stock market and mixed STCG, LTCG with F&O trading I cannot digest.....if govt wanted to hit F&O trading to safeguard the kids they could have introduced more stricter restriction in F&O..but its very evident this is all about BANKS and save CASA
Lot of old has been smuggled into Kerala fir the last 7-8 years and the process is still going on. Government should helhp them to multiply their profit by increasing the gold price.
Agriculture per income tax lagana chahiye main punjab se hu 100 acre wala zamindar single paisa income tax nahi deta , 50000 kamane wala mahine ka mar rha hain bogus bugdet
@@sameer15787 bhai vahi ghate kai business kisanon ke liye fasi ka fanda ban raha hai. Aur rahi bat meherbani ki to vimal tak ka rate fix hai 5-₹. lekin kabhi kabhi tamatar aur pyaj ki receipt bhi hamari quintal ki 200 ₹ bhi nahi ati to aap paise deke hamape mehrbani hi kar rahe honge shayad
@@ankurtripathi3152 Well Tax them according to slab no need to Tax farmers earing less than 10 lac but their are ppl who show Crores with 20/25 acre of land as income and get away with it .
In the USA, Short-term capital gains taxes range from 0% to 37%. Long term capital gain taxes run from 0% to 20%. India now raised their long-term capital gain taxes to 20%
I’m a huge admirer of Dr. Ankit’s take on geoeconomics. However, I found his take on current budget for income tax so poor. Sometime I feel he is living in a bubble of self confidence and that is disturbing. It’s been more than 10 years of the current govt. and the tax payers, especially the middle class tax payers, are still bearing the burden without any benefit. When I’m saying “without any benefit” I mean what we as taxpayers are getting in return in reality. Now I’ve started realising that all his sessions are theoretical and far far away from the reality. I might not be able to see the larger perspective here, but I think that is the problem with the current government that they take the tax payers as granted. This is such disheartening and disappointing. - an honest feedback.
Same talks every time. This new tax regime has come to push people towards consumption more. The government is killing the saving habits. Either spend the spare money on personal consumption or put the money into the stock market. The money put into markets will support the companies and startups, and out of this thing government will earn their cut thru STT, LTCG, STCG.
Even if Salaried class as percentage are very small proportion in the larger population, it still is huge in terms of sheer numbers. This budget may propel many into moonlighting, illegal transactions and corruption may increase through dubious methods. Govt. has to rethink and adopt a fine line between encouraging entrepreneurship and relaxing tax rates for salaried class. Otherwise consumer spending may nosedive in a massive way and can hurt economic growth.
05:34 govt only talks about budgetary allocations for infrastructure, defense etc. But they do not seem to want to set any targets for more efficient utilisation of yearly budget. For example budget allocation in a certain sector might go up by 15% but they never declare any targets for efficiency improvements. This seems opaque and business as usual
Dr. Ankit Shah and Sanjay Dixit can write new economic theories based on Dr. Shah's views. Let us see how much global academic support he gets. America can't be replaced so far it is the strongest economy and the strongest military.
Gold bonds की मैच्योरिटी आनेपर गोल्ड का रेट कम करके पैसा बचाना नैतिकता की क्या लेवल दिखाता। इसपर दोनों विद्वान इतने खुश क्यू हो रहे है। क्या कुछ सब्सिडी मिल रही है।
The way you said that salaried class is minimal reflects that they don’t matter and insignificant. Do you mean that this class has no role in nation building. Ankit Shah ji can speak like that but at least sir it is not expected a person who has put in more than three decades service at the highest level of bureaucracy. This service class also play important and crucial role in the governance in the execution of government policies in defending the borders of the country in the maintenance of peace and internal security. So at least some sort of respect should be shown to them.
Indexation khatam kr dia, Gold k sgb ke date aarhi the to gold price girwa diaa duty kam kr k. Bakwaas govt hai .. tax base badhane ke jagah tax % badha rhe hai... Naa tax reforms kiye na judicial Reforms na wakf act na hindu temple control na UCC na cow slaughter ban naa police reforms . Road banane k liye vote nahi dia tha Sanatani ne.. Every law is in concurrent list 3 which can be changed by Central Govt... But nothing done
Kaunsa road bani hain hame v bata de. Kuch expressways jo banaya hain wo banana hi hain government koi v ayye logistics k liye. Cities k andar road dekh, Mumbai me swimming kar sakte hain road pe after few hours raining
Ankit goes to all YT channels, incl. PAKI YT channels, to do bakloli. PhD karke this is the best he can do and with hopes of getting some advisory role in MEA or PM Office based on his bakloli. 😂😂😂 He curses NRIs and tries to make money from same NRIs by doing so-called consultancy. Doglapan ki hadh hoti hai. 😂😂😂
Ambani Adani ne koi sector choda hai jaha koi normal person entrepreneurship ki soch bhi sakta hai. Chai se leke missile sab ye bech rahe hai, thanks to this Government.
Acha toh jin logo ne SGB liye thae, unko paise na Dene ke liye agar government ne customs duty Kam ki hai, toh woh common public bhi inko vote nahi degi
Dear Sir, please suggest the Government to give rebate of GST amount only to the people who all pay Income Tax regularly as they say only 3% population pays Income Tax only 3% population should be given this exemption atleast people earning monthly less than Rs.5 Lac - I am great supporter of this Government, but now after this budget I feel not to vote for any party as there is no hope from any party.
Magar kaise, from the last 10 years, 48000 rich people have already left India because of too many taxes, and after paying too many taxes, they get "Null-Batta-Sanatta".
They have always left.. did they show you how many left the 10 yrs before ?? Also do u know how many unicorns are made in India recently?? That means we are making new generation of high networth individuals.. All these ho move to other countries will form a powerful diaspora and will help india and contribute to the economy
@@dlavanya1 If people were leaving even before BJP came into power, that's why they chose BJP over Congress. However, BJP is also imposing heavy burdens on taxpayers, potentially even more than the previous Congress government. The BJP ensures there are no opportunities for upward mobility from the middle class to the rich class. Yes, numerous unicorns are created, and once they surpass 400 crore, they are relocating from India to Singapore, the UAE, and other nations due to lower corporate tax rates compared to India. I believe that those in a lower tax bracket or receiving government benefits may not realize the impact of entering a higher tax bracket and experiencing the struggles of the middle class.
Ankit ji investing in stocks in India is still a great choice. Long term capital gains tax is 12.5%, while it is 20% in the US. And we don't get any deductions for our investments in the US.
I really dont know who has got these Mudra loans?? When govt claims that crores have got Mudra loan , how many jobs have they created? Where's the data...if you go to bank and ask for Rs 2 L loan also,they ask 100 questions, collateral etc, i request any one who is watching this program, pls let me know how to get Mudra loan( collateral free loan) .. Absolute nonsense claims by the govt
It's mainly disbursed to a certain 'section' of the vote bank who doesn't vote for current govt to somehow woo them back. they still don't vote 😂😂 They never will.
Acha, aur aapko lagta hai ki jo business owners, woh inki income increase hone per apne employees ko correct increment dete hai? Uss direction may kya kaam kiya jayega & kab tak?
Ankit goes to all YT channels, incl. PAKI YT channels, to do bakloli. PhD karke this is the best he can do and with hopes of getting some advisory role in MEA or PM Office based on his bakloli. 😂😂😂 He curses NRIs and tries to make money from same NRIs by doing so-called consultancy. Doglapan ki hadh hoti hai. 😂😂😂
One simple question for you if Congress is Good. Please answer 🙏. CHINA Taiwan Japan South Korea Germany all in the span of 20 years, were developed and rich countries. While India ruled by Congress for almost 60-65 years, remained most poor, underdeveloped and inefficient country in the world. WHY ????????
Those giving out their house on Airbnb are subject to 18% gst on rental and any charges they levy on par with the gst on hotel rooms exceeding some specific value per day.
mai 68yrs old retd govt employee hu.maine jindgi ka sabse bura bugdet ye budget dekha.middle class jo bjp ka core voters ko 10 saal khub ullu banaya gaya hai.middle class maus hai.propety ko bechne per index price rebet ko hata kar khub ullu tai finance minister banai hai.tai rajya sabha se aati hai.lok sabha me middle class aukat dekha dega.jab apne ham ko ullu bana kar soshan kiya tou ham bhi aapko vote nahi dekar ullu banayege.
Achha? Congress ke samay ka 95% tax bhool gaye babaji? Main 40 saal ka hoon aur mujhe bhi yaad hai hum kahaan they kahaan aa gaye. Chai peejiye thodi neend khulegi fir comment likhiyega.
Pagaal ho kya? Congress wants to just complelty redistribute your wealth to others. Raga already said that. They will take all your money and give it to peacefuls.
In 140 crore population, only 2.2% population paying tax is injustice to the ones paying tax.why the system isn't made in such a way that all individuals are included in the tax zone.why government not bringing CBDT in a way so everyone comes under it
Everyone pays tax. Every time a purchase of goods or services is done, tax is paid. True, income tax exemption for rich farmers, endless subsidies, freebies etc are inexcusable.
When averages per capita income is in range to 2 to 2.5 k . How can you expect one to pay taxes .. inflation takes a heavy toll on common man plus in every purchase gst is being paid at the end of consumer .. travel and have sense what is reality of India ..
You are talking about long term... What happened to vodaphone idea who hold it for long term. India bulls, Yes bank, DHFL, and many more I can name it who did long tream just ask them now
Kya gold, Helicopters, yak par duty kam rakhna jaroor tha. Sirf middle class ko marne ki soch hai. Farmers ko free kiya. Political party ko free kiya. BCI ko free kiya. MP, MLA ko free kiya😅😅
Hi.. Gold pe gst 5% hai lekin uske sell pe income tax aur excise bhi lagta hai.. toh equal hi hai.. Air crafts pe bhi tax bahot hai.. If you buy air craft for private use tax is huge.. But most of the people setup air aviation company then direct tax on purchase is low but they have to pay gst for every trip of that which makes it equal.. I don’t know about bcci.. MP and Mla wala toh kafi sach hai..
Once banks engage in short term and day trading it is named as Treasury operations but if individuals do it, it is termed as gambling. Organized money wants common people to remain bag holders
Dr Ankit Shah is wrong about taxation. The F&O profits are taxed differently from stock investments. F&O come under business income which is taxed as per your income tax slab. stock investments are taxed under capital gains and tax for this section has increased. Government has dont nothing but lip-service on F&O and taxed capital gains which is mostly used for building retirement corpus or for large expenses (like house and marriage). Regarding Gold import tax reduction, which SD and shah are praising as money saving, was scamming investors who trusted government to offer better returns than buying physical gold. This is a scam which should be taken to court. FM needs to be behind bars for this action.
❤ Gold is giving 15-16% return If Gold keep giving same returns, 1kg gold 75 lakhs in 2024 With 15% return 1kg gold after 26 years 28 crores per kilo But not jewellery only gold
Why is income tax not abolished? Why is agriculture income not brought in the income tax net? We are all first citizens and the rest remain. ( Agriculturist, MPs, MLAs, bureaucrats). Is the only increase in tax the solution? No plan to curb black money? What is the status for digital currency, payments? Why are grants sanctioned are not in the form of digital currency (E-rupee)? It is to hide what? How much ROI in investment? How much tax on such interest income? Though CG, STT etc were raised which is connected to the stock market, the market is breaking the all time high index. Indirectly the Govt insists to move out of savings and go to other beneficial alternatives. How many numbers of taxes? Please publish the list. Why electricity bill paymet not linked to PAN and to report all wle bill payment to Income tax portal? Have courage?
When it comes to STCG for shares 20% should be removed and it must be taxed as per the available tax rates. BJP has no theory as far as individual tax is concerned.
@@dlavanya1 Stock market gains encourage stock market investment which creates capital for companies to expand, which generates jobs and technological improvement. Stock investments also carry risk, which is why governments need to encourage investing.
If i invest in someone else's business aka buying stock and make 2x of my capital, Here he's suggesting to stop it and influx your capital into next gen entrepreneurship ? Does he know success rate of start up is only 5% 😅😂 and that too in India with such a horrible condition of ease of doing business. Better to make money in stock market and leave India for Singapore, Dubai.
@@TheBHAARATKSHETRA yeah, Subh lav kinda self employment won't generate wealth. They just into traditionalism business model, lack of capitalism approach. All the successful startups today in India like Zomato, Ola, Flipkart, Paytm, Rapido,Zerodha etc only comes from tier 1 cities. Look at the Zomato stock, we see which side capital is flowing into
बहुत निराशा जनक discussion. सरकार को टॅक्स भी दो, सेविंग पर ना बेनिफिट है, शेयर मार्केट में भी मत इन्वेस्ट करो, खुद अपने सेविंग से इंडस्ट्री बनाऊं! आप को सब्सिडी मिलती है क्या सरकार से।
Very DISAPPOINTED with Ankit Shah view on Income tax. You are saying since tax paying people are NOT MUCH ONLY 2 Cr SO THEY CAN BE EXPLOITED??? Like USA when Govt GOING TO GIVE SOCIAL SECURITY TO TAX PAYERS???
He serves Khayali Pulav to everyone and hopes that his blind chaatugiri will earn him an advisory seat in the government. A PhD not getting anything better to do in life other than doing bakloli on Indian and PAKI 😡 YT channels.
Sir g... Govt has destroyed gen. which is now 25-33 yr old ....because they are looking for job... Now they did not have any others skill... What to do now....
Contribute to JD Annual Summit Hindu Ecosystem Fund:
www.jddigital.in/jd-annual-summit-fund/
BKL GODI RUclipsR
Sir this guy know nothing . Please stop inviting him .
@@goatnaldo_23look who is talking ...... Congressi lap dog
तो तू ही आजा!
@@mahavir20099 nahi aara ja kya karega
Even salaried class needs relief. I myself fall in 30% tax bracket and it is so painful to pay so much tax and no get anything in return. All this money goes in freebees, welfare of peacefuls. Neither I can send my kids to govt school nor visit govt hospitals. On top of this GST and road toll tax. This is a bad budget for people like me. I have always been a supporter of BJP and Modi. But since last few months Modiji se moh bhang ho gaya hai because of his policies.
Yehi problem hai. Jaldi moh bhang ka mauka nikaal hin lete hain.
U need to pay double 😂😂😂
I agree and some people come here as guests to serve "khayali pulao" and show that everything is perfect. Things are not at all perfect and so many things still need to be done so that middle class also feels valued.
Same here.. aur sarkari hospitals mein toh sirf bhaijaan hi najar aate hain.. kisi jankar ka operation hua tha..SMS mein..bechara niche pada tha..door tak najar ghoomayi toh sirf bhaijaan hi bhaijaan.. dimaag ki dahi ho gayi..inn jahilo ke liye pay kar rahe hain hum itna saara tax.. waise indirect taxes milao..toh 42% se upar jaayega..
30% people should just keep quiet
Main har roj 10 Hin-duon ko The Jaipur Dialogues channel deta hoon aur unko jagne ko bolta hoon. 🙂🙂🙏🙏
Good Job brother. Keep on doing this work and ask everyone to connect wity more people.
Bahaut acha kaam kar rahe 👍
My firm belief is tax slab must start by nil from 7 lakhs. This bogus rebate after 3 lakhs must be done away with.
Only 2% pay tax….not possible
IT rebate is already there upto 7.75L
Areh bhai 7.75 lakh tak nhi hai tax
Abolish funds for wakf board, haj, minority welfare etc and offset it against income tax relief.
Mr. Sanjay Dixit ji last this week you posted a video with Vijay Sardana, who warned you about Modi govt.'s debt servicing problems and that the govt is borrowing all money to service its debt. Did you share that with Dr. Ankit Shah?
Yes I wanted a POV on this issue
वन नेशन वन टैक्स होना चाहिए, जैसे सिर्फ एक टैक्स, ट्रांजेक्शन टैक्स लगाना चाहिए और चलन से पांच सौ और दो सौ का नोट बंद कर देना चाहिए,
अस्मिता एक अच्छा कदम है। शिक्षा जीवन और विचारों को स्थापित करने का आधार है। शिक्षा का भारतीयकरण अति आवश्यक है। हर हर महादेव🙏🙏
Why dont include all citizens into tax bracket as per their earnings? Let a poor who earns Rs 3000 per month pay Rs 1 atleast. He will feel proud and have self-respect. This will in turn reduce load on others.
Yes
to file a 1 Rs return, he will have to spend atleast 500 on the returns process a d not to mention additional servers IT has to install to handle additional load
@@sudarshanbhat7688True
pleasure listening to dr.shah
Dr. Ankit Shah, thoughts are not the reality like you appear to think.
Khayali Pulav sells well. So he serves exactly that
Why Ankit Shah is always supporting anything and everything of the present govt I don't understand....he is losing all credibility....had lot of regards for him earlier...abhi to andh bhakt type lagna shuru hua hai
सारे भेद खुल गये राझ दार ना रहा.
क्या से क्या हो गया बेवफ़ा तेरे प्यार में चाहा क्या क्या मिला बेवफ़ा तेरे प्यार में
चलो सुहाना भरम तो टूटा जाना के हुस्न क्या है
Exactly, jitna suntey jao utna soch me padta hu, kaha se ye info laya, kaha par ho raha he ye sab😂, khayali pulao, Western countries itni bewakoof nahi he.
This time the over smartness of Finance Minister cause 10-15% vote percentage for BJP, and most importantly from the urban population who are in between 20-30 years, and from 2&3 tier cities as well because the arguments can't help them to save their money !
Yes
Oversmartness of PM also.
There was NO income tax in India before British came in. Like they stopped Gurukul they started income tax. So Govt should abolish Income tax also!! Right @Sanjay Ji
I'm salaried middle class. Wow your ignorance to our status is much wow. What a cute smile when you said salaried middle hai hi kitna. 😊
I am also a salaried middle class but statistically he is not wrong.
Countries with benefits like NHS have taxpayer base of more than 50% of their population and here only 2% pay taxes.
He serves Khayali Pulav to everyone and hopes that his blind chaatugiri will earn him an advisory seat in the government. A PhD not getting anything better to do in life other than doing bakloli on Indian and PAKI 😡 YT channels.
Irony. Should not minority get benefit?? 🤔
@@Nishant226how much is 2 percent in terms of Indian population? You think that number is insignificant?
No taxes for RUclips professionals, so good for them
It is good to encourage entrepreneurship. That doesnt mean you tax the service class like hell
Well said dear,I am also on the same page
Dude, they think L0hdi is hindu saviour. Deluded AF.
Sure. Just generate money out of air.
Indeed dear. The page of wishful thinking where money grows on trees.
Entrepreneur means Marwari. Baniya. Gujrati. Punjabi .
Who else knows better. Whole UP, Bihar, Bengal will be employees of these entrepreneurs and will be harassed thoroughly.
Bas karo mere bhai
Jai Hind Jai Bharat Sanjay ji and Dr Ankit ji 🙏🇮🇳🇮🇳🇮🇳🙏Jai Shree Ram 🙏🙏🙏🙏🙏
Capital investment directly drives manufacturing everywhere in the world. Hiking taxes on Long Term Capital Gains reduces investment, which WILL reduce growth rates and wage rise. Vietnam had lower per capita than India. Today, Vietnam is at $4600 and India is $2800, purely because of mfg.
Sanjay ji I used to like this channel, but sorry to say what Ankit ji spoken here about stock market and mixed STCG, LTCG with F&O trading I cannot digest.....if govt wanted to hit F&O trading to safeguard the kids they could have introduced more stricter restriction in F&O..but its very evident this is all about BANKS and save CASA
Government want only taxes nothing else from us
12:38 epic line 🔥
Jaihind !! Jaya Bharat!
Lot of old has been smuggled into Kerala fir the last 7-8 years and the process is still going on. Government should helhp them to multiply their profit by increasing the gold price.
Judges and family should declare property on website
They are Demi God and behave like Dalal of HIRAMANDI.
They are strong system, they will never Budge
Agriculture per income tax lagana chahiye main punjab se hu 100 acre wala zamindar single paisa income tax nahi deta , 50000 kamane wala mahine ka mar rha hain bogus bugdet
जो भी रोटी मिल रही है उस पर भी ग्रहण लग जायेगा।
Ham kisan to tax dena chahte par pahle hamara income to ho bhai. kisan sirf Punjab mehi nahi hote.
Bhai hum bhi paisa dekhe khana kharid te hai... to kisan humpe meherbani kar raha hai aisa nahi baat hai... it's a business
@@sameer15787 bhai vahi ghate kai business kisanon ke liye fasi ka fanda ban raha hai. Aur rahi bat meherbani ki to vimal tak ka rate fix hai 5-₹. lekin kabhi kabhi tamatar aur pyaj ki receipt bhi hamari quintal ki 200 ₹ bhi nahi ati to aap paise deke hamape mehrbani hi kar rahe honge shayad
@@ankurtripathi3152 Well Tax them according to slab no need to Tax farmers earing less than 10 lac but their are ppl who show Crores with 20/25 acre of land as income and get away with it .
Now a days companies replacing employees with Technology..... Especially NBFC companies
In the USA, Short-term capital gains taxes range from 0% to 37%. Long term capital gain taxes run from 0% to 20%. India now raised their long-term capital gain taxes to 20%
Stcg is from 10 to 37% and ltcg has 3 slabs 0, 15 and 20.
In India ltcg is 12.5 not 20
Stcg is 20%
Brilliant analysis
As said by Dr Ankit Shah, correction the Standard Deduction for old regime is still 50,000 rupees whereas it is 75,000 rupees for new regime only.
25:18 ❤❤ gold. , difference between custom duty. And gst
Only 4% of population are middle class and most of them don't go to Voting booths.
Why then they expect any benefit from Budget ?
I paid a very small amount but I really felt part of the movement
I’m a huge admirer of Dr. Ankit’s take on geoeconomics. However, I found his take on current budget for income tax so poor. Sometime I feel he is living in a bubble of self confidence and that is disturbing. It’s been more than 10 years of the current govt. and the tax payers, especially the middle class tax payers, are still bearing the burden without any benefit. When I’m saying “without any benefit” I mean what we as taxpayers are getting in return in reality. Now I’ve started realising that all his sessions are theoretical and far far away from the reality. I might not be able to see the larger perspective here, but I think that is the problem with the current government that they take the tax payers as granted. This is such disheartening and disappointing.
- an honest feedback.
He sells Khayali Pulav because people buy it 🤷♂️
The same observations were made by me. He is in a bubble.
Same talks every time. This new tax regime has come to push people towards consumption more. The government is killing the saving habits. Either spend the spare money on personal consumption or put the money into the stock market. The money put into markets will support the companies and startups, and out of this thing government will earn their cut thru STT, LTCG, STCG.
Government hates retailer's involvement into stock market. SEBI is clearly hinting out to come with new regulations about short term investment
Even if Salaried class as percentage are very small proportion in the larger population, it still is huge in terms of sheer numbers. This budget may propel many into moonlighting, illegal transactions and corruption may increase through dubious methods. Govt. has to rethink and adopt a fine line between encouraging entrepreneurship and relaxing tax rates for salaried class. Otherwise consumer spending may nosedive in a massive way and can hurt economic growth.
05:34 govt only talks about budgetary allocations for infrastructure, defense etc. But they do not seem to want to set any targets for more efficient utilisation of yearly budget. For example budget allocation in a certain sector might go up by 15% but they never declare any targets for efficiency improvements. This seems opaque and business as usual
Dr. Ankit Shah and Sanjay Dixit can write new economic theories based on Dr. Shah's views. Let us see how much global academic support he gets.
America can't be replaced so far it is the strongest economy and the strongest military.
Even though US goes down. Capital will flow into Indonesia, Thailand, Vietnam, Saudi, UAE, Qatar over India for manufacturing.
All they can do is yappin'
What about long term capital gains tax???
Gold bonds की मैच्योरिटी आनेपर गोल्ड का रेट कम करके पैसा बचाना नैतिकता की क्या लेवल दिखाता।
इसपर दोनों विद्वान इतने खुश क्यू हो रहे है।
क्या कुछ सब्सिडी मिल रही है।
@@shripadaravkar7507 this is daylight robbery if it has been done keeping this in mind, this is totally unethical..
The way you said that salaried class is minimal reflects that they don’t matter and insignificant. Do you mean that this class has no role in nation building. Ankit Shah ji can speak like that but at least sir it is not expected a person who has put in more than three decades service at the highest level of bureaucracy. This service class also play important and crucial role in the governance in the execution of government policies in defending the borders of the country in the maintenance of peace and internal security. So at least some sort of respect should be shown to them.
Ankit is arrogant and serves khayali pulav to everyone. PhD karne ke baad saare dinn koi na koi YT channel pe bakloli karne ke alawa kuch nahi aata.
Indexation khatam kr dia, Gold k sgb ke date aarhi the to gold price girwa diaa duty kam kr k. Bakwaas govt hai .. tax base badhane ke jagah tax % badha rhe hai...
Naa tax reforms kiye na judicial Reforms na wakf act na hindu temple control na UCC na cow slaughter ban naa police reforms . Road banane k liye vote nahi dia tha Sanatani ne..
Every law is in concurrent list 3 which can be changed by Central Govt... But nothing done
Will you tell us how one pays 3 crores income tax on a net profit of 7 crores.
If individual profit (not CGains) :
30% tax + 25% surcharge (=7.5%) + wealth tax + cess = marginal rate of 39% tax
39% of 7 crores profit = 2.8 crores approx
Kaunsa road bani hain hame v bata de. Kuch expressways jo banaya hain wo banana hi hain government koi v ayye logistics k liye. Cities k andar road dekh, Mumbai me swimming kar sakte hain road pe after few hours raining
@@roxymax8917 right
@@roxymax8917 lodu Mumbai ke roads state ke under ari hey naki centre ke . Ekhnath Sinde kar kya raha hey ?
Jai Shree Ram 🎉
Ankit Sir You are Great 👍
Good point of view 👌👌👌
Sabse pehle Karvi walon ne sensex ke 2024 mein 1 laakh sensex ka Target diya tha shayad 2015 mein diya tha
Dr Ankit Shah it is not possible for thr dollar to collapse so soon
dont take him seriously,
Is he say collapse??
He say dollar + 10 currancy
Which means multipolar world 🌎
Don't waste your valuable time listening to Fairytales.
pagal h vo...kuch time baad dast lagne ke benefit batayega
@@gamefortune812Ankit Shah to roj dedorization kar raha hai
Sanjayji
apka bold & critical analysis dekte hai...par ankitji ko itna fee hand mat dijiye....plz
Very correct opinion....kabhi to samalochana karen govt ki Ankit sha
Bhai how do you know it is gambling? Those who gambled before will always gamble. If one learn swing trades how can it become gamble
Mr Halwayee Ankit Sharma😂😂😂😂
Ankit goes to all YT channels, incl. PAKI YT channels, to do bakloli. PhD karke this is the best he can do and with hopes of getting some advisory role in MEA or PM Office based on his bakloli. 😂😂😂 He curses NRIs and tries to make money from same NRIs by doing so-called consultancy. Doglapan ki hadh hoti hai. 😂😂😂
Sahi baat hain salaried class puri country ka tax birden uthaye.. Aur expect kuch mat kare because their % is minimal and negligible vote count..
How long will you keep on scratching the bottom of Moi Ji 😂
Exactly
Jb tk Jaan hai tab tak , BJP ki dalali nhi karenge to karenge kya 😂😂
Ambani Adani ne koi sector choda hai jaha koi normal person entrepreneurship ki soch bhi sakta hai. Chai se leke missile sab ye bech rahe hai, thanks to this Government.
Ha bhai ye dono to 10 saal pahle hi paida hue hai aur tere jaise social media pr Gyan chodne walo ko aage nahi badne dere.
Textile & NBFC pe aa raha hain Ambani family. Nita Ambani ko dekha hain aajkal kaha kaha jaa raha hain
LTGC and STGC increase in Tax shows BJP doesn't care about its vote Bank which is middle class Hindu family .
Acha toh jin logo ne SGB liye thae, unko paise na Dene ke liye agar government ne customs duty Kam ki hai, toh woh common public bhi inko vote nahi degi
Good work. ❤❤❤
This channel is still going "Modi Modi Jai Jai Modi" huh?
Dear Sir, please suggest the Government to give rebate of GST amount only to the people who all pay Income Tax regularly as they say only 3% population pays Income Tax only 3% population should be given this exemption atleast people earning monthly less than Rs.5 Lac - I am great supporter of this Government, but now after this budget I feel not to vote for any party as there is no hope from any party.
Good to see Ankit after long
Magar kaise, from the last 10 years, 48000 rich people have already left India because of too many taxes, and after paying too many taxes, they get "Null-Batta-Sanatta".
They have always left.. did they show you how many left the 10 yrs before ??
Also do u know how many unicorns are made in India recently?? That means we are making new generation of high networth individuals..
All these ho move to other countries will form a powerful diaspora and will help
india and contribute to the economy
@@dlavanya1
If people were leaving even before BJP came into power, that's why they chose BJP over Congress. However, BJP is also imposing heavy burdens on taxpayers, potentially even more than the previous Congress government. The BJP ensures there are no opportunities for upward mobility from the middle class to the rich class.
Yes, numerous unicorns are created, and once they surpass 400 crore, they are relocating from India to Singapore, the UAE, and other nations due to lower corporate tax rates compared to India.
I believe that those in a lower tax bracket or receiving government benefits may not realize the impact of entering a higher tax bracket and experiencing the struggles of the middle class.
Ankit ji investing in stocks in India is still a great choice. Long term capital gains tax is 12.5%, while it is 20% in the US. And we don't get any deductions for our investments in the US.
I really dont know who has got these Mudra loans?? When govt claims that crores have got Mudra loan , how many jobs have they created? Where's the data...if you go to bank and ask for Rs 2 L loan also,they ask 100 questions, collateral etc, i request any one who is watching this program, pls let me know how to get Mudra loan( collateral free loan) ..
Absolute nonsense claims by the govt
I don't know anyone who got loan.
It's mainly disbursed to a certain 'section' of the vote bank who doesn't vote for current govt to somehow woo them back. they still don't vote 😂😂 They never will.
@@jhcgfjkghvbj you mean if name is Abdul, it's approved and if name is Sumeet, it's rejected.
What will be the effect of dedollarisation in Indian stock market?
What is the relation between EQ. market STCG and F&O????? This 20% and 12.5% is all because of CASA ratio
Jai shree Ram Jai Hindu
Acha, aur aapko lagta hai ki jo business owners, woh inki income increase hone per apne employees ko correct increment dete hai? Uss direction may kya kaam kiya jayega & kab tak?
Ankit goes to all YT channels, incl. PAKI YT channels, to do bakloli. PhD karke this is the best he can do and with hopes of getting some advisory role in MEA or PM Office based on his bakloli. 😂😂😂 He curses NRIs and tries to make money from same NRIs by doing so-called consultancy. Doglapan ki hadh hoti hai. 😂😂😂
Salarried middle class है कितानासा! जाने दो भाड मे....... सही है?
Mera bhi ek cousin hai..usne tb tak kid plan nhn kiya jab tak wo miya biwi USA nhn phunche..U r right Ankit sir
🌷🙏🌷 श्री राम जी 🌷🙏🌷
2:43 He talk about Tax slab political different think between congress vs BJP.. and I thing congress is very much right regarding this..
One simple question for you if Congress is Good. Please answer 🙏.
CHINA Taiwan Japan South Korea Germany all in the span of 20 years, were developed and rich countries.
While India ruled by Congress for almost 60-65 years, remained most poor, underdeveloped and inefficient country in the world. WHY ????????
अतुलनीय।।
Those giving out their house on Airbnb are subject to 18% gst on rental and any charges they levy on par with the gst on hotel rooms exceeding some specific value per day.
mai 68yrs old retd govt employee hu.maine jindgi ka sabse bura bugdet ye budget dekha.middle class jo bjp ka core voters ko 10 saal khub ullu banaya gaya hai.middle class maus hai.propety ko bechne per index price rebet ko hata kar khub ullu tai finance minister banai hai.tai rajya sabha se aati hai.lok sabha me middle class aukat dekha dega.jab apne ham ko ullu bana kar soshan kiya tou ham bhi aapko vote nahi dekar ullu banayege.
Achha? Congress ke samay ka 95% tax bhool gaye babaji? Main 40 saal ka hoon aur mujhe bhi yaad hai hum kahaan they kahaan aa gaye. Chai peejiye thodi neend khulegi fir comment likhiyega.
Pagaal ho kya? Congress wants to just complelty redistribute your wealth to others. Raga already said that.
They will take all your money and give it to peacefuls.
Ankitji, muchhe ho jaay.
28:56.. meri friend ka beta yeh karnaama kar chuka hai
We have seen the brilliant infrastructure bridges in bihar. OMG such infrastructure much wow😊
Lalloo ka kamaal hei 😅
Its good budget
Very nice
In 140 crore population, only 2.2% population paying tax is injustice to the ones paying tax.why the system isn't made in such a way that all individuals are included in the tax zone.why government not bringing CBDT in a way so everyone comes under it
Everyone pays tax. Every time a purchase of goods or services is done, tax is paid. True, income tax exemption for rich farmers, endless subsidies, freebies etc are inexcusable.
When averages per capita income is in range to 2 to 2.5 k . How can you expect one to pay taxes .. inflation takes a heavy toll on common man plus in every purchase gst is being paid at the end of consumer .. travel and have sense what is reality of India ..
Very good analysis by Ankit sah
Jai Siya Ram🙏🙏
For Ayurved person should have interest and command on Senskrit Bhasha also.
I would love to be part of your programme in Jaipur during my visit to India from Canada
Bageshwar baba ji ko bulayiye. For divine guidance and understanding.
Ankit Shah is anyhow supporting this govt.
You are talking about long term... What happened to vodaphone idea who hold it for long term. India bulls, Yes bank, DHFL, and many more I can name it who did long tream just ask them now
Namaskar Jai Hind Jai Bharat.
Kya gold, Helicopters, yak par duty kam rakhna jaroor tha. Sirf middle class ko marne ki soch hai. Farmers ko free kiya. Political party ko free kiya. BCI ko free kiya. MP, MLA ko free kiya😅😅
Hi.. Gold pe gst 5% hai lekin uske sell pe income tax aur excise bhi lagta hai.. toh equal hi hai.. Air crafts pe bhi tax bahot hai.. If you buy air craft for private use tax is huge.. But most of the people setup air aviation company then direct tax on purchase is low but they have to pay gst for every trip of that which makes it equal.. I don’t know about bcci.. MP and Mla wala toh kafi sach hai..
Social media ka brainwashed creature hai bhai tu😂😂
True. Blind he is
"Dedollarization" is a hoax! Stop believing this guy. RBI itself is keeping value of Indian rupee low.
I know, it's never going to happen😂
Once banks engage in short term and day trading it is named as Treasury operations but if individuals do it, it is termed as gambling. Organized money wants common people to remain bag holders
High Frequency Trading doing all the time, The institutional investors
Good video sir
Sanjay sir please invite Vaibhav Singh ji (Defensive offence) to your show.
Dr Ankit Shah is wrong about taxation. The F&O profits are taxed differently from stock investments. F&O come under business income which is taxed as per your income tax slab. stock investments are taxed under capital gains and tax for this section has increased.
Government has dont nothing but lip-service on F&O and taxed capital gains which is mostly used for building retirement corpus or for large expenses (like house and marriage).
Regarding Gold import tax reduction, which SD and shah are praising as money saving, was scamming investors who trusted government to offer better returns than buying physical gold. This is a scam which should be taken to court. FM needs to be behind bars for this action.
❤ Gold is giving 15-16% return
If Gold keep giving same returns,
1kg gold 75 lakhs in 2024
With 15% return
1kg gold after 26 years 28 crores per kilo
But not jewellery only gold
Standard deduction under old regime continues at Rs.50000/- Please clarify
Why is income tax not abolished? Why is agriculture income not brought in the income tax net? We are all first citizens and the rest remain. ( Agriculturist, MPs, MLAs, bureaucrats).
Is the only increase in tax the solution?
No plan to curb black money? What is the status for digital currency, payments? Why are grants sanctioned are not in the form of digital currency (E-rupee)? It is to hide what?
How much ROI in investment? How much tax on such interest income? Though CG, STT etc were raised which is connected to the stock market, the market is breaking the all time high index. Indirectly the Govt insists to move out of savings and go to other beneficial alternatives.
How many numbers of taxes? Please publish the list.
Why electricity bill paymet not linked to PAN and to report all wle bill payment to Income tax portal? Have courage?
Ham kisan to tax dena chahte hai par pahla hamara income to ho bhai.
When it comes to STCG for shares 20% should be removed and it must be taxed as per the available tax rates. BJP has no theory as far as individual tax is concerned.
Why should stock market gains be treated differently from regular salary ??
@@dlavanya1 Stock market gains encourage stock market investment which creates capital for companies to expand, which generates jobs and technological improvement. Stock investments also carry risk, which is why governments need to encourage investing.
STCG is 40% in the US, and long term gains are 20%. Sitting out here, the numbers seem very nice in India right now.
If i invest in someone else's business aka buying stock and make 2x of my capital, Here he's suggesting to stop it and influx your capital into next gen entrepreneurship ? Does he know success rate of start up is only 5% 😅😂 and that too in India with such a horrible condition of ease of doing business. Better to make money in stock market and leave India for Singapore, Dubai.
entire tier 2 and tier 3 is mostly in self employment. Jobbers are tiny percentage of total population.
@@TheBHAARATKSHETRA yeah, Subh lav kinda self employment won't generate wealth. They just into traditionalism business model, lack of capitalism approach. All the successful startups today in India like Zomato, Ola, Flipkart, Paytm, Rapido,Zerodha etc only comes from tier 1 cities. Look at the Zomato stock, we see which side capital is flowing into
@@roxymax8917 talk to me after the financial reset regarding who gets payments.
बहुत निराशा जनक discussion. सरकार को टॅक्स भी दो, सेविंग पर ना बेनिफिट है, शेयर मार्केट में भी मत इन्वेस्ट करो, खुद अपने सेविंग से इंडस्ट्री बनाऊं!
आप को सब्सिडी मिलती है क्या सरकार से।
Right, faltu ka budget hai.. next 3 State election bjp pakka haregi..
Yes if you spend in the industry that Govt promotes. Why don't you try and then complain
Everybody should be entrepreneurs 😂
Very DISAPPOINTED with Ankit Shah view on Income tax.
You are saying since tax paying people are NOT MUCH ONLY 2 Cr SO THEY CAN BE EXPLOITED???
Like USA when Govt GOING TO GIVE SOCIAL SECURITY TO TAX PAYERS???
He serves Khayali Pulav to everyone and hopes that his blind chaatugiri will earn him an advisory seat in the government. A PhD not getting anything better to do in life other than doing bakloli on Indian and PAKI 😡 YT channels.
Sir g... Govt has destroyed gen. which is now 25-33 yr old ....because they are looking for job... Now they did not have any others skill... What to do now....
Will dollar collapse???
Do you know after the budget, dollar is about to cross 84 inr???