What is the effective date for capital gan tax. Last month June 2024 I sold my property . Should I pay revised tax. Also section 54 will be in force or not.
The middle class is struggling, especially with the ongoing job uncertainties. There should be zero taxes for incomes under 12 lakhs, and long-term capital gains tax should be reduced. The burden of indirect taxes, from VAT to home buying to gas, is overwhelming. This government has repeatedly failed to support the people who vote for them.
They just dont care because the ones who genuinely pay income taxes in India is under 5 crore people..its under 5 percent of the national voter base of 99 crores..our vote doesnt matter to them..they are more than happy appeasing the poor and helping their rich friends..its as simple as that..
Salaried people are deeply unhappy. Bjp will come to know in next election. Hope gateeb, kisaan comes to their rescue coz we honest taxpayers have had enough
Salaried people who work in organised sector who will be affected by these taxes are under 5 crore..its 5 percent of the vote base and most of these people dont vote..so that govt or for that matter the opposition doesnt care..all that matters is throw money at the poor and give benefits to the rich..its as simple as that
i think this tax is for MANG KE KHANE WALE OR CHHIN KE KHANE WALE KE LIYE HAI. no for the people of middle class who are really work hard and forcefully to pay them all the taxes and loans . like salaried or small business persons.
Middle class is getting thenga in every budget and should boycott voting. Taxpayer is only to pay tax as the term says. There are no jobs, if they resort to trading they are getting milked paying taxes in form of STT, LTCG, STCG etc. BJP saw the trailer in 2024 and going to see the full movie in 2029. What they have changed??? Have they brought in any strong laws against corruption? Have they introduced any laws against callous govt babus where we see massive corruption in building third class infrastructure in cities and villages? Have they given any respite to common man in terms of Health, education, water, roads? Answer is big no. Giving freebees to BPL in terms of free ration is what they have done. Milking tax payers is the easiest choice. If you have ajob which you earned by paying hefty for education, then get a private job on merit then pay heavy taxes. If the Private sector throws you out of job then die as you wont get any medical facility, you wont get any ration, you wont get any support. So middle class is bakra here who is giving his bali from time immemorial.
The Middle Class used to save in FDs, but with Sectoral inflation for the middle class above 10 %, it has become a losing proposition. The Middle Class also used to look at buying a House as an investment. With Indexation gone, it has become a losing proposition. It used to be possible to save in Stocks with both ST and LT tax rates going up, but it has become expensive. With the change in gold tax, the middle class also lost. As a result, they will get fewer emergency loans on their Gold. Thank God he has Ram Mandir. At least he will get Acha Din in his next life.
Dear Finance Minister, Listen to Middle class. Will boost market. *Life & Health insurance (each 25lk/family) should provide as intensives to Taxpayers. *Should public seen as three sections exemption must 10lk Low tax (10%): 10lk-20lk Medium tax (20%): 20lk-50lk High tax (30%): above 50lk *LT&ST CG: 10% low tax 15% medium tax 20% high tax.
News agencies will never call middle class for discussions. All the speakers here have a net worth in excess of 20 Cr, some even above 50 Cr. So their views come without empathy.
I support Modi, he needs money for buying media who entertains us at Primetime with Hindu-Muslim Bulldozer. And the public wants all this entertainment for free. All the time watching reels and crying when Ambani increased Jio Rates. Hypocrite public, wants everything for free. Modi knows how to show people its place.
What is the effective date for capital gan tax. Last month June 2024 I sold my property . Should I pay revised tax. Also section 54 will be in force or not.
The middle class is struggling, especially with the ongoing job uncertainties. There should be zero taxes for incomes under 12 lakhs, and long-term capital gains tax should be reduced. The burden of indirect taxes, from VAT to home buying to gas, is overwhelming. This government has repeatedly failed to support the people who vote for them.
Bro till 3 lakh=nill
Til 7 lakh= 5%
Till 13 lakh= 10%
Spend all your money and become poor. Best statergy
Nirmala baba signed death warrant of common man.BJP mukt bharat is the need of the currenr situation.
🔔
They just dont care because the ones who genuinely pay income taxes in India is under 5 crore people..its under 5 percent of the national voter base of 99 crores..our vote doesnt matter to them..they are more than happy appeasing the poor and helping their rich friends..its as simple as that..
Agreed. I was a bjp voter .not anymore .
Salaried people are deeply unhappy. Bjp will come to know in next election. Hope gateeb, kisaan comes to their rescue coz we honest taxpayers have had enough
Salaried people who work in organised sector who will be affected by these taxes are under 5 crore..its 5 percent of the vote base and most of these people dont vote..so that govt or for that matter the opposition doesnt care..all that matters is throw money at the poor and give benefits to the rich..its as simple as that
Really . People traveled to vote for bjp .I did to .lag jayega pata Maharastra state elections me hi @@zest6932
Middle Class don’t exist in India..Only the Rich and Poor.
i think this tax is for MANG KE KHANE WALE OR CHHIN KE KHANE WALE KE LIYE HAI. no for the people of middle class who are really work hard and forcefully to pay them all the taxes and loans . like salaried or small business persons.
Middle class is getting thenga in every budget and should boycott voting. Taxpayer is only to pay tax as the term says. There are no jobs, if they resort to trading they are getting milked paying taxes in form of STT, LTCG, STCG etc. BJP saw the trailer in 2024 and going to see the full movie in 2029. What they have changed??? Have they brought in any strong laws against corruption? Have they introduced any laws against callous govt babus where we see massive corruption in building third class infrastructure in cities and villages? Have they given any respite to common man in terms of Health, education, water, roads? Answer is big no. Giving freebees to BPL in terms of free ration is what they have done. Milking tax payers is the easiest choice. If you have ajob which you earned by paying hefty for education, then get a private job on merit then pay heavy taxes. If the Private sector throws you out of job then die as you wont get any medical facility, you wont get any ration, you wont get any support. So middle class is bakra here who is giving his bali from time immemorial.
time to look for alternative as all our money has gone to appease Nitish Kumar & Chander Babu Naidu
And when N. Sitharamanji had introduced 10℅ ltcg tax from zero earlier, who was she appeasing then?
Tell please whether long term applies from which date on capital gain
October 1
If u have already bought but sell after october 1st it will apply..it will not apply on the ones which you sell before oct 1.
I just said that it gets Implemented from 1st October
It applies from today .not Oct 1
The Middle Class used to save in FDs, but with Sectoral inflation for the middle class above 10 %, it has become a losing proposition. The Middle Class also used to look at buying a House as an investment. With Indexation gone, it has become a losing proposition.
It used to be possible to save in Stocks with both ST and LT tax rates going up, but it has become expensive.
With the change in gold tax, the middle class also lost. As a result, they will get fewer emergency loans on their Gold.
Thank God he has Ram Mandir. At least he will get Acha Din in his next life.
Very well explained thank you
Mental FM is thinking people of India are fool. Except Bihar and Andhra pradesh all other states can get lollipop.😂Bihar 24000cr and Andhra 15000cr
Dear Finance Minister,
Listen to Middle class.
Will boost market.
*Life & Health insurance (each 25lk/family) should provide as intensives to Taxpayers.
*Should public seen as three sections
exemption must 10lk
Low tax (10%): 10lk-20lk
Medium tax (20%): 20lk-50lk
High tax (30%): above 50lk
*LT&ST CG:
10% low tax
15% medium tax
20% high tax.
News agencies will never call middle class for discussions. All the speakers here have a net worth in excess of 20 Cr, some even above 50 Cr. So their views come without empathy.
Some market absorbs lgct etc etc does market has any choice or for that matter to public...these market pundits looks like bookish
Anchor saying- tax reduction is a good news.... what bullshit... kya fook ke aate hai yeh log?
MODI OUT!!!
BJP will realize its mistake after next elections. Even core/committed BJP voters are angry with changes in capital gains tax
SURABHI, NOBODY KNOWS. WHERE SHES LOOKING...... 👀👀👀
Screw the middle class
All bjp voters r taxed heavily.
I support Modi, he needs money for buying media who entertains us at Primetime with Hindu-Muslim Bulldozer. And the public wants all this entertainment for free. All the time watching reels and crying when Ambani increased Jio Rates. Hypocrite public, wants everything for free. Modi knows how to show people its place.
she never fails to disappoint..worst minister ever